All working places at Šiaulių Bankas will be monitored by Telia


Šiaulių Bankas and Telia signed an agreement for the lease and maintenance of computer workstations. Under this agreement confirmed with e-signature, Telia shall lease all necessary computer hardware to Šiaulių Bankas and take over its maintenance. So far, both the purchase and maintenance of hardware has been carried out by the bank independently.

“Technology is progressing, digitalisation of banking services, financial technologies and related innovative transformations are increasingly penetrating the financial sector and offering new opportunities. Banking activities are a priority for the bank, and computerized job surveillance can be better performed by IT professionals: we have chosen Telia in this case. Šiaulių Bankas operates in 37 towns of Lithuania, therefore, it is especially important for us that computers run smoothly at any location and all the issues raised are dealt with fast. All computers will be maintained and updated centrally, which is especially important in the context of cyber and information security,” says Vytautas Sinius, CEO of Šiaulių Bankas.

According to him, so far maintenance of hardware has been carried out by the bank itself while the present agreement will enable using the Bank's IT service functions for other purposes.

“Lease and maintenance of computerized working places created specifically to meet the need of Šiaulių Bankas is a completely new service provided by Telia. It will reduce IT costs and, at the same time, have the highest level of excellence in IT maintenance. Another advantage of this integrated service is the introduction of the security systems and technologies latest on the market which meet extremely stringent requirements of the General Data Protection Regulation (BDAR). This not only ensures higher level of personal data security but also guarantees cyber security to banking systems,” says Kęstutis Šliužas, CEO of Telia Lietuva.

According to him, the global practice shows that well-administered IT procedures and processes allow an organization to save up to 30 per cent of time and costs relating to the IT area.

The entire computer hardware leased from Telia will be standardized and  maintenance will be provided on a single-contact basis. All software updates, information and data security will be implemented centrally.

The agreement will enter into force upon receiving consent from the Bank of Lithuania, supervisory authority of Šiaulių Bankas.

CEO of Šiaulių Bankas Vytautas Sinius and CEO of Telia Lietuva Kęstutis Šliužas