1100 NCR ATMs to be installed within next one yr

Managing Director of DBBL K.S Tabrez and Managing Director of Technomedia Limited Joshoda Jibon Deb Nath exchanging documents in the signing ceremony of the agreement under which Technomedia Limited will supply 1100 NCR ATMs. Deputy Managing Director of DBBL Abul Kashem Md. Shirin and COO of Technomedia Khorshed Alam also attended the programme held Monday.

The Dutch-Bangla Bank Limited (DBBL) has moved to install 1,100 more ATM booths in different locations of the country within March of next year.

The bank, already having the largest network of Automated Teller Machine (ATM) across the country, will set up the new ATM booths in phases.

To purchase and set up the new ATMs, the DBBL signed an agreement with Technomedia Limited (TML), a local ICT company, at the DBBL head office in the city Monday.

With the latest agreement, Technomedia Limited will be able to supply a total of 3700 NCR ATMs to the DBBL.

The DBBL took the move to set up such a big number of ATMs only one and half months after the Bangladesh Bank (BB) relieved the banks from taking its prior permission to install new ATM.

Under the Monday's deal, the TML will supply 1,000 ATM booths of NCR brand at the cost of Tk 400 million; additionally, 100 units of ATM will be supplied at free of cost, sources said.

TML is a local agent of NCR Corporation, a US-based computer hardware, software and electronics company.

"In order to carry out its banking business more efficiently and conveniently, DBBL intends to procure NCR ATMs to install at its different branches and other suitable locations in the country."

Some 200 ATMs, along with proportionate 20 units of free ATMs, will be installed in the first phase while rest of the ATMs will be supplied within two years of issuance of DBBL's work order in phases, as per the deal.

All the shipments will be made from Hungary, the agreement noted.

The TML will give comprehensive warranty of one year that will begin from date of delivery of goods at the DBBL warehouse.

After the warranty, the period of annual maintenance contract (AMC) will start under a service level agreement (SLA) between the two companies.

Under another deal with DBBL, TML has installed a total of 573 units of NCR ATM and 573 units of cash deposit machines (CDM) under the buy-back policy with Diebold ATMs.

TML supplies NCR ATMs and MICR cheques to some 22 banks and financial institutions.