Oldest independent English Daily of Dhaka - thenewnationbd.com- is not just an online edition of the paper. It is the fastest vehicle of factual news on events, processes and ideas from Bangladesh and around the globe.
Oldest independent English Daily of Dhaka - thenewnationbd.com- is not just an online edition of the paper. It is the fastest vehicle of factual news on events, processes and ideas from Bangladesh and around the globe.
It's time to bid farewell to 2020 and embrace a new year ahead. Hong Kong's economy has experienced profound challenges and turbulence since 2019, with two consecutive years of negative GDP growth under multiple shocks of United States-China tensions, local social unrest and the COVID-19 pandemic.
Business
January 14, 2021
KARACHI: Banking profitability and loan quality will adversely be hurt by the slowdown in Pakistanâs economy that is expected to modestly grow 1.5 percent this fiscal year compared to 0.4 percent contraction a year earlier, ratings agency Moodyâs said on Wednesday.
Moodyâs Investors Service said stable outlook for the countryâs banking system reflects banksâ solid funding and liquidity âalthough a challenging â but improving â operating environment will weigh on asset quality and profitability.â
âDespite a difficult environment, the governmentâs credit profile is stable due to ongoing reforms and increasing policy effectiveness. This is positive for the banks since their outsized holdings of Pakistani government debt links their credit profiles to that of the government,â Constantinos Kypreos, a Moodyâs senior vice president said in the banking systemâs outlook report.
Oldest independent English Daily of Dhaka - thenewnationbd.com- is not just an online edition of the paper. It is the fastest vehicle of factual news on events, processes and ideas from Bangladesh and around the globe.