Market Overview

OBOS to open a bank using solutions from EVRY


(Oslo, 26 November 2012) OBOS has decided to convert its savings and lending activities to a bank, and has chosen EVRY as it supplier of technological solutions for a period of 5 years.

OBOS, Oslo Bolig- og Sparelag, is a co-operative organisation with over 300,000 members.  OBOS intends to open its new bank for business in 2013.

EVRY will deliver a range of solutions to OBOS, including a core banking system, lending systems, security solutions and systems for customer administration and reporting to the authorities. In addition, EVRY will provide systems for internet banking and mobile banking.

"We are delighted that OBOS has chosen our solutions. In a banking market characterised by continuous change, EVRY places great emphasis on maintaining its strong expertise in IT for the banking industry and on the continuous development of its solutions portfolio", comments Wiljar Nesse, Executive Vice President and Head of the Financial Services at EVRY.

EVP Wiljar Nesse, EVRY, tel +47 93448116

SVP Communications Geir Remman, EVRY, tel +47 97055017

About EVRY
EVRY is one of Scandinavia's leading IT corporations with strong community and regional ties to 50 Nordic towns and cities. EVRY's insights, solutions and technological expertise allow strong participation in designing the IT society of the future and developing values that customers can use in their daily lives, in their businesses and in society. EVRY combines a high level of trade and technological expertise with regional distribution models and international exposure.

EVRY has about 10,000 employees, and the company works purposefully to prove that Scandinavian customers are best served by the people who know Scandinavian conditions best. EVRY has annual turnover of almost NOK 13 billion. The company is listed on the Oslo Stock Exchange and has its head office in Oslo. A significant amount of its business activity occurs in the Norwegian and Swedish markets.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: EVRY via Thomson Reuters ONE


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