Woori Financial

Woori Financial Group is a South Korean bank and financial services company. It is the largest bank is South Korea.

It was formed through the merger of four commercial banks and one investment bank in 2001: Commercial Bank of Korea, Hanil Bank, and Peace Bank of Korea were three of these entities. The government have taken and recapitalized the said institutions after they all fell below the capital adequacy ratio following the Asian Financial Crisis.

Korean banks' plan to boost shareholder returns won't affect profits

The regulator is expected to stop any excessive payments.

Korean banks' plan to boost shareholder returns won't affect profits

The regulator is expected to stop any excessive payments.

South Korean banks’ NIMs to support stable profitability in H2

The four biggest banks’ NIMs climbed to levels higher than pre-COVID.

Asset quality of South Korea’s big banks to remain supported as interest rate rise

But bad loans are expected to rise moderately.

Woori Bank probed for alleged irregular foreign currency transactions: report

Sources said that the deals, worth billions of won, were executed over the past year.