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Description
On 3 August 2022, the Korean Financial Services Commission announced that the Industrial Bank of Korea (IBK), a state-run bank, will set up a business transformation fund worth KRW 145 billion (approx...
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Intervention Details
Intervention Type
Capital injection and equity stakes (including bailouts)
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
03 Aug 2022
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 Products
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