Moody’s Investors Service has assigned foreign- and local-currency short-term issuer ratings of P-1 to KB Kookmin Card Co., Ltd. (A2 stable). KB Kookmin Card’s existing long-term issuer ratings and stable outlook are unaffected by today’s rating action. The P-1 foreign- and local-currency short-term ratings are aligned with KB Kookmin Card’s A2 long-term issuer rating, in accordance with Moody’s approach for determining short-term ratings based on the standard mapping guidance described in the cross-sector rating methodology “Short-Term Ratings”.
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