AmBank Group and Woori Bank, one of South Korea’s leading financial institutions, have announced a strategic collaboration to strengthen bilateral investment and trade flows between Malaysia and Korea. Since establishing its representative office in Malaysia in 2008, Woori Bank is known to be the first and only Korean bank with a representative office in Malaysia, long signaling a major step forward in regional financial cooperation and foreign direct investment (FDI) facilitation.
This collaboration aims to provide enhanced banking solutions and advisory support for Korean companies investing in Malaysia. By combining AmBank’s deep local expertise and Woori Bank’s international banking network, both institutions are committed to fostering greater cross-border business connectivity, financial inclusion, and economic growth.
Under the agreement, both banks will actively provide financial services to support corporate clients’ business activities and market expansion focusing on areas such as:
- Facilitating investment and trade financing between Malaysia and South Korea
- Providing tailored financial solutions for Korean SMEs and corporates operating in Malaysia
- Supporting government-led FDI initiatives and cross-border business development
Christopher Yap, Managing Director of Business Banking, AmBank Group said, “AmBank is pleased to deepen our partnership with Woori Bank in line with our goal of driving FDI and facilitating financial solutions between Malaysia and Korea. This collaboration underscores our shared commitment to empowering businesses with the right financial solutions to grow across borders,”
Yoo, Hyoung Jin, Executive Vice President, Global Business Group, Woori Bank said, “Malaysia is a strategic trading partner and a vital base for Korean companies expanding into the ASEAN region. Through this partnership with AmBank, we aim to provide a more stable and efficient financial environment for Korean companies to conduct business in Malaysia,” adding, “This MOU represents a new model of practical cooperation between private financial institutions, in line with the growing economic exchange between Korea and Malaysia.”
The collaboration reflects the growing economic ties between Malaysia and Korea, with bilateral trade valued at approximately over USD 27 billion (MYR 113 billion) in 2025, and continued interest from Korean investors in sectors such as manufacturing, renewable energy, and digital infrastructure. Together, AmBank and Woori Bank reaffirm their commitment to empowering regional business growth, enhancing financial accessibility, and driving sustainable foreign investment across Asia.
