Woori Finance Holdings Co., Ltd. (NYSE: WF [ADR])

203 Hoehyeon-dong 1-ga, Chung-gu
Seoul, 100-792, South Korea
Phone: +82-2-2125-2000
Fax: +82-2-2125-2293
Primary US Office:
Subscribers Only
http://www.woorifg.com

Overview

Woori Finance Holdings (aka Woori Financial Group) was formed in 2001 when the South Korean government consolidated its interests in Hanvit Bank (now Woori Bank), Kyongnam Bank, Kwangju Bank, Peace Bank, and Hanaro Merchant Bank. Together, the group has more than 1,100 domestic and some 15 international locations. Most of these are Woori Bank branches; Woori Bank is the third-largest commercial bank in the nation by assets. It also owns regional banks Kyongnam Bank and Kwangju Bank. In addition to deposit and lending offerings, the company provides securities brokerage, asset management, wealth management, and insurance services. The South Korean government owns about 56% of Woori Financial Group.

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Key Numbers from Hoover's UK

Key financials for Woori Finance Holdings Co., Ltd. (NYSE: WF [ADR])

Company Type Public (NYSE: WF [ADR])
Fiscal Year-End December
2010 Sales (mil.) £9,605.7
1-Year Sales Growth 3.6%
2010 Net Income (mil.) £730.7
1-Year Net Income Growth 16.2%
2010 Employees 25,738
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Key People from Hoover's UK

Key people and executives for Woori Finance Holdings Co., Ltd. (NYSE: WF [ADR])

Chairman and CEO Pal-Seung Lee
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Senior Managing Director Synergy Promotion and IT Planning Kyung-Dong Kim
Managing Director, Public Relations Jong-Oun Kim
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Top Competitors from Hoover's UK

Top competitors of Woori Finance Holdings Co., Ltd. (NYSE: WF [ADR])

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Industry Information from Hoover's UK

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