Woori Financial Group to sponsor multicultural teenagers to join program in Vietnam koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Woori Bank announced on Wednesday that it aims to increase the net profit from its overseas branches to account for 25 percent of its total profits by 2030. To achieve this goal, it plans to inject $500 million in three prominent Southeast Asian corporations that are showing growth potential, and extend its presence into new areas, including Poland and the Middle East.
Woori Financial Group announced, Thursday, that it obtained approval from the Science Based Targets initiative (SBTi) for the group s mid- and long-term carbon reduction targets. SBTi is a global body that partners with various international organizations, including the Carbon Disclosure Project (CDP), World Resources Institute (WRI), the World Wildlife Fund (WWF) and the United Nations Global Compact, to enable more than 6,000 businesses around the world to set carbon reduction targets.
Woori Financial Group has been tapped as a preferred bidder for a takeover of Daol Investment, Korea s oldest venture capital firm and one of its best. The deal is expected to present a win-win outcome, as it should bolster Woori s non-banking business portfolio, while Daol Financial Group can dispel market concerns over its cash flow.