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GEIT Secures Bid for Bank of Dalian Intelligent Cash Integrated Machine Project

Release date: 2019-05-31 10:03:41 | View: 37

Summary:

Recently, GEIT has been officially awarded the contract for theIntelligent Cash Integrated Machine Procurement Project byBank of Dalian Co., Ltd. (Bank of Dalian).GEIT’sIntelligent Cash Integrated Machine supports fully customizable modular configura…

Recently, GEIT has been officially awarded the contract for theIntelligent Cash Integrated Machine Procurement Project byBank of Dalian Co., Ltd. (Bank of Dalian).

GEIT’sIntelligent Cash Integrated Machine supports fully customizable modular configurations to address diverse business scenarios.By integratingstate-of-the-art financial self-service technology with high- and low-counter services, the solution delivers both cash and non-cash transaction capabilities, covering more than90% of over-the-counter banking processes.

Against the backdrop of rising labor costs and efficiency demands, banking branches are accelerating intelligent transformation.A key innovation of GEIT’s solution is enablingself-service processing of large-sum cash deposits and withdrawals.The system automates banknote verification, counting and sorting, enhancing cash security while significantly improving service efficiency and user experience.It effectively relieves peak-hour congestion, reduces per-transaction and operational costs, and minimizes processing errors.

By shifting routine operations tointelligent self-service and semi-self-service, the solution frees frontline staff from repetitive tasks to focus oncustomer engagement, financial planning and wealth management services.This strengthens customer loyalty and marketing capacity, empowering the bank to build new core competitiveness, drive cost reduction and efficiency gains, and maximize operational value.

About Bank of Dalian

Bank of Dalian is a key subsidiary ofChina Orient Asset Management Co., Ltd., with a registered capital ofRMB 6.8 billion.

It operates 8 branches in Beijing, Shanghai, Tianjin, Chongqing, Chengdu, Shenyang, Dandong and Yingkou, plus the head office business department and 4 central sub-branches in Dalian.The bank now has190 service outlets and more than6,100 employees.

By the end of 2018, Bank of Dalian recorded total assets ofRMB 418.8 billion, outstanding loans of RMB 181.4 billion, and deposits of RMB 265.0 billion.InThe Banker’s 2018 Top 1000 World Banks ranking, it was placed303rd globally.

About China Orient Asset Management

China Orient Asset Management Co., Ltd. is the controlling shareholder of Bank of Dalian, holding50.29% of total shares.Founded jointly by the Ministry of Finance and the National Council for Social Security Fund, it is a state-owned financial group offering a full spectrum of services including asset management, insurance, banking, securities, trust, fintech and international business.

Future Strategy

Going forward, Bank of Dalian will leverage China Orient’s full-value-chain financial platform to optimize business structure and strengthen support for the real economy and inclusive finance.It will promotedeep integration of fintech and traditional banking, accelerate retail transformation toward wealth management, and develop a light-capital, “Commercial Bank + Investment Bank” model.Committed to compliance, risk control and steady growth, the bank strives to become amarket-oriented, refined and intelligent modern commercial bank.

As a leading total solution provider in thefinancial self-service equipment sector, GEIT is widely recognized by financial institutions for its high-performance products and professional end-to-end services.

This successful bid underscores GEIT’s consistent mission:“Empowering Financial Self-Service Through Technological Innovation.”

GEIT will continue to enhance product quality and service capabilities, ensure stable and secure operation, and empower the intelligent transformation of smart banking branches.

 

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