The Forbis Company and A/S Sampo Banka (Latvia) have signed an agreement on the implementation of the FORPOST Banking Information System

VILNIUS, October 2005/Forbis Ltd. – On the 14 of October, 2005 in Riga there was signed an agreement between the Forbis Company and A/S Sampo Banka Latvia) on the implementation of the FORPOST banking information system. The two sides have already started preliminary preparatory work on the implementation, which is stipulated to be started in the beginning of the next year. It is planned to complete the project till the end of 2006.

The important factors in choosing the FORPOST Banking Information System for the A/S Sampo Banka were the experience of successful co-operation of the Forbis Company with the Sampo group in Lithuania, as well as the fact that FORPOST is already operating in one of the commercial banks of Latvia.

The employees of the Sampo bank in Latvia have already had an opportunity to get preliminary acquainted with the FORPOST Banking Information System. Demonstration was conducted by the specialists of the Forbis Company for the purpose of personnel training, allowing them to deeper understand various aspects of the system operation, such as the main user functions of the BIS FORPOST, user work places, parameterisation of the system, daily procedures, Internet Banking, as well as the other products and modules.

"By signing of this contract, the Forbis Company has made one more step promoting its system on the banking IT market of Latvia", said Andrej Zujev, CEO of the Forbis Company.

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