Tae Joon Jeong's questions to Woori Financial Group Inc (WF) leadership • Q1 2025
Question
Tae Joon Jeong from Mirae Asset Securities asked about the potential impact of the planned life insurance acquisition on the group's capital ratio, suggesting the effect could be larger than the 'minimal' impact management had previously indicated.
Answer
A Woori Financial Group executive responded that while it is difficult to provide a precise figure before the deal is finalized, the company does not anticipate a large impact based on available financials. They acknowledged potential risks from factors like changing discount rates but affirmed that post-acquisition, capital will be managed prudently with a priority on financial soundness metrics like the K-ICS ratio.