Reuters logo
BRIEF-Moody's says Korea's credit strengths offer resilience through external tensions and challenges of domestic reform
May 16, 2017 / 2:28 AM / 7 months ago

BRIEF-Moody's says Korea's credit strengths offer resilience through external tensions and challenges of domestic reform

May 15 (Reuters) -

* Moody‘s- Korea’s credit strengths offer resilience through external tensions and challenges of domestic reform

* Moody’s on s. Korea- Strong level of competitiveness, effective policymaking institutions support outlook for economic growth projected at 2%-2.5% in 2017-18

* Moody‘s- Barring major escalation of range of interrelated risks, sees credit strengths of sovereign, Korean cos, banks to remain largely intact

* Moody’s on S. Korea- Expect government debt to remain at manageable levels of about 40 percent of GDP

* Moody‘s- Outlook on Korean banking system is currently negative, due to declining asset quality of loans to large corporates, challenging environment. Source text for Eikon:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below