Aktia and Swedbank signed a strategic partnership agreement to collaborate on the Finnish market on 23 May. The strategic partnership between Swedbank and Aktia is the next step in a long-standing relationship and history of doing business together in Finland. The collaboration will form a mutually beneficial basis for both parties to reach their long-term goals in the Finnish market with a clear intention to complement each other and serve customers even better.

In connection with the partnership, Swedbank will wind down its cash management and payment services offering in Finland. Swedbank's corporate customers in Finland will be given the opportunity to be served by Aktia. In addition, through the strategic partnership, Aktia will further utilise the investments that have been made in leasing and factoring platforms and will offer these services to Swedbank?s large corporate clients.