We are 30 today. 30 years is not just a number. It signifies thousands of decisions, numerous talented people, and one common denominator – the desire to create meaningfully.
The Ministry of Finance has assessed the cost-effectiveness of the the Treasury Single Account management system (VIKSVA) and reports that the project has already paid off despite being launched only recently. According to the Ministry’s estimates, VIKSVA helps the Republic of Lithuania save around EUR 3.7 million per year – that is EUR 1.1 million more than originally projected.
We are proud to announce that Forbis has received a status of a Cyber security entity and has been included in the Register of Cyber Security Entities, run by the National Cyber Security Centre (NCSC) under the Ministry of National Defense of Lithuania.
In June, the Lithuanian consolidated treasury account information system (VIKSVA) that will allow the State Treasury saving up to EUR 2.6 million a year, will celebrate its one-year anniversary. The system has been designed for the Ministry of Finance and implemented by Forbis – the Lithuanian developer of banking systems. The company is now announcing ambitious plans to repeat the success story abroad.
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