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International Credit Rating

Thanks to the quality of our lending portfolio and our status as a government policy bank, our international credit rating continued to be the strongest among domestic banks. Through proactive communication, CDB increased its transparency in front of the international credit rating agencies.

Company Rating Result Outlook Effective
S&P A+ Stable 08-07-31
Moody's A1 Stable 07-7-26
Fitch A+ Stable 07-11-07
R&I A+ Stable 07-10-18

2007:

       Moody's: A1                        Rating outlook: Stable
       Standard & Poor's: A          Rating outlook: Positive
       Fitch Ratings: A+                Rating outlook:Positive

2005:

       Moody's: A2
       Standard & Poor's: A- 
       Fitch Ratings: A

2004:

       Moody's: A2
       Standard & Poor's: BBB+
       Fitch Ratings: A-

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