Tech Bytes: Michigan Bank Installing Lending System

Michigan National Bank, a subsidiary of National Australia Bank, is installing IQ Financial Systems Inc.'s commercial lending system for syndication, agency, and back-office use. Gail Glassbrook, director of lending and international services at Michigan National, said the system, LoanIQ, is expected to help increase revenue and improve efficiencies.

The client/server-based system is expected to go live at Michigan National in December.

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