Woori Financial Group Supplies KRW 34.7 Trillion in Productive and Inclusive Finance in One Year

Financial Sector's First "Future Partnership Growth Project" Marks One Year
Supplies 38.5% of Its Five-Year KRW 90 Trillion Target
Continues to Boost Venture Capital Investment and Expand Investment Destinations

Woori Financial Group supplied KRW 34.7 trillion over the past year through its Future Partnership Growth Project, which aims to expand productive and inclusive finance. This represents 38.5% of the group’s five-year target of KRW 90 trillion.

Woori Financial Group held its October Advanced Strategic Industries Finance Council meeting at its headquarters in Jung-gu, Seoul, on the 20th, chaired by Chairman Lim Jongryong. Lim reviewed the results of the past year’s productive and inclusive finance initiatives and stressed that going forward, the group should increase the share of support for small and medium-sized enterprises and regional businesses, not just the overall volume of funding, while maintaining a balance between growth and financial soundness. Photo provided by Woori Financial Group.

Woori Financial Group said it held its October Advanced Strategic Industry Finance Council at its headquarters in Jung-gu, Seoul, on October 20, chaired by Chairman Lim Jong-ryong and attended by the heads of its major affiliates. The council reviewed the group’s progress in advancing productive and inclusive finance and its plans for 2027.

Woori Financial Group announced the Future Partnership Growth Project in September 2025, pledging to provide KRW 80 trillion in productive and inclusive finance over five years. In June 2026, it raised the target to KRW 90 trillion by adding KRW 9.4 trillion for productive finance and KRW 600 billion for inclusive finance. During the first year of the project, the group supplied KRW 33.3 trillion in productive finance and KRW 1.4 trillion in inclusive finance.

In the lending segment of productive finance, the group supplied KRW 27.2 trillion from January through September 2026, exceeding its annual target of KRW 18.4 trillion. Of the KRW 26.6 trillion supplied by Woori Bank, more than half—KRW 13.4 trillion—went to small and medium-sized enterprises. Of that amount, KRW 5.1 trillion went to SMEs based outside the Seoul metropolitan area.

In the investment segment, the group invested KRW 1.9 trillion during the same period. Affiliates including its banking, securities, capital, and insurance businesses participated in the National Growth Fund and supplied more than KRW 500 billion this year to projects and companies including the Shinan Ui offshore wind farm, Samsung Electronics’ semiconductor facilities in Pyeongtaek, and AI chipmaker Rebellions. Projects worth a further approximately KRW 600 billion, for which commitments have been completed, are also set to receive funding.

The Group Joint Fund managed by Woori Asset Management invested KRW 177.7 billion in eight companies, including those in the secondary battery and mobility sectors, through September, against its target of KRW 200 billion for 2026. Woori Investment & Securities supplied KRW 466.1 billion in venture capital, including KRW 100 billion through the acquisition of privately placed bonds issued by a solar energy company, and is expanding its investment into areas such as AI, biotechnology, and defense. In October, the group will also pursue investment in an AI center outside the Seoul metropolitan area, identified jointly by its affiliates.

In inclusive finance, Woori Bank supplied KRW 652 billion in Saehee Mangholssi loans from January through September 2026. Under the 7% annual interest rate cap on personal credit loans introduced in January 2026, approximately 90,000 people received a total of KRW 3.7 billion in interest relief.

The Woori WON Dream Living Expenses Loan, launched in March 2026, supplied KRW 63.7 billion over six months. In response to demand, Woori Bank plans to raise the sales limit from KRW 100 billion to KRW 200 billion in November.

Woori Financial Savings Bank supplied KRW 435.1 billion in loans for low-income households, including Sunshine Loan and Saitdol Loan, from January through September 2026. Woori Smile Microfinance Foundation also provided KRW 12.6 billion during the same period, surpassing its annual target of KRW 12 billion. The foundation increased its nationwide branch network to 12 by opening new branches in the second half of 2026. Three of them are located within Integrated Financial Support Centers, where they provide financial assistance alongside employment and welfare referral services.

Woori Bank and Woori Card wrote off approximately KRW 280 billion in long-delinquent debt this year, supporting credit recovery and a fresh start for more than 12,000 people.

The council also discussed management priorities for 2027. For productive finance, the group plans to manage the overall structure of funding from multiple angles, including ▲loan balances by industry ▲the share of lending to SMEs and regional businesses ▲reliance on collateral and guarantees, in addition to increasing the amount supplied. For inclusive finance, it aims to support the meaningful recovery of vulnerable groups through measures such as ▲writing off delinquent debt ▲linking financial support with employment and welfare services. The specific scale and methods of support will be finalized at a future meeting of the Advanced Strategic Industry Finance Council.

Chairman Lim said, "Please develop plans for 2027 that will bring about structural changes in the composition of our funding, including increasing the share going to SMEs and regional businesses," adding, "Let’s continue to expand the provision of inclusive finance with sincerity, in ways that customers can genuinely feel."

This content was produced with the assistance of AI translation services.