Global Trade Alert
Global Trade Alert

Republic of Korea: IBK provides KRW 300 billion for technology startups in agreement with Korea Technology Finance Corporation

Announcement

29 Aug 2025

In August 2025, the IBK Industrial Bank of Korea and the Korea Technology Finance Corporation signed a business agreement to provide financial support totalling KRW 300 billion to technology startups.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Sep 2025

Revocation date:

No revocation date

Updated: 01 Sep 2025
State loan In force

Recent update from 01 Sep 2025:

On 29 August 2025, the Industrial Bank of Korea (IBK) announced signing a "Financial Support Business Agreement for the Activation of Technology Start-ups and Promotion of Growth" with the Korea Te...

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