Woori Bank Suspends Sales of 5 Funds Related to Osstem Implant View original image


[Asia Economy Reporter Kwangho Lee] Following Hana Bank and NH Nonghyup Bank, Woori Bank will also suspend the new sales of funds containing Ostem Implant, which was involved in an employee embezzlement case amounting to 188 billion KRW.


According to Woori Bank on the 7th, from today, new sales of five types of funds, including DB Bio Healthcare Securities Investment Trust No.1, Korea Investment Navigator Securities Investment Trust No.1, and KB Value Choice 30 Securities Investment Trust, which have more than 1% of Ostem Implant in their fund assets, will be suspended.



Previously, Hana Bank suspended new subscriptions to 77 funds that included even a single share of Ostem Implant in their investment assets. Following that, NH Nonghyup Bank also suspended new subscriptions to 29 funds containing Ostem Implant.


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