
GRG Banking
Encyclopedia
GRG Banking is a Chinese state-owned listed enterprise (SZSE: 002152), specialized in the financial self-service industry. GRG is engaged in R&D, manufacturing, sales and service, software development for ATMs, AFCs and other currency recognition and processing equipments for over 20 years.
GRG Banking 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.
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.
History
GRG Banking is a subsidiary of Guangzhou Radio Group (GRG) that was established in 1957. The Guanzhou Radio Group is a state owned military communication supplier.GRG Banking 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.
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.
Hardware
- Self-service hardwareSelf checkoutSelf checkout machines provide a mechanism for customers to pay for purchases from a retailer without direct input to the process by the retailer's staff. They are an alternative to the traditional cashier-staffed checkout...
, ATMsAutomated teller machineAn automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public... - Self-service hardwareSelf checkoutSelf checkout machines provide a mechanism for customers to pay for purchases from a retailer without direct input to the process by the retailer's staff. They are an alternative to the traditional cashier-staffed checkout...
, Kiosks - Self-service hardwareSelf checkoutSelf checkout machines provide a mechanism for customers to pay for purchases from a retailer without direct input to the process by the retailer's staff. They are an alternative to the traditional cashier-staffed checkout...
, Ticket vending machines
Services
- ITInformation technologyInformation technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
infrastructure services - Managed servicesManaged servicesManaged services is the practice of transferring day-to-day related management responsibility as a strategic method for improved effective and efficient operations inclusive of Production Support and lifecycle build/maintenance activities...
- Payment solutions
- Retail solutions
- Self-service

