Compliance and control for banks.

Banks operate under intense scrutiny. We help them manage leases, assets and people with the accuracy, controls and audit trails the sector demands.

NFRS 16 for banks, without the spreadsheets

A bank's lease portfolio is large and always changing: new branches and extension counters, ATM sites, regional offices, rent revisions, relocations and closures. Under NFRS 16, every one of those agreements needs a lease liability, a right-of-use asset and a full schedule of interest and depreciation.

SF Tech's NFRS 16 Lease Software keeps the whole portfolio in one controlled register and calculates everything at the click of a button. Lease data loads from Excel, and the software generates the journals, the accounting report, the maturity analysis and the tax summary your finance team and auditors need.

It's the same software Nepal Telecom uses for its nationwide lease portfolio.

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Built for

✓ Commercial banks
✓ Development banks
✓ Finance companies
✓ Microfinance institutions
✓ Infrastructure and other NRB-licensed institutions

Branch & ATM leases

Every rent agreement in one register, with its term, advance rent and escalation clause
Agreements and contracts stored against each lease

Audit & inspection ready

Each figure traces back to the agreement and the calculation
Super user and any number of users, with every change tracked

Reports & journals

NFRS 16 accounting report, journals and maturity analysis
Rent paid vs NFRS 16 expense under the Income Tax Act 2058

Mergers & acquisitions

Bring two lease portfolios onto one basis with a single Excel upload
Branch closures handled as partial or full terminations

See your branch leases in NFRS 16 terms.

Send us 3 to 5 sample rent agreements and we'll show you the full NFRS 16 workings in a 20-minute demo.

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Supreme Fintech Pvt. Ltd., Koteshwor, Kathmandu. +977-9849624350. info@supremefintechnepal.com