Korea Ratings Co., Ltd., together with its subsidiaries, provides credit rating and business valuation services in South Korea. The company offers credit evaluation of commercial papers, corporate bonds, financial bonds and ABS, business feasibility review, business valuation, as well as SOC and financial consulting; and information services. It also provides withersful services, electronic procurement system, and payment-type e-marketplace services for business. The company was formerly known as Korea Management Consulting Credit Rating Corporation and changed its name to Korea Ratings Co., Ltd. in January 2003. The company was founded in 1983 and is headquartered in Seoul, South Korea. Korea Ratings Co., Ltd. operates as a subsidiary of Fitch Ratings, Ltd.