Support from Citigroup as a highly strategic subsidiary. Strong capitalization. Limited exposure to risky corporate industries relative to domestic peers. Modest market share in Korea's banking industry. Potential pressure on asset quality from high household leverage. The stable outlook on Korea-based Citibank Korea Inc. (CKI) reflects our outlook on Citibank N.A., which is the U.S.-based lead bank of Citigroup Inc. We believe CKI will maintain its high strategic importance to the group for the next 18-24 months. The group has both the capacity and the willingness to provide significant support to CKI, if needed, in our view. We could downgrade CKI if we lower our ratings on Citibank N.A. We could also lower our ratings on CKI if we believe
