Brief: DNB says more than 100 Norwegian banks to take Vipps ownership

Sparebanken Sor

13/02/2017 07:35

Feb 13 (Reuters) - Dnb Asa  DNB.OL  
    * Says more than 100 Norwegian banks to take Vipps ownership 
stakes 
    * Electronic payments service Vipps was developed by DNB 
    * DNB to own 52 pct, Sparebank 1 Alliance to hold 25 pct, 
Eika Alliance to hold 10 pct, indepandent savings banks 12 pct, 
Sparebanken Moere 1 pct 
    * Sparebank 1's mCASH payment solution to merge with Vipps 
 
Further company coverage:  DNB.OL  
 
 (Reporting By Terje Solsvik) 
 ((terje.solsvik@thomsonreuters.com;))