News
GRG Banking to provide ATMs for Agricultural Bank of China
September 17, 2008
GUANGZHOU, China — GRG Banking Equipment Co. Ltd. says it has signed a deal with Agricultural Bank of China to provide ATMs/cash dispensers and cash recyclers.
According to a news release, the contract is expected to be worth between RMB 400 million (U.S. $58.5 million) and RMB 500 million (U.S. $73.2 million). GRG says the deal further enhances its stronghold on the Chinese ATM market.
Agricultural Bank of China is one of China's four state-owned commercial banks. It has 24,452 branches and is ranked the 65th among the world's top 1,000 banks, according to The Banker.
Related Media
Subscribe
Get the latest news and resources from ATM Marketplace.
