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Republic of Korea: KODIT signs agreements with NH Nonghyup Bank to provide KRW 600 billion in guarantees to SMEs

Description

On 28 May 2024, the Korean Credit Guarantee Fund (KODIT) announced signing an agreement with the commercial NH Nonghyup Bank which will allow KODIT to provide KRW 600 billion (USD 441.8 million) in lo...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 May 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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