Woori Bank said April 26 it is running a "visiting exchange-rate seminar" program for export-import small and midsize companies outside the Seoul area.
The program is designed to strengthen FX risk-management capabilities at regional firms that have limited access to specialized foreign-exchange and derivatives services. The bank visits worksites first and provides tailored consulting without requiring companies to apply separately.
Woori Bank held on-site seminars April 14 at Seongwoo Hitech and Taekwang Fujikin in the Busan area. On April 22, it continued the program with visits to MNC Solution, GPC and Woorim PTS in South Gyeongsang Province.
Sessions cover Middle East-related risks and global commodity-market trends, major currency movements and outlooks, and hedging strategies such as forward exchange contracts and currency options, offering company-specific response plans.
Woori Bank plans to expand the seminars to key industrial hubs including Ulsan and Gwangyang, aiming to help regional companies maintain stable operations amid global uncertainty.
"Regional export-import companies feel significant exchange-rate risk, but in reality they have relatively limited access to information to manage it," a Woori Bank official said. "We are focusing on providing FX risk-response measures tailored to each company’s situation on site."
* This article has been translated by AI.
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