View source for Company:Woori Financial Group

{{short description|South Korean company}}{{Infobox company
| name = Woori Financial Group Inc.
| logo = Woori Financial Group logo.png
| logo_size = 
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| image = Woori-Bank-headquarter.jpg
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| trade_name = 
| native_name = 주식회사 우리금융지주
| native_name_lang = ko
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| type = [[Finance:Public company|Public]]
| traded_as = {{kse|053000}}<br />{{nyse|WF}} 
| ISIN = <!-- {{ISIN|sl=n|pl=y|...}} -->
| industry = [[Finance:Financial services|Financial services]]
| genre = 
| predecessor = <!-- or: | predecessors = -->
| founded = {{Start date and age|2019|01|11}}
| founder = <!-- or: | founders = -->
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
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| hq_location = 
| hq_location_city = [[Place:Seoul|Seoul]]
| hq_location_country = {{wipe|South Korea}}
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| parent = 
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| subsid = [[Company:Woori Bank|Woori Bank]]
| module = <!-- Used to embed other templates -->
| ratio = <!-- Basel III ratio; used for banks only -->
| rating = <!-- Credit rating; used for banks only -->
| website = {{URL|https://www.woorifg.com/eng/main/index.do|woorifg.com}}
| footnotes = 
}}

'''Woori Financial Group''' ({{Korean|hangul=우리금융지주}}) is a [[Place:Seoul|Seoul]]-based banking and financial services holdings company and is the largest bank in {{wipe|South Korea}}.
Woori has had a short history as a financial institution. It was formed in 2001 from the forced merger of 4 predecessor [[Finance:Commercial bank|commercial bank]]s and an investment bank (Hanvit, Peace, Kwangju and Kyongnam Banks and Hanaro Investment Banking and their subsidiaries). The banks were taken over and recapitalised by the government because they had fallen below the [[Finance:Basel I|Basel I]] Accord mandated eight percent capital adequacy ratio. The {{wipe|South Korea}}, through the Korean Deposit Insurance Corporation, remains the primary investor as a result.<ref>{{cite news |last=Lee |first=Eun-joo |date=June 26, 2013 |title=Divide-and-sell strategy for Woori |url=https://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2973711 |work=Korea Joongang Daily |location= |access-date=}}</ref>

This came about as a part of the [[Finance:1997 Asian financial crisis|1997 Asian financial crisis]], which affected the operations of virtually all banks and financial firms in South Korea.

==Business==
*[[Company:Woori Bank|Woori Bank]]

==See also==
*List of South Korean companies
*[[Company:Woori Bank|Woori Bank]]

==References==
{{reflist}}

==External links==
{{Finance links
|name= Woori Financial
|google= 316140:KRX
|yahoo= 316140.KS
|bloomberg= 316140:KS
|reuters= 316140.KS
}}


[[Category:Companies listed on the New York Stock Exchange]]


{{Sourceattribution|Woori Financial Group}}