Pakistan, Feb. 9 -- ISLAMABAD - International credit rating Moody's has revised the outlook for Pakistan banking sector from positive to stable, citing both gradual improvements in the economy and persistent structural risks.
In its latest assessment, Moody's noted that Pakistan's banking sector has remained resilient despite a challenging operating environment. The highlighted strong profitability, largely driven by elevated interest rates and banks' significant exposure to government securities, as a key factor underpinning stability.
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Moody's projects that Pakistan's economic growth will gradually recover, estimating GDP growth of around 3 percent in 2025, rising t...
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