...Outlook: Stable The stable outlook on Korea-based Citibank Korea Inc. (CKI) follows our stable outlook on the bank's U.S. affiliate, Citibank N.A., which is the lead bank operating entity of the Citi group. We believe CKI will retain its high strategic importance to the Citi group for the next 18-24 months. We also believe the group has both the capacity and the willingness to provide significant support to CKI if needed. We could downgrade CKI if we lower our ratings on Citibank N.A. We could also lower our ratings on CKI if we believe CKI will not benefit from additional loss-absorbing capacity (ALAC) support from the group. We may over time reassess the ALAC uplift for CKI as more details emerge regarding the amount of prepositioning of capital that will be permanently maintained at the bank. Alternatively, we may downgrade CKI if we see the bank's strategic importance to the Citi group as significantly reduced, such that we believe it would not warrant additional liquidity, capital,...
