This relationship with Diebold provides Agricultural Bank of China a greater reach into its widespread customer base, which will benefit from the many new banking services and enhanced accessibility the Opteva 328 ATM offers.

"Agricultural Bank of China's partnership with Diebold also furthers the financial institution's efforts to grow its self-service network, assisting in accelerating branch transformation and strengthening market share," said Daniel Hu, Diebold's vice president and managing director, North Asia and China. "Diebold prides itself on offering innovative solutions that will position financial institutions with the necessary resources to meet any end- user need."

The launch of the new Diebold Opteva ATM fleet will enable customers to make hassle-free deposits without the need for a banking card. This allows farmers and other agricultural workers to transfer funds without a card to their families, who traditionally live in remote rural areas, for easy withdrawal from Agricultural Bank of China's branches using an ATM card. Diebold's innovative solution will streamline these customers' transactions, improving the nature of banking for China's agriculture industry.

Agricultural Bank of China is among the four largest state-owned commercial banks in China, with more than 31,000 branches and banking offices across the country. Its focus has been on improving productivity and reducing costs while better serving its growing customer base. Abroad, Agricultural Bank of China is listed as one of the World's Top 500 companies by Fortune.

Diebold's well-tailored strategy has assisted the bank in implementing a self-service solution that offers its customers the advanced functionality they require. This partnership also will help the bank build stronger, more lasting relationships with customers, which aligns well with its strategy to improve efficiencies while facilitating growth.

"An additional benefit for the financial institution is Diebold's unparalleled service offerings," Hu said. "These services will provide the support necessary to simplify Agricultural Bank of China's transition to a larger self-service network and will allow the financial institution to optimize its long-term strategy through enhanced accessibility, improved uptime and increased profits."