Global Trade Alert
Global Trade Alert

Republic of Korea: Government allocates KRW 8.6 trillion under Hope Loan Plus scheme targeting SMEs

Announcement

18 Jan 2022

On 18 January 2022, the Korean Ministry of SMEs and Startups announced the allocation of KRW 8.6 trillion under the Hope Loan Plus scheme in order to support Korean SMEs affected by the Covid-19 pandemic.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Jan 2022

Revocation date:

No revocation date

Updated: 18 Jan 2022
Loan guarantee In force

On 18 January 2022, the Korean Ministry of SMEs and Startups announced the allocation of KRW 3.8 trillion (USD 3.2 billion) to a loan guarantee scheme for small and medium-sized enterprises, r...

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Updated: 18 Jan 2022
State loan In force

On 18 January 2022, the Korean Ministry of SMEs and Startups announced the allocation of KRW 4.8 trillion (USD 4 billion) in a state loan scheme for small and medium-sized enterprises, regardless o...

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Updated: 18 Jan 2022
State loan In force

On 18 January 2022, the Korean Ministry of SMEs and Startups announced the allocation of KRW 3.8 trillion (USD 3.2 billion) to a state loan scheme for small and medium-sized enterprises, regar...

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