Form 6-K

 

 

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 October 2016

 

 

Woori Bank

(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 Bank’s Preliminary Financial Performance Figures

for the Third Quarter of 2016

The preliminary financial performance figures for Woori Bank for the nine-month period ended on September 30, 2016, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

 

Item

      3Q 2016      2Q 2016      % Change
Increase
(Decrease)		      3Q 2015      % Change
Increase
(Decrease)		  

Revenue*

      Specified Quarter         6,480,046         5,167,480         25.40         6,838,781         (5.25 ) 
     Cumulative Basis         18,723,120         12,243,074         —           16,213,712         15.48   

Operating Income

      Specified Quarter         440,118         392,849         12.03         396,081         11.12   
     Cumulative Basis         1,389,221         949,103         —           968,573         43.43   

Income before

Income Tax Expense

      Specified Quarter         448,275         345,760         29.65         402,303         11.43   
     Cumulative Basis         1,359,396         911,121         —           1,089,877         24.73   

Net Income

      Specified Quarter         359,392         311,283         15.46         325,075         10.56   
     Cumulative Basis         1,117,179         757,787         —           853,894         30.83   

Profit to the Equity Holders of the Parent Entity

      Specified Quarter         355,648         306,974         15.86         323,293         10.01   
     Cumulative Basis         1,105,914         750,266         —           840,150         31.63   

 

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

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.

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 Bank
    (Registrant)

Date: October 19, 2016

     By:  

/s/ Kwang-Seok Kwon

    (Signature)
    Name:   Kwang-Seok Kwon
    Title:   Managing Director