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Republic of Korea: IBK provides KRW 200 billion for SMEs participating in navy ship MRO Business

Description

On 30 March 2026, the Industrial Bank of Korea (IBK) announced KRW 200 billion (approx. USD 134 million) support for South Korean SMEs participating in the maintenance, repair and overhaul (MRO) busin...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Mar 2026

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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