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Global Trade Alert

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Republic of Korea: KODIT allocates KRW 500 billion in loan guarantees to SMEs

Description

On 4 July 2022, the Korea Credit Guarantee Fund (KODIT) announced KRW 500 billion (USD 386 million) in loan guarantees to support Korean SMEs in their effort to implement carbon neutrality. The loan g...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Jul 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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