OTP Bank Romania Banks on NCR Self-Service Technology.Subsidiary of One of the Largest Banks in Central and Eastern Europe The term "Central and Eastern Europe" came into wide spread use, replacing "Eastern bloc", to describe former Communist countries in Europe, after the collapse of the Iron Curtain in 1989/90. Purchases 105 NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers ATMs DAYTON, Ohio -- OTP Bank Romania, the Romanian subsidiary of OTP Bank Hungary, has ordered 105 new NCR Personas automated teller machines (ATMs) in a drive to expand the self-service areas at its branch offices. OTP Bank Hungary, one of Central and Eastern Europe's top-five banking institutions, uses NCR exclusively for its self-service solutions. The purchase includes NCR's leading APTRA APTRA Asociación de Periodistas de La Televisión Y Radiofonia Argentinas (Argentina) APTRA Associated Press Television-Radio Association of California & Nevada ([TM]) software, including APTRA Advance NDC NDC National Drug Code NDC NATO Defense College NDC National Documentation Centre (National Hellenic Research Foundation, Athens, Greece) NDC National Dairy Council NDC National Democratic Congress and APTRA Promote for on-screen product promotions and advertising. Printec, a sales and service organization with a prominent presence in Central, Eastern, as well as Southeast Europe, and a longstanding, close relationship with NCR, will be responsible for installing and maintaining the technology for OTP Bank Romania. "Besides the hardware and software functionality of the self-service solutions, the proven services of NCR's partner Printec via 22 service centers across Romania were a further factor in our purchase decision," said Laszlo Diosi, deputy head of the Retail Division for OTP Bank Romania. "Printec has an outstanding presence and extensive experience in NCR self-service solutions." About the OTP (1) (One Time Programmable) Refers to programming content or logic into chips such as EPROMs and EEPROMs, which cannot be reversed. See antifuse. (2) (One Time P Group OTP Bank is a retail-focused universal bank which, together with the other financial service providers of the group, is the leading financial group in Hungary's banking market of more than 30 players. The bank had a market share of 24.4 percent as of Sept. 30, 2006, based on its consolidated total assets of HUF HUF In currencies, this is the abbreviation for the Hungarian Forint. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 6,147.7 billion (cc. EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 22.5 billion). With its foreign subsidiaries in Bulgaria, Croatia, Montenegro, Romania, Russia, Serbia, Slovakia and Ukraine, OTP Bank is one of the dominant players in the banking market of Central and Eastern Europe, in addition to being one of the most profitable credit institutions in all Europe. At present, OTP Group serves more than 11 million clients in nine countries and has around 18,900 employees. About Printec Group Printec Group is today one of the fastest growing information technology companies in Southeast Europe. The group offers integrated electronic transactions solutions, using products from vendors like NCR, VeriFone, Gemalto and DeLaRue. Printec Group's headquarters are located in Athens, Greece. With subsidiaries in Bulgaria, Cyprus, Slovenia, Slovakia, Romania, Croatia, Serbia, Moldova, Albania, FYROM FYROM Former Yugoslavian Republic Of Macedonia and Bosnia, Printec is leading the evolution in banking solutions and information technology in Southeast Europe. Further information about Printec Group can be found at www.printecgroup.com. About NCR Corporation NCR Corporation (NYSE NYSE See: New York Stock Exchange :NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's Teradata[R] data warehouses, ATMs, retail systems, self-service solutions and IT services provide Relationship Technology[TM] that maximizes the value of customer interactions and helps organizations create a stronger competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 29,300 people worldwide. NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. |
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