Mission
To contribute balanced growth of general economy of Korea through cooperative efforts among members of the association, by improving quality of the machineries and by developing defects aftercare and compensation system.
Legal basis of Establishment
Article 40 of the Industry Development Promotion Law
History
~ 20112020
- 2016.03
- Enforcement of 'Machinery Value / Performance Guarantee Project'
- 2015.06
- Enforcement of 'Construction Execution Guarantee'
- 2013.01
- Enforcement of English guarantee and foreign currency guarantee
- 2012.05
- Establishment of Jungbu branch
~ 20012010
- 2007.07
- Official name change to "Machinery Financial Cooperative"
- 2004.03
- Launching of internal electronic certification service
~ 19912000
- 1998.03
- Establishment of Gyeongin branch
~ 19811990
- 1988. 04
- Establishment of Youngnam branch
- 1987. 01
- Initiation of certification service
- 1986. 11
- License Grant from Minister of Commerce and Industry
- 1986. 07
- Inaugural assembly of machinery mutual aid association