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 2003

                        Woori Finance Holdings Co., Ltd.
                        --------------------------------
                 (Translation of registrant's name into English)

                 203, Hoehyon-dong, 1-ga, Chung-gu, Seoul, 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  X      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.

          Indicate by check mark whether by furnishing the information contained
in this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                         Yes _____      No   X
                                             -



       Extraordinary Shareholders' Meeting Resolution of Woori Credit Card

A resolution was passed at an extraordinary shareholders' meeting held by Woori
Credit Card to appoint new directors.

Key Details Extraordinary Shareholders' Meeting


Date : October 10, 2003

Resolution Details : Appointment of new directors
                     . Jong-Koo Min  CEO and President
                     . Hwan-Kyu Park  Statutory Auditor and Director


Woori Credit Card is a wholly-owned subsidiary of Woori Finance Holdings Co.,
Ltd.



                                   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 Finance Holdings Co., Ltd.
                                        ---------------------------------------
                                        (Registrant)



       Date: October 10, 2003           By:  /s/ Won Gihl Sohn
                                        ---------------------------------------
                                        (Signature)

                                        Name:   Won Gihl Sohn
                                        Title:  Managing Director