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Global Trade Alert

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Republic of Korea: KODIT signs agreements with IBK and 3 private banks to allocate KRW 1.84 trillion to Korean companies

Description

On 28 April 2023, the Korea Credit Guarantee Fund (KODIT) signed the "Financial Support Business Agreement for Core Strategic Industries" with 3 private banks. The agreement allows for the allocation ...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Apr 2024

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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