Global Trade Alert
Global Trade Alert

Republic of Korea: Government allocates KRW 1.4 trillion under Hope Loan Plus scheme targeting SMEs

Announcement

03 Jan 2022

On 3 January 2022, the Korean Ministry of SMEs and Startups and the Korean Financial Services Commission announced the allocation of KRW 1.4 trillion under the Hope Loan Plus scheme to support Korean SMEs affected by the Covid-19 pandemic.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Jan 2022

Revocation date:

No revocation date

Announced: 03 Jan 2022
State loan In force
On 3 January 2022, the Korean Ministry of SMEs and Startups and Korean Financial Services Commission invested KRW 1.4 trillion (USD 1.1 billion) in a loan scheme for all small and medium-sized busines...
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