Global Trade Alert
Global Trade Alert

Republic of Korea: Launch of 2025 Industrial Bank of Korea semiconductor low-interest loan program

Announcement

27 Nov 2024

In November 2024, the South Korean government announced that the Industrial Bank of Korea will provide KRW 4.25 trillion in loans at preferential interest rates in the year 2025 to Korean semiconductor companies.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2025

Revocation date:

31 Dec 2025

Announced: 27 Nov 2024
State loan
On 27 November 2024, the South Korean government published a new plan "to support the semiconductor industry via public-private partnership". Among others, the government announced the launch of the "...
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