Moody’s upgrades Pakistan’s banking sector outlook to ‘stable’ | The Express Tribune

Moody’s upgrades Pakistan’s banking sector outlook to ‘stable’ | The Express Tribune

Moody’s Investors Service has upgraded the outlook of Pakistan’s banking sector from ‘negative’ to ‘stable’, citing easing macro challenges and fiscal pressures. In its report, the agency highlighted the solid profitability and stable funding of banks, which provided a buffer against the country’s macroeconomic challenges and political uncertainties. The report …

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