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The Korea Herald
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THE INVESTOR
March 28, 2024

Finance

Woori Bank gets approval for representative office in Poland

  • PUBLISHED :January 24, 2017 - 11:48
  • UPDATED :January 24, 2017 - 11:48
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[THE INVESTOR] Woori Bank announced on Jan. 24 that it has won approval from the Polish financial regulatory authority to open a representiative office in the eastern European country.

Woori Bank said it will set up its representative office in the southwestern city of Katowice later this month as part of its efforts to establish a bridgehead in Europe.

The representative office is located near an industrial complex, which is home to assembly lines of Samsung Electronics, Hyundai Motor and its smaller sister company Kia Motors.

Woori Bank also said it plans to set up its unit in Germany around July to meet the financial needs of South Korean clients and local companies doing business in Germany.

(theinvestor@heraldcorp.com)

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