Strong market position High likelihood of receiving government support Strong corporate banking business Relatively large exposure to risky sectors Moderate capitalization Relatively weak core earnings The stable outlook on Woori Bank reflects Standard&Poor's Ratings Services' view that potential credit risks remain manageable and the bank is likely to be able to maintain its current level of capitalization for the next 18 months. We believe Woori will likely manage a potential rise in credit costs with current preprovisioning profit levels amid a challenging operating environment, characterized by potential pressure on the quality of household debt and ongoing pressure on the credit quality of the real-estate and construction sectors, as well as the shipping and shipbuilding sectors. We also believe
