Yoon Dae-hee, Chairman of Shinbo, Introduces Shinbo's Role in COVID-19 Response to the World

Introduction to Shinbo's COVID-19 Crisis Response Strategies and Innovative Finance Cases

[Asia Economy Reporter Park Sun-mi] Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund (KODIT), shared KODIT's role in responding to COVID-19 with related organizations for small and medium enterprises (SMEs) worldwide during an interview hosted by the International SME Finance Forum (SMEFF).

According to KODIT on the 12th, Chairman Yoon recently expressed his views as an economic expert on timely topics such as ▲diagnosis and outlook of the economic crisis caused by COVID-19, ▲KODIT's crisis response strategy through the 4th supplementary budget allocation, ▲cases of KODIT's innovative finance initiatives, and ▲the development direction of SME finance in the post-COVID era during an interview conducted via a non-face-to-face online real-time video conference.

The International SME Finance Forum was established in 2012 as a subsidiary organization of the International Finance Corporation (IFC) to improve financial accessibility and promote inclusive finance for SMEs worldwide. It is an international organization with 205 financial institutions, fintech companies, and SME associations as members globally.

Matthew Gamser, CEO of SMEFF and the interviewer, said, “It was a valuable time to foresee the future of SME finance in the post-COVID era through KODIT’s strategies and experiences as a central player in SME financial support, and the insights of Chairman Yoon, an economic expert with extensive national policy experience.”

Chairman Yoon stated, “This interview was a meaningful opportunity to introduce to SME stakeholders worldwide the role KODIT is playing in overcoming the crisis facing the Korean economy and SMEs,” adding, “We will actively strive to lead the future of SME finance after the COVID-19 economic crisis through innovative finance.”

This content was produced with the assistance of AI translation services.