Agriculture Bank of China, one of the country's four largest state-owned commercial banks, has placed another order with Wincor Nixdorf for the supply of automated teller machines.
Wincor Nixdorf is to install 877 ATMs in the bank's branch network which consists of 37 main provincial branches, over 30,000 other branches and 400 self-service centers. The contract is, in terms of volume, one of the largest orders Wincor Nixdorf has won in China and sees the service provider which specializes in branch banking and distributed retailing continue its planned expansion in Asia.
The business relationship between Agriculture Bank of China and Wincor Nixdorf goes all the way back to 1997, and the bank now has over 1,300 Wincor Nixdorf self-service systems in service. This latest award saw various different companies selected as suppliers, with the largest share of volumes going to Wincor Nixdorf. As part of its global growth strategy, Wincor Nixdorf is aiming to expand its business activities on a step-by-step basis, in particular in Asia and the Americas now that, in Europe, the company has secured the market leadership position in retail and taken the Number 2 position in banking.