Swedish bank FöreningsSparbanken (Swedbank) has extended its outsourcing contract with EDB Fellesdata for credit and loans processing services.
Under the new two-year agreement, worth NKr11 million, Swedbank will continue to use the Affärstöd Krediter system for loan administration and credit processing.
Affärstöd Krediter was developed by the bank and EDB Fellesdata and went live in June 2000.