Agricultural Bank to launch ATM network bid

By: Islam Fadl

Cairo – Mubasher: The Agricultural Bank of Egypt (ABE) will launch a tender for implementing an automated teller machine (ATM) network, the lender’s vice president said.

The bank will set up 1,200 ATM across its branches in the coming three years, Tamer Gomaa told Mubasher in a phone call.

The cost of the ATMs will average between EGP 250 million and 300 million, Gomaa highlighted.

He noted that NCR Egypt and Egy Service will take part in ABE’s bid.

MUBASHER Contribution Time: 09-Oct-2018 10:02 (GMT)
MUBASHER Last Update Time: 09-Oct-2018 11:19 (GMT)