A new class of approximate inverse banded matrix techniques based on the co
ncept of LU-type factorization Procedures is introduced for computing expli
citly approximate inverses without inverting the decomposition factors. Exp
licit preconditioned iterative schemes in conjunction with approximate inve
rse matrix techniques are presented for the efficient solution of banded li
near systems. Applications of the method on a linear system are discussed a
nd numerical results are given.