Swedfund estimates coronavirus losses of SEK 435 million

Business June 16, 2020

By the end of March the Stockholm-based development finance institution Swedfund wrote down the value of its portfolio by SEK 435 million due to the corona pandemic. Sweden’s DFI reports its financial results quarterly and is one only DFIs to put a number on its losses from the COVID 19 pandemic.

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Swedfund estimates coronavirus losses of SEK 435 million

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