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Republic of Korea: KODIT signs agreement with Hana Bank and Kookmin Bank to allocate KRW 580 billion in loan guarantees to Korean companies

Description

On 6 April 2023, the Korea Credit Guarantee Fund (KODIT) signed an agreement with Hana Bank and Kookmin Bank that allows for the allocation of KRW 580 billion (USD 440 million) in loan guarantees to K...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

06 Apr 2023

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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