Global Trade Alert
Global Trade Alert

Republic of Korea: K-Sure provides KRW 460 billion in trade finance to Korean SMEs under agreement with IBK

Announcement

19 Dec 2024

In December 2024, the Korea Trade Insurance Corporation (K-Sure) announced providing up to KRW 460 billion in trade finance to Korean SMEs under the "Export Package Preferential Finance" agreement with Industrial Bank of Korea (IBK). 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Dec 2024

Revocation date:

No revocation date

Updated: 19 Dec 2024
Trade finance In force

On 19 December 2024, the Korea Trade Insurance Corporation (K-Sure) and Industrial Bank Korea announced signing a KRW 460 billion (USD 317.7 million) "Export Package Preferential Finance" agreement...

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