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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

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Affected Products

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