Announcement
25 Sep 2023
In September 2023, 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
25 Sep 2023
Revocation date:
No revocation date
State loan
On 25 September 2023, 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 ...
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Loan guarantee
On 25 September 2023, the Korean Financial Services Commission announced that the Korea Credit Guarantee Fund (KODIT) will provide KRW 1.8 trillion (approx. USD 1.4 billion) in new loan guarantees to ...
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State loan
On 25 September 2023, the Korean Financial Services Commission announced that the Korea Development Bank (KDB), the state-owned development bank, will provide KRW 2.3 trillion (approx. USD 1.7 billion...
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Related State Acts
05 Sep 2022
Republic of Korea: Government announces state aid to support SMEs ahead of 2022 Chuseok holidays
24 Aug 2023
Republic of Korea: Changes to temporary import tariff-rate quotas (August 2023)
10 Sep 2024
Republic of Korea: Government announces state aid to support SMEs ahead of 2024 Chuseok holidays
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