Woori Financial Group Inc. (KOSE:A316140) has officially declared its bid to acquire a brokerage, a move to fortify its non-banking sector and offset a significant dent in profit last year, market watchers said February 7, 2024. Entities up for sale in the industry will be reviewed regardless of size, the group said during a conference call, February 6, 2024. 'The one frequently mentioned is obviously on the list of candidates to undergo our review, since it specializes in online sales of products and has little impact on the group's capital ratio,' a Woori official said.

It was a clear reference to Korea Foss Securities Co. Ltd.