More News
BANKING TECHNOLOGY | Staff Reporter, China

GRGBanking seals USD74.87m deal with Bank of China

These 2 supply contracts are for self-service banking equipment from China.

In a release, GRGBanking Equipment Co., Ltd. announced recently that it won two supply contracts for self-service banking equipment from Bank of China.

The contractual value hits about CNY 470 million (USD 74.87 million), equivalent to 19.24% of the audited operating revenue reported in 2011.

The above-mentioned value includes equipments, installation of software and hardware, warranty service, training service and other services stated in the contracts.

According to GRGBanking, the contract will have a positive impact on its revenue and net profits in 2012.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.