Global Trade Alert
Global Trade Alert

Republic of Korea: KODIT signs agreement with three commerical banks to provide KRW 1.2 trillion in guarantees

Announcement

27 Mar 2025

In March 2025, the Korean Credit Guarantee Fund (KODIT) announced signing an agreement with three major commercial banks which will allow KODIT to provide KRW 1.2 trillion in loan guarantees to Korean SMEs.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Mar 2025

Revocation date:

No revocation date

Updated: 27 Mar 2025
Loan guarantee In force

On 27 March 2025, the Korean Credit Guarantee Fund (KODIT) announced signing an agreement with three major commercial banks which will allow KODIT to provide KRW 1.2 trillion (USD 818.9 million) in...

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