Global Trade Alert
Global Trade Alert

Republic of Korea: Government invests KRW 4.5 trillion in loan scheme targeting SMEs

Announcement

03 Feb 2020

On 3 February 2021, the South Korean Financial Services Commission allocated 4.5 trillion to a loan scheme targeting Korean small and medium businesses. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

10 Feb 2020

Revocation date:

No revocation date

State loan In force

On 3 February 2020, the South Korean Financial Services Commission announced the allocation of KRW 4.5 trillion (USD 3.8 billion) toward a loan scheme that targets small and medium-sized enterprises. ...

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