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Industry Center - Foreign Regional Banks
Industry Center > Foreign Regional Banks > Woori Finance Holdings Co., Ltd. Company Profile
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Woori Finance Holdings Co., Ltd. Company Profile
Woori Finance Holdings (aka Woori Financial Group) was formed in 2001 when the South Korean government consolidated its interests in Hanvit Bank (now Woori Bank), Kyongnam Bank, Kwangju Bank, Peace Bank, and Hanaro Merchant Bank. Together, the group has more than 1,100 domestic and some 15 international locations. Most of these are Woori Bank branches; Woori Bank is the third-largest commercial bank in the nation by assets. It also owns regional banks Kyongnam Bank and Kwangju Bank. In addition to deposit and lending offerings, the company provides securities brokerage, asset management, wealth management, and insurance services. The South Korean government owns approximately 75% of Woori Financial Group.
Headlines for Woori Finance Holdings Co., Ltd.
[external] Financials are winners as Asia recoups
at MarketWatch - Mon 4:54 am ET
[external] ADR Report-Foreign shares slide on Dubai debt fears
at Reuters - Fri Nov 27
[$$] Korea Deposit Insurance Sells 7% of Woori Finance for $751.4 Million
at The Wall Street Journal Online - Tue Nov 24
[external] UPDATE - KEB shares hit 17-mth peak on Hana Fin interest
at Reuters - Sun Nov 22
More Headlines...
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Contact Information
Address: 20F 203 Hoehyeon-dong 1-ga, Jung-gu
Seoul 100-792, South Korea
Phone:+82-2-2125-2000
Fax:+82-2-2125-2291
Financial Highlights
Fiscal Year End:December
Revenue (2008):5101.70 M
Revenue Growth (1 yr):27645.10%
Employees (2008):25,191
Employee Growth (1 yr):4.30%
Key People
Chairman and CEO: Pal-Seung Lee
Senior Managing Director Synergy Promotion and IT Planning: Kyung-Dong Kim
Managing Director, Public Relations: Jong-Oun Kim
Industry Information
Sector: Financial
Industry: Foreign Regional Banks
Top Competitors
KB Financial Group, Inc. (kb)
Korea Exchange Bank
Shinhan Financial Group Co., Ltd. (shg)
 


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