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Indonesia
01 Jan 1906 (120 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Bank Woori Indonesia
Company Information
Get to know Bank Woori Indonesia
PT Bank Woori Saudara Indonesia 1906, Tbk (BWS) is the result of a merger between PT Bank Woori Indonesia and PT Bank Himpunan Saudara 1906, Tbk in 2014. With a history tracing back to 1906, the bank has a long-standing presence in the Indonesian financial sector. As a subsidiary of the Woori Bank Financial Group from South Korea, BWS leverages international expertise to provide a wide array of financial products and services, including savings, loans, credit cards, treasury, and corporate banking solutions, aiming to become a leading and trusted bank in Indonesia.
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