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Fitch affirms Industrial Bank of Korea
Fitch Ratings said it affirmed Industrial Bank of Korea's long-term foreign-currency issuer default rating at A+.
The outlook is stable.
The affirmations reflect a continued belief of a high probability of support from South Korea's government, if required, Fitch said.
The bank is a policy bank mandated to provide financial services to small and medium enterprises, the agency said.
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