Länsförsäkringar Bank renews EDB Web banking systems contract

Sweden’s Länsförsäkringar Bank has extended its contract with EDB Infovention, for the administration and development of its Internet banking systems.

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Länsförsäkringar Bank renews EDB Web banking systems contract

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The original three year contract was signed in April last year and has been renewed for four years from 1 July 2003.

The new deal is worth around Nkr40 million, which includes Nkr20 million already disclosed in respect of the original contract.

EDB Infovention is EDB Business Partner's Swedish subsidiary.

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