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MOODY'S TAKES MULTIPLE RATING ACTIONS ON 12 KOREAN BANKS
Info-Prod Research (Middle East), May, 2009
>Moody's Investors Service has taken multiple rating actions on 12
Korean financial institutions to reflect stresses arising from the
current crisis and the increasing convergence between the
government's ability to support the banks and its own debt capacity.
The financial institutions are: Citibank Korea Inc, Hana Bank,
Industrial Bank of Korea (IBK), Kookmin Bank, Korea Development Bank
(KDB), Korea Exchange Bank (KEB), National Agricultural Cooperative
Federation (NACF), Shinhan Bank, Suhyup Bank, Woori Bank, Woori
Finance Holdings and Woori Investment & Securities (WIS).
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