GRG Suitong, Citibank ink cash management service deal in Guangzhou

GRG Suitong Banking service Co.,Ltd, a subsidiary of GRGBanking, signed an ATM outsourcing service deal with Citibank(China)on April 26th.


Under the agreement, GRG Suitong Banking service will provide cash management services for Citibank Guangzhou's ATM network, including first line maintenance, cash replenishment, cash sorting and other value-added management service. Citibank Guangzhou expects to improve both the ATM network's management efficiency and the client service quality through the partnership with GRG Suitong Banking service.


Citi is among the first international banks to locally incorporate in China. It established the first office in Shanghai on May 15, 1902.With operations in more than 140 countries around the world, Citi is the most global of all international banks in China. Today, Citi has 9 local corporate bank branches - in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Chengdu, Hangzhou, Dalian, Chongqing and Guiyang – and 31 consumer bank outlets.


“It is a Win-Win cooperation. On one hand, it is a testament of our expertise to be a partner of such a leading international bank. On another hand, we are also confident that Citibank (China) will benefit from our proven outsourcing solutions," said Zhenguang Chen, the general manager of GRG Suitong Banking service.


Over years of exploration and experience in financial self-service industry, GRGbanking has built a successful business expansion model. By far, the company has already established subsidiaries to provide cash management service for banks in many Chinese cities like Guangzhou, Nanjing, Shenzhen, Wuhang, Xining and so on. Among them, GRG Suitong Banking service is focusing on Guangzhou market. It’s technical background and professional service have won the trust of many leading banks in China such as ICBC, BOC, SPD Bank and etc.