Fitch Affirms KEB Hana Bank at 'A-'/Stable; Upgrades VR to 'a-'

(The following statement was released by the rating agency)

SEOUL, May 19 (Fitch) Fitch Ratings has affirmed South

Korea-based KEB Hana

Bank's (KEB Hana) Long-Term Issuer-Default Rating (IDR) at 'A-'.

The Outlook is

Stable. Fitch has simultaneously upgraded the bank's Viability

Rating (VR) to

'a-' from 'bbb+'. A full list of rating actions is at the end of

this rating

action commentary.

KEB Hana's VR upgrade mainly reflects the merged bank's ongoing

integration,

which has so far evidenced n

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