Woori Bank
Woori Bank (Hangul: 우리은행 Uri Eunhaeng, SWIFT HVBKKRSE, numeric 020) is a bank headquartered in Seoul, South Korea. Woori Bank is a subsidiary of the Woori Financial Group. The bank dates back to 1899, originally called Daehan Cheon-il Bank, renamed Joseon Sangup Bank in 1911, then Commercial Bank of Korea in 1950. Following the 1997 Asian financial crisis, it merged with the former Hanil Bank and Peace Bank to become Hanvit Bank, a history reflected in its SWIFT code. Woori Bank adopted its current name in 2002.
Its Jongno branch is located in the Gwangtonggwan, the oldest continuously-operating bank building in Korea. It was registered as one of city's protected monuments on March 5, 2001.
In 2004, Woori Bank opened its Gaeseong Industrial Complex branch, in Gaeseong, North Korea.
In May 2009, Woori Bank became the first South Korean bank to issue UnionPay debit cards in China. In March 2010 it became the first foreign bank to issue Shanghai Tourism Cards in mainland China.
Woori Bank has operations in Bangladesh and in Indonesia. On 14 March 2012, its Indonesian subsidiary, Bank Woori Indonesia, announced a plan to merge with a local bank, Bank Saudara.