Thursday, August 27, 2026

Annual interest of 2.5 million won reduced to 1.05 million won... Woori Bank saves the lives of 6,000 people with bold 'inclusive finance'

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2026-08-27 14:34:34
Updated
2026-08-27 14:34:34
It has been reported that the number of customers who have used related products this year alone has neared 6,000.
According to the financial industry on the 27th, the number of customers using Woori Bank's 'Woori WON Dream Living Expenses Loan' and 'Woori WON Dream Refinancing Loan,' launched this year, totaled 5,987 as of the end of July. 8 billion won.
Woori Bank began full-scale support for inclusive finance with the launch of the 'Woori WON Dream Living Expenses Loan' on March 23. This product provides living funds to customers—such as young professionals, university students, and housewives—who find it difficult to access bank loans due to reasons like proof of income or financial transaction history.
In fact, a 28-year-old young professional secured 8 million won in living expenses through this product. 89 percentage points.
This amounts to a reduction in the annual interest burden of approximately 230,000 won. As part of inclusive finance initiatives, the refinancing of high-interest loans has also been expanded.
The 'Woori WON Dream Refinancing Loan,' launched on May 27, is a product designed to help customers using high-interest credit loans from affiliates such as Woori Card and Woori Financial Capital switch to Woori Bank loans. Such products play a role in expanding banking loan opportunities for customers with relatively low financial accessibility while simultaneously alleviating the interest burden caused by high rates.
0%, to Woori Bank.
Following the refinancing, the interest rate dropped by 9 percentage points to 7%, saving the annual interest burden of 981,000 won.
Woori Bank plans to continue supporting inclusive finance initiatives that improve access to funds for the financially vulnerable and lower financial costs for users of high-interest loans.
"A Woori Bank official stated, 'We are supporting customers who need living expenses or are struggling with high-interest loans so that they can use financial services at lower rates,' adding, 'We will continue to expand inclusive finance to alleviate the burden of interest payments.
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[email protected] Seo Ji-yoon Reporter