Fitch to hold annual meeting with S. Korean policymakers

SEOUL, Sept. 26 (Yonhap) -- Global credit appraiser Fitch Ratings will send its officials to South Korea this week to have an annual meeting with the nation's key economic and financial policymakers, the finance ministry said Monday.
The delegation led by Andrew Colquhoun, head of its Asia-Pacific sovereign team, will start the talks on Tuesday for a three-day run, according to the Ministry of Strategy and Finance.
During the visit, the delegation will have talks with officials from the finance ministry, the Bank of Korea, the state-run think tank Korea Development Institute and other financial regulators.
The talks will focus on the possible impact of the latest global financial situations on South Korea, its household debts, liquidity in the banking sector, fiscal health and geopolitical risks related to the North, the ministry said.
Fitch currently retains the sovereign rating for South Korea at "A plus," its fifth-highest investment grade. It is still a notch lower than the "AA-minus" that the country held just before the 1997-98 financial meltdown.