Woori Financial Group Company Description

Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

The company operates through Banking, Credit Card, Capital, Investment Securities, and Others segments.

It offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans.

The company also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions.

In addition, it provides credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds.

Further, the company is involved in the real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, asset securitization, investment and international banking, money transfer, and other service.

Additionally, the company offers automated telephone, Internet, and mobile banking services; and trust management, trustee, and custodian service.Woori Financial Group Inc. through its subsidiary Tong Yang Life Insurance Co., Ltd. offers life insurance; accident compensation insurance and child insurance services; and retirement pension services and asset management services.

Woori Financial Group Inc. was founded in 1899 and is headquartered in Seoul, South Korea.