Woori Bank Suspends Non-Face-to-Face Sales of 12 Types of Credit Loans to Manage Household Loans

Woori Bank will suspend the sale of certain unsecured loan products through non-face-to-face channels to manage household loans.

According to the financial sector on the 29th, Woori Bank will halt the sale of some unsecured loan products via non-face-to-face channels such as the internet and mobile applications from the 30th until the end of the year.

The 12 products affected include Preferred Partner Loan (PPL) for employees of excellent partner companies, Woori WON Workplace Loan, Woori Main Workplace Loan, Corporate Employee Group Loan, Woori Dream Car Loan, Woori Special Loan (including refinancing), Woori First Salary Unsecured Loan, Woori WON Plus Workplace Loan, Citi Refinancing Unsecured Loan (refinancing), Veteran Preferential Loan, WON EASY Living Expense Loan, and Unsecured Loan Recommendation Service (including refinancing).

Non-face-to-face applications for low-income financial loan products such as Sae Hope Holssi, Saetdol Loan, and Sunshine Loan Bank will continue as usual.

Meanwhile, starting from the 25th, Woori Bank also reduced the preferential interest rates on unsecured loan refinancing products by 1.0 to 1.9 percentage points as part of strengthening household loan management.