Diebold Secures Major ATM Contracts in China and Taiwan

Strategic Insights -

Diebold Pacific Ltd. has made significant gains in the Asian market with two major contracts from the China Construction Bank and the Taiwan Hua Nan Commercial Bank. The China Construction Bank has awarded Diebold a US$9 million order for over 350 full-function ATMs and cash dispensers, while the Hua Nan Commercial Bank has signed a US$1.25 million order for more than 70 cash dispensers equipped with innovative advertising technology. These contracts demonstrate Diebold's capabilities in providing cutting-edge financial solutions and its commitment to expanding its presence in the Asia-Pacific region.

Key Takeaways:

  • Diebold Pacific Ltd. has been awarded a significant US$9 million contract from the China Construction Bank for over 350 full-function ATMs and cash dispensers.
  • The China Construction Bank aims to deploy Diebold ATMs to achieve its goal of a network spanning 100 cities by the end of 1998.
  • Diebold's innovative technology and superior services won the contract over several competitors.
  • The Hua Nan Commercial Bank (HNCB) has signed a US$1.25 million order for over 70 cash dispensers that will use innovative advertising technology.
  • HNCB chose Diebold due to its ability to provide superior convenience to its customers.
  • Diebold's authorized distributor in Taiwan, Licent Information Technology, worked closely with HNCB to create advertising screens that will increase revenue and brand recognition.

Statistics:

  • US$9 million: Value of the contract awarded to Diebold by the China Construction Bank.
  • 350: Number of full-function ATMs and cash dispensers ordered by the China Construction Bank.
  • 100: Number of cities targeted by the China Construction Bank for its ATM network by the end of 1998.
  • US$1.25 million: Value of the contract awarded to Diebold by the Taiwan Hua Nan Commercial Bank.
  • 70: Number of cash dispensers ordered by the Hua Nan Commercial Bank.
  • $30 billion: Assets of the Hua Nan Commercial Bank.
  • 7,000: Number of associates employed by Diebold worldwide.
  • 135: Number of locations worldwide where Diebold has a presence.
  • US$1.2 billion: Revenue reported by Diebold in 1998.

Sources:

  • Diebold Pacific Ltd. press release, August 18 /PRNewswire/.
  • China Construction Bank representative, Mr. Li Deran, quoted in the press release.
  • Diebold Pacific Ltd. managing director, Mr. Daniel Hu, quoted in the press release.
  • Diebold website, www.diebold.com.