Sathapana Bank announced on May 8 that it would roll out new cash recycling ATMs in branches and off- sites countrywide to bring a new level of express banking services to the customers. The bank will introduce 50 new cash recycling ATMs across the country increasing the total number of Sathapana’s ATMs to 150 so far this year.
“Sathapana is making investment in latest technologies, such as cash recycling ATMs, to provide our customers with fast, secure and convenient banking services and experiences across the country,” said Mr. Norihiko Kato, Chief Executive Officer of Sathapana Bank.
Mr. Kato added, “With the new ATM, customers can deposit cash into their account anytime including before and after business hours, weekends, and holidays. The new machine can accept the largest number of cash notes to deposit with precise sensing technology.
Of course, with the ATM, customers can withdraw cash and make remittances and other transactions as they can already do now. Also, cash recycling ATMs reduces frequency of cash replenishment required, which improves the efficiency of operation of the bank.”
Sathapana Bank is one of the leading commercial banks in Cambodia with total assets of over $1 billion.