Woori Card Co., Ltd. signed an agreement to acquire a 82.03% stake in PT Batavia Prosperindo Finance Tbk (IDX:BPFI) from Markus Dinarto Pranoto and other shareholders on March 4, 2022. The transaction is subject to regulatory approval. The transaction is expected to closed in third quarter of 2022. As of June 27, 2022, antitrust approval has been received.

Woori Card Co., Ltd. completed the acquisition of a 82.03% stake in PT Batavia Prosperindo Finance Tbk (IDX:BPFI) from Markus Dinarto Pranoto and other shareholders on September 1, 2022. Ernst & Young Advisory Services Indonesia acted as due diligence provider to PT Woori Finance Indonesia Tbk (IDX:BPFI).