Moody's downgrades 5 Pakistani banks' ratings; maintains negative outlook

Oct 12, 2022

Islamabad [Pakistan], October 12 : Moody's Investors Service has downgraded the long-term deposit ratings to Caa1 from B3 of five Pakistani banks.

Six Pakistani banks named in FinCEN leak: Report

Sep 23, 2020

Islamabad [Pakistan], September 23 : As many as six Pakistani banks have been identified for suspicious transactions for close to USD 2.5 million, in...

Pakistani banks under international scrutiny for terror funding: Report

Mar 14, 2022

Islamabad [Pakistan], March 14 : Pakistan, which has been trying to elude accusations for keeping banking laws lax to help terrorist groups move funds,...

Moody's cracks down on five Indian public sector banks

Sep 04, 2020

Singapore, Sep 4 : Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank,...

Five Pakistani soldiers killed in crossfire from Afghanistan

Feb 06, 2022

Islamabad [Pakistan], February 6 : Five Pakistani soldiers were killed after terrorists inside Afghanistan opened fire on troops in Khyber Pakhtunkhwa province, local media...

Pakistan government borrows PKR 3.2 trillion from bank in just 45 days

Jul 11, 2024

The Pakistani government has borrowed approximately Pakistani currency (PKR) 3.2 trillion from scheduled banks from May 15 to June 28 of the fiscal year...