Zirrat Bank, Agricultural Bank of the Republic of Turkey, which is the
biggest bank in the country, just announced that GRG HK, a wholly-owned
subsidiary of GRG, had won a bid for 1250 units of recycling machine- H68N.
H68N is a new generation cash recycler developed by GRG, with its own
Intellectual property. Cash recycler is quite a new technology in East Europe
market, but very popular in East Asia. With depositing and withdrawing by the
same mechanism, the cash recycling machine can reduce the bank’s total cost of
ownership and improve the operation efficiency remarkably.The bid is the biggest single order for recycling machine in European &
US market by far, which is of great significance for the introduction of
recycling technology in this region.Almost all the cash recycling machine suppliers had participated in this
bid, while GRG won the tender by the superior performance of transaction speed
and cash recognition.
The bank also promised that if the performance of the machine
is excellent, the bank will increase another 50% (625 units) of purchase, at the
end of the current project.
GRG
