2021
12
Woori Financial Group, achieved full privatization after 23 years.
11
Approval of Woori Financial Group’s Internal Rating requlation
10
Joining in the Science Based Targets initiative (SBTi)
09
Korea Deposit Insurance Corporation, Announcement of sale of the remaining stake in Woori Financial Group
Woori Bank, receiving the award of ‘Ministry of Science, Technology and Information and Communication’ in Woori Won Enterprise ICT KOREA 2021
Woori Bank, receiving the award of the Minister of Land, Infrastructure and Transport Award for Excellent Company in Building Sector Greenhouse Gas and Energy Target Management for 2021
Integration of Woori Financial Capital, Woori Asset Trust, and Woori Financial Savings Bank and move to “Woori Financial Gangnam Tower”
08
Woori Financial Capital Co., Ltd. becoming a wholly owned subsidiary
Woori Bank, joining in ‘Equator Principles’
07
Woori Bank, introduction of ‘SOAR (Automated Cyber Security Response System)’ for the first time in the banking sector
Woori Bank, upgrade of international credit rating agency Fitch's credit rating
Woori Card, acquisition of ISO45001 (Safety and Health Management System) from Korea Standards Association
06
Concluding a stock exchange contract to acquire the remaining shares of Woori Financial Capital Co., Ltd.
Woori Bank, upgrade of S&P credit rating, an international credit rating agency
05
Capital increase of Woori Financial Savings Bank (100 billion won)
Acquisition of treasury stock (3.6%) owned by Woori Financial Capital Co., Ltd.
Signing a business agreement between Woori Bank and Korea Credit Guarantee Fund for ‘Korean version of New Deal and ESG-managed companies financial support'
Woori Bank, issuance of KRW 300 billion of ESG bonds
04
Sale of 2% stake in Korea Deposit Insurance Corporation
Additional equity purchase of Woori Financial Capital Co., Ltd. (12.9%)
Woori Bank, signing the business agreement with Naver for digital innovation business
03
Establishment of ESG Management Committee within the Board of Directors
Woori Financial Savings Bank, incorporated as a subsidiary of Woori Financial Group
Woori Card, acquiring ISO14001 (Environmental Management System) from Korea Standards Association
01
Joinig in CDP (Carbon Disclosure Project), declaration of support for TCFD (Climate Change Financial Information Disclosure), and enactment of Woori Financial Group’s ESG management principles
Woori Bank, Implementation of VG (Value Group) System, a Customer-Centered Innovation Sales Channel
Woori Bank, receiving the award of Grand Prix in Digital Advertising & Campaign category at ‘2020 & Awards’ hosted by Korea Digital Enterprise Association
2020
12
Woori Financial Capital, incorporated as an affiliate of Woori Financial Savings Bank
Woori Asset Trust, acquiring preliminary approval for lease AMC from the Ministry of Land, Infrastructure and Transport
Woori Card, receiving the Minister's Award at the 'Korea Brand Grand Prize' hosted by the Ministry of Trade, Industry and Energy
Woori Bank, selected as 'World's Best Bank' by The Banker
11
Woori Financial Group, Completion of capital increase (KRW 100 billion)
10
Woori Card, Success in Issuing $100 Million Formosa Bond for the First Time in a Credit Finance Company in Korea
Woori Asset Management, becoming the industry's largest bond-type ESG fund (worth 400 billion won)
09
Early introduction of Basel III credit risk sector
08
Woori Bank, issuance of KRW 300 billion of ESG bonds
07
Woori Bank, Selected as 'Best Open Banking/API Initiative' in Asia's Best Institution by The Asian Banker
06
Launching Dino Lab (Digital Innovation Lap), an integrated group startup nurturing program
05
Declaration of the group’s digital vision and launch the Digital Innovation Committee
03
Woori Bank, opening all branches of the electronic document system for the first time in the financial sector
Establishment of the first internal control committee (Internal Control Management Committee) under the board of directors for the first time in a financial group
02
Woori Bank WB Finance, merge of Woori Finance Cambodia
01
Woori Bank, establishment of the first AI-based sanctions regulation review system for commercial banks
2019
12
Woori Global Asset Management, incorporated into Woori Asset Trust Group’s subsidiary
11
Implementation of Woori Bank’s customer-centered performance evaluation system (KPI)
10
Announcement of opening of Woori Bank Senior Plus website
09
Woori Card, incorporated as a subsidiary of Woori General Financial
08
Woori Bank, implementation of the ‘Know Your Customer (KYC)’ system, an anti-money laundering internal control system for the first time in a domestic bank
Woori Bank, opening ‘Woori WON’ banking
Incorporated as a subsidiary of Woori Asset Management Group
07
Woori Financial Group, issuance of 500 billion won in new capital securities
06
Issuance of 300 billion won in capital securities (subordinated bonds) for the first time after Woori Financial Group was established
Woori Card, installment finance asset securitization (ABS) issuance of KRW 300 billion
05
Woori Bank, issuance of $450 million in ‘Formosa Sustainable Bonds’ for the first time in Korea
04
Woori Financial Group, acquiring a credit rating from Korea's top 3 credit rating agencies (rating AAA)
03
Woori Bank, operating Small Business Startup Support Center
02
Woori Financial Group, listed on the Korea Exchange and the New York Stock Exchange
Woori Bank, success in issuing KRW 200 billion of ‘sustainable bonds’
