Chungnam Credit Guarantee Foundation Receives Prime Minister's Institutional Commendation

Recognized for Contributions to Regional Economic Innovation
and Financial Support for Small Businesses

On September 18, the Chungnam Credit Guarantee Foundation received the Prime Minister's Institutional Commendation for its contributions to the development of local public institutions at the commemorative ceremony for the '2025 Regional Economic Innovation Expo and the 20th Local Public Institutions Day,' held at the Daejeon Convention Center.

This award, hosted by the Ministry of the Interior and Safety and organized by The Korea Times and the Local Public Enterprise Evaluation Institute, is a government commendation given to institutions that have contributed to community development and management innovation.

Since its establishment in 1998, Chungnam Credit Guarantee Foundation has served as a financial safety net for small businesses and small merchants in the province for the past 27 years.

In particular, during the COVID-19 pandemic, the foundation supported small business owners in overcoming management crises by providing emergency credit guarantees totaling 4.5 trillion won.

Additionally, the foundation established a regionally tailored financial support system, including specialized guarantees for smart farms and special guarantees funded by city and county governments, and expanded its support network to underserved areas by setting up branch offices in all cities and counties.

The foundation also received high marks for strengthening its non-face-to-face guarantee infrastructure, such as upgrading the 'Bojeung Dream' app and introducing an AI call center, as well as for providing education and consulting support for start-ups.

Chairman Cho Sohang stated, "This commendation is the result of the collective efforts of all our executives and staff," adding, "We will continue to grow together with the residents of the province and faithfully serve as a pillar of the regional economy."

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