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Moody’s, the global credit rating agency, has upgraded the long-term deposit ratings of five major Pakistani banks. These banks have seen their ratings rise from Caa3 to Caa2. In addition to the rating upgrade, the outlook for these banks has also been revised to positive from stable, reflecting an optimistic view of their future performance. …
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ISLAMABAD: Prime Minister Imran Khan has said on Thursday, that Pakistani banks do not sanction loans to humble people without power. He was addressing at the groundbreaking ceremony for Farash Town apartments, a housing project under the Naya Pakistan Housing scheme, in Islamabad on Thursday. According to PM Khan, Pakistani banks are not in the …
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