Korean bank ratings to beat Japan's?

Standard & Poor''s financial services MD, Ian Thompson and Terry Chan discuss Asian bank ratings.

In which markets are the financial institutions, generally speaking, on a positive ratings trend

Ian Thompson Probably the banking market that has shown the most improvement in recent times is Korea. We've seen some structural reforms and an improvement in non-performing loans, through securitization, sales to asset management companies, and write-offs. We have also seen an improvement in corporate governance by the Korean banks, which has been aided by the increasing stakes held in them by foreign companies. We've also...

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