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Sparebanken Sogn og Fjordane signs agreement with EDB


(Oslo, 13, Mars, 2006) Sparebanken Sogn og Fjordane has signed an agreement with EDB to purchase solutions and operating services for its banking activities. The contract runs to 1 July 2010 and represents new business volume for EDB of approximately NOK 50 million over this period.
Sparebanken Sogn og Fjordane has agreed to buy new software solutions and operating services from EDB. The software solutions are for use in the bank’s branch offices and self-service channels, as well as for foreign exchange, lending and payment services. In addition, the bank will use core banking solutions and infrastructure from EDB.

“We are very pleased to announce this contract for Sparebanken Sogn og Fjordane. Over the last year EDB has supplied a range of first-class solutions to a number of important banks. In addition to Sparebanken Sogn og Fjordane, our contracts with Sparebanken Hedmark and Sparebanken SØR are good examples that the infrastructure and services EDB offers are well-suited to regional banks”, comments Endre Rangnes, CEO of EDB.

“Sparebanken Sogn og Fjordane has good experience of EDB through its link with the company’s systems over recent years. EDB offers a good range of services for our customers, and their banking solutions offer us reliable and high-quality operations”, explains Arvid Andenæs, Managing Director of Sparebanken Sogn og Fjordane.

More information on EDB:
EDB Business Partner is one of the leading stock exchange quoted IT groups in the Nordic region, with annual turnover of NOK 4.8 billion in 2005 and 3,400 employees. We develop and operate IT solutions based on a unique combination of IT experience and extensive industry-specific expertise. EDB strives to be a strong and close IT partner for its customers to help them operate more efficiently and achieve their business objectives.

More information on Sparebanken Sogn og Fjordane:
Sparebanken Sogn og Fjordane is the leading bank in the Norwegian county of Sogn and Fjordane, and has branch offices in 20 of the 26 municipalities in the county. The bank offers a complete range of products and services for banking, lending and financing, savings and investment and insurance and real estate broking. Sparebanken Sogn og Fjordane is a financially strong savings bank with 240 full-time equivalent employees. The bank has total assets of NOK 16 billion.


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