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 2020

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  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Woori Financial Group’s Preliminary Financial Performance Figures

for the First Half of 2020

The preliminary financial performance figures for Woori Financial Group for the six-month period ended on June 30, 2020, on a consolidated basis, are as follows.

(Units: millions of KRW,     %)

Item		1H 2020		2H 2019		% Change Increase (Decrease)		1H 2019		% Change Increase (Decrease)
Revenue*	Specified Half		14,686,043		10,622,480		38.25		12,111,783		21.25
	Cumulative Basis		14,686,043		22,734,263		—		12,111,783		21.25
Operating Income	Specified Half		1,172,418		1,089,564		7.60		1,710,412		-31.45
	Cumulative Basis		1,172,418		2,799,976		—		1,710,412		-31.45
Income before	Specified Half		1,033,841		994,967		3.91		1,728,082		-40.17
Income Tax Expense	Cumulative Basis		1,033,841		2,723,049		—		1,728,082		-40.17
Net Income	Specified Half		773,983		765,633		1.09		1,271,963		-39.15
	Cumulative Basis		773,983		2,037,596		—		1,271,963		-39.15
Profit to the Equity Holders of the Parent Entity	Specified Half		660,514		692,519		-4.62		1,179,688		-44.01
	Cumulative Basis		660,514		1,872,207		—		1,179,688		-44.01

The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

* Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).

Woori Bank’s Preliminary Financial Performance Figures

for the First Half of 2020

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Financial Group, for the six-month period ended on June 30, 2020, on a consolidated basis, are as follows. (Units: millions of KRW,     %)

Item		1H 2020		2H 2019		% Change Increase (Decrease)		1H 2019		% Change Increase (Decrease)
Revenue*	Specified Half		13,836,037		9,887,430		39.94		11,402,588		21.34
	Cumulative Basis		13,836,037		21,290,018		—		11,402,588		21.34
Operating Income	Specified Half		1,037,630		994,317		4.36		1,597,300		-35.04
	Cumulative Basis		1,037,630		2,591,617		—		1,597,300		-35.04
Income before	Specified Half		903,916		1,095,953		-17.52		1,547,807		-41.60
Income Tax Expense	Cumulative Basis		903,916		2,643,760		—		1,547,807		-41.60
Net Income	Specified Half		682,077		280,678		143.01		1,246,387		-45.28
	Cumulative Basis		682,077		1,527,065		—		1,246,387		-45.28
Profit to the Equity Holders of the Parent Entity	Specified Half		677,941		273,144		148.20		1,232,403		-44.99
	Cumulative Basis		677,941		1,505,547		—		1,232,403		-44.99

The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

* Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).

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 27, 2020	By: /s/ Kyong-Hoon Park
	(Signature)
	Name:	Kyong-Hoon Park
	Title:	Deputy President