Announcement
03 Aug 2022
In August 2022, the Korean Financial Services Commission announced the allocation of more than KRW 1 trillion to support Korean companies undergoing business transformation amid changing digital and environmental conditions.
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Number of interventions
5
5 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
03 Aug 2022
Revocation date:
No revocation date
Updated: 03 Aug 2022
Capital injection and equity stakes (including bailouts)
In force
On 3 August 2022, the Korean Financial Services Commission announced that the Industrial Bank of Korea (IBK), a state-run bank, will set up a business transformation fund worth KRW 145 billion (app...
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Updated: 03 Aug 2022
State aid, nes
In force
On 3 August 2022, the Korean Financial Services Commission announced the allocation of KRW 100 billion (approx. 76.3 USD million) in liquidity support targeted at Korean companies th...
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Updated: 03 Aug 2022
Loan guarantee
In force
On 3 August 2022, the Korean Financial Services Commission announced the allocation of KRW 200 billion (approx. USD 152.6 million) in loan guarantees to Korean companies that are&nbs...
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Updated: 03 Aug 2022
State loan
In force
On 3 August 2022, the Korean Financial Services Commission announced the allocation of KRW 500 billion (approx. USD 381.5 million) in loans to support Korean companies that are ...
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Updated: 03 Aug 2022
Capital injection and equity stakes (including bailouts)
In force
On 3 August 2022, the Korean Financial Services Commission announced that the Korea Institute for Advancement of Technology (KIAT), will set up a business transformation innovation f...
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