Woori Bank said on April 5 it signed an agreement with Doosan Group at its headquarters in central Seoul on April 3 to provide financial support for building and growing the national future strategic industry ecosystem. The two sides plan to cooperate in productive finance areas including facility investment, export and import finance, overseas investment and shared-growth financing for partner companies. They also agreed to strengthen strategic cooperation in energy, smart machines, semiconductors and advanced materials.

Woori Financial Group Chairman Lim Jong-ryong (임종룡) began his second term on March 23 after being reappointed as CEO at a regular shareholders meeting. He skipped a separate inauguration ceremony and made his first official stop a visit to an advanced strategic company site, signalling an intent to expand productive finance. Lim visited space AI solution startup TelePIX, reviewed its technology development and strategy, and said the group would pursue tailored financial support as it prepares for an IPO.