Woori Bank Selected as 'Korea's Best Cash Management and Remittance Bank'

[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 6th that it was selected in two categories, 'Best Cash Management Bank in Korea' and 'Best Remittance Bank in Korea,' at the 'Transaction Finance Awards 2020' hosted by the global financial magazine The Asian Banker.

With this award, Woori Bank has won the Asian Banker Transaction Awards for 10 consecutive years since 2011. It has been selected as the 'Best Cash Management Bank in Korea' for 8 consecutive years since 2013.

The Asian Banker highly evaluated ▲ efficient financial services utilizing a global network of over 450 connections ▲ upgraded non-face-to-face overseas remittance services such as Woori Global Quick Remittance and customer-tailored cash management services to enhance customer satisfaction ▲ quantitative and qualitative growth through strengthened compliance and internal controls.

A Woori Bank official said, "Being selected as the 'Best Cash Management Bank' by The Asian Banker for 8 consecutive years once again confirmed that Woori Bank is the strongest in corporate cash management services," adding, "Following the digital sector award in July this year, this award will raise Woori Bank's recognition and status not only in Southeast Asia, a major global market for the bank, but also in financial markets in Europe and the Americas."

The Asian Banker, established in Singapore in 1996, is a global financial magazine that selects the best banks in transaction and digital fields every year through a rigorous review process by analysts and an international judging panel.

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