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Republic of Korea: Korean Financial Services Commission announces KRW 2 trillion in support for SMEs affected by Ukraine conflict

Description

On 4 March 2022, the Korean Development Bank, a state-run bank, allocated KRW 600 billion (USD 491 million) to small and medium-sized businesses through a state loan scheme entitled the "Small and Med...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Mar 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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