Moody's may boost Korea Exchange Bank

Moody's Investors Service said it placed Korea Exchange Bank's (KEB) D- bank financial strength rating on review for possible upgrade.

The agency said the review will consider the bank's operating and financial performance under Lone Star, which has been its shareholder since October 2003.

Specifically, this includes improvements that management has made to strengthen the core banking business, potential concentration risks in the loan portfolio and the profitability and contribution of the credit card operations to the bank, Moody's added.

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