Showing posts with label south korea. Show all posts
Showing posts with label south korea. Show all posts

Sunday, August 21, 2016

South Korea’s Credit Rating Raised One Level to AA by S&P

S&P said Monday it raised the long-term credit rating for South Korea to AA from AA- with a stable outlook, the agency’s third-highest rating. This follows an upgrade to Aa2 from Moody’s Investors Service in December 2015, which marked the first time that South Korea received a third-highest ranking from a major ratings agency. Fitch Ratings ranks South Korea at AA-, the fourth-highest level.
http://www.bloomberg.com/news/articles/2016-08-08/south-korea-s-credit-rating-raised-one-level-to-aa-by-s-p