GRG Banking

GRG Banking is a subsidiary of Guangzhou Radio Group (GRG) that was established in 1957. The Guanzhou Radio Group is a state owned organisation which supplies communication solutions. GRG Banking's predecessor is Guangzhou Yun Tong Technology Engineering Limited which was founded in 1989. It was the first domestic ATM equipment manufacturer in China. In 1999, GRG invested in the financial electronics field with Guangzhou government’s support and set up an independent innovation high-tech enterprise - GRG Banking, which began producing ATM of its own intellectual property rights.

In April, 2000 GRG Banking successfully passed ISO9001 standard which was the final step in the global market for the company.^{[citation needed]}

On 1st Nov. 2010 the first Chinese ATM R&D Academy,GRG R&D Academy was founded by GRG Banking. So far, the GRG Banking ATM industry park has become the ATM manufacturing base with the largest ATM production capacity of the world.^{[citation needed]}

In April 2013 GRG banking passed the certification of the French Groupement des Cartes Bancaires CB^[1] to be able to sell the DT7000H22Nx (ATM) and the DT7000H68Nx (ATM) to the French market.

In February, 2016 GRG Banking as a provider of currency recognition and cash processing solutions. GRG Banking is the No.1 ATM supplier in China market for 8th consecutive year and top 4 in the world.^{[citation needed]} GRG's products are used in over 80 countries and regions worldwide, with over 220,000 machines installed.^{[citation needed]} GRG's products have been used in Finance, Telecom, CIT, and retail sectors. GRG has set up branch offices or subsidiaries in different countries of different areas including USA, Russia, Iran, Ecuador, Vietnam, and etc.^{[citation needed]}

In the United State, GRG International’s^[2] distributor is Cummins Allison Corporation^[3], who sells and services GRG Banking ATM products, including the H34N^[4], the H22^[5], the E300L^[6] and the H48ND^[7].

Products[edit]

Hardware[edit]

• Self-service hardware, ATMs
• Self-service hardware, Kiosks
• Self-service hardware, Ticket vending machines
• Self-service hardware, Video banking machines (VTM)

Services[edit]

• IT infrastructure services
• Managed services
• Payment
• Retail
• Self-service