Urijonggeum Decides to Increase Short-Term Borrowings by 100 Billion Won

[Asia Economy Reporter Park Jihwan] Woori Financial Group announced on the 23rd that it has decided to increase short-term borrowings by 100 billion KRW.

This short-term borrowing corresponds to 27.22% of the company's equity capital of 367.3 billion KRW.

The company stated that the purpose of this borrowing is "to secure an overdraft limit in preparation for an increase in transaction amounts such as bond management."