Announcement
23 Sep 2020
In September 2020, the Bank of Korea (BOK) announced investing a total of KRW 8 trillion in loan schemes in order to support SMEs in the context of the COVID-19 pandemic.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Oct 2020
Revocation date:
30 Sep 2021
Announced: 23 Sep 2020
State loan
On 23 September 2020, the Bank of Korea (BOK) announced a KRW 2 trillion (USD 2.5 billion) "equipment investment support" loan scheme. The scheme is open to start-ups as well as small and medium job-c...
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Implementation date
05 Oct 2020
Revocation date:
31 Mar 2021
Announced: 23 Sep 2020
State loan
On 23 September 2020, the Bank of Korea (BOK) announced a KRW 3 trillion (USD 2.5 billion) state loan scheme targeting small and medium-sized businesses regardless of sector. The scheme enters into fo...
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Announced: 23 Sep 2020
State loan
On 23 September 2020, the Bank of Korea (BOK) allocated KRW 3 trillion (USD 2.5 billion) to a state loan scheme targeting small and medium-sized businesses in the services sector. The scheme enters in...
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