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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 an agreement with the Industrial Bank of Korea allowing for the allocation of KRW 402 billion (USD 300.1 million) in guarantees to Kore...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Apr 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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