Valor20202021202220232024Total de pasivos342.84 B351.99 B356.17 B359.88 B331.43 BCapital total24.61 B24.23 B25.1 B25.87 B24.29 BTotal de pasivos y patrimonio neto367.44 B376.23 B381.27 B385.75 B355.72 BDeuda total—————Deuda neta—————
Woori Financial Group Inc American Depositary Shares (each repr
Woori Financial Group is a Seoul-based banking and financial services holdings company and is the largest bank in South Korea.
Woori has had a short history as a financial institution. It was formed in 2001 from the forced merger of 4 predecessor commercial banks and an investment bank. The banks were taken over and recapitalised by the government because they had fallen below the Basel I Accord mandated eight percent capital adequacy ratio. The South Korean Government, through the Korean Deposit Insurance Corporation, remains the primary investor as a result.
This came about as a part of the 1997 Asian financial crisis, which affected the operations of virtually all banks and financial firms in South Korea.