S&P removes 7 local banks from watch list

SEOUL, Oct. 31 (Yonhap) -- Global credit appraiser Standard & Poor's Ratings Service said Friday that it has removed seven major South Korean banks from its watch list for credit review on recently improved liquidity conditions.

Those banks are Kookmin Bank, Woori Bank, Shinhan Bank, Hana Bank, the Korea
Exchange Bank, Woori Finance Holdings Co. and Shinhan Card Co., S&P said in an
e-mailed statement.