(Corrects name of Ant Financial unit to MYBank, not WeBank)
SHANGHAI, Feb 10 (Reuters) - Alibaba Group Holdings said on Monday its affiliate Ant Financial's MYBank unit would offer 20 billion yuan ($2.86 billion) in loans to companies in China in light of the coronavirus outbreak, with preferential terms for Hubei firms.
Alibaba made the announcement in a statement posted on its official Weibo account. The loans will carry low interest rates, it added. ($1 = 6.9809 Chinese yuan renminbi) (Reporting by Brenda Goh; Editing by Edmund Blair)