Woori Bank has had a financial incident worth 4.0 billion won.
Woori Bank disclosed on June 16 that a financial incident occurred due to falsified documents submitted by an outsider.
The incident occurred from Aug. 19 to 30, 2024. It was discovered after the bank received a request to submit materials from investigative authorities.
The amount involved is 4.01 billion won, but the bank said the loss amount has not been confirmed as the matter is under investigation.
A Woori Bank official said it was an incident linked to a discounted pre-sale scam. "We suffered losses after two versions of a contract were created," the official said. "As there is collateral in the form of commercial property, it may be possible to recover some of the money through an auction and other enforcement measures."
Ji-young Lee
ljy@d-today.co.kr