Last $34.88 USD
Change Today 0.00 / 0.00%
Volume 0.0
WF On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

203 Hoehyon-dong

1 - ga, Chung-gu

Seoul, 100-792

South Korea

Phone: 82 2 2125 2000

Fax:

as of December 31, 2012. Its Woori Bank branches are concentrated in the Seoul metropolitan area, while its Kyongnam Bank and Kwangju Bank branches are located mostly in the southeastern and southwestern regions of Korea, respectively, providing extensive overall nationwide coverage. The company also actively promotes the use of alternative service delivery channels to provide convenient service to customers. The company’s automated telephone banking systems offer various services, including inter-account fund transfers, balance and transaction inquiries, and customer service enquiries. It operates three call centers, consisting of one call center operated by each of Woori Bank, Kyongnam Bank, and Kwangju Bank, which handle calls from customers, engage in telemarketing, and assist in its collection efforts. The company’s Internet banking services include balance and transaction inquiries, money transfers, loan applications, bill payment, and foreign exchange transactions. It also develops new products to target different types of customers with respect to its Internet banking services, and has developed a service that enables private banking customers to access their accounts on a Website that provides specialized investment advice. The company also offers online escrow services. In addition, the company provides mobile banking services to its customers, which is available to all its Internet-registered users. These services allow its customers to complete selected banking transactions through major Korean telecommunications networks using their cellular phones or other mobile devices. The company’s banking subsidiaries offers new smart banking services, which enable users of so-called smart phones to access a range of banking and credit card services through their mobile phones. The electronic bill presentation and payment system offered by Woori Bank and Kyongnam Bank provides their respective customers with the ability to pay taxes, maintenance fees and other public fees electronically. The company also offers its Win-CMS service to corporate customers of Woori Bank, which provides an integrated electronic cash management system and in-house banking platform for such customers. Credit Cards The company offers credit card products and services to consumers and corporate customers in Korea. Products and Services The company has various brands of credit cards outstanding, including a ‘Woori’ brand offered by Woori Bank; a ‘BC Card’ brand offered by Kyongnam Bank; a BC Card brand offered by Woori Bank; and a ‘Visa’ brand offered by Kwangju Bank. The company issues ‘Visa’ brand cards under a license agreement with Visa International Service Association and also issues ‘MasterCard’ and ‘JCB’ brand cards under a co-branding agreement with BC Card. The company offers various different services to holders of its credit cards. These services include credit purchase services, which allow cardholders to purchase merchandise or services on credit and repay such credit on a lump-sum or installment basis; cash advance services from ATMs and bank branches; and credit card loans, which are loans that cardholders could obtain based on streamlined application procedures. The company offers a range of credit card products within its various brands. Targeted products that it offers include cards that offer additional benefits, such as frequent flyer miles and award program points that could be redeemed for services, products, or cash; gold cards, platinum cards, and other preferential members’ cards that have higher credit limits and provide additional services; corporate and affinity cards that are issued to employees or members of particular companies or organizations; and revolving credit cards and cards that offer travel services and insurance. Payments and Charges Revenues from the company’s credit card operations consist principally of cash advance charges, merchant fees, interest income from credit card loans, interest on late and deferred payments, and annual membership fees paid by cardholders. Capital Markets Activities The company engages in capital markets activities for its own acco

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WF:US $34.88 USD 0.00

WF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for WF.
View Industry Companies
 

Industry Analysis

WF

Industry Average

Valuation WF Industry Range
Price/Earnings 75.0x
Price/Sales -- Not Meaningful
Price/Book 0.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WOORI FINANCE HOLDINGS-ADR, please visit www.woorifg.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.