News and Articles

Version 6.0.1 released 
On June 19, 2017 a new version has been released. This upgrade fixes all reported bugs, making the new version more stable. It also includes a number of new features, like enabling using of the multibranch module in multicurrency systems, ATM Card Management, direct support for ISO8583 in ATM handling, ATM Transfers, Bill Payment and other ATM features, optimization of periodic procedures and batch posting to speed up processing in large databases, many additional multibranch specific features, more advanced securty options, handling of on-us cheques, additional reports. Full list of new features and fixes can be found here:
mbwin601_NewFeaturesandFixes.pdf

Version 5.1.0B released 
On September 25th, 2015 new version has been released. This upgrade fixes all reported bugs, making the new version more stable. 

Version 5.1.0A released 
On April 10th, 2015 new version has been released. This upgrade fixes all reported bugs, making the new version more stable. 

Version 5.1.0 released
On December 4th, 2014 new version has been released. This upgrade fixes all reported bugs, making the new version more stable, as well as includes number of new features, like loans write off feature, support for long transaction descriptions, new help module for support of Windows 7 and Windows 8 style help, interbranch transactions in batch, important fixes in batch update, number of new report features, support for SQL standard backups, additional report archival options, many processing speed improvement for larger databases, support for centralized teller roles and products in multibranch systems, and others. Full list of new features and fixes can be found here:
mbwin510_NewFeaturesandFixes.pdf

Version 5.0.3A released
On November 1st, 2013 new version has been released. This upgrade fixes all reported bugs, making the new version more stable.

Version 5.0.3 released
On April 5th, 2013 new version has been released. This upgrade fixes all reported bugs, making the new version more stable, as well as includes a number of new features, like leasing module support for on-line branch module, different improvements for the on-line branch module, important fixes in batch update, number of new report features, and many other fixes and improvements. Full list of new features and fixes can be found here:
mbwin503_newfeaturesandfixes.pdf

Version 5.0.2 released
On February 1st, 2012 new version has been released. This upgrade fixes all reported bugs, making the new version more stable, as well as includes number of new features, like on-line branch module, foreign exchange module, periodic reports archival, number of new management and audit reports, and others. Full list of new features and fixes can be found here.
Uploaded the release notes already at mbwin502_newfeaturesandfixes.pdf


Foreign Exchange module implemented
The development of Foreign Exchange Module was finished in November 2011 and successfully implemented in two branches of MetroBank in Philippines. The module allows to perform foreign exchange operations in multicurrency systems, keep different exchange rates, automatically posts resulting profit and loss from each exchange operation and provides reports on foreogn exchange operations.


Pilot Implementation of the On-Line Branch Module in Butwal Finance Ltd.
The newly developed On-line branch module was successfully implemented in 8 branches of Butwal Finance Ltd. in Nepal in September 2011. The module allows to keep the data from all branches in one centralized database and allows customers to perform operations on their accounts from any branch, as well as produce a number of consolidated reports for all branches.
The new module will be availed to all customers starting from the 5.0 release of MBWin.


More ATM operations started live in SriLanka and Philippines and Nepal
In March to June 2011 ATM module has been implemented in three branches in Bimputh Lanka Investment in SriLanka.
In September-November 2011 ATM module operations started in Paglaum Multipurpose Cooperative, Toril Community Cooperative and Ictus Premier Cooperative in Philippines.
In 2011 ATM Module implementations done also in Yeti Finance Bank, Subhecha Bikesh Bank and Butwal Finance Ltd. in Nepal.


Launch of ATM operations at Bimputh Lanka Investments in Sri Lanka
MBWin customer - Bimputh Lanka Investments in Colombo, Sri Lanka has successfully installed the first ATM device and launched real-time ATM operations at their Head Office Branch in Papiliyana on 8th November 2010. This achievement has been made possible via the new MBWin ATM Interface module, and the additional development has been done in close cooperation between FAO-GTZ MicroBanking System project in Bangkok, MBWin Lanka and Chamma Technology (Pvt) Ltd in Colombo.

Bimputh Lanka Investments has recently stepped ahead from the traditional and in person banking system to Automatic Teller Machines (ATMs), which are easier and more convenient with features:
• Withdraw Money
• Balance Inquiry
• Mini Statement
This is now an ATM module implementation with real time transaction posting.

