Global Trade Alert
Global Trade Alert

Republic of Korea: Extension of guarantees on foreign-denominated debts acquired by domestic banks

Announcement

29 Apr 2009

In April 2009, the government of Republic of Korea announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

29 Apr 2009

Revocation date:

No revocation date

Loan guarantee In force

Following approval by the Korean National Assembly, that nation's government has extended its guarantee on foreign currency-denominated debts that are acquired or held by domestic banks on or before 3...

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