Bank Woori Saudara

Indonesian company

Woori Bank (84.20%)
Arifin Panigoro (7.38%)

Number of employees

1,455 (2020)Websitebankwoorisaudara.com

Korean Name
Hangul	우리소다라은행
Hanja	우리소다라銀行
Revised Romanization	Uri Sodara Eunhaeng
McCune–Reischauer	Uri Sodara Ŭnhaeng

Bank Woori Saudara (formerly known as Bank Saudara) is an Indonesia-based financial institution. Bank Saudara was founded in 1906 by ten merchants of Pasar Baru in Bandung, West Java. The Bank's products and services include savings and checking accounts, fixed deposits, credit loans and other banking services.

On 14 March 2012, Bank Saudara announced a plan to merge with Bank Woori Indonesia, Indonesian subsidiary of Woori Bank of South Korea.^[1] PT Bank Himpunan Saudara 1906, Tbk (Bank Saudara) has obtained approval from Bank Indonesia (BI) via an approval letter on December 30, 2013 related to the purchase of 27% (twenty-seven percent) Bank Saudara’s shares by the Woori Bank of Korea and the remaining 6% (six percent) has been approved in advance on April 16, 2013. Earlier this year, Woori achieved one of its long-awaited overseas operation goals ― Indonesia’s central bank approved Woori’s acquisition of a 33-percent stake in Bank Saudara.

Board of directors

Commissioner

Title	Name
Komisaris Utama	Arief Budiman
Komisaris Independen	Ahmad Fajarprana
Komisaris Independen	Adi Haryadi
Komisaris	Park Tae Yong

Director

Title	Name
Direktur Utama	Hwang Gyusoon
Direktur Bisnis Support	Edwin Sulaeman
Direktur Risiko dan Kepatuhan	Wuryanto
Direktur Korporat	Kang Bong Joo
Direktur Konsumer	M. Tri Budiono
Direktur TI dan Jaringan & Operasi	Benny Sudarsono Tan