Published 2 years ago

Woori Bank opens branch in Hungary

Summary by Ground News

Woori Bank plans to offer corporate financing services for Korean companies that made inroads into Hungary. Korea is the largest foreign investor in Hungary and the opening of the branch will strengthen the lender's European network. Hungary offers a 9-percent corporate tax rate, which is the lowest among the 27-member European Union.

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The Korea Times

Woori Bank opens branch in Hungary

Woori Bank recently opened a branch office in Budapest, Hungary after receiving formal authorization from the East European country's central bank, the Korean lender said Tuesday.

2 years ago·Korea, Republic of

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