S&P Maintains ‘AA’ Rating for South Korea, Projects 2.2% Growth in 2024

SEOUL, April 30 (Korea Bizwire) – Global credit appraiser S&P Global Ratings said Tuesday it has maintained its credit rating on South Korea at “AA,” with a stable outlook. S&P has kept South Korea’s long-term sovereign credit rating at the third-highest level on the company’s table since August 2016, when it upgraded the rating by [...]