Announcement
16 Jan 2023
In January 2023, the Korean Financial Services Commission announced providing KRW 14.3 trillion in funding to support SMEs during the Lunar New Year holiday period.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
16 Jan 2023
Revocation date:
08 Feb 2023
Updated: 16 Jan 2023
Loan guarantee
On 16 January 2023, the Korean Financial Services Commission announced that the Korea Credit Guarantee Fund (KODIT) will provide KRW 4.1 trillion (approx. USD 3.3 billion) in loan guarantees to SMEs a...
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Updated: 16 Jan 2023
Interest payment subsidy
On 16 January 2023, the Korean Financial Services Commission announced that the Korea Development Bank (KDB), the state-owned development bank, will provide KRW 1.2 trillion (USD 968.1 billion) to SME...
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Updated: 16 Jan 2023
State loan
On 16 January 2023, the Korean Financial Services Commission announced that the Industrial Bank of Korea, a state-owned bank, will provide KRW 9 trillion (approx. USD 7.3 billion) in loans to SMEs and...
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