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Moody’s upgrades Pakistan’s banking sector outlook to positive

Summary by The Express Tribune
Moody’s, a global credit rating agency, has revised Pakistan’s banking sector outlook from stable to positive, attributing the change to stronger financial performance and a recovery in macroeconomic conditions from last year’s downturn. The agency's latest report noted that Pakistan's banks are heavily invested in government securities, holding around 50% of their total assets in sovereign bonds. The upgrade reflects a more favorable liquidity …

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mettisglobal.news broke the news in on Wednesday, March 12, 2025.
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