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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 Aviva Life Insurance, Woori Asset Management, Woori Financial, Woori Private Equity, Woori F&I, and Woori Finance Information System.
Approximately 23,000 highly-skilled employees provide differentiated and custom-tailored financial services through 1,300 domestic and overseas networks. More than 17 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.
As of the end of December, 2008, the group¡¯s total assets and shareholders¡¯ equity stood at W325 trillion and W14.3 trillion, respectively, which represents the largest scale in Korea. We also ranked 65th as of the end of 2007 in the world¡¯s top 1,000 banks list that was released by ¡®The Banker¡¯, a U.K.-based banking magazine.
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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. |