Selected as the Only "Excellent" Institution Under the Financial Services Commission for Four Consecutive Years
The Credit Guarantee Fund announced on April 22 that it received the highest grade, "Excellent," in the "2024 Public Institution Win-Win Growth Evaluation" announced by the Ministry of SMEs and Startups.
Among 134 public institutions evaluated, the Credit Guarantee Fund was the only institution under the Financial Services Commission to receive the highest grade for four consecutive years.
The Fund received high marks for operating various guarantee programs to promote cooperation between large and small-to-medium enterprises and to expand ESG management among SMEs, thereby contributing to the creation of a win-win growth ecosystem.
Last year, the Fund supported 553.4 billion KRW in "Joint Project Guarantees" for partner companies involved in large enterprise innovation projects, and supplied 220 billion KRW in "Domestic Co-Investment Guarantees" to SMEs and mid-sized companies investing domestically in partnership with large enterprises. Through these win-win growth specialized products, the Fund took the lead in fostering cooperation between large and small-to-medium enterprises.
Additionally, to support SMEs struggling with low-carbon transition, the Fund issued 256.6 billion KRW in "Green Asset-Backed Securities (G-ABS)" and operated various green finance programs such as the "Preferential Guarantee for Carbon-Neutral Companies," providing a total of 10.8 trillion KRW in guarantees to drive green growth among SMEs.
A Credit Guarantee Fund official stated, "Achieving the highest grade for four consecutive years is the result of our ongoing efforts for win-win growth with SMEs and to promote cooperation between large and small-to-medium enterprises." The official added, "We will not be complacent with this evaluation result and will further expand our initiatives as a policy finance institution to foster a win-win growth ecosystem."
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