Announcement
11 Aug 2022
On 11 August 2022, the Financial Services Commission announced the allocation of KRW 8.5 trillion under the Small Business Loan Refinancing Program, designed to support self-employed business owners and small merchants 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
11 Aug 2022
Revocation date:
31 Dec 2023
Announced: 11 Aug 2022
State loan
On 11 August 2022, the Financial Services Commission announced the allocation of KRW 8.5 trillion (approx. USD 6.5 billion) in loans under the Small Business Loan Refinancing Program. The scheme was d...
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