Brief: Resurs Bank Invests In Cloud-Based Banking Platform

Resurs Holding AB (publ)

16/09/2021 14:06

Sept 16 (Reuters) - Resurs Holding AB (publ)  RESURS.ST :
    * RESURS BANK INVESTS IN THE NORDIC REGION'S FIRST CLOUD-BASED BANKING PLATFORM THAT MEETS
THE
NEEDS OF TOMORROW'S CUSTOMERS
    * ‍INTELLECT DESIGN ARENA WILL BE SUPPLYING NEW PLATFORM​
    * RESURS'S INVESTMENT IN THIS IT TRANSFORMATION AMOUNTS TO ABOUT SEK 500 MILLION, PART OF
WHICH
CONSISTS OF INTELLECT'S CLOUD-BASED SOLUTION.
    * INVESTMENT TO BE CAPITALISED IN BALANCE SHEET -- ONLY LIMITED IMPACT ON EARNINGS IS
EXPECTED
DURING IMPLEMENTATION PHASE
    * WHEN IMPLEMENTATION IS COMPLETE, INVESTMENT IS EXPECTED TO GENERATE POSITIVE NET EFFECTS

Source text for Eikon:  ID:nWkr3xf2zS 
Further company coverage:  RESURS.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))