Jungjingong, Ministry of Economy and Finance Fund Management Evaluation 'Excellent' for 4 Consecutive Years

Establishment of a Systematic Operation System

The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 31st that the Small and Medium Business Startup and Promotion Fund (hereinafter referred to as SMPF) received an 'Excellent' rating for the fourth consecutive year in the fund management evaluation conducted by the Ministry of Economy and Finance.

The fund management evaluation ratings are divided into six levels: Excellent, Very Good, Good, Average, Poor, and Very Poor. This year, among the 31 funds subject to evaluation, four funds including the SMPF received the 'Excellent' rating.

Small and Medium Business Corporation

SBC was recognized for the overall excellence of its management system, including the independence of the fund management system, securing expertise in the dedicated asset management organization, efficient decision-making, and preparation of response measures for each crisis stage. In particular, despite the structure of managing business execution standby funds on a short-term basis, it received high marks for achieving high returns through market interest rate forecasting and active product discovery.

The results of this evaluation will be reflected in the 2022 management evaluation and the 2024 fund management plan. Kim Hak-do, Chairman of SBC, stated, "We will do our best to promptly respond to the unstable financial market environment through the SMPF and to simultaneously satisfy the stability and profitability of fund management based on collaboration with regional financial institutions."

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