Announcement
14 Aug 2019
On 14 August 2019, the Korean Credit Guarantee Fund allocated KRW 800 billion in special loan guarantees to support the internal operations of local SMEs with exporting capacity or that are suppliers of exporting companies.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
14 Aug 2019
Revocation date:
No revocation date
Announced: 14 Aug 2019
Loan guarantee
In force
On 14 August 2019, the Korean Credit Guarantee Fund (KODIT) announced KRW 800 billion (USD 656 million) in loan guarantees for Korean small and medium-sized businesses in all sectors.
The objective of...
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Related State Acts
Announced: 29 Oct 2021
Republic of Korea: KODIT allocates KRW 570 billion to SMEs
Announced: 28 Sep 2021
Republic of Korea: Korea Credit Guarantee Fund (KODIT) allocates KRW 1 trillion in loan guarantees to SMEs
Announced: 04 Aug 2021
Republic of Korea: Ministry of SMEs and Startups launches KRW 1 trillion loan guarantee scheme
Announced: 29 Mar 2021
Republic of Korea: Korea Credit Guarantee Fund (KODIT) allocates KRW 1 trillion in loan guarantees to certain exporters
Announced: 01 Feb 2021
Republic of Korea: Government allocates KRW 12.8 trillion to SME loan scheme
Announced: 22 Sep 2020
Republic of Korea: Fourth supplementary budget announced; including $3.4bn of commercial support
Announced: 19 Mar 2020
Republic of Korea: $42.1bn COVID-19 'Financial Support Package' announced by several ministries
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