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.
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