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South African bank invests in Diebold ATMs

April 25, 2006

Fin24: Johannesburg's First National Bank said it expects to spend R100 million ($16.2 million) this year rolling out 500 new retail ATMs. Mike Arnold of FNB said the investment marked a break from tradition. FNB has signed an ATM deal with Diebold Inc., shifting from its previous supplier, NCR Corp.

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