Bimputh Lanka Investments plans to implement ATM module to their branches and expand through the relationship with their retail and merchant customers for installation around Eastern Province of Sri Lanka.


Chamma Technology (Pvt) Ltd always offers strategic solutions which are specially designed for the MicroBanker client network such as

• Middleware Solution – ISO 8583 for FAO-GTZ MicroBanker ATM Module
• SMS Banking Solution (m-Commerce) empowers FAO-GTZ-MicroBanker customers with the access to banking services through SMS.

Key features such as,
o Savings Account Enquiry
o Loan Enquiry
o Field Collections ( Loan and Savings )
o Field Officer Activity Monitor by Date and Time
o Create Automatic Batch File Upload.


MBWin Lanka (Pv ) Ltd first listens to the client’s needs then utilizes the best new technologies to build a significant solution that is tailored to meet their client’s business requirements and help them secure their competitive edge in the increasingly changing local market.

Moreover, MBWin Lanka (Pv) Ltd believes that the clients’ success depends on their solutions which can also define as the measure of their own success.
However, their ultimate goal is to find the perfect solution for each individual client who can maximize ATM profitability.

Sagarmatha Merchant Banking & Finance Ltd in Nepal launches ATM service

In April 2009 MBWin customer - Sagarmatha Merchant Banking & Finance Ltd. (SMFBL) has availed ATM services to their customers through SCT network in Latipur, Nepal.

This ATM implementation is using offline transaction mechanism and ATM transactions are posted once per day. Moreover, SMFBL has also had a separate ATM machine installed at their office premises.
SMFBL uses the international banking software FAO-GTZ MicroBanking System (MBWin), which is provided by MicroBanker Nepal Pvt. Ltd.
After the launch of the ATM service, SMFBL expects a significant rise in their business.

Version 4.8.0 released

On February 11th, 2010 new version has been released. This upgrade fixes all reported bugs, making the new version more stable, as well as includes number of new features, like Fingerprint Capture module, basic ATM functionality, Shariah banking features, new teller limit features, number of new management and audit reports, and others. Full list of new features and fixes can be found here.

MBWin 10th anniversary – history, new developments and future plans

  In  November this year we are celebrating the 10th anniversary since the start of FAO-GTZ MicroBanking System (MBWin) project and 21 years since start of MicroBanker DOS. During this time the MBWin system has been installed in 790 rural and development banks, microfinance and credit union sites  in  16 countries all around the world, and has established itself as one of the leading financial software solutions in the world  of rural and microfinance .  A total of 740 or 94% of these sites are still running MBWin, which indicates a very high customer satisfaction ratio, considering that the industry average shows that around 40% of financial institutions change their banking software within 10 years. 

 We wish to thank all our customers who have been  with us and stayed with us during these years for their trust in our system and  we  hope for  many more years of collaboration in  the  future.

 There are no exact numbers available regarding the customers of the former version of MBDOS, but it is estimated that still  more than   800 sites  are  running   MBDOS, bringing the total number of users of our  two  system s  to  more than  1,500.  

 During last two years there has been significant increase of MBWin customers in Afghanistan, China, Indonesia, Nepal, Philippines, SriLanka and Uganda. You can find the statistics of our customers at (MBWIN customer)

 One of the priorities of the project in the recent years has been to encourage the  establishment  of local MBWin support and distribution  organizations  ( so-called  Competence  Centers) and  to  reduce the dependency  of clients   on  the support of the central office in Bangkok.  Early  2006 there was still only one recognized competence center in Nepal.    Since then a number of new competence centers have  been established and are operating in  a  number of countries – Honduras (2006), Sri Lanka (2006), Laos (2007) ), Uganda (2008), Philippines (2 centers, 2008, 2009) and China (2009). While some of these centers have started  operating  only recently and some are not recognized&nb

 The staff  at our Bangkok office has  recently  expanded from 7 to 11 full time persons.

 During last few years many new improvements have been added to MBWin, including  several  major developments, such as  an  ATM interface, Islamic (Shariah) banking features, fingerprint verification support,  an  interface between MBWin and WOCCU 's  (World Council of Credit Unions) PEARLS monitoring system.

 The priorities that  have been  set for development in 2010 are expansion of the  transaction support  of the ATM interface and development of  the  fully on-line centralized multibranch system with interbranch transaction capability, the first version of which we plan to  complete  by the middle of next year.

