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S. Korea: Woori to launch center for pension fund management

S. Korea: Woori to launch center for pension fund management

Woori Bank will open a center for pension fund management Monday, to improve its customers’ return on assets, the bank said Friday. According to Woori, the center will be a comprehensive consulting center staffed by 30 advisors specializing in private banking. The bank’s division for pension funds will be in charge of its operation. In order […]

Seoul to complete privatization of Woori Financial by 2022

Seoul to complete privatization of Woori Financial by 2022

The government plans to sell its remaining stake in Woori Financial Holdings Co. by 2022, in a bid to recoup taxpayers’ money that was used to bail out the financial holding firm in the wake of the financial crisis in 1997, the financial regulator said Tuesday. In a statement, the Financial Services Commission (FSC) said […]

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