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Woori Financial Group Inc (Woori) is a financial service provider. It offers products such as accounts, loans, deposits, and credit cards. The company's services include banking, credit finance, asset management, investment banking, and insurance. It provides comprehensive financial solutions to individuals, businesses, and institutions. Woori serves customers across diverse industries, including retail, corporate, and institutional sectors. The company provides solutions through its affiliates and partners, enabling it to provide one-stop financial services to customers in both domestic and international markets. It has operational presence in Asia, Australia, Europe, North America and South America. Woori is headquartered in Seoul, South Korea.
Products and Services
| Products | Services |
|---|---|
| Accounts | Investment Banking |
| Loans | Capital Markets Activities |
| Deposits | Private Banking |
| 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 |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In November, the company acquired a 5% stake in BDACS Inc, a digital asset custody firm. |
| 2025 | Contracts/Agreements | In April, the company entered into an agreement with the College of Engineering to promote future innovation through the convergence of finance and technology. |
| 2024 | Contracts/Agreements | In August, the company signed an agreement to acquire ABL Life Insurance and Tongyang Life Insurance for US$1.16 billion. |
Competitor Comparison
| Key Parameters | Woori Financial Group Inc | Sumitomo Mitsui Financial Group Inc | Hana Financial Group Inc | KB Financial Group Inc | Shinhan Financial Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | Japan | South Korea | South Korea | South Korea |
| City | Seoul | Chiyoda-Ku | Seoul | Seoul | Seoul |
| State/Province | - | Tokyo | Seoul | - | - |
| No. of Employees | 78 | 123,000 | 101 | 25,320 | 21,689 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jong-Yong Yim | Chairman; Chief Executive Officer; President | Executive Board | - | - |
| Jeong-Soo Lee | President | Senior Management | - | - |
| Il-Jin Ouk | Vice President - Digital Innovation Unit | Senior Management | - | - |
| Jang-Keun Park | Vice President - Risk Management Unit | Senior Management | - | - |
| Kyu-Hwang Jeong | Vice President - Compliance Unit | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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