Woori Financial Group’s Woori Financial Future Foundation held an opening ceremony on Thursday for the social contribution bank outlet Goodwill Branch Yeoju in Yeoju, Gyeonggi Province, together with the Miral Welfare Foundation.

The event was attended by key officials including Jang Kwang-ik, secretary general of the Woori Financial Future Foundation; Lee Jong-sung, chairman of the Korea Employment Agency for the Disabled; and Hong Jeong-gil, chairman of the Miral Welfare Foundation.

Goodwill Branch is a social contribution outlet using a shop-in-shop format that scales down a Woori Bank branch slated for closure and installs a Goodwill store in the remaining space. The coexistence of a bank and a donation store provides essential financial services to local residents while creating jobs for vulnerable groups and promoting donation culture.

Woori Financial introduced the shared growth model, which combines idle space with a Goodwill store, as the first in the financial industry in response to calls to strengthen financial access for underserved groups following the closure of regional branches. The Goodwill Branch Yeoju is the first of its kind in the financial sector and the first Goodwill store in the Yeoju area, and is expected to help ensure access for financially vulnerable groups and expand jobs for people with disabilities.

Jang said that given strong social demand for improved financial access, Woori Financial would actively put into practice the public interest role of finance through its differentiated branch model.

Lee said he expressed deep gratitude to Woori Financial Group for its sincere commitment to building an employment ecosystem for people with disabilities.