Announcement
15 Feb 2024
In February 2024, the South Korean government announced several measures to support Korean businesses under a new private-public joint initiative.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Apr 2024
Revocation date:
No revocation date
Updated: 15 Feb 2024
Interest payment subsidy
In force
On 15 February 2024, the South Korean Financial Services Commission (FSC) announced that the Korea Development Bank, a state-owned bank, will provide KRW 2 trillion (approx. USD 1.5 billion) in intere...
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Updated: 15 Feb 2024
State loan
In force
On 15 February 2024, the South Korean Financial Services Commission (FSC) announced that the Korea Development Bank, a state-owned bank, will provide KRW 1 trillion (approx. USD 751.6 million) in low-...
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Implementation date
15 Feb 2024
Revocation date:
No revocation date
Updated: 15 Feb 2024
Loan guarantee
In force
On 15 February 2024, the South Korean Financial Services Commission (FSC) announced the launch of a KRW 500 billion (USD 375.8 million) growth ladder program. Under the program, the Korea Credit Guara...
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