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

Description

On 27 March 2025, the Korean Credit Guarantee Fund (KODIT) announced signing an agreement with three major commercial banks which will allow KODIT to provide KRW 1.2 trillion (USD 818.9 million) in lo...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Mar 2025

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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