woori bank

Retail Asia28/02/2019

Woori Bank launched a money-transfer service linked with Chinese banks to allow its customers to readily and easily send money to people holding Chinese bank accounts. On Monday, the bank said the service will be carried out in real time. The partnered entities include the Industrial and Commercial Bank of China, the Bank of China, […]

Retail Asia26/06/2018

The board of Woori Bank approved a plan to convert the bank into a holding company, pushing up its shares on Wednesday. An announcement released late Tuesday said the country’s fourth largest bank would overhaul its structure to become an integrated financial service company with diverse non-banking affiliates. The holding company will have six affiliates: […]

Retail Asia24/06/2016

South Korea’s Woori Bank expects to establish a Vietnam unit this month or in July, a bank official said on Tuesday, as part of the lender’s plans to expand its network in the expanding market of Southeast Asia. Woori Bank, South Korea’s largest bank in terms of consolidated assets as of the end of March, […]

Retail Asia25/05/2016

South Korea’s commercial bank Woori Bank will join hands with local insurance companies to provide insurance service and products from its global outlets starting with its local unit in Indonesia. According to bank sources, the bank will be able to sell insurance products of Hanwha Life Insurance Co. through its Indonesian unit Bank Woori Saudara […]

Retail Asia07/01/2016

THE GAISANO family has taken in Woori Bank of South Korea as a strategic partner in thrift bank subsidiary Wealth Development Bank Corp. to brace for stiffer competition in the banking system. Cebu-based Vicsal Development Corp. (Vicsal), the parent firm of Wealth Development, announced an “investment agreement” with Woori Bank, creating a “strategic alliance” between […]

Tag: woori bank

Korea’s Woori Bank partners with Chinese banks on remittance

Woori Bank Korea changes its structure

South Korea’s Woori Bank to form Vietnam unit by July

Woori Bank to offer insurance products in Indonesia, Vietnam

Gaisanos,Korea’s Woori Bank team up on banking