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Republic of Korea: Government allocates KRW 12.8 trillion to SME loan scheme

Description

On 1 February 2021, the South Korean Financial Services Commission announced the allocation of KRW 9.3 trillion (USD 8.3 billion) toward a loan scheme that targets small and medium-sized enterprises. ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Feb 2021

Revocation date

26 Feb 2021

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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