According to Moody's Investors Service, the five banks to be downgraded on deposit rating include Allied Bank Limited (ABL), Habib Bank Ltd (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP) and United Bank Ltd (UBL).
Islamabad [Pakistan], October 12 (ANI): Moody's Investors Service has downgraded the long-term deposit ratings to Caa1 from B3 of five Pakistani banks.