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The purpose of CG is to achieve sound development of construction business by providing guarantee,
Loan and Insurance services required by CG members to facilitate autonomous economic activities and enhanced economic position of CG members.
2018 ~ 2011
Launched fire comprehensive insurance product
Launched executives and employees’ liability comprehensive insurance product
Maintained international credit rating of A+ for 5 consecutive years (A.M. Best)
Maintained international credit rating of A for 7 consecutive years (Fitch Ratings)
Opened Sejong Field golf practice center
Launched group casualty insurance product
Opened e-Document Submission system
A.M.Best A+/Stable rating obtained
50th anniversary of foundation
Adopted construction machinery rental payment guarantee system
2013. 1050th anniversary of
Construction Guarantee
Obtained "A" rating from international credit rating agency Fitch Ratings
Grand opening of Sejong Field Golf Club
Adopted comprehensive payment guarantee system
Changed operation method of insurance business to internal underwriting insurance
2012. 09Grand opening of Sejong
Field Golf Club
Guarantee balance exceeded 100 trillion Won
Introduced Escrow Trust system for joint management of advance payments
Established 'CG2020 Management Strategy'
Initial sale after completion of Pyeongtaek construction site completed under CGC
guarantee after default of construction contractor
2010 ~ 2000
Opened Next Generation system
Expanded total guarantee limit (30 times)
2010. 09 Opened Next Generation system
Lump-sum subcontractor payment guarantee system adopted for the first time domestically
Overseas worker casualty insurance and finished contracted works insurance product launched
Installed defect dispute support center, Commenced Business compensation liability insurance business
Commenced Construction contracted works insurance business
Commenced Workers’ casualty insurance business
Announced New CI, 'CG‘
Adopted Electronic Transaction Guarantee system
1999 ~ 1963
Abolished Joint surety system, adopted full-fledged credit transaction
Opened Construction Management Training Center
1999. 04 Opened Construction Management
Training Center
Insurance cooperative provisions are integrated and stipulated in the 「Framework Act on the Construction Industry」
Adopted Credit Evaluation system
Korea Specialty Contractor Financial Cooperative separated from the Korea Construction Financial Cooperative.
Held the first general assembly meeting
「Korea Construction Financial Cooperative Act 」 enacted and promulgated (Law No.1382)
1963. 10 Held the first general assembly meeting