GRGBanking has taken another victory in Thailand's market by delivering intelligent financial solutions to one leading bank, Bank for Agriculture and Agricultural Cooperatives (BAAC), together with its strategic partner Dataone Asia (Thailand) Company Limited (Dataone), an end-to-end ICT service provider in Thailand.
On April 24th, 2023, a Strategic Contract on Intelligent Finance Solutions was signed between Ms. Linda Lu, the General Manager of GRGHK, and Ms. Amy Sochipun Vajropala, CEO of Dataone. GRGBanking's delegation and Dataone witnessed this significant breakthrough in the Thailand market and conducted in-depth exchanges on Fintech and Smart City strategy expansibility and further cooperation opportunities to accelerate banking innovation and digital upgrading. This collaboration has shown their capability to help BAAC achieve rapid growth by enhancing operational efficiency and optimizing the farmer's experience.
As a secure rural development bank, BAAC was founded in 1966 in Bangkok, Thailand, as a government-owned bank to provide affordable credit to agricultural producers directly or through agricultural cooperatives and farmers' associations. BAAC is inspired to support the agricultural sector with a strong focus on proactive customer service, providing financial services, improving the efficiency of the agricultural value chain, developing resource management, supporting agricultural entities, promoting the utilization of innovations and technologies, increasing the country's competitiveness, and managing capital. BAAC has branches across Thailand in Chiang Rai, Tak, Udon Thani, Sa Kaeo, Rayong, and Trang.
GRGBanking’s latest digital and innovative branch solution will play an important part in BAAC's smart branch transformation, equipped with biometric technology to deliver better financial services for the farmers, including savings, deposits, and various transactions. This Intelligent Finance Solution helps BAAC sustainably respond to Thailand farmers' needs and focus on increasing the efficiency of the agricultural value chain.
Together with Dataone, GRGBanking advances a new chapter of Thailand financial service. Dataone serves various sectors such as BFSI, hospitals, telecommunication, retail, and government agencies to empower organizations in Thailand to succeed through reliable, efficient, innovative, and secure IT solutions. The company's efforts in promoting industry upgrading with innovative technologies are highly appreciated by banks and FIs, which lays a solid foundation for marketing breakthroughs. The strong combination is of great significance to the innovation of local financial services and the promotion of local social care and human services.
As a leading innovative solutions provider, GRGBanking promotes technological innovation and industrial transformation in different sectors, including finance, transportation, security, government affairs, smart retail, and other industries. GRGBanking is one of the top 3 vendors within the self-service financial industry, with over 350,000 terminals deployed in over 110 countries.
Leveraging in-depth knowledge of innovative technologies and application scenarios, GRGBanking can provide tailor-made and innovative solutions. In the future, GRGBanking will embrace digital transformation, work with local bankers toward Intelligent Finance in a smart and humanistic way, and deliver superior products, solutions, and services with high value and innovative technology to customers worldwide.