trending Market Intelligence /marketintelligence/en/news-insights/trending/u7jaNo445Ipjzu-TkLAOOQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Fitch affirms ratings of 3 South Korean policy banks

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Fitch affirms ratings of 3 South Korean policy banks

Fitch Ratings said July 8 that it affirmed the long-termforeign currency issuer default ratings of Korea Development Bank, andIndustrial Bank ofKorea, with stable outlooks.

The rating agency also affirmed the three South Koreanpolicy banks' short-term foreign currency issuer default ratings at F1+. Inaddition, Fitch withdrew Export-Import Bank of Korea's long-term local currencyissuer default rating of AA as the lender has no plan to issue local-currencydebt in offshore markets.

The three policy banks' ratings reflect Fitch's view thatthere is a high likelihood of government support to the banks if needed, asthey undertake critical policy functions and are state-owned. Legislation alsorequires the government to make up for any losses incurred by the banks thatare not covered by their reserves.

The stable outlooks on the three policy banks' ratingsreflect that of the South Korea sovereign.

The banks' ratings would be affected by any change inFitch's assumptions about their relationship with the South Korean government.They would also be affected by changes to South Korea's ratings.