Fitch affirms Korea Investment

Fitch Ratings said it affirmed Korea Investment & Securities' long- and short-term foreign currency issuer default rating at BBB with stable outlook and F3, respectively.

The ratings reflect the franchise of Korea's fifth largest stockbroker by revenue, its stable brokerage revenue and its strong capitalization, the agency noted.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.