![[KH Explains] Why do Woori, NongHyup hold on to North Korean operations? - Vimarsana News](https://res.heraldm.com/content/image/2023/11/07/20231107000445_0.jpg?1)
[KH Explains] Why do Woori, NongHyup hold on to North Korean operations?
In the basement of its Seoul headquarters, South Korean lender Woori Bank has been running a small office that temporarily replaces its branch in North Korea since it pulled out of the North in 2016. In an office a little over 30 square meters in size, a lone manager handles occasional visits from businesspeople who own factories at the now-shuttered Kaesong Industrial Complex, a symbol of inter-Korean business engag...
Source: koreaherald.com