Global Trade Alert
Global Trade Alert

Republic of Korea: IBK provides KWR 400 billion in financing for SMEs in AI and defence industries

Announcement

15 Sep 2025

In September 2025, the IBK Industrial Bank of Korea and the Korea Technology Finance Corporation signed a business agreement to provide financial support totalling KRW 400 billion to SMEs in the AI and defence sectors.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Sep 2025

Revocation date:

No revocation date

Updated: 18 Sep 2025
State loan In force

Recent update from 18 Sep 2025:

On 15 September 2025, the Industrial Bank of Korea (IBK) announced signing business agreements with the Korea Technology Finance Corporation to support artificial intelligence (AI) and defense indu...

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