Turkish lender Halkbank, the smallest by assets among the three
state-owned banks, has signed up 840 multifunctional ATMs from
Wincor Nixdorf for installation by the end of the year.
The ATMs are equipped with technology that enables consumers to
deposit cash (intelligent deposit modules) and also come with
dispensing functionality.
Go deeper with GlobalData
The roll out of the 840 ATMs increases the bank’s total ATM
distribution network to about 2,300 units.
According to Wincor Nixdorf, the devices provide the bank with
“cutting-edge technology”, which will prevent skimming and
cash-trapping attacks from fraudsters.
The vendor will carry responsibility for the maintenance of the
ATM network.
Halkbank is the third, and thus the smallest,
state-owned bank in Turkey.
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By GlobalDataAs of end-March, it had total assets of
TRY78.14bn ($47.3), just marginally less than the second largest
state-owned Turkish bank Vakifbank (TRY79.6bn in assets as of March
2011).
The largest state-owned bank, Ziraat, had
total assets of TRY153.2bn at the end of March.
Halkbank is also the sixth largest bank in
Turkey by assets overall.
