PVI Insurance Corporation (PVI Insurance) has officially signed a partnership with Woori Vietnam Bank to distribute PVI’s insurance products to customers. Under this agreement, the insurance products will be offered through Woori Bank’s network of 26 branches and transaction offices nationwide, providing customer of Woori Bank in Vietnam access to a diverse range of new insurance services from PVI.
During the signing ceremony, Mr. Choi Je Won, Head of Sales Promotion Unit at Wooribank Vietnam, congratulated both companies on their comprehensive and sustainable partnership based on principles of equality, mutual benefit, and trust. He emphasized that this marks a significant milestone for both sides. Woori Vietnam aims to leverage its extensive customer service network, reputable banking services, and advanced technology to enhance this important distribution channel.
Mr. Pham Thanh Vinh, Deputy General Director of PVI Insurance, expressed confidence that this partnership will yield numerous benefits and efficiencies for both parties. He also views this as a starting point for further long-term collaboration between the two leading brands in the finance and insurance sectors of their respective countries, ultimately providing the best services for customers.
About Woori Bank Vietnam
Woori Bank Vietnam iis a key unit in the global network of Woori Bank, based in Seoul, South Korea. The bank first entered Vietnam in 1997 and officially established its headquarters in Hanoi in 2017. Since then, Woori Vietnam has rapidly progressed to become the largest foreign bank by capital in Vietnam, increasing its charter capital to 12.5 trillion VND at the beginning of 2024.
Woori Vietnam Bank is committed to providing superior financial services that effectively meet the needs of both individual and corporate clients. The bank continuously adapts its products and services to align with market characteristics, striving to maintain customer trust and innovate to deliver comprehensive solutions. Through these efforts, Woori Vietnam is evolving into a trustworthy and long-term financial partner, contributing to Vietnam’s development and prosperity.
About PVI Insurance
With nearly 30 years of experience, PVI Insurance is a leader in the general insurance market in Vietnam, boasting an extensive network and the fastest growth rate in the sector. As a pioneer in information technology and product development, PVI has successfully launched numerous insurance programs through e-commerce partners, receiving customers’ high ratings.
In addition to leading in revenue and profit, PVI Insurance has recently increased its charter capital twice in 2024, making it the largest company by capital in the general insurance market.
PVI Insurance is also the first and only general insurance company to receive an international financial strength rating of A- (Excellent) and an issuer credit rating of “A-” (Excellent). PVI ranked among the Top 10 reputable general insurance companies in Vietnam in 2024 and has been recognized as one of the top 50 best-performing companies in Vietnam for four consecutive years (2021-2024).
