UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2025
Commission File Number: 001-31811
Woori Financial Group Inc.
(Translation of registrant’s name into English)
51, Sogong-ro, Jung-gu, Seoul, 04632, Korea
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Addition of Direct Subsidiaries
On July 1, 2025, Woori Financial Group Inc. (“Woori Financial Group”) disclosed the addition of TONGYANG Life Insurance Co., Ltd. and ABL Life Insurance Co., Ltd. as its direct subsidiaries.
Key Details
| Company name |
TONGYANG Life Insurance Co., Ltd. |
ABL Life Insurance Co., Ltd. |
||||||
| Primary area of business | Life Insurance | Life Insurance | ||||||
| Key financial figures (as of December 31, 2024, on a consolidated basis, in millions of KRW) 1) Total assets 2) Total liabilities 3) Total stockholders’ equity 4) Capital stock |
|
34,547,212 32,580,517 1,966,695 806,793 |
|
|
18,764,350 18,068,077 696,273 15,534 |
| ||
| Share ownership ratio upon addition as a direct subsidiary | 75.34 | % | 100.00 | % | ||||
| Proportion of the payment made for the share purchase compared to Woori Financial Group’s total assets upon addition as a direct subsidiary (as of December 31, 2024 on a non-consolidated basis) |
4.9 | % | 1.0 | % | ||||
| Date of addition | July 1, 2025 (Representing the closing date of the share transfers |
|||||||
| Total number of direct subsidiaries of Woori Financial Group after the addition of both TONGYANG Life Insurance Co., Ltd. and ABL Life Insurance Co., Ltd. as direct subsidiaries | 16 | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Woori Financial Group Inc. | ||||||
| (Registrant) | ||||||
| Date: July 1, 2025 | By: | /s/ Sung-Wook Lee | ||||
| (Signature) | ||||||
| Name: Sung-Wook Lee | ||||||
| Title: Deputy President | ||||||