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Moody’s places five banks under review for rating downgrade

ISLAMABAD: Moody’s has placed Pakistan’s five big banks for downgrade in ratings linked to their credit profiles emanating from the government’s potentially weakening creditworthiness in case of default on private debts. Credit rating agency Moody’s said it placed on review

Moody’s places Pakistan’s B3 rating under review for downgrade

NEW YORK: Moody’s has placed Pakistan’s local and foreign currency long-term issuer and B3 rating under review for downgrade, the global ratings agency has announced. Moody’s said the decision to place the ratings under review for downgrade reflects the expectation

Economic stability reaffirmed

After Moodys raised Pakistan’s economic outlook to stable last month, another top rating credit agency Fitch has reaffirmed the country’s long-term rating with a stable outlook. The improvements in Pakistan’s economy have now been realized by two of the top

Fitch affirms Pakistan’s credit rating at B- with stable outlook

NEW YORK: International credit rating agency Fitch has affirmed Pakistan’s sovereign credit rating at B- with a stable outlook. In a press release issued on Monday, the agency took note of progress being made towards strengthening external finances and positive