trending Market Intelligence /marketintelligence/en/news-insights/trending/9czu6KHSterWy25rNq7dmA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Woori Bank sells 2.7% stake in Woori Financial Group to foreign investors

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Woori Bank sells 2.7% stake in Woori Financial Group to foreign investors

South Korea's Woori Bank sold 2.7% of its stake in its holding Woori Financial Group Inc. to foreign institutional investors before trading March 22, The Korea Herald reported the same day, citing a company statement.

Some 18,346,782 shares were sold in a block deal, which raised foreign ownership in Woori Financial to 30.2% from 27.5% as of its Feb. 13 public listing. The lender attracted about US$750 million in bookings, or more than three times the maximum offering.

The capital from the sale will increase Woori Bank and Woori Financial's BIS adequacy ratios by 18 and 10 basis points, respectively, the report said.

Woori Financial was launched as the lender's holding company Jan. 11.

As of March 21, US$1 was equivalent to 1,130.34 South Korean won.