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Credit Ratings
Domestic Credit Rating Status
| Company | NICE Investors Service Co. | Korea Ratings Corporation | Korea Investors Service Inc |
|---|---|---|---|
| KakaoBank Corp. | AA+ (Stable) | AA+ (Stable) |
AA+ (Stable) |
Credit Ratings System (Domestic)
| Rating | Definition |
|---|---|
| AAA | The highest likelihood of honoring financial obligations. |
| AA | Very high likelihood of honoring financial obligations. The likelihood may, nevertheless, be slightly lower than is the case for the highest rating category (AAA). |
| A | High likelihood of honoring financial obligations. The likelihood may, nevertheless, be more susceptible to changes in circumstances and in economic conditions than is the case for higher rating category (AA). |
| BBB | Moderate likelihood of honoring financial obligations, but changes in circumstances and in economic conditions are more likely to impair this likelihood than is the case for higher rating category (A). |
| BB | Some uncertainty over the likelihood of honoring financial obligations and speculative elements. |
| B | Substantial uncertainty over the likelihood of honoring financial obligations and is considered more speculative than higher rating category (BB). |
| CCC | High risk of default on financial obligations and questionable likelihood of honoring financial obligations. |
| CC | Very high risk of default on financial obligations and extremely low likelihood of honoring financial obligations. |
| C | Extremely high risk of default on financial obligations and lack of likelihood of honoring financial obligations. |
| D | Default. |