- June 2017, MBWin Version 6.0.1 release. Read more ....
- September 2015, MBWin Version 5.1.0B release. Read more ....
- April 2015, MBWin Version 5.1.0A release. Read more ....
- December 2014, MBWin Version 5.1.0 release. Read more ....
- November 2013, MBWin Version 5.0.3A release. Read more ....
- April 2013, MBWin Version 5.0.3 release. Read more ....
- Febuary 2012, MBWin Version 5.0.2 release. Read more ....
- November 2011, Foreign Exchange module implemented. Read more ....
- September 2011, Pilot Implementation of the On-Line Branch Module in Butwal Finance Ltd. Read more ....
- March-November 2011, More ATM operations started live in SriLanka and Philippines and Nepal. Read more ....
- November 2010,Launch of ATM operations at Bimputh Lanka Investments in Sri Lanka. Read more ....
- February 2010, MBWin version 4.8.0 released. Read more ....
- November 2009, MBWin 10th anniversary – history, new developments and future plans. Read more ....
- November 2009 ,MBWin Islamic Banking Features. Read more ....
- November 2009, FingerPrint verification interface. Read more ....
- November 2009, Interface with World Council of Credit Unions PEARLS Monitoring system. Read more ....
- October 2009, MBWin in CGAP’s software reviews. Read more ....
- April 2009, Sagarmatha Merchant Banking & Finance Ltd in Nepal launches ATM service. Read more ....
- October 2008, MBWin version 4.7.0 released. Read more ....
- February 2008, MBWin version 4.6.1 released. Read more ....
- March 2007, MBWin version 4.5.6 released. Read more ....
- October 2006, MBWin version 4.5.5 released. Read more ....
- New MBWin users in 2006. Read more ....
- April 2006, MBWin Version 4.5.4 released Read more ....
- 29 June 2005, Workshop 'Management Information System for MFIs - MicroBanker
' in Colombo, SriLanka.Read more...
- June 2005, MBWin Version 4.0.2 released
- May 2005, Many MBWin users among CGAP 2004 Transparency Award Recipients. Read more...
- Mobile Phone Banking now available. Read more...
- Multi-currency module now available. Read more....
- MBWin Lite: new low-cost entry-level system. Read more....
- Workshop on the reports module. Read more....
- Daily installment loans for TPC Cambodia. Read more....
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:
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:
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:
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.
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.
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.
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.
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.
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:
- Monitoring tool with PEARLS financial ratios
- Ranking tool for comparing credit unions
- Business planning tool to create strategic plans that help improve performance
- Customizable labels that can be adapted to suit local language requirements
- User guides and manuals
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.
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.
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.
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.
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.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.