{"id":58385,"date":"2019-12-06T11:52:11","date_gmt":"2019-12-06T06:52:11","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58385"},"modified":"2019-12-06T11:52:11","modified_gmt":"2019-12-06T06:52:11","slug":"moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html","title":{"rendered":"Moody\u2019s changes outlook of five leading Pakistani banks from \u2018negative\u2019 to \u2018stable\u2019"},"content":{"rendered":"<p>Karachi: Moody\u2019s Investors Service on Thursday upgraded the outlook of five major banking institutions from \u2018negative\u2019 to \u2018stable\u2019, according to a news report. The five banks in question are Habib Bank Ltd (HBL), Allied Bank Ltd (ABL), United Bank Ltd (UBL), MCB Bank Ltd, and the National Bank of Pakistan (NBP).<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/moody-ranks-pakistans-economic-outlook-stable.html\" target=\"_blank\" rel=\"noopener noreferrer\">Moody&#8217;s ranks Pakistan&#8217;s economic outlook as &#8216;stable&#8217;<\/a><\/p>\n<p>Moody\u2019s, a New York-based ratings agency, affirmed these banks\u2019 existing B3 long-term local currency deposit ratings. This announcement followed the body\u2019s decision on December 2 to affirm the B3 rating of the Government of Pakistan, and change its rating from \u2018negative\u2019 to \u2018stable\u2019. This rating reflects the ongoing financial reforms, <a href=\"https:\/\/www.zameen.com\/news\/pakistan-repays-usd-1-billion-foreign-debt.html\" target=\"_blank\" rel=\"noopener noreferrer\">loan repayments<\/a>, and the reduced external vulnerability risks for investors.<\/p>\n<p>\u2018The banks\u2019 rating actions reflect improvements in the operating environment in Pakistan and in the country\u2019s sovereign credit profile, which affect the banks, given their high government exposures that link their credit profiles to that of the government and the expectation that the government\u2019s capacity to support banks in case of need will not deteriorate,\u2019 it said in a statement.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/economic-stability-job-creation-on-govts-priority-list-pm-khan.html\" target=\"_blank\" rel=\"noopener noreferrer\">Economic stability, job creation on govt&#8217;s priority list: PM Khan<\/a><\/p>\n<p>It attributed this change to the banks\u2019 higher exposure to government securities as well, and expected that the government\u2019s support for banks would not decrease in times of need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Moody\u2019s Investors Service on Thursday upgraded the outlook of five major banking institutions from \u2018negative\u2019 to \u2018stable\u2019, according to a news report. The five banks in question are Habib Bank Ltd (HBL), Allied Bank Ltd (ABL), United Bank Ltd (UBL), MCB Bank Ltd, and the National Bank of Pakistan (NBP). Read: Moody&#8217;s ranks Pakistan&#8217;s economic outlook as &#8216;stable&#8217; Moody\u2019s, a New York-based ratings agency, affirmed these banks\u2019 existing B3 long-term local currency deposit ratings. This announcement followed the body\u2019s decision on December 2 to affirm the B3 rating of the Government of Pakistan, and change its rating from \u2018negative\u2019 to \u2018stable\u2019. This rating reflects the ongoing financial reforms, loan repayments, and the reduced external vulnerability risks for investors. \u2018The banks\u2019 rating actions reflect improvements in the operating environment in Pakistan and in the country\u2019s sovereign credit profile, which affect the banks, given their high government exposures that link their credit profiles to that of the government and the expectation that the government\u2019s capacity to support banks in case of need will not deteriorate,\u2019 it said in a statement. Read: Economic stability, job creation on govt&#8217;s priority list: PM Khan It attributed this change to the banks\u2019 higher exposure to&hellip;<\/p>\n","protected":false},"author":58,"featured_media":36932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14297,14295,14296],"persona":[],"class_list":{"0":"post-58385","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-fiscal-reforms","8":"tag-moodys","9":"tag-outlook"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Moody\u2019s changes outlook of five leading Pakistani banks from \u2018negative\u2019 to \u2018stable\u2019 - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: Moody\u2019s Investors Service on Thursday upgraded the outlook of five major banking institutions from \u2018negative\u2019 to \u2018stable\u2019, according to a news\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Moody\u2019s changes outlook of five leading Pakistani banks from \u2018negative\u2019 to \u2018stable\u2019 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: Moody\u2019s Investors Service on Thursday upgraded the outlook of five major banking institutions from \u2018negative\u2019 to \u2018stable\u2019, according to a news\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:author\" content=\"atif_zameen_dev\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-06T06:52:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/04\/moodys.