Search results for Woori Financial Capital
Finance
Woori Financial posts 603.8 billion won Q1 net profit, down 2.1 percent
Woori Financial Group said on April 24 its first-quarter net profit fell 2.1 percent from a year earlier to 603.8 billion won, citing reduced securities and foreign-exchange related gains amid heightened market volatility linked to Middle East conflict and one-off provisions tied to overseas units. Net operating revenue rose 5.6 percent to 2.76 trillion won, supported by higher interest and non-interest income. Costs increased and asset-quality indicators weakened, while its CET1 ratio improved to a record 13.6 percent.
Finance
Finda says demand for car-backed loans rises as banks tighten lending
Fintech company Finda said demand for car-backed loans is expanding as bank lending becomes harder to access. As of December 2025, car-backed loan checks accounted for 26.23 percent of approved credit-limit inquiries on the Finda app, and January 2026 set a monthly record for such checks. Finda said contracted amounts and completed contracts have risen since October 2025. It also reported sharp growth in the number of partner products and financial institutions.
Finance
Woori Financial starts 200 billion won investment in first National Growth Fund in finance sector
Woori Financial Group said on Tuesday it will create a 200 billion won Woori National Growth Matching Fund to support the successful formation of the National Growth Fund, the first such move by a financial company. The National Growth Fund this year targets 7 trillion won in indirect investment funding, including 5.5 trillion won from private finance. Woori Financial plans to invest about 400 billion won in sub-funds this year.
