Gyeonggi Credit Guarantee Foundation, 27th Anniversary Ceremony on the 20th... Credit Guarantees Surpass 45 Trillion Won

Si Seok-jung, Chairman of the Gyeonggi Credit Guarantee Foundation, is taking a commemorative photo with the foundation's executives and staff after holding the 27th anniversary celebration on the 20th.

The Gyeonggi Credit Guarantee Foundation held a founding anniversary event on the 20th at the Gyeonggi Hall of the Gyeonggi Institute of Economic Science Promotion located in Gwanggyo Techno Valley, Yeongtong, Suwon, to celebrate its 27th anniversary.

Gyeonggi Credit Guarantee Foundation is the only public financial institution in Gyeonggi Province that provides practical funding support through a credit guarantee system to small and medium-sized enterprises and small business owners in the province who lack collateral. It has responded quickly and proactively to numerous economic crises including the Asian Financial Crisis, the Global Financial Crisis, MERS and the Sewol ferry disaster, and the COVID-19 pandemic. As of 2023, the cumulative amount of credit guarantees supplied by Gyeonggi Credit Guarantee Foundation has surpassed 45 trillion won, contributing not only to the regional economy of Gyeonggi Province but also to the economic development of South Korea.

At the commemorative ceremony, Gyeonggi Credit Guarantee Foundation declared the "Joint Declaration for Labor-Management Win-Win Cooperation of Gyeonggi Credit Guarantee Foundation to Realize a Productive and Rational Labor-Management Relationship at the Center of Change and Opportunity in Gyeonggi."

Additionally, as part of efforts to spread a culture of integrity and promote anti-corruption within the institution, an "Integrity Pledge Ceremony for Employees" was held. Through the integrity pledge, employees committed to creating a corporate culture trusted for fair business practices, delivering customer satisfaction, and practicing transparent management. They also vowed to comply with integrity obligations stipulated by laws and regulations and to maintain dignified thoughts and actions with higher integrity.

Si Seok-jung, Chairman of Gyeonggi Credit Guarantee Foundation, stated, "Due to the complex crisis that occurred before the damage from COVID-19 could even recover, the fate of small and medium-sized enterprises and small business owners supporting our country's economy is as precarious as a candle in the wind." He emphasized, "Although various difficulties are expected this year as well, if Gyeonggi Credit Guarantee Foundation works with new perspectives, views, and methods, and strives to read and respond to changes in the market and customers, the crisis will soon become an opportunity."

He continued, "The labor and management of Gyeonggi Credit Guarantee Foundation will work together to create a workplace full of dreams and hope, a lively organization with smooth communication, so that it can be reborn as 'the business success partner of the residents leading the opportunity-driven Gyeonggi at the center of change.' We will definitely achieve our management goals of strengthening customized consulting functions at branches, proactively expanding guarantee funds necessary to overcome crises, and establishing a customer-centered regional guarantee system linking face-to-face and non-face-to-face services. Please continue to watch over the reliable and robust 27-year-old young Gyeonggi Credit Guarantee Foundation that will protect the regional economy of Gyeonggi Province with interest and affection," he added.

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