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Woori Bank Launches 'Mobile Loan Refinancing'

Transfer Other Bank Loans to Woori Bank via Our One Banking
Up to 200 Million KRW, Preferential Interest Rate as Low as 1.47% per Year

Woori Bank Launches 'Mobile Loan Refinancing'

[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 13th that it has launched the 'Woori-Won Desired Employee Loan Refinancing,' which allows customers to refinance credit loans from other banks to Woori Bank through Woori-Won (WON) Banking.


The 'Woori-Won Desired Employee Loan Refinancing' enables customers to complete the loan approval process via Woori-Won Banking and then visit their preferred branch to refinance loans from other banks. Woori Bank explained that customers can visit any branch they want without having to designate a branch in advance, thereby enhancing customer convenience.


The loan limit is up to 200 million KRW per individual, and the loan interest rate is as low as 1.47% per annum with preferential rates applied (as of the 12th of this month). Repayment methods include lump-sum repayment at maturity, installment repayment, and overdraft accounts, and early repayment penalties are waived.


A Woori Bank official stated, "Following the organizational restructuring in July 2020 to expand enterprise-wide synergy between face-to-face and non-face-to-face channels, we planned customer-centric products and services that integrate these channels," adding, "We plan to continuously develop complex products linking online and offline in the future."


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