Happy Credit Card Guarantee - KODIT

Introduction

‘Happy Credit Card Guarantee’, which was introduced in September 2012, is a hybrid product that covers credit guarantee for company credit cards, loans for automatic payments of credit card and withdrawal of cash at any time within the credit line of guaranteed loan.

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Performance

In 2012, KODIT has provided KRW 18.4 billion ‘Happy Credit Card Guarantee’ to 210 SMEs and contributed greatly to the mitigation of temporary financial crunch of SMEs.