Woori Bank Establishes Dedicated Team to Proactively Support Companies Expected to Be Affected by US Tariffs

Establishment of the "ACT (Advance Crisis-management Taskforce) for At-risk Companies"

On April 25, Woori Bank announced that it will establish a dedicated organization to proactively manage corporate clients expected to be affected by the United States' reciprocal tariffs.

Woori Bank Headquarters. Woori Bank

Woori Bank will create the "ACT (Advance Crisis-management Taskforce) for At-risk Companies," a dedicated organization under the Credit Support Group. The bank plans to select companies showing signs of financial distress and provide them with financial support and management assistance programs. Additionally, Woori Bank intends to assist in the restructuring of real estate project financing (PF) sites and encourage their self-recovery. Through these measures, the bank aims to manage default risks in advance and improve the soundness of its loan portfolio.

A bank representative stated on April 25, "We will not only expedite the normalization of companies showing early signs of distress, but also stably manage asset quality through the proactive restructuring of potential assets."

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