MOSCOW, March 20, 2017 /PRNewswire/ -- The Russian
Post Bank has selected Diebold
Nixdorf (NYSE: DBD) to supply 3,200 self-service cash
recycling systems together with software and services. End-to-end
cash management is at the core of the operational strategy of Post
Bank, which is expanding its retail banking network within Russian
Post office branches all over the country. The strategy will allow
for the discontinuation of traditional cashier stations, and enable
consumers to perform all cash transactions including loan grant,
settlement and deposits at the self-service systems. In 2015, Post
Bank became the first bank in the Russian market to convert its
entire self-service network to recycling technology.
By end of 2018, Post Bank will offer cash services to its
clients on more than 4,000 Diebold
Nixdorf recycling systems. The installation and associated
maintenance services will be provided by Diebold Nixdorf, together with the local
distribution partner, Terminal Plus.
According to a recent RBR report, automated deposit terminals
(ADTs) and recycling systems are gaining ground throughout the
world. RBR predicts that the number of installed ADTs will rise
from 1.2 million in 2015 to 1.7 million in 2021, with around 67
percent featuring a cash recycling functionality.1 On
average, the use of cash recycling systems has reduced the number
of CIT visits in Western Europe by
50 percent — with Post Bank experiencing periods of more than half
a year without CIT visits to many of its new cash recycling
ATMs.
"Diebold Nixdorf's outstanding
systems quality and comprehensive services has enabled us to
streamline operational efficiencies and achieve network growth in
smaller settlements and distant territories in Russia," said Elena Mokhnacheva, board member,
director of operations, Post Bank.
With its vast network of post offices and self-service devices,
Post Bank uses the ProView software platform to provide 24/7
monitoring and preventive maintenance of all Diebold Nixdorf cash recyclers. This enables the
bank to decrease the number of potential incidents and the
necessary travel from a field technician for an onsite visit.
"Diebold Nixdorf has proven
itself to be a strong IT partner for Post Bank, who can keep up
with the fast pace of the bank's expansion, providing efficient
cash processing with best-in-class software and service
capabilities," said Christian Weisser, Diebold Nixdorf senior vice president and
managing director, Europe,
Middle East and Africa. "Leading banks across the globe have
recognized the strategic importance of end-to-end cash management
and are increasingly upgrading their self-service fleets to include
cash recycling technology."
About Post Bank
Post Bank (License No650
issued 25.03.2016) is a universal retail bank established by the
international finance group VTB and the Federal State Unitary
Enterprise (FSUE) Russian Post on the base of Leto Bank (subsidiary
of VTB24 bank). VTB Group owns 50 percent plus 1 share of the bank,
and subsidiary of Russian Post owns 50 percent minus 1 share. Post
Bank is targeting mass-market customer segment. Customers of the
bank enjoy such services as savings accounts, deposits, wide
selection of loans, debit and credit cards, payments and transfers,
Internet and mobile banking. Link to the Bank's web site:
http://www.PochtaBank.ru/
About Diebold
Nixdorf
Diebold
Nixdorf, Incorporated (NYSE:DBD) is a world leader in
enabling connected commerce for millions of consumers each day
across the financial and retail industries. Its software-defined
solutions bridge the physical and digital worlds of cash and
consumer transactions conveniently, securely and efficiently. As an
innovation partner for nearly all of the world's top 100 financial
institutions and a majority of the top 25 global retailers,
Diebold Nixdorf delivers
unparalleled services and technology that are essential to evolve
in an 'always on' and changing consumer landscape.
Diebold Nixdorf has a presence in
more than 130 countries with approximately 25,000 employees
worldwide. The organization maintains corporate offices in
North Canton, Ohio, USA and
Paderborn, Germany. Shares are
traded on the New York and
Frankfurt Stock Exchanges under the symbol 'DBD'. Visit
www.DieboldNixdorf.com for more information.
1 Deposit Automation and Recycling 2016, RBR London,
Dec. 2016.
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SOURCE Diebold Nixdorf