Announcement
05 Sep 2022
In September 2022, the Korean Financial Services Commission announced various state aid measures to support SMEs during the mid-autumn Chuseok holidays.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
05 Sep 2022
Revocation date:
No revocation date
State loan
On 5 September 2022, the Korean Financial Services Commission announced that the Industrial Bank of Korea, a state-owned bank, will provide KRW 3.5 trillion (approx. USD 2.6 billion) in new loans to S...
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State loan
On 5 September 2022, the Korean Financial Services Commission announced that the Korea Development Bank (KDB), the state-owned development bank, will provide KRW 2.1 trillion (approx. USD 1.5 billion)...
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Loan guarantee
On 5 September 2022, the Korean Financial Services Commission announced that the Korea Credit Guarantee Fund (KODIT) will provide KRW 1.8 trillion (approx. USD 1.3 billion) in new loan guarantees to S...
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