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.
South Korea’s KDIC sells stake at Woori Financial for $765m
The 67.9 million shares were sold to five investors, including Eugene PE.
South Korea’s KDIC sells stake at Woori Financial for $765m
The 67.9 million shares were sold to five investors, including Eugene PE.
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Insurance Asia Forum 2024 convenes in Jakarta to shape the future of insurance
The event gathers insurance professionals from across Asia, exploring the evolving realms of risk management, technology, regulations, and customer engagement.
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