Woori Bank
In 2004, Woori Bank opened its Gaeseong Industrial Complex branch, in Gaeseong, North Korea, first foreign bank to do so in North Korea. Woori Bank has operations in Bangladesh, India and Indonesia. On 14 March 2012, its Indonesian subsidiary, Bank Woori Indonesia, announced a plan to merge with a local bank, Bank Saudara. In April 2012, Woori Bank opened its first branch in India at Chennai.