Tag Archives: Moody’s notes strong bank profits in 2020

ISLAMABAD: Moody’s Investor Services on Thursday said that despite lower interest margins, higher provisioning for non-performing loans amid the pandemic, leading Pakistani banks post strong profit growth in 2020. In a statement, the Moody’s said the financial results announced by three leading banks – MCB, Allied and Habib Bank – as of Feb 22 were credit positive and reflect containment …

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