"This translation is Myeongdong Station, Woori Financial Town Station" Woori Financial, Final Substation Name Awarded
Substation Name Project at Myeongdong Station on Subway Line 4 Awarded; 'Woori Financial Town' to be Co-Listed from September
Opening of Woori Financial Town Era in Myeongdong Area... Five Group Companies Including Woori Financial Group and Woori Bank Settle In
[Asia Economy Reporter Yu Je-hoon] Woori Financial Group announced on the 28th that it participated in the paid bidding for secondary station name rights conducted by Seoul Metro and was selected as the final successful bidder for the secondary station name of Myeongdong Station on Subway Line 4.
Station name rights refer to adding a secondary station name, 'Woori Financial Town,' in parentheses next to or below the main station name 'Myeongdong Station.' Following this successful bid, starting as early as September 1, Myeongdong Station will use 'Woori Financial Town' together when introducing the station on various guide signs and train announcements.
A Woori Financial official stated, "Woori Bank's Myeongdong Financial Center has been located in Myeongdong since 1962 and has grown alongside the nearby commercial district. Currently, more than 3,000 employees of Woori Financial Group, including Woori Financial Holdings, Woori Bank, Woori Investment & Securities, Woori FIS, and Woori Financial Management Research Institute, work near Myeongdong Station."
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Meanwhile, Woori Financial Group plans to collaborate with small business owners to promote various projects aimed at revitalizing the Myeongdong commercial district, which has been depressed due to COVID-19, coinciding with the new secondary station name designation at Myeongdong Station. A Woori Financial representative said, "Since Myeongdong Station will now be called by the secondary name Woori Financial Town, Woori Financial will also make greater efforts to help recover the commercial district near Myeongdong Station, which has been affected by the pandemic."
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