New limited company for cash handling in Norway

NORWAY - Norges Bank, Den norske Bank ASA, Gjensidige Nor Sparebank, SpareBank 1 Gruppen AS, Terra-Gruppen AS, Fokus Bank ASA and Nordlandsbanken ASA have founded a joint limited company for cash handling.

The mission of the company is to establish secure, efficient and profitable solutions for cash handling, and realise synergies and market opportunities. The company will perform cash handling services for banks in Norway, and execute statutory central banks functions for Norges Bank.

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