Global Trade Alert
Global Trade Alert

Republic of Korea: KODIT signs agreements with NH Nonghyup Bank to provide KRW 600 billion in guarantees to SMEs

Announcement

28 May 2024

In May 2024, the Korean Credit Guarantee Fund (KODIT) announced signing agreements with NH Nonghyup Bank which will allow KODIT to provide KRW 600 billion in loan guarantees to SMEs that are "leading the dynamic economy".

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 May 2024

Revocation date:

No revocation date

Updated: 28 May 2024
Loan guarantee In force

On 28 May 2024, the Korean Credit Guarantee Fund (KODIT) announced signing an agreement with the commercial NH Nonghyup Bank which will allow KODIT to provide KRW 600 billion (USD 441.8 million) in...

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