Account log in



Forgot your password?

CI Seminars

CI Seminars

News & Credit Rating Announcements

24 October 2016 | Country: South Korea | Bank: Industrial Bank of Korea

Industrial Bank of Korea’s Financial Strength Rating Raised to ‘A-’ ‘Stable’ Outlook Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, announced today that it has upgraded the Financial Strength Rating (FSR) of the Industrial Bank of Korea (IBK) to 'A-' from 'BBB+' on the basis of the Bank's good and consistent financial performance, including sound loan asset quality, efficient operations, and above-average operating profitability. The FSR is also supported by the Bank's market leadership in SME loans, ready access to term funding, and effective customer deposit mobilizing capability.

Attachments

  • View Credit Rating Announcement (CRA)
    PDF Download Available
  • Bank Rating Report (South Korea, Industrial Bank of Korea)
    Purchase Available - View price list


Sign up here as a Member to view the CRA or to purchase the related report.