Jinwoo Park, Chairman of Daegu Shinbo, "2 Trillion Won Credit Guarantee for Small Business Owners This Year"

Daegu Credit Guarantee Foundation (Chairman Park Jin-woo) announced that it held the 2025 opening ceremony with all executives and employees at the Daegu Credit Guarantee headquarters on the 10th.

In his New Year's address, Chairman Park Jin-woo urged, "Let us give great hope to small business owners with the attitude of ‘Suchojakju (隨處作主)’. Let us create greater value through new challenges and innovation."

Park Jin-woo, Chairman of Daegu Shinbo, is holding the opening ceremony.

Chairman Park declared that the key tasks to be promoted in 2025 are expanding and strengthening guarantee supply, securing contributions, and enhancing organizational capabilities.

Looking into the detailed contents of overlapping tasks, regarding the expansion and strengthening of guarantee supply, Daegu Credit Guarantee announced the ‘2025 Comprehensive Support Plan for Small Enterprises and Small Business Owners’ on the 7th. It plans to support a total credit guarantee supply of 2 trillion KRW, an increase of 300 billion KRW compared to the previous year, and will actively work to revitalize the small business economy by implementing the ‘2025 Daegu Financial Support Package’ and the ‘Special Guarantee for Alleyway Commercial District Revitalization’.

Regarding the strengthening of securing contributions, Daegu Credit Guarantee set a goal to secure 60 billion KRW in contributions this year, following the exceeding achievement of last year’s contribution formation target of 47 billion KRW. To this end, it plans to secure financial resources for guarantee supply to help local small business owners overcome management crises and maintain fiscal soundness through active cooperation with financial institutions, local governments, and related organizations.

Lastly, concerning the enhancement of organizational capabilities, Daegu Credit Guarantee reorganized its structure as of January 1 to expand its role as the only policy finance public institution in Daegu and strengthen its institutional business capabilities. In addition, it plans to strengthen overall organizational capabilities through the establishment of new branches in the first half of this year and the promotion of a new ESG management strategy.

Chairman Park Jin-woo stated, “In 2025, we will prioritize the revitalization of local small enterprises and small business owners and strengthen our role as a comprehensive support partner,” adding, “We will create greater value through new challenges and innovation.”

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