Gyeonggi Credit Guarantee Foundation Surpasses 28 Trillion Won in Guarantee Scale for the First Time in 24 Years
[Asia Economy (Suwon) = Reporter Lee Young-gyu] The guarantee supply scale of Gyeonggi Credit Guarantee Foundation has surpassed 28 trillion won.
Gyeonggi Credit Guarantee Foundation announced on the 20th that the guarantee scale exceeded 28 trillion won in 24 years since its establishment, marking the highest record among the 16 regional credit guarantee foundations nationwide.
Since its founding, Gyeonggi Credit Guarantee Foundation has supported 11,800,000 small and medium-sized enterprises with 14.9595 trillion won and 688,000 small business owners with 13.0568 trillion won, totaling 28.0163 trillion won.
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A representative of Gyeonggi Credit Guarantee Foundation stated, "As a result of the company-wide efforts of executives and employees to support companies affected by COVID-19 this year, the total guarantee amount reached 28 trillion won as of the 20th of this month, establishing itself as the top guarantee institution nationwide."
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