What is Woori Bank?

Woori Bank is the first South Korean bank to support non-Internet Explorer web browsers for online banking in Korea. Woori Bank has operations in Bangladesh.

What is WIO banking?

Wio plans on taking banking where customers already engage and reduce the need for customers to go to bank channels to access banking services. Wio will play an active role to embed customized financial services with leading digital players in the region, thereby enhancing the digital economy. Banking-as-a-Service solutions (BaaS)

Who owns WIO bank?

Wio is 65% owned by Abu Dhabi sovereign wealth fund ADQ and investments holding company Alpha Dhabi, with Abu Dhabi-based telco Etisalat and the country’s largest lender First Abu Dhabi Bank holding 25% and 10% stakes respectively. The new entrant is looking to shake up the UAE’s banking market before taking its ambitions further afield.