Warba Bank continues its presence in the foreign exchange market and receives international recognition from 'Euromoney'

Woori Bank continued to strengthen its presence in the foreign exchange market, achieving a new international recognition from Euromoney for 2026. This step reflects the bank’s continuous development in its treasury sector and its ability to provide advanced financial solutions that meet customer requirements and keep pace with rapid shifts in global markets.

This honor follows Woori Bank’s ongoing efforts to develop its treasury business and enhance its foreign exchange capabilities through investment in specialized expertise, the development of financial tools and solutions, and the utilization of modern technologies to elevate the level of services provided to customers across various sectors.

On this occasion, Abdullah Al-Lanqawi, Head of the Treasury Group at Woori Bank, expressed his pride in this international recognition, emphasizing that continued global acknowledgment reflects the efforts exerted by the bank’s treasury team and the specialized solutions and services it offers in the foreign exchange sector. He noted that this achievement highlights the development witnessed by Woori Bank’s treasury system, which has worked over the past years to build specialized capabilities combining banking expertise, a deep understanding of market needs, and the ability to leverage technology to deliver more efficient and flexible services.

Al-Lanqawi added that the bank continues to focus on developing its financial products and solutions to align with customer needs and market changes, pointing out that the foreign exchange sector is experiencing rapid developments that require high levels of readiness, flexibility, and responsiveness. He affirmed that this recognition serves as an additional incentive to continue developing the treasury system and strengthening Woori Bank’s position in providing specialized financial services, alongside continued investment in technology and national and professional staff capable of supporting the bank’s future plans.

Al-Lanqawi stressed that receiving this international honor reflects the continuous work carried out by the treasury, sales, and foreign exchange-related service teams at Woori Bank. He noted that building an integrated system in this field requires combining technical expertise, understanding customer needs, and continuous investment in technology.

He further explained that Woori Bank has worked to enhance its foreign exchange capabilities by strengthening its operational and technical infrastructure, while improving team efficiency and developing service delivery mechanisms, enabling customers to access more efficient and faster financial solutions. He added that the evolution of global markets and the growing need for foreign exchange risk management require more flexible and specialized solutions, noting that the bank continues to work on developing a comprehensive suite of services to meet the needs of customers, whether corporate, institutional, or from various other segments.

He pointed out that this international recognition serves as a motivation to continue raising performance standards and developing services, emphasizing the importance of teamwork and integration among the bank’s various teams to achieve its strategic objectives.

Woori Bank places increasing importance on its treasury sector within its business framework, given the role of foreign exchange services in supporting customer needs and enhancing their ability to manage their financial transactions in local and global markets. In this context, the bank continues to develop its foreign exchange services, focusing on providing flexible and efficient solutions that help customers manage their currency needs and utilize available financial tools according to their requirements and business nature.

The bank relies on a specialized team with diverse expertise in treasury and financial markets, enhancing its ability to monitor market developments and respond to customer requirements more quickly and effectively.

This achievement comes as Woori Bank continues to invest in digital transformation and the development of its technological infrastructure, considering technology a key driver for developing the banking sector and enhancing customer experience. The bank works to deploy digital solutions and modern technical tools across its various operations, including treasury and financial market-related services, aiming to improve operational efficiency, accelerate transaction execution, and provide a more convenient and flexible banking experience.

This aligns with the bank’s direction toward strengthening its digital capabilities and offering innovative banking solutions that keep pace with rapid developments in the financial sector and support customer needs in an environment characterized by high competition and continuous change.

This new recognition follows Woori Bank’s track record of receiving international awards in various areas of banking, reflecting the diversity of its capabilities and the development of its services and products. In 2024, the bank received the “Best Bank for Foreign Exchange in Kuwait” award from Euromoney, which was linked at the time to the efforts of the Treasury Group in building a specialized system to provide foreign exchange services and innovative financial solutions. Bank statements at that time also highlighted the role of technology and product development in enhancing customer experience.

Woori Bank emphasizes that these achievements are the result of continuous efforts to develop an integrated system that combines specialized banking expertise, modern technology, and a deep understanding of customer needs, alongside a focus on innovation and the development of products and services.