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S&P keeps 'AA' rating on S. Korea with stable outlook

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The S&P Global logo is seen in this illustration taken on Jan. 29. Reuters-Yonhap

The S&P Global logo is seen in this illustration taken on Jan. 29. Reuters-Yonhap

Global credit appraiser S&P Global Ratings maintained Tuesday its credit rating on South Korea at "AA," with a stable outlook.

S&P has kept South Korea's long-term sovereign credit rating at the third-highest level on the company's table of "AA" since August 2016, when it upgraded the rating by one notch from "AA-."