Länsförsäkringar Bank signs agreement with EDB for lending solution

(Oslo, 18 April 2008) Länsförsäkringar Bank of Sweden has signed an agreement with EDB for a lending solution that will help to improve the efficiency of the bank's loan processing.

Länsförsäkringar Bank plans further growth in the lending area, and the new solution will make an important contribution to this objective. This agreement represents a breakthrough for EDB's credit solutions in the Swedish market.
 
About Länsförsäkringar Bank
The Länsförsäkringar Alliance is Sweden's only customer-owned and locally-based banking and insurance group. Customers in each area are the owners of an independent local company in the group. In total, 24 companies collaborate as owners of Länsförsäkringar AB, which is responsible for development and service in the areas of banking, life insurance, property & casualty insurance and animal insurance. Länsförsäkringar offers a broad range of insurance products and banking services for private individuals, companies and farmers. All the companies in the group hold ISO 14001 environmental certification.
 
Contact person:
 
Torgeir Kristiansen, Head of Information, EDB. Tel: +47 901 27 909 
 
EDB Business Partner is one of the leading IT groups in the Nordic region. The company offers solutions for the full range of business-critical IT services. EDB aims to be a close and attentive partner that leverages its deep industry knowledge and international capabilities to help its customers realise the full potential of IT. The company has local presence in 13 countries, 6,000 employees and an annual turnover of NOK 8 billion. EDB Business Partner is listed on the Oslo Stock Exchange.