MBWin Islamic Banking Features

 In 2008/2009 in collaboration with MBNepal, the German NGO Internationale Weiterbildung und Entwicklung GmbH (InWent) and GTZ - Indonesia ,   we  developed and implemented  a  number of Islamic features which now are available as part of  the  MBWin standard system.  Some  of the major new features include : loans with profit sharing feature, proportional allocation of repayment to principal and commission, fixed commission on loans (instead of rate based interest calculation ), loan agreement printing, possibility of predefined charges for loan disbursement. With  these enhancements  MBWin can  now support Shariah lending schemes, such as Mudaraba, Murabaha, Quard and others.    The Shariah MBWin based system is now operating in  three  BPR (Bank Perkreditan Rakyat - Rural Banks) in Indonesia.

FingerPrint verification interface

 In early 2009 in collaboration with  the  World Council of Credit Unions (WOCCU) in Afghanistan and  the  ITWorks company in Thailand  we  implemented an interface to fingerprint readers .    This  permits verification of the customer ' s identity before initiating the banking transaction. This  facilitates   serving  customers in poor areas who often do not have any identification documents and  who often  lack reading and writing skills.    The fingerprint readers with MBWin interface have been successfully tested are now  being  used in 20 IFCs with which WOCCU project is cooperating in Afghanistan.

Interface with World Council of Credit Unions PEARLS Monitoring system

 In 2009 ,  in collaboration with World Council of Credit Unions (WOCCU) ,  the MBWin team has developed an interface between MBWin and  the  PEARLS system.    The interface allows to export data from  the  MBWin system into a format understandable by  the  PEARLS system.    PEARLS provides credit union and microfinance organization managers with concise, easy-to-read reports that reveal institutional weaknesses and trends. It also offers a strategic business planning tool to help managers implement change.    The PEARLS Monitoring System includes:  

MBWin in CGAP’s software reviews
In October 2009 MBWin, among 15 other best world microfinance software packages, has been reviewed and rated by the Consultative Group to Assist the Poorest (CGAP). We are proud that this year MBWin receives a user rating of 4 out of 5.

The CGAP software reviews are the most recognized resource for microfinance software products. Every year CGAP invites a number of software companies to participate in the evaluation, as well as MFIs to rate the products they use. The reviews do not compare the products against each other but are based on the evaluation of an independent expert and on the users' feedback. The evaluations are scored based on functionality, ease of use, management reporting and data analysis and customer support.

The Software Listings and Reviews are a joint initiative of CGAP and the EU/ACP Microfinance Programme, with coordination by HORUS Development Finance.

The review proves that our objective to make MBWin one of the best international microfinance software packages in the market is well recognized and successful and we will continue to improve our software and support service in the future.

Version 4.7.0 released

On October 3rd 2008 new version has been released. This upgrade basically fixes all reported bugs, making the new version more stable, and has very few new features. Full list of new features and fixes can be found here.

Version 4.6.1 released

On February 15th 2008 new version has been released. This upgrade basically fixes all reported bugs, making the new version more stable, and has very few new features. Full list of new features and fixes can be found here.

Version 4.5.6 released

On March 8th 2007 new version has been released. This upgrade basically fixes all reported bugs, making the new version more stable, and has very few new features. Full list of new features and fixes can be found here.

Version 4.5.5 released

On October 31st 2006 new version has been released. Here are just some of then new features available in the new version: automatic reclassification of dormant accounts, reusable batches, support for grace period on penalty in loans, modification of extended properties for loans, number of new MIS reports, possibility for users to add their own fields in transaction slips, new reports and new features in existing reports and many more. Of course, all reported bugs have been fixed, as well, making the new version more stable. Full list of new features and fixes can be found here.

New MBWin Users in 2006
Number of new users have joined to MBWin users family in late 2005 and 2006. Cambodian Entrepreneur Building Ltd., Hattha Kaksekar Limited and Entrepaneur du Monde have started implementing MBWin in their branches. This brings the number of MBWin users in Cambodia to six. We welcome also other new users of MBWin system: SAMAF in South Africa, Rajarata, Wayamba and Saburagamuwa Development banks in Sri Lanka, SEED Center in Philippines, EMI in Laos, number of new users in Nepal and Honduras, and Railway Employeed Credit Union in Latvia. The total number of sites with MBWin has reached over 400 installations.

Version 4.5.4 released
On April 17th 2006 new version has been released. Here are just some of then new features available in the new version: batch import functionality, reusable batches, separate witdrawal tax rates for time deposits and savings, change guarantor option implemented, group leader feature implemented for groups, more detailed configurator help screens, automatic monthly foreign currency reevaluation profit posting for multicurrency systems, new passbook wizard and new reports. Of course, all reported bugs have been fixed, as well, making the new version more stable. The system has been also tested for use with SQL Server 2005 or SQL Server Expresss. Minor compatibility issues in MBWin have been fixed and it is ready to work on the new platform. If the new SQL server platform is used, the users will need to download and install Microsoft SQL Server 2000 DMO backward compatibility pack to ensure the compatibility.

Many MBWin users among CGAP 2004 Transparency Award Recipients
 
The CGAP Transparency Award ( http://www.cgap.org/fintransaward/index.shtml ) is an attempt to encourage MFIs to follow CGAP disclosure guidelines.  The 2004 Transaparency Award was the first time that this competition was held, with 150 MFIs participating and 110 being accepted by the GCAP judges.
 
The global winner for 2004 is Financiera Compartamos, S. A. de C. V., a  Mexican MFI.
 
In the category East Asia/Pacific, where many MFIs use either the DOS MicroBanking System or the FAO-GTZ Windows based MicroBanking System, five MFIs received Honoroble Mention, indicating a high level of compliance.  These are Amret (Cambodia), the Prasac Credit Association (PCA, also Cambodia), Thaneakea Phum (TPC, also Cambodia), Instituição de Microfinanças de Timor-Leste (IMFTL, East Timor) and The Capital Aid Fund for Employment of the Poor (CEP, Vietnam). 

We are proud to note that the first four are all users of MBWin or, in the case of the PCA, MBDOS.   

Entrants were scored based on their compliance with key international and industry accounting standards spelled out in the CGAP Disclosure Guidelines for Financial Reporting—the most widely accepted benchmark for microfinance transparency. It is obvious that a good accounting system, sound operational procedures and practices, and last but not least, a good banking software can contribute tremendously to reaching this level of transparency.
 

MBWin has, from the beginning, followed international accounting standards and practices, as well as the CGAP reporting guidelines closely.  We plan to continue improving our software in the versions to come and expand our presence in other parts of the world, so that in future we will have even more MBWin users as award winners worldwide.

 

Balance Enquiry by Mobile phone
The MBWin Competence Center in Nepal, MicroBanker Nepal, has developed a nice add-on to the MBWin system. This facility allows the bank's customers, by sending out a message from their mobile phone, (SMS, Short Messaging Service), to receive back a reply SMS with the up-to-date balance of their account.  Click for details: www.mbnepal.com

 


Multi-currency module now available
Since April 2004, AMK Cambodia has been beta-testing the new MBWin multi-currency module.  The development of this module was funded by GTZ Cambodia and AFD Cambodia.  It is available as an extra module within the MBWin system.

 

MBWin Lite: new low-cost entry-level system
The FAO-GTZ MBWin Steering Committee (MBSC) has agreed to a new version: MBWin Lite.  MBWin Lite will be an entry-level system that targets first-time users, in particular those who are planning to start-up microfinance operations from scratch.  MBWin Lite will be preconfigured with a chart of accounts and a limited number of products.  It will therefore be much easier to install and set-up than the full-scale MBWin system.  It will be available in January 2005.

 

Workshop on the reports module
From 22 to 27 August 2004, a workshop was held at the FAO Regional Office for Asia and the Pacific, concentrating on enhancements of the MBWin reports module.  Twelve experts reviewed various other banking and microfinance softwares, as well as reporting systems of MB DOS and MBWin users, and agreed on an enhanced architecture, that will allows for greatly enhanced reporting, especially historic reporting.

 

Daily installment loans for TPC Cambodia
TPC Cambodia has commissioned the MBWin Center of Excellence to develop Daily Installment Loans.  This new product has not been available in MBWin until now.  Loan installments will be due daily, every day of the week, including weekends and holidays.  The feature will be available to TPC in October 2004 and to other MBWin users probably in 2005.