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Description
On 11 August 2023, the Industrial Bank of Korea (IBK) announced providing KRW 300 billion (USD 226.2 million) in "operating capital and facility damage recovery funds" to small business owners and SME...
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Intervention Details
Intervention Type
State aid, unspecified
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
11 Aug 2023
Revocation date
No revocation date
Implementation level
NFI
Affected flow
Inward
Announced as temporary
No
Eligible firms
SMEs
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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