Global Trade Alert
Global Trade Alert

Republic of Korea: KODIT signs agreement with Shinhan Bank to provide KRW 15 billion in guarantees for purchase of eco-friendly buses

Announcement

26 Sep 2024

In September 2024, the Korean Credit Guarantee Fund (KODIT) announced signing an agreement with the commercial Shinhan Bank which will allow KODIT to provide KRW 15 billion in loan guarantees to support transport undertakings' purchase of eco-friendly buses.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Sep 2024

Revocation date:

No revocation date

Updated: 26 Sep 2024
Loan guarantee In force

On 26 September 2024, the Korean Credit Guarantee Fund (KODIT) announced signing an agreement with the commercial Shinhan Bank which will allow KODIT to provide KRW 15 billion (USD 11.3 million) in...

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