Announcement
04 Mar 2022
On 4 March 2022, the Korean Financial Services Commission announced KRW 2 trillion in support for small and medium-sized businesses affected by the conflict in Ukraine.
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Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 Mar 2022
Revocation date:
No revocation date
Announced: 04 Mar 2022
Trade finance
In force
On 4 March 2022, the Export-Import Bank of Korea, a state-run entity, allocated KRW 500 billion (USD 410 million) to small and medium-sized businesses through a state loan scheme entitled the "Ukraine...
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Announced: 04 Mar 2022
State loan
In force
On 4 March 2022, the Industrial Bank of Korea, a state-run bank, allocated KRW 700 billion (USD 573 million) to small and medium-sized businesses through a state loan scheme entitled the "Liquidity Su...
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Announced: 04 Mar 2022
State loan
In force
On 4 March 2022, the Korean Development Bank, a state-run bank, allocated KRW 200 billion (USD 163 million) to small and medium-sized businesses through a state loan scheme entitled the "Korea Special...
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Announced: 04 Mar 2022
State loan
In force
On 4 March 2022, the Korean Development Bank, a state-run bank, allocated KRW 600 billion (USD 491 million) to small and medium-sized businesses through a state loan scheme entitled the "Small and Med...
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Related State Acts
Announced: 27 Apr 2022
Republic of Korea: Introduction of tariff concessions on rare gases and aluminum products, import tariff quota on certain food products
Announced: 07 Mar 2022
Republic of Korea: Ministry of Economy and Finance publishes additional sanctions against Russia
Announced: 28 Feb 2022
Republic of Korea: Government imposes sanctions package on Russia in response to the Ukrainian crisis
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