Myanmar’s burgeoning financial sector attracts foreign suppliers

Foreign companies are rushing in to beef up Myanmar’s financial infrastructure, vying to win orders for ATMs and financial software from commercial banks that are rapidly growing under a civilian government. This month, Diebold Nixdorf, the world’s top ATM supplier, will open its first sales office in Myanmar. It is to be staffed with its […]

US Tech Firm Diebold Nixdorf Opens in Myanmar

​​ DIEBOLD NIXDORF, a leading US tech firm with a presence in more than 130 countries, announced the opening of its office in Myanmar’s commercial hub. Neil Emerson, the firm’s senior vice president and managing director for Asia Pacific, said that its customers’ positive feedback and satisfaction drove them to establish an on-the-ground presence in […]

Diebold Nixdorf Ssets up an office in Yangon

​​ Diebold Nixdorf, a leading innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, today announced the opening of an office in Yangon, Myanmar, creating a direct presence in the country for the newly combined company. Diebold Nixdorf had been previously operating in […]

CB Bank Signs Deal for 500 New ATMs

​​ CB Bank signed a deal with Diebold Nixdorf, a company that provides ATMs, security and software for e-commerce, for the roll out of 500 new CB Bank ATMs across the nation. That new deal doubles the number of CB Bank’s ATMs, from 500 to 1000, and significantly increases their share of total ATMs throughout the […]

ICB Bank to Double the Size of its ATM Network in 2017

​​ RANGOON — The locally-owned Co-Operative Bank Limited (CB Bank) plans to double its network of ATM machines in 2017, it announced on Friday. CB Bank will purchase both ATM machines and customer self-service machines from the company Diebold Nixdorf, which operates in North Canton, Ohio, United States and in Paderborn, Germany. Diebold Nixdorf has […]