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Moody’s ups Mirae Asset Securities’ rating from negative to stable
Moody’s ups Mirae Asset Securities’ rating from negative to stable
MarketsMay 11, 2021
Global ratings firm Moody’s raised its rating outlook for South Korean securities firm Mirae Asset Securities from negative to stable, forecasting that regulatory measures by the financial authorities will likely curb the growth of the company’s risky assets. “The change from negative to stable takes into account Moody’s expectation of slower risk asset growth as a result of various prudential regulatory measures implemented by the Korean Financial Supervisory Service