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Moody’s affirms rating of five Pakistan’s commercial banks to stable

Moody’s affirms rating of five Pakistan’s commercial banks to stable

🕔11:04, 17.Jul 2014

ISLAMABAD: Following the revision of Pakistan’s foreign currency government bond rating outlook to stable from negative, the Moody’s Investors Service affirmed the B3 long-term local-currency deposit ratings of five Pakistani banks and changed the outlook on these ratings to stable from negative, ARY News reported.

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