Korea Credit Guarantee Fund Achieves 'A Grade' in Management Performance Evaluation for Two Consecutive Years

Achieved Top A Grade Among 57 Quasi-Governmental Agencies
Outstanding Performance Including Policy Finance Support for Overcoming the COVID-19 Crisis

[Asia Economy Reporter Sim Nayoung] The Korea Credit Guarantee Fund (Chairman Yoon Daehee) announced on the 22nd that it has received an A grade for two consecutive years for the first time since its establishment in the '2021 Public Institution Management Performance Evaluation' hosted by the Ministry of Economy and Finance.

The 'Public Institution Management Performance Evaluation' has been conducted annually since 1983 to establish an autonomous and responsible management system for public institutions. The Korea Credit Guarantee Fund received the highest grade of A (Excellent) among quasi-governmental institutions this year as well as last year.

In this evaluation, the Korea Credit Guarantee Fund received high scores for its policy response efforts to overcome the COVID-19 crisis, outstanding performance achievements, and support for small and medium-sized venture businesses.

Last year, the Korea Credit Guarantee Fund supported policy financing worth a record high of 65.3 trillion KRW to help small businesses and small merchants overcome the crisis caused by the spread of COVID-19 as quickly as possible.

It was recognized for its contribution to carbon neutrality through active guarantee support in the renewable energy sector and received the Presidential Citation. The introduction of the 'SME Factoring' project and the 'Data Account Service' to resolve payment difficulties for small and medium-sized enterprises and establish a foundation for innovative financial support were also acknowledged as major achievements.

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