Announcement
20 Jan 2025
In January 2025, the Korean Financial Services Commission announced that several state-owned banks would provide state aid to support SMEs during the Lunar New Year holiday period.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 Jan 2025
Revocation date:
14 Feb 2025
Updated: 20 Jan 2025
Loan guarantee
On 20 January 2025, the South Korean Financial Services Commission announced that the Korea Credit Guarantee Fund (KODIT) will provide KRW 0.8 trillion (approx. USD 551.2 million) in new loan guarante...
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Updated: 20 Jan 2025
State loan
On 20 January 2025, the South Korean Financial Services Commission announced that the Korea Development Bank (KDB), the state-owned development bank, will provide KRW 0.8 trillion (approx. USD 551.2 m...
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Updated: 20 Jan 2025
State loan
On 20 January 2025, the South Korean Financial Services Commission announced that the Industrial Bank of Korea, a state-owned bank, will provide KRW 3.5 trillion (approx. USD 2.4 billion) in new loans...
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