GRG's new intelligent cash recycling ATM model debuts in LzO, Germany



GRGBanking announced that its new model of intelligent cash recycling ATM had been put online by Landessparkasse zu Oldenburg (LzO), the oldest still-existing savings bank in the world and one of the 25 biggest in Germany.


Located in the bank’s branch in Oldenburg, Germany, the ATM provides automated deposit and withdrawal for bank customers, with entirely new appearance and better user experience. The ATM is equipped with two screens and one of them can be used for video conferencing or presenting advertisements.


The new model of GRGBanking will be showcased in the event ”FI Forum 2014” in Frankfurt am Main, Germany, which is one of the major events in the banking industry. Hendrik Eckholt, General Manager of GRG’s German subsidiary GRG Deutschland GmbH, will be present in the event.

Date: Nov 18-20, 2014

Location: Messe Frankfurt, Hall 11.1, Frankfurt am Main, Germany

GRG Booth No.: P-17

For more information:


About Landessparkasse zu Oldenburg

Founded in 1786, LzO is the oldest still-existing savings bank in the world and one of the 25 biggest in Germany. LzO offers full range of banking services to retail and corporate customers, serving its clients at more than 120 branches with a staff of approximately 1,700.


About GRGBanking

GRGBanking is a leading provider of currency recognition and cash processing solutions in the global market with great potential and rapid development. GRG specialize in the development/ manufacturing of Automatic Teller Machine (ATM) for financial institutions and retailers, Automatic Fare Collection (AFC) devices for railway or underground systems, as well as other currency recognition and cash processing equipment, modules and systems for over 20 years. Besides, GRG’s various Multi-Channel Software Solutions and Services cover the needs of the financial industry, retail, transportation, payment, self-service, cash automation, cash management outsourcing and managed services, customized for different customers around the world.