Hansabank and TietoEnator establish a joint-venture

Monday 29 March 2004 10:27 CET | News

Baltic Financial Group Hansabank and the Finnish IT-company TietoEnator have signed a letter of intent for establishing a joint venture.

In 2003 Hansabank arranged a tender for outsourcing the maintenance of the banks POS, ATM and PC networks in Estonia. The best offer was made by TietoEnator who already has similar agreements with more than 40 companies. The preliminary plan is to sign the final agreement in July 2004. The joint venture is expected to start operations from August 2004.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce