GRG Banking wins 1000 ATM units order from Middle East

GRG Banking Equipment Co.,Ltd.’s new subsidiary, GRG Banking Equipment(HK) Co.,Ltd., secured an order to supply 1,000 units of automated teller machines for a Middle East bank.

The bank will lease the Full-function ATMs, including H38N and H38NL, from the local partner of GRGB(HK). According to GRGB, the H38N and H38NL will be serving for five years after the completion of the contract.

The full function ATM H38N/L, which supports cash withdrawal, envelop deposit & cash deposit, and check scanning among other services, is noted as popular in the Middle East, Vietnam, Africa and North America.

The client bank, although undisclosed at the moment, has over 80 years’ history, 3,300+ branches and over 4,000 units ATM.

Prior to this order, there are approximately 4,000 GRGB ATMs installed throughout the Middle East.

GRGB, the first ATM supplier in China, has been engaged in R&D, manufacturing, sales and service of ATM and other cash processing and self-service solutions for more than 20 years. Its products and solutions are supplied to the financial, retailer, cash-in-transit, telecom, railway and petroleum industries in over 50 countries.

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