우리은행
Woori Bank (우리은행) is a South Korean universal commercial bank founded in 1899, serving individual retail and corporate customers with deposits, loans, funds, insurance, FX, cards, and digital banking through mobile apps and branch network, as the flagship subsidiary of Woori Financial Group.
- Company typePublic
- Founded1899
- Headquarters서울시, South Korea
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What 우리은행 does
Woori Bank (우리은행) is a South Korean universal commercial bank founded in 1899 as Korea's first national bank, operating as the flagship banking subsidiary of the publicly listed Woori Financial Group (우리금융지주) on the Korea Exchange. The bank serves two primary customer segments via a horizontal segmentation strategy: individual retail customers (deposits, savings, personal loans, mortgage and automotive loans, funds, insurance, foreign exchange, retirement pensions, ISA accounts, and credit cards) and corporate/business customers (corporate banking, corporate loans, foreign exchange, electronic payment, cash management, and corporate services). It monetizes through four disclosed revenue streams: net interest income on loan products net of deposit interest, fee and commission income across funds, insurance, trust, FX, wire transfers, card transactions, and retirement pension management, foreign exchange services, and credit card operations through its Woori Card (우리카드) brand.
The bank operates a multi-channel digital platform built on proprietary technology including a personal internet banking portal (spib.wooribank.com), a corporate internet banking portal (nbi.wooribank.com), three flagship mobile applications (우리WON뱅킹 for retail, 우리WON기업 for corporate, and 우리WON모바일 MVNO telecom), a proprietary 우리카드 credit card program, and a non-face-to-face account opening system with a safety blocking mechanism. Distribution combines self-serve digital channels with a physical branch network and credit card distribution. IT infrastructure is delivered in-house by wholly-owned subsidiary Woori FIS (우리FIS), and the bank sits within a Woori Financial Group ecosystem of 10+ wholly-owned subsidiaries spanning cards, securities, asset management, capital, credit information, fund services, PE, asset trust, savings bank, and a financial research institute, supporting cross-product distribution. International reach is signaled by multilingual website support in English, Chinese, Japanese, Filipino/Tagalog, Vietnamese, and Mongolian, targeted at Korea-based diaspora and cross-border retail customers. Woori Bank has been recognized with The Banker Awards 2020 Triple Crown (3관왕), 12 consecutive years of the Customer Delight Management Grand Prize through 2019, and a 2026 Web Accessibility Excellent Site Certification.
우리은행 firmographics
Firmographics- Name
- 우리은행
- Legal name
- 우리은행 (Woori Bank)
- Website
- https://wooribank.com
- Company type
- Public
- Founded year
- 1899
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Woori Bank (우리은행) is a South Korean universal commercial bank founded in 1899, serving individual retail and corporate customers with deposits, loans, funds, insurance, FX, cards, and digital banking through mobile apps and branch network, as the flagship subsidiary of Woori Financial Group.
- Ownership category
- akta.pro rank
우리은행 industry classification
Industry- Product category
- Retail Banking
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD)
Keywords
Where 우리은행 is headquartered
LocationHeadquarters
- HQ city
- 서울시
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
우리은행 business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Interest income from loan products (personal loans, corporate loans, mortgage loans, automotive loans) minus interest paid on deposits and savings accounts
- Fee and Commission Income: Fees from fund distribution, insurance products, trust services, foreign exchange transactions, wire transfers, credit card transactions, and retirement pension management
- Foreign Exchange Services: Revenue from foreign exchange transactions, cross-border transfers, and international banking services
- Credit Card Operations: Revenue from 우리카드 credit card transactions, merchant fees, and card-related services
Go-to-market motion1 record
Distribution channels6 records
Marketing channels7 records
우리은행 product offering
Product offeringCore offering
Woori Bank (우리은행) is a South Korean commercial bank offering comprehensive retail and corporate banking services including deposits, savings, loans (personal, mortgage, automotive, corporate), investment funds, insurance distribution, foreign exchange, gold trading, trust services, retirement pensions, ISA accounts, and credit card services through the Woori Card (우리카드) brand. Distribution combines digital platforms (personal internet banking, corporate internet banking, and proprietary mobile apps 우리WON뱅킹 and 우리WON기업) with an extensive physical branch network, complemented by a bundled mobile virtual network operator service (우리WON모바일).
Product overview
우리은행 operates as a universal bank offering a unified digital banking platform through multiple branded mobile applications. The core product portfolio includes 우리WON뱅킹 (retail mobile banking), 우리WON기업 (corporate mobile banking), and 우리WON모바일 (mobile telecommunications). The bank also provides traditional financial products including deposits, loans, funds, insurance, foreign exchange, gold, trust services, retirement pensions, and ISA accounts, alongside credit card services through 우리카드. The digital banking services serve as the primary customer-facing platform for all banking activities.
Differentiator
Problem solved
Functional benefit
Brands
- 우리WON뱅킹: Woori Bank's flagship mobile banking application for retail customers
- 우리WON기업
- 우리WON모바일
- 우리카드
Products and services
- Woori WON Banking (우리WON뱅킹)
Companies that use 우리은행
Customer profileSegments2 records
Ideal customer profiles2 records
우리은행 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
우리은행 partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, major and support.
