News

GRGBanking officially enters Romanian market with ATM installation

August 23, 2011

GRGBanking has completed its first ATM installation in Romania at the CEC Bank. GRGBanking was awarded a contract several months ago for its through-the-wall H22N cash dispenser, reports 4-Traders.

The manufacturer submitted a proposal to the bank in December, 2010. In partnership with Romanian partner ServuS, the company made it through the tests and pilot and received notification in February that it was selected by the bank.

Founded in 1865, CEC Bank is one of the top six banks in Romania and is state-owned. The bank focuses mainly on financing SMEs, agriculture, public administration, as well as those banking projects that contribute to the economic development of the country. It has more than 1,300 branches and agencies and a network of more than 900 ATMs.

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