Woori Finance in partnership with Spain’s BBVA

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Woori Finance in partnership with Spain’s BBVA

Woori Finance said yesterday that it has signed a preliminary deal to forge a strategic partnership with BBVA, Spain’s No. 2 lender.

Under the deal, the two institutions would be able to expand their customer bases and business lines with each other. It would also help Woori introduce financial products from non-Asian markets to the local market.

Woori Finance said the accord will pave the way for the group to expand its presence in global markets by tapping BBVA’s vast networks in the South America.


Yonhap

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