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Moody’s issues 5 Pak banks’ rating
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KARACHI: Moody's investors services on Thursday changed to negative from stable the outlook on the long-term local currency deposit ratings and bank financial strength saving of the following 5 Pakistani banks. ABL (d-/ba3), HBL (d-/ba3), MCB (d/ba2), NBP (d/ba2), and UBL (d-/ba3). At the same time Moody's have affirmed the foreign currency deposits savings of b3/not-prime assigned to these banks. -Agencies
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