HANOI, VIETNAM, Nov. 9 (Korea Bizwire) - Moody’s Investors Service has just upgraded the baseline credit assessment (BCA) and adjusted BCA of Vietnam International Bank (VIB) to B1 and Counterparty Risk Assessment (CRA) to Ba3. Previously, right after upgrading the Government of Vietnam’s long-term issuer and senior unsecured ratings to Ba3 from B1, Moody’s upgraded the long-term [...]
SEOUL, Feb. 3 (Korea Bizwire) – A growing number of South Koreans are seeking help from the state financial watchdog for damages caused by loan sharks amid a prolonged economic slump, official data showed Friday. A total of 2,306 relevant cases were reported to the Financial Supervisory Service (FSS) last year, up 89 percent from [...]
SEOUL, Nov. 8 (Korea Bizwire) — A large number of South Korean companies have suffered credit rating downgrades this year due to poor performances stemming from protracted sluggish demand, despite an upgrade in the country’s sovereign rating, market data showed Sunday. According to the data compiled by Korea Investors Service Inc., one of the three [...]