- Published: July 2009
Industrial Bank of Korea Sep 11
- Published: September 2011
- Standard & Poors
Very high likelihood of government support Strong position in the small and midsize enterprise (SME) lending market Relatively low exposure to construction and real-estate development projects Weak retail deposit base Highly concentrated loan portfolio in SMEs Privatization risk The ratings on Industrial Bank of Korea (IBK; A/Stable/A-1) reflect a very high likelihood of government support, IBK's strong market position in the SME lending market, and its relatively low exposure to construction and real-estate development projects. On the other hand, the ratings are constrained by its relatively weak retail deposit base, highly concentrated loan portfolio in SMEs, and privatization risk. The ratings on IBK reflect Standard & Poor's Ratings Services' opinion that there is a very high likelihood of the government...
Companies mentioned in this report are: Industrial Bank of Korea
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Industrial Bank of Korea