Woori Bank
Woori Bank headquarters  

Woori Bank

Woori Bank Co., Ltd is one of the largest banks in South Korea in terms of total assets. It was founded in 1899 and provides a wide range of commercial, retail and investment banking services to more than 21 million customers through about 1,000 domestic branches and over 200 overseas offices including 19 branches, 8 subsidiaries with 184 branches, and 2 representative offices. It has the largest global network of all Korean banks. In May 2009, Woori became the first Korean bank to issue UnionPay debit cards in China. In March 2010, it became the first foreign bank to issue Shanghai Tourism Cards in mainland China. In 2014, Woori sold two regional banks (Kwangju Bank and Kyongnam Bank) and six non-banks subsidiaries: Woori Investment & Securities, Woori Aviva Life Insurance, Woori FG Savings Bank, Woori Asset Management, Woori Financial and Woori F&I. In November 2014, Woori Finance Holdings Co. was absorbed into Woori Bank.

As of September 30, 2016, the company had total assets of KRW 312.8 trillion (US$284 billion), loans of KRW 261.2 trillion (US$237 billion), deposits of KRW 220.5 trillion (US$200 billion) and shareholders’ equity of KRW 20.5 trillion. The government had owned a 51% stake in Woori Bank through the Korea Deposit Insurance Corporation. In December 2016, Korea Deposit Insurance Corp. signed a deal with 7 institutional investors (IMM Private Equity, Mirae Asset Global Investments, Hanwha Life, Tongyang Life Insurance, Eugene Asset Management, Korea Investment & Securities and Kiwoom Securities) on the sale of Woori Bank, the attempt to privatize the state-owned bank. Woori’s market capitalization was US$7.3 billion as of January 16, 2017.

Head office address:
51, Sogong-ro (203, Hoehyeon-dong 1-ga)
Jung-gu, Seoul, 04632, Korea
Phone number: +82 2 2002 3000
Website: www.wooribank.com

Woori Bank overseas branches

Woori America Bank

Woori America Bank is wholly-owned subsidiary of Woori Bank, Korea. It was established in 1984 and provides a broad range of personal and commercial banking services including deposits, credit and debit cards, home mortgage and commercial mortgage loans, cash reserve loans, SBA loans, business lines of credit, international trade finance, online banking and other services. It has branches in New York, New Jersey, Pennsylvania, Maryland, Virginia, and California.

Manhattan Branch
330 5th Avenue
New York, NY 10001
United States
Hours: 8:30 am - 5:00 pm (Mon-Fri)
Phone: (212) 244-1500
Website: www.wooriamericabank.com

Woori bank L.A. Branch
3360, West Olympic Blvd. Suite 300
Los Angeles, CA 90019, USA
Phone: 1-323-902-2300

New York Agency
245 Park Avenue, 43rd Floor
New York, NY 10167, USA
Phone: 1-212-949-1900