Additional information


en			ru			jp

Finance Lounge

Add privatebanking.com as a search provider to your browser

Advanced Search

Private Banking & Wealth Management search tool

Search entity

Brokers / Security dealers

Woori Investment & Securities

Back

Review Avg.
Reviews:	0

Contact Page

Additional information

Write Review

Browse Review

Additional information

Woori Investment & Securities

Overview:

Affiliated with the Woori Financial Group (WFG), Woori I&S seeks to maximize synergies, aiming to ensure prosperity for its customers, shareholders, and employees, and to become one of Asia’s leading investment banks able to compete with overseas financial institutions in Korea and Asia.

To that end, Woori I&S is taking steps to become a differentiated brokerage house by expanding into Asian markets, running transparent and reliable businesses, offering value-added products and services, and extending services to overseas customers.

When the Capital Market Consolidation Act takes effect, the domestic securities industry is expected to see heated competition, not only with banks that enjoy first-mover advantage and have extensive networks and customer base, but also with foreign-owned investment banks that boast cutting-edge financial techniques and massive capital.

In order to compete with the leading domestic and foreign banks, Woori I&S plans to: 1) strengthen synergies in asset management, investment banking, and trading; 2) provide products and services customized to individuals; and 3) grow to lead the market in Asia.

By maximizing synergies with our affiliates in the Woori Financial Group, the company’s largest shareholder, and expanding its client base through the successful launch of new products such as the OCTO Service, total clients and total client assets stood at 620,000 and 102.9 trillion won, respectively, as of March 2008. In FY2007, Woori I&S earned an operating income of 403.2 billion won and recorded a net income of 325.9 billion won. Woori I&S has received a BBB+ long-term credit rating with an outlook of “stable” from Fitch Ratings and “AA” ratings from Korea’s three leading credit rating agencies, scores that reflect the highest ratings assigned to any domestic securities company.

As Korea’s representative securities firm, Woori I&S has set its sights on becoming “The Leading Investment Bank in Asia by 2010.” To reach this goal, the company established Korea’s first investment banking center in Singapore and research center in Beijing, thus drawing together its successful overseas operations in Southeast and Northeast Asia.

Back

Privatebanking.com

Get the attention you always wanted and promote your corporate image and standing by benefiting from our state of the art interactive web presence.

Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

©	Copyright by PRIVATE BANKING.COM 2002- - All rights reserved.