Citibank Korea Inc. - S&P Global Ratings’ Credit Research

Citibank Korea Inc.

Citibank Korea Inc. - S&P Global Ratings’ Credit Research
Citibank Korea Inc.
Published Dec 17, 2013
3571 words — Published Dec 17, 2013
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Adequate capitalization Relatively limited exposure to risky industries Moderately high likelihood of government support in case of financial distress Relatively low market share Moderate profitability Potential pressure on asset quality from high household leverage The stable outlook on the ratings on Citibank Korea Inc. (CKI) reflects Standard&Poor's Ratings Services' expectation that the bank's asset quality will not deteriorate significantly and it will be able to maintain the current adequate level of capitalization for the coming 18 months. We hold this view despite a challenging operating environment for CKI. The bank faces pressure on its net interest margins due to competition and the Korean government's borrower-friendly initiatives to lower banks' lending rates for small and midsize enterprises (SMEs) and

  
Brief Excerpt:

RESEARCH Citibank Korea Inc. Publication date: 17-Dec-2013 Primary Credit Analyst: HongTaik Chung, CFA, Hong Kong 85-2-2533-3597; hongtaik.chung@standardandpoors.com Secondary Contact: Cheul Soo Cho, CFA, Hong Kong (852) 2533 3559;...

  
Report Type:

Full Report

Ticker
016830@KS
Issuer
Citibank Korea Inc.
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Korea
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Citibank Korea Inc." Dec 17, 2013. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Citibank-Korea-Inc-1228606>
  
APA:
S&P Global Ratings’ Credit Research. (). Citibank Korea Inc. Dec 17, 2013. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Citibank-Korea-Inc-1228606>
  
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