01
Inauguration of the Woori Finance Group
120th anniversary of Woori Bank
Establishment of a new Woori Bank overseas branch system (WGSS)
2018
12
Reached 300 Global Networks
11
Acquired the certificate of incorporation of financial holding company
Selected as Best Bank in South Korea 2018 by The Banker
10
Acquired approval for European subsidiary
Putting forth the best current net income accumulated for three quarters
06
Took over VisionFund Cambodia and changed name to WB Finance
05
Opened the Ta Khon II Woori Finance Branch in Myanmar
Built and activated a next generation computer system, WINI (Woori Innovative New Infra)
03
Introduced Big Eye, a management consulting system utilizing big data (first in Korea)
Signed a strategic alliance contract with Aberdeen Standard Investments in UK
02
Launched WiBee Homes, a real estate information platform
01
Selected as secretary trustee bank of the Housing and Urban Fund of the Ministry of Land, Infrastructure and Transport
Opened Incheon International Airport 2nd Terminal branch
2017
12
Son Tae Seung appointed 51th chairman of Woori Bank
11
Selected as Best Bank in South Korea 2017 by The Banker
10
Selected as major bank of the National Pension Service
06
Selected as Best Transaction Bank and awarded as Best Fund Management Bank by The Asian Banker
02
Opened first Woori bank Office in Katowice, Poland
01
Selected as Best Wealth Management Provider 2016 by World Finance of the UK (first in Korea)
Awarded in Korea as Best Wealth Management Provider
2016
12
Selected as Best Bank in South Korea 2016 by The Banker
11
Privatized in 16 years
10
Acquired preliminary approval in Vietnam
09
First in Korea to issue $500 million Foreign Currency Hybrid Bond (CoCo bond)
06
First in Korea to launch Offshore Foreign Currency Liquidation Service
05
Opened Iran office in Teheran (first among Korean financial institutions)
02
WiBee Bank introduced in Indonesia, Vietnam, and Brazil
2015
11
Opened Woori Finance Myanmar, Global Network no. 200 (first in Korea)
09
Launched “WiBee Bank Cambodia” for first overseas expansion
05
Launched the first mobile-only bank in Korea, WiBee Bank
04
Awarded Best Cash Management Bank and Sub-Custodian Bank of the Year in South Korea by The Asian Banker
02
Officially launched PT. Bank Woori Saudara Indonesia
2014
12
Acquired final approval to merge PT. Bank Woori Indonesia with Saudara Bank
11
Woori Finance Holdings Co., Ltd. merged with Woori Bank (listing resumed November 19)
06
The Woori Bank establishment documents, “Establishment & Accounting for Daehan Cheon Il Bank”, designated as National Archives of Korea No. 11
05
Awarded as “Korea’s Top Bank in Money Management” by The Asian Banker
04
Became the first domestic bank to issue Basel III subordinated debt in foreign currency (USD 1 billion)
01
Acquired final approval to take over Indonesia Saudara Bank
2013
12
Awarded Grand Prize of Inclusive Finance by the Financial Supervisory Service
2012
11
Awarded first Grand Prize of Financial Consumer Protection by the chairman of the Financial Services Commission
09
Established local business corporation of Woori Bank in Brazil
08
Established local branch in Brazil
04
Awarded as Best Bank in Korea by The Asian Banker for two consecutive years
2011
11
Selected as “Best Bank in Korea 2011” by The Banker for two consecutive years
04
Awarded as Best Bank in Korea for Foreign Currency Department by The Asian Banker
2010
11
Woori Bank IT Department acquired "ISO 27001 Certification" in all departments
03
China Woori Bank qualified for "international settlement of yuan" as the first Korean bank
2009
01
Woori Bank establishment documents, “Establishment & Accounting for Daehan Cheon Il Bank”, designated as Seoul Tangible Cultural Property No. 279
2008
11
Selected as “Best Bank in Korea” by The Banker for two consecutive years
01
First among Korean financial institutions to establish local business corporation in Russia
2007
11
Established local business corporation, Woori Bank (China) Limited
01
Awarded 2006 Deal of the Year by The Asset
2006
12
Established Hong Kong Woori Investment Bank
2005
11
Opened Woori Finance Plaza, the first comprehensive finance center in Korea
2004
12
First to open Kaesong Industrial Complex Branch after the division of Korea
07
Opened Bank History Museum, the first museum in Korea to specialize in bank history
2003
08
Acquired the FRB approval for taking over Panasia Bank in the US
06
Opened office in Moscow
2002
12
Opened Ho Chi Minh branch in Vietnam
05
Changed name to Woori Bank and CI (corporate identity)
2001
12
Division-merger with Peace Bank of Korea
04
Inaugurated Woori Finance Group
1999
12
Finished building Hoehyun-dong main office and relocation
01
Merger of Commercial Bank of Korea and Hanil Bank; inauguration of Hanbit Bank
1982
02
First in Korea to install online ATM (Hanil Bank)
1977
09
First in Korea to start online business between Seoul and Busan (Commercial Bank of Korea)
1968
11
First in Korea to open Tokyo Branch (Hanil Bank)
1959
06
Opened vault for ladies (Commercial Bank of Korea)
1956
03
First public offering on stock exchange
1937
08
Established Jungang Mujin Company (originally Hanil Bank)
1932
12
Established Chosun Trust Company (originally Hanil Bank)
1909
07
Built Gwangtonggwan, the first modern bank building among national banks (currently Woori Bank's Jongno Branch)
1899
01
Established Daehancheonil Bank (originally Commercial Bank of Korea)