November 20, 2024 10:31 PM
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Moody’s downgrades six Bangladeshi banks following sovereign rating cut
Global rating agency Moody's has revised its ratings for six Bangladeshi banks, citing concerns over the country's recent sovereign downgrade. The banks affected are BRAC Bank, City Bank, Dutch-Bangla Bank, Eastern Bank, Mercantile Bank, and Premier Bank. Moody's has revised the outlooks on the long...