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home / news releases / woori bank new catalysts ahead


WF - Woori Bank: New Catalysts Ahead

2024-06-11 15:30:55 ET

Summary

  • South Korea's economy is recovering after a slowdown caused by a decline in tech exports.
  • The country's equities market is showing signs of improvement.
  • The bounce back in the economy is a positive sign for South Korea's overall economic health.

Overview

South Korea's economy has begun to bounce back, following relatively slower growth in H1 2023. This transition could bode well for banks in South Korea. Banks remain a safe play based on relative value, as major banks in South Korea are trading well below book value....

For further details see:

Woori Bank: New Catalysts Ahead
Stock Information

Company Name: Woori Bank American Depositary Shares
Stock Symbol: WF
Market: NYSE
Website: woorifg.com

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