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Fitch Ratings was founded in 1913. In 1997, it became Fitch IBCA following the merger of the U.S.-based Fitch Investors Service and the U.K.-based IBCA.
The company expanded further in 2000 through mergers with DCR (Duff & Phelps Credit Rating Co.) in June and TBW (Thomson Financial BankWatch) in December, and subsequently rebranded as Fitch Ratings.
Today, Fitch Ratings provides credit ratings for approximately 5,400 entities across all major industries, including financial institutions.
As one of the “Big Three” global credit rating agencies, Fitch Ratings plays a vital role in global capital markets.

Korea Ratings is a specialized credit rating agency established in 1983. The company provides credit rating services for corporations and financial institutions that issue commercial paper (CP), corporate bonds, and asset-backed securities (ABS).
Drawing on extensive project experience and deep expertise, Korea Ratings has earned a strong reputation as a trusted and credible credit rating agency.