Woori Bank - Company Profile
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Woori Bank (Woori), a subsidiary of Woori Financial Group Inc, is a provider of banking and other financial solutions. It offers retail, commercial, and investment banking; trade and securities services; and wealth management solutions. The bank provides a range of accounts and deposit services, debit and credit cards, loans and mortgages, treasury and trade services, and corporate lending. It also offers asset management, capital market, and securities services. It has a presence in the Americas, Europe, the Middle East, and the Asia-Pacific and serves individuals, high-net-worth clients, corporates, small businesses, and institutional and government clients. Woori is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
51 Sogong-ro (203 Hoehyeon-dong 1-ga), Jung-gu, Seoul City, 100-792
Website
www.wooribank.com
Telephone
82 2 20023000
Industry
Financial Services
Revenue (2022)
$11.1B
Products and Services
| Products | Services | Brands |
|---|---|---|
| Deposits: | Retirement Pension | Woori Bank |
| Salary Account | Asset Management | |
| Fixed Deposits | Inquiry: | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In November, the bank opened a new branch in Can Tho, Vietnam. |
| 2023 | New Products/Services | In November, the bank introduced its first air cargo payment service trough Woori Finance. |
| 2023 | New Products/Services | In November, the bank launched a customer consultation service based on AI. |
Competitor Comparison
| Key Parameters | Woori Bank | Hana Bank Co Ltd | Shinhan Bank | Busan Bank Co Ltd | Daegu Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul City | Seoul City | Seoul City | Busan | Daegu |
| State/Province | Seoul | Seoul | Seoul | - | Yeongnam |
| No. of Employees | - | 12,203 | - | - | - |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jo Byeong-gyu | Chief Executive Officer; President | Senior Management | - | - |
| Park Bong-Soon | General Manager - Pension Business Group | Senior Management | - | - |
| Park Jang Geun | Executive Vice President - Risk Management Group | Senior Management | - | - |
| Yunje Sung | Assistant Executive Vice President-Credit Support Group | Senior Management | - | - |
| Jade Iljin | Assistant Executive Vice President-Digital Strategy Group | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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