March 28, 1985

On behalf of the government through Olof Palme and Kjell-Olof Feldt the parliament was suggested to accept proposition 1984/85:191 – The new law allowed foreign banks to establish subsidiaries in Sweden under the same legislation Swedish banks operated. The big setbacks was that the banks could not open branches and had to accept deposits from the general public and establish office premises accessible at ground level of a building