March 20, 2020 / 10:39 AM / 15 days ago

Swedish c.bank says allotted 60 bln SEK loans to banks for onlending

STOCKHOLM, March 20 (Reuters) - Swedish c.bank said on Friday it had allotted 60 billion Swedish crowns in loans to banks for onlending to businesses as part of its package to support credit and limit the effects of the coronavirus on the economy.

The Riksbank had offered to lend 100 billion Swedish crowns at zero interest. (Reporting by Simon Johnson, editing by Johan Ahlander)

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