[THE INVESTOR] South Korea’s Woori Bank and Indonesian mobile carrier Indosat Ooredoo on Aug. 29 signed an agreement to collaborate in developing services for transferring funds abroad.
Indosat is Indonesia’s second largest mobile carrier with 70 million subscribers.
Under the agreement, the two companies will cooperate in developing services concerning overseas transfers, and in promoting Woori Bank’s products through Indosat Ooredoo’s partners.