Korea"s Credit Rating Likely To Increase: Moody"s

U.S. world renowned credit evaluator Moody's started to revaluate Korea's current situation on February 8.
Representatives including Tom Byrne, director of the agency's sovereign rating department for Korea will begin a two-day review of the Korean economy for a possible upgrade.
He said it is likely that Korea's rating would be raised by two notches and probably more than that for its banks.
The delegate members will meet with Lee Sang Deuk, chief policy maker of the opposition Grand National Party (GNP), as well as visiting the Financial Supervisory Service, the Bank of Korea and the Federation of Korean Industries.
Byrne said in the meeting with Chung Deuk Koo, vice minister of the Ministry of Finance and Economics, 'After going through all the processes, we will need about 2-4 weeks to publicize the final result.'
Chung told reporters, 'They asked us about the opposition party's behavior and the current economic hearings.'