Moody’s Upgrades Ratings of 5 Pakistani Banks to Positive – Fintech News Pakistan

Moody’s Upgrades Long-Term Deposit Ratings of Five Major Pakistani Banks Following Sovereign Rating Upgrade Moody’s Investors Service has upgraded the long-term deposit ratings of five leading Pakistani banks—Allied Bank Limited (ABL), Habib Bank Limited (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP), and United Bank Limited (UBL)—from Caa3 to Caa2. This rating action…

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