Global Trade Alert
Global Trade Alert

Republic of Korea: IBK provides KRW 100 billion to companies with digital innovation technologies

Announcement

25 Mar 2024

In March 2024, the Industrial Bank of Korea (IBK) announced the creation of a KRW 100 billion strategic investment fund to support companies with digital innovation technologies.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Mar 2024

Revocation date:

No revocation date

Updated: 25 Mar 2024
Capital injection and equity stakes (including bailouts) In force

On 25 March 2024, the Industrial Bank of Korea (IBK) announced the creation of a KRW 100 billion (USD 74.6 million) "strategic investment fund" to foster digital innovation technologies. Through th...

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