Moody's: Stable outlook reflects accelerating economy, strong funding and resilient profitability despite modest capital buffers
Limassol, February 22, 2017-- Moody's Investors Service's stable outlook for the Pakistan banking system reflects the banks' stable deposit-based funding structure and the rating agency's view that their earnings will benefit from the country's economic growth over the next 12 to 18 months. However, the system will remain challenged by its heavy exposure to the low-rated Pakistan government, as well as the banks' only modest capital levels. Moody's conclusions were contained...
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