The Gyeonggi Credit Guarantee Foundation held its first 'Customer Advisory Committee' of the year to support and advise small and medium-sized enterprises (SMEs) and small business owners.


On the 27th, Gyeonggi Credit Guarantee Foundation announced on the 30th that it held the 'Appointment Ceremony for Customer Advisory Committee Members for SME and Small Business Support and On-site Consultation' and the '1st Customer Advisory Committee Meeting of 2025' at the 14th-floor conference room of its headquarters in Gwanggyo, Suwon.


The Customer Advisory Committee serves as a communication channel and policy proposal window to strengthen policy implementation centered on residents and the field, as well as demand-tailored guarantee support. By reflecting diverse opinions from the field into policies, it aims to increase residents' awareness and lead to practical system improvements. It has been regularly operated since 2023.


On this day, Gyeonggi Credit Guarantee Foundation appointed 7 new advisory committee members out of 11, replacing those whose terms had expired. The advisory committee members will serve as policy advisors for the foundation for the next two years.


Gyeonggi Credit Guarantee Foundation introduced its major guarantee products to the advisory committee members and shared the direction of credit guarantee support for overcoming the livelihood economy crisis this year.


Si Seok-jung, Chairman of the Gyeonggi Credit Guarantee Foundation, is presiding over the Customer Advisory Committee meeting on the 27th. Photo by Gyeonggi Credit Guarantee Foundation

Si Seok-jung, Chairman of the Gyeonggi Credit Guarantee Foundation, is presiding over the Customer Advisory Committee meeting on the 27th. Photo by Gyeonggi Credit Guarantee Foundation

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Si Seok-jung, Chairman of Gyeonggi Credit Guarantee Foundation, said, "Gyeonggi Credit Guarantee Foundation will continue to actively reflect voices from the field into policies so that companies in the province can overcome the economic downturn and grow steadily. We will devote all efforts to resident-centered and field-centered support," adding, "We ask the advisory committee to provide various advice to help recover the livelihood economy and strengthen field-centered policies."


Meanwhile, this year, Gyeonggi Credit Guarantee Foundation plans to promote management stability for SMEs and small business owners by flexibly responding to economic conditions based on a scenario-based management system and the '3GO, 1UP' strategy.


First, in preparation for changes in economic conditions, if the current situation continues, it will pursue sound and substantial management considering the balance between soundness and support. In case of economic deterioration, it has prepared two scenarios, including the introduction of emergency management that implements more aggressive guarantee support even at the expense of some soundness in consultation with Gyeonggi Province.



Additionally, it decided to promote more effective policy finance through the '3GO, 1UP' strategy.


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

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