The new agreement runs for five years, with an option to extend for a further year.

Through this renewed collaboration, EVRY will continue to support Swedbank Norway's business activities and its objective to continue to expand in a rapidly changing market. By providing next-generation core banking and payment solutions delivered as a service (SaaS), EVRY meets Swedbank Norway's need for robust services as well as simplified and reliable service delivery. The services will also satisfy all regulatory requirements.

"Swedbank is committed to its focus on the Norwegian market, and wants to further strengthen its customer relationships. Swedbank has a long history of innovation, and we know that we need to offer innovative solutions in order to meet our customers' expectations. The new agreement with EVRY will help to ensure that Swedbank Norway achieves its long-term objectives. Through our collaboration with EVRY, we have a partner with a long-term approach that also understands both the mechanisms of the banking market and our own requirements. The new collaboration ensures continuing access to stable, flexible and cost-effective IT services", comments Tone Lunde Bakker, General Manager of Swedbank Norway.

"We see it as a vote of confidence in EVRY that Swedbank Norway wishes to continue the collaboration we have enjoyed over many years. It is extremely pleasing that Swedbank has chosen our new core banking platform and forward-looking payment solutions. Swedbank Norway will benefit from significant cost-sharing and gain a state-of-the-art and customer-centric solution that meets government requirements at all times. We very much look forward to continuing the excellent collaboration we enjoy with Swedbank", comments Wiljar Nesse, EVP for Financial Services at EVRY.