News
Jun 09, 2025
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.
Apr 18, 2025
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.
Mar 13, 2024
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.
Jan 09, 2024
Forbis group has officially entered GovTech sector!
In 2023, Forbis was busy developing and implementing Treasury Single Account (LT – VIKSVA) system for the Ministry of Finance of the Republic of Lithuania. The successful recent delivery of the strategically important TSA project for the Ministry of Finance further solidifies Forbis position as a leading core banking and, now treasury management software vendor! We are looking forward to sharing our Lithuanian success story with ministries of finance worldwide and further develop TSA solutions.
