The government plans to use the new sovereign wealth fund to help finance up to 100 aircraft to expand the fleet of the ...

Moody’s further said it expects “the Pakistani economy to expand by 3% in 2025, compared to 2.5% in 2024 and -0.2% in 2023”. “Inflation is also significantly easing, which we estimated at around 8% ...

KARACHI: Global rating agency Moody’s has upgraded Pakistan’s banking outlook to positive from stable on the back of improved financial performance.

Sri Lanka’s banks marked an exceptional year in 2024, primarily driven by the impairment reversals on the Sri Lanka International Sovereign Bonds (SLISBs), despite also incurring the net losses from ...

“The positive outlook on the sector also mirrors the Government of Pakistan’s (Caa2 positive) positive outlook, with ...

Moody’s Ratings upgraded its outlook on Pakistan’s banking sector to positive, citing improved operating conditions and ...

FITCH RATINGS on Wednesday upgraded its viability ratings (VR) for the Philippines’ three biggest private banks in asset terms and its two largest state-run lenders. Fitch said in separate statements ...