Announcement
10 Sep 2024
In September 2024, 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
Implementation date
10 Sep 2024
Revocation date:
03 Oct 2024
Updated: 10 Sep 2024
State loan
On 10 September 2024, 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 bill...
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Updated: 10 Sep 2024
Loan guarantee
On 10 September 2024, the Korean Financial Services Commission announced that the Korea Credit Guarantee Fund (KODIT) will provide KRW 1.9 trillion (approx. USD 1.4 billion) in new loan guarantees ...
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Updated: 10 Sep 2024
State loan
On 10 September 2024, the Korean Financial Services Commission announced that the Industrial Bank of Korea, a state-owned bank, will provide KRW 3.7 trillion (approx. USD 2.8 billion) in new loans ...
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