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.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
10 Feb 2020
Revocation date:
No revocation date
Announced: 27 Dec 2021
Republic of Korea: Government provides more than KRW 5.2 trillion in support for SMEs in first Small Business Quarantine Subsidy scheme
Announced: 24 Nov 2021
Republic of Korea: Government allocates KRW 1.7 trillion to loan schemes targeting SMEs
Announced: 30 Jul 2021
Republic of Korea: Government allocates KRW 3.8 trillion to rent relief loan program
Announced: 30 Jul 2021
Republic of Korea: Government increases loan scheme to SMEs by KRW 200 billion
Announced: 24 Jul 2021
Republic of Korea: Second 2021 supplementary budget worth KRW 34.9 trillion passes at National Assembly
Removed: 30 Jun 2021
Republic of Korea: First 2021 supplementary budget worth KRW 14.9 trillion passes at National Assembly
Announced: 01 Feb 2021
Republic of Korea: Government allocates KRW 12.8 trillion to SME loan scheme
Announced: 30 Dec 2020
Republic of Korea: Government creates Small Businesses Support scheme
Announced: 22 Sep 2020
Republic of Korea: Fourth supplementary budget announced; including $3.4bn of commercial support
Announced: 22 Apr 2020
Republic of Korea: MOEF holds fifth 'Crisis Management Policy' meeting - support measures targeting 'basic industries' announced
Announced: 05 Apr 2020
Republic of Korea: National Eximbank announces extra $162m of COVID-19 support funding for SMEs
Announced: 25 Mar 2020
Republic of Korea: Korea Eximbank announces $1.6bn in support for firms with reduced export income from COVID-19
Announced: 19 Mar 2020
Republic of Korea: $42.1bn COVID-19 'Financial Support Package' announced by several ministries
Announced: 19 Mar 2020
Republic of Korea: Government announces emergency financial support package of $40bn
Announced: 28 Feb 2020
Republic of Korea: Eximbank announces removal of interest rate on $823m of loans to SMEs to combat COVID-19
Announced: 17 Feb 2020
Republic of Korea: Introduction of financial support for certain firms following COVID-19 outbreak
Announced: 12 Feb 2020
Republic of Korea: MOEF announces more support measures for domestic firms to guard against COVID-19
Announced: 07 Feb 2020
Republic of Korea: MOEF announces provision of $1.6bn in preferential loans to help struggling SMEs
Announced: 03 Feb 2020
Republic of Korea: Government invests KRW 4.5 trillion in loan scheme targeting SMEs
Announced: 01 Jan 2020
Republic of Korea: Government invests over KRW 1 trillion in Management Stabilization Fund for SMEs
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