Woori Bank Forecasts 2011 Profit to Rise to 1.8 Trillion Won, Yonhap Says

Woori Bank, the lending unit of Woori Finance Holdings Co., is aiming for net profit of 1.8 trillion won ($1.6 billion) next year, compared with its 1.2 trillion won estimate for this year, on lower provisions, Yonhap News reported, citing Chief Executive Officer Lee Chong Hwi.

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