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Published on 11/3/2011 in the Prospect News Emerging Markets Daily.

Fitch affirms Small Business

Fitch Ratings said it affirmed Small Business Corp.'s long-term foreign currency rating at A+, long-term local currency rating at AA and short-term rating at F1.

The outlook on the long-term ratings is stable. Fitch said it also affirmed the company's senior unsecured bond of $400 million at A+.

The company's ratings are linked to those of the Republic of Korea, which reflects its quasi-sovereign status and high probability of government support, the agency said.


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