News

Indonesia's largest private FI to install OKI cash-recycling ATMs

March 11, 2013

Japanese manufacturer OKI has announced the delivery of its ATM-Recycler G7 to PT Bank Central Asia Tbk, Indonesia's largest private bank. Installations are slated to begin in August, marking the first deployment of OKI cash-recycling ATMs in South Asia.

"We are proactively introducing automated equipment and innovative technologies," said BCA managing director Armand W. Hartono. "As part of these efforts, we ran a pilot project of OKI's ATM-Recycler G7 from May to December 2012. We were pleased with its high-reliability and future expandability to recycling functions, leading to installation of these units."

Economic growth continues in Indonesia; installation of ATMs and cash dispensers reached 50,000 units in 2011, the highest number in Southeast Asia. Indonesia's total ATM is expected to reach 80,000 units by 2015.

OKI completed delivery of the G7 in Russia last year and currently claims the largest share of cash-recycling ATMs in China. In a news release, the company said it plans to accelerate global sales development — particularly in emerging markets — and hopes to capture 40 percent of the global ATM market.

Read more about installation and deployment.