south korean credit appraisers\ ratings inflated
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

South Korean credit appraisers' ratings inflated

Egypt Today, egypt today

Egypt Today, egypt today South Korean credit appraisers' ratings inflated

Seoul - Yonhap

South Korea's top credit appraisers are found to be granting inflated ratings for bonds issued by local firms, data showed Monday, sparking concern for their trustworthiness. Three local appraisers -- Korea Ratings Co., NICE Investors Service Co. and Korea Investors Service Co. -- have granted top ratings of between "AAA" and "A" on 78.9 percent of corporate bonds floated here as of Friday, market data showed.

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south korean credit appraisers\ ratings inflated south korean credit appraisers\ ratings inflated



 
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