Moody's assigns (P)Ba3(hyb) to Woori Bank's additional Tier 1 notes
Rating Action: Moody's assigns Ba3 to Woori Bank's additional Tier 1 notes. Global Credit Research- 08 May 2017. Hong Kong, May 08, 2017-- Moody's Investors Service has assigned a Ba3 rating to the proposed USD non-cumulative additional Tier 1 notes to be issued by Woori Bank.Woori Bank is engaged in commercial banking, investment banking, Internet banking, international banking as well as financial services including securities, leasing and factoring. Co.'s main activities include deposits, loans, trust funds, security activities, money trusts, foreign exchanges, credit card services, electronic banking, global on-line information services, corporate banking, automatic teller services and electronic banking.
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