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Republic of Korea: Ministry of SMEs and Startups launches KRW 1 trillion loan guarantee scheme

Description

On 4 August, the Korean Ministry of SMEs and Startups announced a KRW 1 trillion (USD 875 million) loan guarantee scheme for small and medium-sized businesses from all sectors. Business owners can app...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Aug 2021

Revocation date

No revocation date

Implementation level

National

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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