DNB ASA Bank

Over the past 12 years, TCS has partnered in DNB's innovation and transformation journey, delivering a wide range of digital solutions

India's largest IT services company Tata Consultancy Services (TCS) on Friday announced an extension of its partnership with Norway's largest financial services group, DNB Bank ASA, for an additional five years. It, however, did not divulge the financial details of the extended contract. With the renewed pact, TCS will continue as DNB's strategic partner, supporting the bank's digital modernisation, while enhancing cost efficiency targets, according to a release. TCS will also deploy next-generation technology for DNB's modernisation initiatives by maintaining and developing new applications, strengthening security capabilities, and providing insights on next-generation technologies, including Artificial Intelligence (AI) and quantum computing. Elin Sandnes, Group EVP of Technology and Services at DNB, said that the group already has a longstanding and proven relationship where TCS has helped enable some of the biggest transformations and innovations over the past twelve years. "W

Europe's biggest banks are healthier than at any point since the financial crisis, but investors are seeking reassurance that they can trust their longer-term earnings power as interest rates fall

The European bank with the most capital relative to total assets is DNB ASA of Norway