S&P global revises Bangladesh outlook to negative amid banking and external risks

AI Summary

S&P Global has downgraded Bangladesh's long-term sovereign outlook from stable to negative due to increasing concerns over the country's fragile banking sector and external economic risks. This action highlights growing financial vulnerabilities in Bangladesh's economic framework.

Dhaka: S&P Global has revised Bangladesh's long-term sovereign outlook to negative from stable, citing mounting risks from the country's fragile banking...