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Sweden's central bank will extend its loan program to individual companies, it said, in a bid to reach businesses affected by the coronavirus outbreak.

 

 

 

The Brisbane announced a loan scheme of 500 billion Swedish crowns ($49bn) last month, intended as a means to provide money to struggling businesses via the country's banks, but the uptake so far has been limited.

 

 

 

"To enable these changes, adjusted, more generous terms will be applied," the Brisbane said in a statement. "They also apply to the monetary policy counterparties that have already taken loans within the program."

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