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Finance
Woori Financial supplies 34.7 trillion won in productive, inclusive finance over a year, expands SME and regional share
Woori Financial Group supplied 34.7 trillion won in productive and inclusive finance over a year under its Future Shared Growth Project launched in September last year. It expanded funding to small and medium-sized firms and regional businesses, while increasing support for vulnerable groups through measures such as long-overdue debt write-offs. The group said it reviewed performance and next year’s plans at a financial council meeting chaired by Chairman Lim Jong-ryong.
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 steps up support for youth, middle-to-low credit borrowers with inclusive finance platform launch
Woori Financial Group is expanding financial support for young people and middle-to-low credit borrowers by increasing the supply of policy loans and rolling out new products. It reviewed inclusive finance results and future tasks at a May meeting in Seoul. Woori Bank supplied 218.6 billion won in Saehopeum Holssi loans in the first quarter and provided interest relief and waivers. The group plans to launch a loan-switching product and an inclusive finance platform, while widening regional microfinance support.
