August 4, 2011
Bank of China, one of four state-owned banks in the Peoples Republic of China, has awarded GRG Banking Equipment Co. Ltd. two multi-million dollar contracts to supply ATM equipment and install ATM management software.
The total contract valueis $27.9 million, about 9 percent of the revenue of the company’s last fiscal year.
BOC also purchased FEEL View ATM monitoring system and SECOne security software from GRG.
The bank already has 14,000 GRG-manufactured ATMs installed throughout its branches and off-premises self-service centers.
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