Woori Bank obtains German branch license for expansion
Published: 16 Oct. 2018, 20:18
The unit will act as a base for entry into other European countries, such as France and Luxemburg, the company said.
Woori’s overseas expansion efforts have so far been focused on Asian countries, such as Cambodia, Vietnam and Indonesia.
The branch will primarily be engaged in corporate finance and investment activities. Woori will staff the office with experienced bankers from Korea and Europe, according to a statement by the bank.
BY PARK EUN-JEE [[email protected]]
with the Korea JoongAng Daily
To write comments, please log in to one of the accounts.
Standards Board Policy (0/250자)