Announcement
04 Aug 2021
On 4 August 2021, the Korean Ministry of SMEs and Startups launched a KRW 1 trillion loan guarantee scheme for small and medium-sized businesses.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Aug 2021
Revocation date:
No revocation date
Announced: 04 Aug 2021
Loan guarantee
In force
On 4 August, the Korean Ministry of SMEs and Startups announced a KRW 1 trillion (USD 875 million) loan guarantee scheme for small and medium-sized businesses from all sectors. Business owners can app...
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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: 29 Mar 2021
Republic of Korea: Korea Credit Guarantee Fund (KODIT) allocates KRW 1 trillion in loan guarantees to certain exporters
Removed: 30 Jun 2021
Republic of Korea: First 2021 supplementary budget worth KRW 14.9 trillion passes at National Assembly
Announced: 02 Mar 2021
Republic of Korea: Government creates Support Fund Plus
Announced: 01 Feb 2021
Republic of Korea: Government allocates KRW 12.8 trillion to SME loan scheme
Announced: 17 Dec 2019
Republic of Korea: Government publishes National Strategy for Artificial Intelligence
Announced: 14 Aug 2019
Republic of Korea: Korea Credit Guarantee Fund (KODIT) allocates KRW 800 billion in loan guarantees to SMEs
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