Korea Credit Guarantee Fund provides credit guarantees to small and medium-sized enterprises without tangible collateral.
Industry
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Also Known As
KODIT
IPO status
Private
Description
Founded in 1976, Korea Credit Guarantee Fund operates as an investment firm based in Daegu, South Korea. Its main objective is to support the balanced development of the national economy by extending credit guarantees to promising SMEs that lack tangible collateral. As a public financial institution, the company plays a crucial role in facilitating access to credit for these businesses, helping them overcome the barrier of limited collateral and fostering economic growth.