The Central Bank of Nigeria mandated commercial banks to issue loan-to-deposit ratio (LDR) and must now be 65 per cent, from the initial 60 per cent.

This shows how loan is an important part of the DMB's, NGO's, MFI's, MFB's and micro-credit institutions.

It also shows the need for Sysbanker EE application to handle application processes to loan disbursements into customers account.

With Sysbanker EE, the financial lenders can do the following;
1. A simple user interface for booking new loans and viewing new and old loans with approvals .
2. Loan transactions report (micro-loans, staff loans, personal loans) etc.
3.Sysbanker EE auto generates a detailed loan classification report and Sysbanker EE also handles this report with lending model, breakdown of other loans, summary of loan classification (performing, pass & watch, doubtful, lost), summary of non-performing loan and sectoral analysis of loans (commerce, agriculture, personal) etc.
4. Loan repayment schedule.
5. Discriminatory lending rates to Customers.

The presence of a secure and robust banking application helps financial lenders to drive down cost, reduce and/or eliminate fraud to achieve economies of scale.

Sysbanker EE,  your reliable partner in microfinance banking.

Kindly reach out to us at Mira Technologies  or visit our website https://www.miratechnologiesng.com/products/sysbankeree/  or call Jumoke on 08168002506.

#Technology #Microfinance #Banking #Software #Sysbankeree.

those it work offline or online?

good morning, it can work either ways depending on your choice ,

Olamotad:
those it work offline or online?