[New Year's Address] Yoon Dae-hee, Shinbo Chairman, "Strengthening Policy Implementation Functions for South Korea's Economic Recovery"
[Asia Economy Reporter Kwon Haeyoung] Yoon Daehee, Chairman of the Korea Credit Guarantee Fund, expressed his determination to "further strengthen the policy execution function of the Credit Guarantee Fund to restore the fundamentals and enhance the dynamism of the Korean economy" in his New Year's address at the opening ceremony held at the Daegu headquarters on the 2nd.
Chairman Yoon stated, "Since the total guarantee amount has been set at 54 trillion won, an increase of 3 trillion won from last year, we must focus our capabilities on strengthening the economic foundation, including support for key industries such as the materials, parts, and equipment industry, smart manufacturing innovation, job creation expansion, and export revitalization." He added, "We will actively strive to lead the 'quantum jump and great leap' of the Korean economy by providing financial support at each growth stage and promoting private investment attraction so that innovative startups can grow into unicorn companies that change the industrial paradigm."
He also announced plans to accelerate the discovery of future new businesses that will proactively lead new changes, such as the establishment of a big data-based 'Korean-style Paydex' combining high-quality corporate information and credit investigation know-how, and the implementation of a 'digital financial platform' to lead the data market. Furthermore, they plan to develop various products utilizing non-face-to-face transaction processes to provide services that meet customer expectations.
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Chairman Yoon quoted Einstein's saying, "You cannot grasp new ropes unless you let go of the old ones you are holding," and urged, "We must firmly move forward for future innovative growth with a creative spirit of challenge." He encouraged, "As we start a new decade, let us become the growth engine of the Republic of Korea and vigorously strive for the dynamic takeoff of the Korean economy and small and medium-sized enterprises."
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