Woori Bank Accelerates Support for Domestic Companies Entering Bangladesh

[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 28th that it will establish and operate a Korean Desk at its Dhaka branch in Bangladesh to support domestic companies preparing to enter the local market.

In addition to existing local financial support, the Korean Desk will provide domestic companies preparing to enter Bangladesh with ▲local market information guidance ▲conveniences such as accommodation reservations and airport pickups during local business trips ▲pre-consultations for corporate establishment and office openings.

Consultations can be requested through the Dhaka branch’s Korean Desk KakaoTalk Plus Friend, and are available from Sunday to Thursday (closed on Bangladesh’s Friday and Saturday), between 1 PM and 9 PM Korean Standard Time.

A Woori Bank official stated, “Bangladesh is the world’s 8th most populous country and has been growing at over 6% annually since 2010. We established the Korean Desk to strengthen support for domestic companies preparing to enter the local market,” adding, “We will continue to actively provide the necessary information and conveniences for domestic companies entering Bangladesh.”

Woori Bank operates eight sub-branches, including the Dhaka branch, which was the first Korean bank established in Bangladesh in 1996. A total of 108 employees work locally.

Additionally, the bank provides local financial services such as rapid loan support and payment guarantees to domestic companies that have consecutively won large-scale infrastructure projects from the Bangladesh government and are carrying out these projects.

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