CCR World Magazine


You are here  :Home arrow News arrow Tieto and AB DNB Bankas contribute to Euro Changeover in Lithuania
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Tieto and AB DNB Bankas contribute to Euro Changeover in Lithuania Print E-mail
Monday, 26 January 2015

Tieto has participated in the national Changeover project supporting customer AB DNB Bankas in preparations for the Republic of Lithuania’s entrance into the Eurozone.

Lithuania changed its national currency from Litas (LTL) to Euro (EUR) on January 1st 2015.

During the project, Tieto assisted AB DNB Bankas to ensure operations and cashless payments in Euro currency by, developing migration scripts, providing step by step instruction for Tieto’s Card Suite systems and supporting Bank’s testing. Tieto provided remote support during live Changeover. The project was carried out smoothly and with minimal interference with customer`s daily routines.

- Lithuania’s participation in the Economic and Monetary Union from 1 January 2015 is a historical milestone for country. Last year Tieto supported EUR changeover project in Latvia, including DNB Bank Latvia, this year we've done it in Lithuania. Thanks to great teamwork, DNB Bankas will grant nonstop support to its customers with their daily payment operations, says Maris Ozolins, Director of Cards, Tieto.

- Due to efficient and professional cooperation with Tieto as partner in preparing the bank’s card payment system, the transition process to the euro went smooth and services to our customers were provided non-stop, says Vaineta Barevičiūtė, Executive Vice President and coordinator for the transition to the euro at DNB Bankas.

DNB Bankas is a Tieto customer since 1997.


(Source - Tieto Press Release)  

 

The CCR World App

 

Read CCR World as an App on your iPad or iPhone.
Simply click on this link (opens iTunes as an external link) to see the CCR World iTunes Preview and download to receive a free two-week trial or go to iTunes or the App Store and search for "CCR World".

CCR Magazine


Want to know more about the UK credit scene? Then take a look at our sister magazine, CCR, the leading UK publication for senior credit industry executives.

Find out more

CCR World newswire

Sign up to our E-Newsletter and E-Alerts.

subscribe

Read The Magazine - FREE ONLINE!

CCR World is the premier magazine for consumer and commercial credit professionals. It provides an independent voice to the global industry, breaking news stories and running in-depth features.

It is FREE to read online, so click here to read the current edition online.

(If you have not registered already, you will just need to do so to read all the news and analysis).

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197