Woori Financial Group was established as Korea's first financial holding company in April 2001 to keep pace with the global trends and evolve as a global player with world-class competitiveness.
Since its launch, the Group has achieved remarkable growth in the banking business thanks to the consolidated performance of banking subsidiaries, and continued to expand its
non-banking businesses through mergers and acquisitions and jlint investments. As a result, the Group became the Korea's representative financial group.
The Group consist of eminent eight subsidiaries, include Woori Bank, the nation’s second largest commercial bank, two regional banks (Kwangju Bank and Kyongnam Bank), Woori Investment & Securities, one of leading security firms, Woori Card, Woori Aviva Life Insurance, Woori FG Savings Bank, Woori Investment Bank, Woori F&I, Woori Asset Management, Woori Finance Information System, Woori Private Equity, and Woori Finance Research Institute.
Approximately 28,000 highly-skilled employees provide differentiated and custom-tailored financial services through 1,500 domestic and overseas networks. More than 23 million corporate and retail customers are enjoying our comprehensive financial services in the fields of commercial banking, credit card, capital market, investment banking, asset management, security brokerage, lease and bancassurance. Our total assets and shareholders’ equity stood at W411 trillion and W18.7 trillion, respectively, which represents the largest scale in Korea.
Woori Financial Group is now taking on new challenges toward a world-class financial group beyond the leading financial group in Korea.
To this end, we are strengthening our non-banking businesses including consumer financing and insurance to develop new profit models on the basis of bolstering core competencies as well as creating group synergy.
In addition, The Group is committed to achieving success as a “Great Company” that fulfills its social responsibilities through playing a proactive role in ethical management and social contribution.
The Group is also extending its businesses into overseas markets including China, Russia and Vietnam to secure global competitiveness as a global player.
Through these efforts, we will steadily establish the foundation to emerge as a world-class leading financial group.