Woori Financial Group, a leading financial conglomerate in South Korea, has established a 100 billion won fund to provide liquidity to the struggling real estate project financing (PF) sector. The fund, raised through contributions from the group's subsidiaries, aims to expedite debt restructuring for high-risk businesses facing potential insolvency and liquidity challenges. It is the first initiative in the local financial sector to provide capital to those seeking to acquire projects at risk of public and private auctions, as well as to provide relief to large-scale PF projects backed by syndicated loans but facing temporary difficulties. This latest move brings Woori's total contribution to real estate PF sector stabilization efforts to over 200 billion won. Real estate PF loans have become a significant risk to the Korean economy, with the local financial sector's total exposure to these loans standing at 216.5 trillion won, and a significant portion rated as either "caution" or "at risk of insolvency." Woori Financial Group's commitment to supporting the soft landing of the real estate PF sector and mitigating the risk of broader financial instability is evident in its establishment of this fund, which is expected to play a crucial role in normalizing the real estate PF market while strengthening the group's profitability and asset management capabilities.