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shanzay Asim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shanzay Asim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Moody\u2019s changes outlook of five leading Pakistani banks from \u2018negative\u2019 to \u2018stable\u2019 - Zameen News","description":"Karachi: Moody\u2019s Investors Service on Thursday upgraded the outlook of five major banking institutions from \u2018negative\u2019 to \u2018stable\u2019, according to a news","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html","og_locale":"en_US","og_type":"article","og_title":"Moody\u2019s changes outlook of five leading Pakistani banks from \u2018negative\u2019 to \u2018stable\u2019 - Zameen News","og_description":"Karachi: Moody\u2019s Investors Service on Thursday upgraded the outlook of five major banking institutions from \u2018negative\u2019 to \u2018stable\u2019, according to a news","og_url":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_author":"atif_zameen_dev","article_published_time":"2019-12-06T06:52:11+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/04\/moodys.jpg","type":"image\/jpeg"}],"author":"Shanzay Asim","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Shanzay Asim","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html"},"author":{"name":"Shanzay Asim","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/32f7a47cf2283e1bb9d09fca10cd6b74"},"headline":"Moody\u2019s changes outlook of five leading Pakistani banks from \u2018negative\u2019 to \u2018stable\u2019","datePublished":"2019-12-06T06:52:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html"},"wordCount":240,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/04\/moodys.jpg","keywords":["fiscal reforms","Moody's","outlook"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html","url":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html","name":"Moody\u2019s changes outlook of five leading Pakistani banks from \u2018negative\u2019 to \u2018stable\u2019 - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/04\/moodys.jpg","datePublished":"2019-12-06T06:52:11+00:00","description":"Karachi: Moody\u2019s Investors Service on Thursday upgraded the outlook of five major banking institutions from \u2018negative\u2019 to \u2018stable\u2019, according to a news","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/04\/moodys.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/04\/moodys.jpg","width":600,"height":350,"caption":"FILE - This Aug. 24, 2010 file photo, shows the signage for Moody's Corp., in New York. Moody's Investors Service is a credit rating agency. (AP Photo\/Mark Lennihan, File)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/moodys-changes-outlook-of-five-leading-pakistani-banks-from-negative-to-stable.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Moody\u2019s changes outlook of five leading Pakistani banks from \u2018negative\u2019 to \u2018stable\u2019"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/32f7a47cf2283e1bb9d09fca10cd6b74","name":"Shanzay Asim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d48096a6a4132dfadc6dec92fed23d238b12d0d1ae004dec64919017069f6321?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d48096a6a4132dfadc6dec92fed23d238b12d0d1ae004dec64919017069f6321?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d48096a6a4132dfadc6dec92fed23d238b12d0d1ae004dec64919017069f6321?s=96&d=mm&r=g","caption":"Shanzay Asim"},"description":"Shanzay Asim is a content developer at Zameen.com.","sameAs":["atif_zameen_dev"],"url":"https:\/\/www.zameen.com\/news\/author\/shanzay-asim"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/58385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=58385"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/58385\/revisions"}],"predecessor-version":[{"id":58386,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/58385\/revisions\/58386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/36932"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=58385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=58385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=58385"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=58385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}