Länsförsäkringar Bank announces impairment of intangible assets during fourth quarter of 2018
"For just over two and a half years, Länsförsäkringar Bank has worked extensively in order to future-proof the bank's IT-platform. The investment was made to ensure that our ambitions for sustained growth can be realised and that we can meet the high expectations placed on us by our customers concerning our ability to continue to provide leading digital solutions. This has therefore been a prioritised project to enable us to remain at the forefront moving forward with regards to the development of digital banking services," said Sven Eggefalk, President of Länsförsäkringar Bank.
For further information, please contact:
Sven Eggefalk, President Länsförsäkringar Bank AB
+46 (0)8-588 414 37, +46 (0)70-240 47 04
Anders Borgcrantz, CFO, Länsförsäkringar Bank AB,
+46 (0)8-588 412 51, +46 (0)73-964 12 51
Martin Rydin, Head of Treasury Länsförsäkringar Bank AB,
+46 (0)8-588 412 79, +46 (0)73-964 28 23
Stefan Karkamanis, Investor Relations, Länsförsäkringar Bank AB
+46 (0)8-588 402 90, +46 (0)72-310 00 80