MBv8 replaces MicroBanker

To remain competitive, rural bankers are looking for high-end banking solutions designed for efficiency and introduces functional features that revolutionize community-based banking business processes. The days of stand-alone computers or DOS-driven computing are now as ancient as analogue mobile technology.

MBPhilippines, which was among the first to introduce technology to the rural banking system, has made the necessary adjustments and is now offering the latest banking solutions suited for the rural bankers and countryside development.

The complete banking applications is based on a business construction for the rural banks, as well as the thrift banking system using MBv8, a Windows-based premier core banking software system.

The MBv8 has fully integrated deposits, loans, microfinance, general ledger and customer information modules. It is compliant to the reportorial requirements and exhibits great security, flexibility and user-friendliness sought by the Bangko Sentral ng Pilipinas (BSP).

It can conveniently interface with ATMs and PDAs as well as MABS and PCFC microfinance-capable.

The MBv8 is capable of remote access and conveniently interfaces with Microsoft Word and Excel, and has a 64-bit operating systems and processors. MBv8 enables rural banks towards centralized computing and mobile/Internet banking.

The MBv8 system will allow banks to be more creative in mobilizing its funds and serving the client public, and thus fulfill its role as business and community centers in the countryside.

MBPhilippines was established in 1995 by rural bankers and competent software developers in cooperation with the Rural Bankers Association of the Philippines (RBAP) with the help of the United Nations. It helped develop, customize and propagate the MicroBanker standard runtime edition (SRTE).

The old but still effective MicroBanker SRTE is a banking software package that comes real-time transaction processing, general accounting and information retrieval functions with the low-cost microcomputer hardware. Advance and cost effective in its class, the MBSRTE System covers loans, CASA, time deposits, customer information file, and general ledger.

MBPhilippines is the leading rural banking software provider in the Philippines supporting more than half of the more than 800 rural banks.