GRG Banking Equipment Co., Ltd. : Bank of China awards GRG US$66.5m ATM contracts
01/18/2012 | 01:37am
Bank of China (BOC), one of four state-owned banks in the
Peoples Republic of China, has awarded two multi-million
dollar contracts on December 7, 2011, on ATM equipment supply
and software installation for ATM management.
The total contract amount is 66.5 million US Dollar (420
million CNY), about 20.88 percents of its 2010 operating
revenue of the company.
According to GRGBanking, the contract will have a positive
impact on its 2011 revenue and profit.
Bank of China had awarded GRGBanking on August 2011 two
contracts worth 27.9 million US Dollar (180 million CNY).
