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Finance
Woori Financial supplies 25.3 trillion won in productive finance, hits 116 percent of annual target
Woori Financial Group said it supplied 25.3 trillion won in productive finance through August, reaching 116.3 percent of its annual target. It plans to expand funding and investment focused on regional areas and small and mid-sized enterprises. The group reviewed progress at a Sept. 16 meeting chaired by Chairman Yim Jong-yong. It also reported 2.2 trillion won in inclusive finance through August and plans to expand debt write-offs and apply AI transformation to operations.
Finance
Woori Financial steps up push to become full-service financial group
Woori Financial Group has refined its second-half execution strategy to accelerate its move toward a full-service financial group. It plans to expand its customer base and boost cross-selling among affiliates, while restoring bank profitability, strengthening non-bank competitiveness and widening its AI transition. The group also discussed tighter profitability and soundness management, talent development and stronger AI-based security and consumer protection. It raised its Future Shared Growth Project target to 90 trillion won.
Finance
Woori Financial Group to expand productive and inclusive finance by 10 trillion won
Woori Financial Group will increase its support for productive and inclusive finance by 10 trillion won, expanding funding for advanced strategic industries, exporters and other parts of the real economy. It will also strengthen support for vulnerable groups by writing off long-overdue debts and supplying mid-interest loans. The group plans to raise the target of its Future Shared Growth Project to 90 trillion won and provide 3.5 trillion won in inclusive finance within the year.
