Diebold Provides Approximately 2,000 ATMs to Banco Santander in Brazil

SAO PAULO, Nov. 1, 2011 /PRNewswire/ -- In an effort to continue expanding its automated teller machine (ATM) network, Banco Santander has signed an agreement with Diebold, Incorporated (NYSE: DBD) for the manufacture, delivery and installation of approximately 2,000 new cash dispensers throughout Brazil. The cash dispensers, part of Diebold Brazil's existing ATM 4500 family, were developed specifically for the Brazilian market and are available only in Brazil.  

"This new agreement demonstrates the strength of our partnership with Banco Santander," said Joao Abud, Jr., president, Diebold Brazil. "The choice of technology suppliers is always a strategic decision for financial institutions and we are proud to be selected to participate in Santander's expanding business. It is confirmation of the quality of solutions and services offered by Diebold."

Banco Santander's evaluation and certification process of suppliers is rigorous and is done through tests performed by different areas of the bank, such as production, infrastructure and security, coordinated by Produban, a company owned by Santander Group. With presence in Brazil for 29 years, Santander is Brazil's third largest private bank by total assets, and has more than nine million active accounts. The bank provides a commercial network with broad geographic coverage, supported by more than 3,700 bank branches, in-store mini branches and 18,300 ATMs within the network.

According to a September 2011 Retail Banking Research report, Brazil is the largest ATM market in Latin America, accounting for approximately 60 percent of the ATMs in the region.  For more than a decade, Diebold Brazil has been the leading financial self-service provider in the country.

The company was recently named the best information technology (IT) company in the "digital industry" segment by Brazil's Exame Magazine in its 38th edition of "The Biggest and the Best." This is the fourth time the company has been recognized as the best IT provider in the country by Exame magazine.

About Banco Santander

In June 2011, Santander Brazil recorded total assets of $407 billion, U.S. $288 billion of total funding, $175 billion in customer funding and $113 billion in investment funds.  It has around 24 million customers and more than 9.3 million accounts with current accounts. The service network consists of 3,728 sales points, including bank branches.

About Grupo Santander

With more than 150 years of operation, the Santander Group, headquartered in Madrid, Spain, is among the largest financial institutions in the world by market capitalization. From the city of Santander, in the province of Cantabria, the group operates in many countries and has extensive geographic coverage. In June 2011, it had 14,679 bank branches, approximately 191,000 employees, more than 100 million customers, more than three million shareholders and amount of resources managed.

About Diebold Brazil

Diebold Brazil, headquartered in Sao Paulo, has approximately 3,200 employees and is the leading provider of solutions and services for banking automation. In addition to the financial segment, the company serves the industry, commerce, government and healthcare segments. Diebold Brazil also manufactured electronic voting machines for Brazilian elections in 1998, 2000, 2004, 2006, 2008 and 2010. For more information, visit www.diebold.com.br.

About Diebold

Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 16,000 associates with representation in nearly 90 countries worldwide and is headquartered in the Canton, Ohio region, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.' For more information, visit the company's website at www.diebold.com.

SOURCE Diebold