According to data submitted by the Korea Technology Finance Corporation (KOTEC) and the Korea Credit Guarantee Fund (KODIT) to Rep. Kim Won-il’s office of the Democratic Party of Korea, the total amount of subrogation claims paid by the two organizations in 2025 reached 4.0039 trillion won, setting a new high in nearly ten years and up 49.85% from 2.6719 trillion won in 2016.
Core data on 2025 subrogation claims: ten-year increase of 49.85%
Based on official data submitted by KOTEC and KODIT to Rep. Kim Won-il’s office, the detailed figures for subrogation claims in 2025 are as follows:
KOTEC (direct guarantee): Subrogation amount 1.5677 trillion won; subrogation rate 4.76%
KODIT (general guarantee): Subrogation amount 2.4362 trillion won; subrogation rate 3.9%
Combined total of both organizations: 4.0039 trillion won; a new high in nearly ten years
Long-term comparison: Up 49.85% from 2.6719 trillion won in 2016
The main source of funds for subrogation claims comes from government appropriations; as the scale of subrogation claims grows, it may have negative effects on national finances.
Accident amounts and number of accident cases in 2025
According to the same set of data, in 2025, loan-guarantee accidents (resulting from delinquencies or defaults) for both organizations also hit historical highs. KOTEC’s accident amount was 1.5563 trillion won, involving 4,908 accident companies, with a guaranteed accident rate of 5.20%. KODIT’s accident amount was 2.2966 trillion won, involving 12,921 accident cases, with a guaranteed accident rate of 3.7%.
Lowest recovery rate in nearly ten years: KOTEC special claims at 0.50%, KODIT at 2.7%
In terms of debt recovery, the recovery rates for both organizations in 2025 fell to the lowest levels in nearly ten years. KOTEC’s overall recovery rate for compensation payments was 4.98%, but the recovery rate for special claims was only 0.50%. KODIT’s recovery rate was 2.7%.
FAQ
What was the total amount of subrogation claims by KOTEC and KODIT in 2025, and what record did it set?
According to data submitted by the two organizations to Rep. Kim Won-il’s office, KOTEC’s subrogation claims in 2025 were 1.5677 trillion won and KODIT’s were 2.4362 trillion won, for a combined total of 4.0039 trillion won. This set a new high in nearly ten years and was up 49.85% from 2016.
What is the main source of funding for subrogation claims?
According to the explanation in the original text, the main source of funds for subrogation claims by KOTEC and KODIT is government appropriations; as the scale of subrogation claims increases, it may have negative impacts on the national budget.
What were the recovery rates for KOTEC and KODIT in 2025?
Based on official data, in 2025 KOTEC’s overall recovery rate for compensation payments was 4.98% (special claims were only 0.50%), and KODIT’s recovery rate was 2.7%. Both were the lowest levels in nearly ten years.
