Shortfacts - July/August 2020


Development bank implements digitization strategy
Innobis is supporting the Bayerische Landesbodenkreditanstalt (BayernLabo) in the implementation of its digitalization strategy. The concluded framework agreement is initially valid for one year and can be extended until 2023. The tasks are in the management of the technical requirements for the core IT applications and in the technical test coordination. Innobis won the Europe-wide tender alongside a total of two other service providers.
Jörg Petersen, CEO of Innobis, says: "We are delighted that BayernLabo has placed its trust in us. The renewed framework agreement is a recognition of our professional performance and quality."
BayernLabo is an organizationally and economically independent, legally dependent institution within Bayerische Landesbank (BayernLB). It has a state mandate to provide financial support for projects by natural and legal persons under private and public law as well as other measures to improve and strengthen Bavaria's housing and settlement structure within the framework of housing policy and in accordance with the European Union's state aid regulations. As the municipal bank of the Free State of Bavaria, BayernLabo also provides financing for Bavarian local authorities.
