Global Trade Alert
Global Trade Alert

Republic of Korea: Korean Development Bank and the Export-Import Bank of Korea will invest $1.4 billion into Asiana Airlines

Announcement

19 Apr 2020

In April 2020 consistent media reports confirmed that the Korean Development Bank and Korea's Eximbank will invest $1.4 billion into Asiana Airlines, Korea's second-largest airline. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Apr 2020

Revocation date:

No revocation date

Updated: 19 Apr 2020
Capital injection and equity stakes (including bailouts) In force

On April 19th, 2020, the Korean Development Bank and the Export-Import Bank of South Korea announced it would inject $1.4 billion into Asiana Airlines, Korea's second-largest airline, amid financia...

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