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RETAIL BANKING | Staff Reporter, China

GRG wins recycling machines bid from Ziraat Bank

GRG HK, a wholly-owned subsidiary of GRG, had won a bid for 1250 units of recycling machine H68N from the Agricultural Bank of the Republic of Turkey.

H68N is a new generation cash recycler developed by GRG which can reduce the bank’s total cost of ownership and improve operation efficiency with its depositing and withdrawing mechanism.

“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,” said a GRG announcement.

The bank will increase another 50% (625 units) of purchase at the end of the current project if it finds the machine's performance satisfactory.

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