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Republic of Korea: KODIT signs agreements with four commerical banks to provide KRW 1.2 trillion in guarantees

Description

On 26 March 2024, the Korean Credit Guarantee Fund (KODIT) announced signing two agreements with four major commercial banks which will allow KODIT to provide KRW 1.2 trillion (USD 894.8 million) in l...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Mar 2024

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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