Woori Financial Group Inc. (KOSE:A316140) agreed to acquire an unknown stake in PT Bank Woori Saudara Indonesia 1906 Tbk (IDX:SDRA) for approximately KRW 270 billion on October 26, 2023. The transaction was resolved by the Board of Directors of Woori Financial Group.

Woori Financial Group Inc. (KOSE:A316140) completed the acquisition 71.4% stake in PT Bank Woori Saudara Indonesia 1906 Tbk (IDX:SDRA) for approximately KRW 260 billion on June 25, 2024. Indonesian financial authorities approved the transaction on June 25, 2024.