MG Credit Information Knocks on the Door of 100 Billion Won in Revenue

Transforming with AI and Expanding Business
Redefining the Growth Model for Saemaul Geumgo Subsidiaries

MG Credit Information (CEO Juncheol Park) is on the verge of surpassing 100 billion won in annual revenue for the first time since becoming a subsidiary of the National Credit Union Federation of Korea in 2013.

According to the company, as of November, cumulative revenue reached 94.2 billion won, and industry observers believe that achieving 100 billion won by the end of the year is virtually certain.

Juncheol Park, CEO of MG Credit Information

For the third quarter of this year, cumulative standalone results show revenue of 78 billion won and operating profit of 7.7 billion won, representing increases of 12% and 137%, respectively, compared to the same period last year.

The main drivers of this performance improvement are the expansion of contracts with existing clients, an increase in new orders, and the digital advancement of internal processes.

In particular, MG Credit Information has enhanced its early recovery capabilities for non-performing loans (NPLs) by operating a team of about 100 professional asset management personnel and upgrading its AI-based asset management system, thereby improving both work efficiency and recovery performance.

This is seen as having advanced the company’s risk management system to the next level.

The company is also accelerating its business structure reorganization.

It has strengthened its collaboration framework with MG AMCO, the asset management company of the credit union, and established a new subsidiary, MG Network, to specialize in customer management, thereby expanding its business portfolio.

Based on these initiatives, the company plans to build an “integrated growth engine” encompassing asset, debt, and customer management.

CEO Juncheol Park stated, “Our goal for 2026 is to achieve balanced growth across all areas of our business,” adding, “We will make next year the first year of MG Credit Information’s second leap forward by advancing our AI-based next-generation management system and launching new businesses such as a certified electronic document storage service.”

Among the subsidiaries within the Saemaul Geumgo Group, MG Credit Information is achieving the fastest digital transformation, rewriting its growth formula based on the three pillars of technology, expertise, and organizational capability.

Attention is focused on what changes the company will bring to the broader asset management industry, going beyond simply increasing its revenue scale.

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