New Release, 45th Anniversary Ceremony... "Guarantee Scale 80 Trillion, Active Support for Small and Medium Enterprises"

Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund (top left), is delivering a greeting at the 45th anniversary founding ceremony held via non-face-to-face video conference at the Daegu headquarters on the 1st. Photo by Korea Credit Guarantee Fund

[Asia Economy Reporter Song Seung-seop] On the 1st, the Korea Credit Guarantee Fund held its 45th anniversary founding ceremony at its Daegu headquarters via a non-face-to-face video conference.

At the event, the organization's history was reviewed, and its role during the national economic crisis as well as the direction to take in the post-COVID-19 era were shared. This year, the Fund set its guarantee scale at a record high of 80 trillion won and plans to actively support small and medium-sized enterprises (SMEs) for economic recovery. It also decided to back the strengthening of global competitiveness in key industries such as semiconductors, automobiles, and shipbuilding, as well as the tangible achievements of the Korean New Deal.

Additionally, to invigorate the innovation growth ecosystem, it will fully support the scale-up of promising startups and provide new growth opportunities to excellent technology companies and venture firms. Plans were also made to transform into a data bank offering innovative financial services by utilizing high-level dynamic information and artificial intelligence.

Furthermore, the Fund resolved to establish an ESG (Environmental, Social, and Governance) management system reflecting public interest values, strengthen inclusive and eco-friendly support, and assist SMEs in transitioning to ESG management. Through an anti-corruption and integrity campaign targeting employees, it pledged to practice the "three no's" (no corruption, no sexual misconduct, no abuse of power).

Meanwhile, to commemorate the founding, social contribution activities for the local community were carried out. These included donating 2,500 “Shinbo Regional Coexistence Lunchboxes,” producing and donating upcycled flowerpots, and donations to facilities for people with severe disabilities.

Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund, emphasized, “The Fund will devote all its efforts to the solid growth recovery of SMEs and take the lead in creating a foundation for national economic advancement,” adding, “We will lead the innovative growth of SMEs and contribute to the major transition toward a leading economy.”

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