OFFTEC Completes Project to Replace 47 ATMs for The National Bank in Palestine

Press release

Published September 6th, 2023 - 08:59 GMT

OFFTEC Completes Project to Replace 47 ATMs for The National Bank in Palestine

The robust and strategic partnership between OFFTEC Palestine and TNB is underscored by a series of past projects, including a Queue Management System

OFFTEC Palestine - a subsidiary of OFFTEC Holding Group PLC (OHG) - has successfully concluded a project to replace 47 ATMs for The National Bank (TNB) in Palestine. The upgraded ATMs feature the latest technologies aimed at providing the bank's customers with new, cutting-edge services, enabling them to conduct financial transactions quickly and conveniently while eliminating the need to visit bank branches.

OFFTEC Palestine CEO, Jamil Daher, emphasized that this achievement showcases the unique offerings that OFFTEC extends and reflects the company's unwavering commitment to delivering pioneering technological solutions and services to the Palestinian banking sector. This undertaking also supports TNB's strategy and vision towards economic modernization and aligns them with the latest digital transformation trends within the global banking market.

The robust and strategic partnership between OFFTEC Palestine and TNB is underscored by a series of past projects, including a Queue Management System, Banknote Counting and Counterfeit Detection Machines and Office Furniture, among others.

In turn, Raed Mubarak, OFFTEC Palestine CTO, explained that the newly installed ATMs are by Diebold Nixdorf, an American-German company specializing in banking solutions and retail technology systems. These ATMs belong to the DN series and encompass an array of advanced features, such as a user-friendly 19-inch touchscreen; fast and efficient interfaces; high levels of security; cheque and banknote depositing; in addition to being adaptable for potential future cash recycling per bank requirements. He also noted that the ATMs are designed to accommodate new updates and services that align with the bank's digital banking vision, as well as support an audio Braille System.

Background Information

OFFTEC

Founded in Jerusalem in 1910, OFFTEC combines unparalleled experience and comprehensive capabilities in the areas of Banking Technologies, Office Technologies, Furniture Solutions, Physical Security Solutions, IT Infrastructure, Cyber Security, Software Solutions, and Plastic Card Technologies.

In addition to our headquarters in Jordan, OFFTEC operates out of Palestine, Sudan and Iraq. With over a century of market experience, a highly qualified workforce and a longstanding company portfolio covering an extensive list of worldwide market leaders and best-in-class providers, we are proud to serve a large customer base spanning various industries including banking, education, and the public and private sectors, among others.

OFFTEC is a subsidiary of OFFTEC Holding Group, a regional business technology, leasing solutions and loyalty services company. With a total capital of JOD 39.6 million, OHG manages a portfolio of companies that, in addition to OFFTEC, also includes ePoints and Alwasleh.