Suhyup Bank, S&P Annual Consultation... Management Status Review

[Asia Economy Reporter Bu Aeri] Sh Suhyup Bank announced on the 13th that it held an annual consultation with the international credit rating agency Standard & Poor's (S&P).

According to Suhyup Bank, during this consultation held via a non-face-to-face conference call, S&P reviewed the overall management status for credit rating evaluation, including first-half performance, second-half management goals, and strategies, with practical personnel from each business division.

In March, the international credit rating agency Moody's upgraded Suhyup Bank's long- and short-term credit rating outlook from 'Stable (A2-Stable)' to 'Positive (A2-Positive)'.

Currently, Suhyup Bank's credit ratings are ▲ Moody's 'A2' ▲ S&P 'A' ▲ Domestic agencies Korea Ratings, Korea Credit Rating, and NICE Credit Rating 'AAA'. The rating outlook remains stable.

This content was produced with the assistance of AI translation services.