1. Reasons for Amendment

The contribution ratios under the Enforcement Rule of the Credit Guarantee Fund Act and the Enforcement Rule of the Korea Technology Finance Corporation Act are 2.25/1000 and 1.35/1000, respectively,  

whereas the contribution ratio under the Enforcement Decree of the Regional Credit Guarantee Foundation Act is only 0.4/1,000. It is, therefore, necessary to expand the guarantee resources of the Regional Credit Guarantee Foundation to compensate for losses due to subrogation by the Regional Credit Guarantee Foundation by increasing the statutory contribution ratio of financial companies and to provide guarantees to small or micro enterprises.

2. Major Provisions

 A. Increase the contribution ratio for financial companies (Article 5-3 (1) Attached Table) 

 Increase the contribution ratio for financial companies, etc., to 0.9/1,000 per annum

 Change the entire range from applying the differential contribution ratio as 0 (addition or subtraction is not applied) when the total subrogation amount is more than two times but less than three times compared to the total contribution amount in the previous half of the year to applying as 0 when the total subrogation amount is more than 1 times but less than 2 times