Korea Credit Guarantee Fund Holds Joint Webinar with European Mutual Guarantee Association

Introduction to Shinbo's Innovative Financial Cases in the Era of Digital Transformation

Yoon Dae-hee, Chairman of Shinbo, is delivering the opening remarks at a webinar jointly hosted with the European Mutual Guarantee Institutions Association.

[Asia Economy Reporter Ki Ha-young] The Korea Credit Guarantee Fund (KODIT) announced on the 11th that it held a joint webinar (web + seminar) with the European Association of Guarantee Institutions (AECM), an alliance of 48 guarantee institutions from 30 European countries, under the theme "Innovative Financial Cases in Korea Facing the Era of Digital Transformation."

About 50 SME support experts from KODIT and AECM member institutions in France, Spain, Austria, and other countries participated in this webinar to discuss the role of guarantee institutions amid the recent shift to the digital era and to explore future development plans together.

At the webinar, KODIT presented on topics including its role and achievements during the economic crisis caused by the novel coronavirus disease (COVID-19), cases of innovative finance by KODIT, the current status of KODIT's ICT systems, and directions for future development, followed by a discussion session with participants.

Considering the importance of policy exchange to overcome the economic crisis amid the prolonged COVID-19 pandemic, KODIT held this non-face-to-face online international conference and plans to expand such virtual meetings in the future.

Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund, said in his opening remarks, "International cooperation and digital innovation are crucial to overcoming the global economic crisis caused by COVID-19," adding, "I hope this webinar will serve as a knowledge-sharing platform where Korea and Europe can share innovative knowledge and engage in international discussions to support SMEs."

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