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Republic of Korea: Government allocates KRW 1.4 trillion under Hope Loan Plus scheme targeting SMEs

Description

On 3 January 2022, the Korean Ministry of SMEs and Startups and Korean Financial Services Commission invested KRW 1.4 trillion (USD 1.1 billion) in a loan scheme for all small and medium-sized busines...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jan 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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