NORTH CANTON, Ohio — Agricultural Bank of China has signed with Diebold Inc. to add 1,400 Opteva 328 ATMs and bulk-cash recyclers.
"Agricultural Bank of China's partnership with Diebold also furthers the financial institution's efforts to grow its self-service network, assisting in accelerating branch transformation and strengthening market share," said Daniel Hu, Diebold's vice president and managing director for North Asia and China.
The launch of the new Diebold Opteva ATM fleet will enable a bank customer to make deposits without using a banking card, Diebold says. That means farmers and other agricultural workers can transfer funds to their families, who traditionally live in remote rural areas, with much greater convenience and ease.
The solution will streamline these customers' transactions, improving the nature of banking for China's agriculture industry, Diebold says.
Agricultural Bank of China is among China's four largest state-owned commercial banks, with more than 31,000 branches and banking offices across the country. Its focus has been on improving productivity and reducing costs, while better serving its growing customer base.
Abroad, Agricultural Bank of China is listed as one of the World's Top 500 companies by Fortune.
