WB Finance Officially Becomes Commercial Bank with its New Global Name as “Woori Bank (Cambodia) Plc.”

03 January 2022, Phnom Penh – WB Finance Co., Ltd. announces its official and successful conversion to Commercial Bank with the new Global name as “Woori Bank (Cambodia) Plc.” marking as one of major milestones throughout the last 30 years of its history in serving financial services to Cambodians across the nation. 

Woori Bank (Cambodia) Plc. has obtained regulatory approvals from the National Bank of Cambodia and Ministry of Commerce respectively, to carry out banking operations. With the new status, we are excited and looking forwards to deliver innovative banking services and products while expanding our business scope to the overall banking industry in Cambodia. 

Woori Bank (Cambodia) Plc. is part of Woori Financial Group, which has strong global presence at more than 450 locations in 23 countries, and has served financial services for more than a century. 

“As we become a Bank, we celebrate and look forward to more exciting journeys with our customers, partners, and stakeholders of delivering Korean-standard banking experiences while ensuring its customization for Cambodians. To share digital slogan of our shareholder Woori Financial Group, Korea, as “Digital First, Change Everything”, Woori Bank’s managements and staff has put forth a very strong foundation and concrete strategy in enabling fast, convenient and trustworthy banking experiences for the better life of our customers and Cambodians.” Said, Mr. Kim Hong Ju, CEO of Woori Bank.

Woori Bank and its growing operational branches networks will take another major step toward providing products and services starting 03 January 2022, with its operational branches networks of 138 branches nationwide, with experienced employees of almost 4,000; while progressively expanding its branch and ATMs networks across Cambodia. 

“I would like to express my sincere gratitude toward our regulators, shareholders and Board of Directors for the invaluable guidance and endless support. To our staffs and managements, thank you for the robust commitment and dedication. Last but not least, thank you valued customers for your continual supports and trust in us. I look forward to welcoming all of you to the new chapter that is Woori Bank (Cambodia) Plc.” Said, Mr. Kim Hong Ju, CEO of Woori Bank 

About Woori Bank (Cambodia) Plc. 

Woori Bank (Cambodia) Plc. is one of the leading Commercial Banks in Cambodia and wholly owned by Woori Financial Group, Korea. Woori Bank is serving convenient, fast and trustworthy financial services and products to Cambodians through its 138 branches nationwide. As of 22 December 2021, Woori Bank has achieved total assets of US$ 1.2 Billion, loan portfolio of US$ 914 Million, deposit amount of US$ 215 Million and more than 327,000 customers.