- 우리금융지주 (Woori Financial Group)coreParent financial holding company of Woori Bank. Woori Bank operates as a core subsidiary within the Woori Financial Group ecosystem, benefiting from group synergies across banking, securities, insurance, and other financial services.
- 우리카드 (Woori Card)coreCredit card subsidiary providing Woori Card branded credit card products and services distributed through Woori Bank channels.
- 우리투자증권 (Woori Investment & Securities)majorSecurities subsidiary offering investment products, trading services, and capital market solutions complementing Woori Bank's retail and corporate banking services.
- 우리금융캐피탈 (Woori Financial Capital)majorCaptive financing and capital services subsidiary supporting Woori Bank's customer financing needs including lease financing and working capital solutions.
- 우리자산운용 (Woori Asset Management)majorAsset management subsidiary providing fund products and investment management services distributed through Woori Bank's branch and digital channels.
- 우리신용정보 (Woori Credit Information)supportCredit information subsidiary providing credit scoring, risk assessment, and credit reporting services supporting Woori Bank's lending operations.
- 우리FIS (Woori FIS)supportFinancial technology and systems subsidiary providing IT infrastructure, banking systems, and digital platform development supporting Woori Bank's technology operations.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
우리은행 competitors and assessment
Company assessmentRegional players
- Standard Chartered: Global commercial bank with strong Asia footprint and trade/cross-border banking franchise. Comparable on the international banking and FX revenue mix that Woori also offers.
- MUFG Bank: Japan's largest bank and a comparable universal/commercial banking franchise in a neighboring East Asian economy. Useful benchmark for full-service digital transformation at scale.
Direct peers
- Hana Bank: Another of Korea's major commercial banks, part of Hana Financial Group. Competes head-to-head with Woori across retail deposits, mortgages, corporate banking, and FX with similar Hana 1Q mobile app.
- NH Nonghyup Bank: Major Korean commercial bank with strong agricultural and SME lending franchises. Competes directly with Woori in retail deposits, agribusiness/SME lending, and increasingly in mobile banking.
- Shinhan Bank: One of Korea's 'Big 4' commercial banks under Shinhan Financial Group, with comparable retail, corporate, and digital banking offerings including the Shinhan SOL mobile platform. Direct competitor for the same Korean customer base.
- Kakao Bank: Korea's largest internet-only bank, built on the KakaoTalk super-app ecosystem. Direct competitor in retail deposits, unsecured lending, and payments; represents the digital-first challenger model Woori must defend against.
- KB Kookmin Bank: Korea's largest commercial bank by assets, offering a near-identical universal banking suite (deposits, loans, FX, cards, mobile banking via KB Star). Most direct domestic peer competing for the same retail and SME customers.
- KEB Hana Bank (post-merger Hana Bank): Same entity as Hana Bank post-2015 KEB-Hana merger, notable as a comparable case of building scale through M&A in Korean commercial banking.
Emerging players
- Toss Bank: Korea's second internet-only bank, launched by the Toss fintech ecosystem. Competes on retail deposits, micro-lending, and payments UX; emerging threat rather than head-to-head scale competitor.
Broad incumbents
- DBS Bank: Asia's leading digital-transformed incumbent bank, often cited as the benchmark for incumbent-bank digital strategy. Comparable on the universal banking + mobile-first trajectory Woori is pursuing.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
우리은행 social profiles
Digital presence우리은행 compliance and trust
Trust signalCompliance3 records
우리은행 financial estimates
Financial estimateRevenue estimate
Valuation estimate
우리은행 leadership team
Management profileNumber of profiles
우리은행 subsidiaries and ownership
Company hierarchySubsidiaries11 records
우리은행 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
우리은행 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 우리은행
What does 우리은행 do?
Woori Bank (우리은행) is a South Korean commercial bank offering comprehensive retail and corporate banking services including deposits, savings, loans (personal, mortgage, automotive, corporate), investment funds, insurance distribution, foreign exchange, gold trading, trust services, retirement pensions, ISA accounts, and credit card services through the Woori Card (우리카드) brand. Distribution combines digital platforms (personal internet banking, corporate internet banking, and proprietary mobile apps 우리WON뱅킹 and 우리WON기업) with an extensive physical branch network, complemented by a bundled mobile virtual network operator service (우리WON모바일).
Is 우리은행 a public or private company?
우리은행 is a public company. It is classified as public and is currently operating.
When was 우리은행 founded?
우리은행 was founded in 1899. It employs 501 to 1,000 people.
Where is 우리은행 based?
우리은행 is headquartered in 서울시, South Korea, in the Asia region.
How does 우리은행 make money?
Four revenue lines are on record. Net Interest Income is the primary driver. The others are fee and Commission Income, foreign Exchange Services and credit Card Operations.
Who are 우리은행's main competitors?
Regional players on record are Standard Chartered and MUFG Bank. Direct peers are Hana Bank, NH Nonghyup Bank, Shinhan Bank, Kakao Bank, KB Kookmin Bank and KEB Hana Bank (post-merger Hana Bank). Toss Bank is listed as an emerging player. DBS Bank is listed as a broad incumbent.
Does 우리은행 have an API?
No public API is recorded for 우리은행.
What industry is 우리은행 in?
우리은행's product category is Retail Banking. Its primary akta.pro industry code is FSABABAD, SME Cash Management & Payments (Merchant, ACH/Wires, Payroll). Its SIC code is 6022.