Korea Credit Guarantee Fund (KODIT) is Korea’s leading policy financial institution specializing in credit guarantees.

Established in 1976 as a non-profit special legal entity, KODIT plays a pivotal role in enhancing SME access to finance and promoting the balanced development of the national economy.

With a capital fund of USD 8.4 billion, an outstanding guarantee portfolio of USD 54.1 billion, and serving over 508,600 companies, KODIT has established itself as a vital partner for enterprises across Korea.

Supported by a dedicated workforce of 2,707 employees, KODIT empowers businesses of all sizes to grow, innovate, and overcome financial barriers.

Driven by its mission of “Contribution to the Driving Force of Enterprises and the Balanced Development of National Economy,” and its vision to be “The Best Partner Promoting the Challenges and Growth of Enterprises,” KODIT continually strives to deliver customized and sustainable financial solutions.

KODIT’s strategic goals include leading the development of an innovative and dynamic economy, creating socially-based public services, and achieving sustainable growth alongside its customers.

By supporting SMEs, startups, and socially innovative enterprises, KODIT remains committed to fostering a vibrant and inclusive economic future.

The Korea Credit Guarantee Fund (KODIT) was established in 1976 by the Korean government to enhance SMEs’ access to finance and support economic growth.

Since its inception, KODIT has been at the forefront of financial innovation, continually strengthening credit support functions for small and medium-sized enterprises.

In 1995, KODIT introduced the Infrastructure Credit Guarantee scheme to facilitate financing for infrastructure projects, thereby expanding its role in supporting national development.

In 2000, KODIT launched the Primary Collateralized Bond Obligation (P-CBO) Guarantee program to assist SMEs and mid-sized companies in accessing capital markets directly.

In 2004, KODIT further enhanced support for SMEs by introducing the Accounts Receivable Insurance, aimed at mitigating the risks associated with delayed payments in commercial transactions and promoting stable business operations.

In 2005, KODIT diversified its financial support by implementing the Guarantee-aligned Equity Investment program, providing companies with broader growth opportunities beyond traditional credit guarantees.

In 2021, KODIT advanced its digital transformation and strategic management by implementing a comprehensive Information Strategy Plan, strengthening data-driven decision-making and institutional innovation.

In 2022, KODIT successfully hosted the Acsic Conference, fostering collaboration and knowledge exchange among credit guarantee institutions worldwide.

In 2023, KODIT launched the Green P-CBO Guarantee to support sustainable investments and promote ESG initiatives within the financial sector.

Looking ahead, in 2025, KODIT is scheduled to achieve significant milestones by securing its first international consulting contract from the European Bank for Reconstruction and Development (EBRD) and completing its first personnel dispatch to the Asian Development Bank (ADB), further solidifying its presence in global policy finance networks.

KODIT remains committed to its mission as a leading policy financial institution, expanding global partnerships and delivering innovative financial solutions to drive the sustainable growth of SMEs.

CHOI Won-mok (CEO & President)

MIN Jwa-hong (Chief Audit Executive)

LEE Seong-ju (Deputy President)

CHO Choong-haeng (Senior Executive Director)

LEE Joo-young (Senior Executive Director)

YEOM Jeong-won (Senior Executive Director)

CHAE Byeong-ho (Senior Executive Director)

 

LEE Sang-won (Non-executive Director)

KWON Taek gi (Non-executive Director)

PARK Myeong-ho (Non-executive Director)

PARK Hyeong-in (Non-executive Director)

JUNG Hwan (Non-executive Director)

CHOI Yu-mi (Non-executive Director)

KIM Seong-hyeon (Non-executive Director)

HWANG Seong-hyeok (Non-executive Director)