Moody’s changes outlook on Pakistan banking system from negative to stable

KARACHI – Pakistan banking sector has witnessed a positive development as US-based global ratings agency, Moody’s Investor Service, upgraded its outlook from negative to stable. The ratings agency issued updated outlook citing banks’s solid profitability and stable funding as country is moving out of worst politicial and economic crisis. In its reports, Moody’s said banks’and … Continue reading Moody’s changes outlook on Pakistan banking system from negative to stable