Military Mutual Aid Association Maintains Top Corporate Credit Rating for 19 Consecutive Years

Corporate Credit Rating of e-1 Achieved This Year

The Military Mutual Aid Association has successfully maintained its top credit rating for 19 consecutive years.

On April 25, the Military Mutual Aid Association announced that it had received an 'e-1 (AAA)' corporate credit rating in the 2025 corporate credit evaluation for submission to the Public Procurement Service and public institutions, conducted by the credit rating agency NICE D&B. This rating is equivalent to the AAA rating for general corporate bonds. The corporate credit rating for public institution bidding is divided into ten levels, ranging from the highest 'e-1 (AAA)' to 'e-10'.

NICE D&B evaluated, "The transaction creditworthiness of the Military Mutual Aid Association demonstrates the highest level of commercial performance capability."

Last year, the Military Mutual Aid Association surpassed 20 trillion won in assets, generated 925.8 billion won in business profit, and returned 571.4 billion won to its members in welfare benefits. Despite returning the largest amount in member welfare benefits in its history, the association achieved a net profit of 354.4 billion won, marking results exceeding 350 billion won for the second consecutive year. The capital surplus, a key indicator of financial soundness for mutual aid organizations, also reached an all-time high of 2.3264 trillion won. Capital surplus refers to the excess amount remaining after paying out principal and interest to members in a lump sum.

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