(Oslo, 6 February 2018) Landkreditt Bank has entered into a new agreement with EVRY for banking solutions. The contract runs for five years and represents total contract value of NOK 150 million. As part of the agreement, EVRY will deliver next-generation core banking and payment solutions. The agreement also includes further improvements in respect of self-service and automation in the loan and credit area for the bank’s private customers and agriculture-related customers.
The new agreement gives Landkreditt Bank a future-oriented platform for its banking operations, reducing its costs and improving the quality of its internal processes. Under the new agreement, EVRY will deliver a complete portfolio of solutions, including self-service and branch solutions, solutions for lending and saving, card services and CRM, with next-generation core banking and payment solutions also included. The solutions will be delivered as a service (SaaS).
“It is important for us to combine technology, expertise and capital in order to create products, services and channels that offer a first-class customer experience. We have extensive positive experience of EVRY as a collaboration partner for such work. This renewed and expanded agreement will enable us to simplify and streamline our processes. With efficient self-service solutions and automation in the lending area, we will be able to reduce our costs and to provide a better customer experience”, comments Einar Storsul, Director of IT and Marketing at Landkreditt Bank.
“Landkreditt Bank is working systematically on further expanding its service offering. By investing strategically in next-generation core banking and payment solutions from EVRY, the bank will gain a modern and customer-centric platform that will enable it to capitalise on initiatives within open banking. We are proud to have been selected as a collaboration partner by Landkreditt Bank, and are looking forward to working closely with the bank on its pro-active strategy and its ambition to continue to grow in the market”, comments Wiljar Nesse, Executive Vice President, Financial Services, EVRY.
“The market is finding our offer to be very competitive, with good products and a high level of service quality. This means that we are attracting new customers despite strong competition, and we are achieving increased volumes in both the lending and credit areas. Continuing to collaborate with EVRY will enable us to continue to build customer trust and loyalty and to grow in the market”, explains Einar Storsul, Director of IT and Marketing at Landkreditt Bank.
For more information, please contact:
Wiljar Nesse, EVP, Financial Services EVRY, tel. +47 934 48 116
Viola Hellström, VP Communications, Financial Services EVRY, tel. + 46 73 708 1727
Einar Storsul, Director of IT and Marketing, Landkreditt Bank, tel. +47 91 60 24 00
About Landkreditt Bank
Landkreditt Bank is a strong medium-sized Norwegian bank, and has a pro-active strategy with clear ambitions for further growth. Its customer portfolio principally consists of private individuals and agriculture-related customers, together with associated activities and companies. The Landkreditt group has in recent years grown both its earnings and capital. The group’s balance sheet totals approximately NOK 27 billion, and it has around 100 employees.