Algeria Gulf Bank Launches First Self Banking Branch with GRG ATM

Above: First Self Banking Branch of Algeria Gulf Bank Launched in Oran

Algeria Gulf Bank (AGB) launched its first self banking branch in the center of Algiers, capital of Algeria, on March, 2012.

The branch aims to offer users advantages such as flexibility, comfort, proximity, speed and especially the availability 24/7 with H38N, a full-function through-the-wall ATM from GRGBanking.

The concept is based on the idea of allowing customers to conduct all banking operations without the intervention of personal banking at the counter. Through ATMs, customers can make cash withdrawal, cash deposit, check deposit, balance inquiry, edition statement, checkbook control or bank card, without the help of bank teller.

H38N offers the widest range of options, including cash withdrawal, cash and cheque deposit, passbook update, A4 statement printing and other value-added services. With optional single note acceptor, H38N can be customized as a currency exchange machine. Bulk-note acceptance further strengthens its versatility and availability.

AGB’s objective is to become the leading bank for the banking center for innovation in banking products and services. The bank has been conducting since 2008 a new strategy for expanding its branch network throughout Algeria. Another self banking branch will soon come into service in Sidi Fredj, a coastal town in Algiers.

AGB also launched in February the service of drive-up banking, the first one in Algeria. The ATM allows customers to withdraw cash without leaving the car, with advantages like comfort, speed and security.

About Algeria Gulf Bank

Algeria Gulf Bank is a universal bank under Algerian law, operating in Algeria since 2003. It offers individuals, professionals and corporate a wide range of innovative banking products, whether in conventional finance or comply with the dictates of Sharia, the moral code and religious law of Islam. Its main shareholder, the Kuwaiti Group KIPCO Holding, is one of the largest diversified groups in the Middle East and North Africa. It manages assets of over $ 25 billion and employs 8,000 people in 21 countries.

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 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.