The contract runs for three years from 2005 to 2007 and represents business volume of NOK 700 million. EDBs current contract with SpareBank 1 runs to the end of 2004. The SpareBank 1 alliance comprises SpareBank 1 Midt-Norge, SpareBank 1 Nord-Norge, SpareBank 1 Oslo and SpareBank 1 SR-Bank, as well as Samarbeidende Sparebanker (Samspar). EDB Bank & Finance provides solutions and infrastructure for the banks core activities in the areas of lending, deposits, accounting and reporting, payment services, customer dialogue and information distribution, self-service channels and branch office solutions for sales and processing, as well as integration with SpareBank 1s other systems. EDB IT Operations provides the operating services involved.
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