Live Breaking News & Updates on Seoul Courtesy Of Woori Bank

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Major Korean banks seek to expand overseas operations

Korea s major commercial banks are set to actively strengthen their overseas businesses next year, aiming to significantly raise their profit shares from international markets, according to industry officials, Friday. ....

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Woori hit for repeated employee embezzlement amid internal control failure concerns

Woori hit for repeated employee embezzlement amid internal control failure concerns
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Banks woo younger generation with pop-up stores and digital wallet

Banks are striving to appeal to younger customers by reshaping their image to appear more youthful and dynamic, launching pop-up stores and user-friendly mobile payment systems. The efforts come as they have to compete with fast-growing internet-only banks. ....

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