Woori to buy Cambodian microfinance institution

19 June 2014
The Korea Herald
Banking and financial services / Economy and commerce
Cho Sung-jae / Dongkwang Pharmaceutical Company / Financial Services Commission / Malis Finance / South Korean aid / Woori Bank

Woori Bank has decided to acquire Cambodia’s microfinance institution Malis Finance for 5 billion won ($4.9 million) to accelerate its global expansion. The Financial Services Commission approved Woori Bank’s acquisition of Malis on Wednesday, according to bank officials. …

 Suk Gee-hyun
http://www.koreaherald.com/view.php?ud=20140619000883

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