March 13, 2025 12:10 PM

Moody’s downgrades Bangladesh’s banking outlook to negative

Moody's Ratings downgraded Bangladesh's banking system outlook to negative from stable, citing rising asset risks, political instability and worsening economic conditions. In its latest report released Wednesday, Moody's highlighted key concerns, including escalating asset risks, weakening economic growth, and heightened inflationary pressures that are expected to negatively impact banks' profitability and financial stability. The American credit ratings agency also forecasts that Bangladesh's...