About Woori Bank
Woori Bank is a company based in Seoul (South Korea) founded in 1899.. Woori Bank has completed 1 acquisition, including Lotte Card. Woori Bank operates in a competitive market with competitors including Scotiabank, Bank of America, KB Kookmin Bank, Industrial Bank of Korea and UniCredit, among others.
- Headquarter Seoul, South Korea
- Stage Public
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Woori Bank
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$185.8 M (USD), Debt – Conventional
May 29, 2018
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Woori Bank
Woori Bank is a publicly listed company on the KRX with ticker symbol 316140 in South Korea, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Woori Bank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $185.8M
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First Round
First Round
(29 May 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2018 | Amount | Debt – Conventional - Woori Bank | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Woori Bank
Woori Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lotte Card. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Credit card issuance and management are handled in South Korea.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Woori Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Woori Bank Comparisons
Competitors of Woori Bank
Woori Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Bank of America, KB Kookmin Bank, Industrial Bank of Korea and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Multiple sectors are invested in via fund of funds approach.
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| domain | founded_year | HQ Location |
Industrial bank
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| domain | founded_year | HQ Location |
Commercial bank
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Woori Bank
Frequently Asked Questions about Woori Bank
When was Woori Bank founded?
Woori Bank was founded in 1899 and raised its 1st funding round 119 years after it was founded.
Where is Woori Bank located?
Woori Bank is headquartered in Seoul, South Korea.
What does Woori Bank do?
Woori Bank was established in 1899 in Seoul, South Korea, as a major commercial bank. Operations focus on retail and corporate banking within the financial sector. Deposits, loans, and investment products are offered to individual and business clients. International services are extended through branches and partnerships. The bank maintains a presence primarily in South Korea, with some global outreach via digital platforms.
Who are the top competitors of Woori Bank?
Woori Bank's top competitors include Scotiabank, KB Kookmin Bank and Bank of America.
Is Woori Bank publicly traded?
Yes, Woori Bank is publicly traded on KRX under the ticker symbol 316140.
How many acquisitions has Woori Bank made?
Woori Bank has made 1 acquisition, including Lotte Card.
What is Woori Bank's ticker symbol?
The ticker symbol of Woori Bank is 316140 on KRX.
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