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Global Trade Alert

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Republic of Korea: KODIT and Daegu Bank sign agreement to allocate KRW 100 billion in loan guarantees to Korean companies

Description

On 27 December 2021, the Korea Credit Guarantee Fund (KODIT) and Daegu Bank signed a cooperation agreement allowing for the allocation of KRW 100 billion (USD 84.2 million) in guarantees to Korean com...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Dec 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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