GRGBanking Won the Bid from ICBC in ATM Open Tender for both China and Overseas Market

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GUANGZHOU, 3 May, 2017 -- GRGBanking, a leading provider in cash processing solutions, announced that the company has been shortlisted in Industrial Commercial Bank of China Ltd (ICBC) in ATMs tender bidding both at home and abroad. After the successful bid, GRGBanking has become the only ATM manufacturer that successfully entered all the six state-owned banks in China.

 

On 20 April, 2017, GRGBanking received a notice from Sinochem International Tendering Co., Ltd. that GRGBanking has been short-listed in ICBC overseas ATMs open bidding. (Tender No.: 0747-1760SITCD128).

 

On 2 May, 2017, “The biding result of ICBC domestic cash dispenser tender” was released by Sinochem International Tendering. (Tender NO.: 0747-1760SITCD001). GRGBanking was successfully nominated as one of the qualified suppliers for cash dispensers.

 

ICBC is one of the top large listed banks in the world, processing an excellent customer base, a diversified business structure, strong innovation capabilities and market competitiveness. ICBC has been one of the key target customers of GRGBanking. It’s the first time for GRGBanking to acquire the open tender from ICBC at home and abroad, marking a new breakthrough in the ATM network expansion of the world.

 

Previously, GRGBanking has been carrying out the cooperation with ICBC in the intelligent branch transformation, such as Cash Recycling Machines, Self-service Package equipment, Video Teller Machines as well as High-end financial services outsourcing business.

 

About ICBC

ICBC is one of the top large listed banks in the world, processing an excellent customer base, a diversified business structure, strong innovation capabilities and market competitiveness and providing comprehensive financial products and services to 5,784 thousand corporate customers and 530 million personal customers.

 

About GRGBanking

GRGBanking, a leading provider in cash processing solutions, GRGBanking specializes 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. Meanwhile, GRG’s various software solutions and comprehensive services are widely used in both financial and non-financial industries, such as retail, cash-in-transit, parking, postal, telecom, etc.