Amman, June 2020: OFFTEC for Office and Banking Systems - the sole distributor of cash handling machines produced by leading Japanese manufacturer; Glory - has signed an agreement with Abu Sheikha Exchange to equip its 16 nationwide branches with cutting-edge Glory GFS-220C banknote counters, sorters and counterfeit detectors.

Commenting on the agreement, Abu Sheikha Exchange CEO , Jafar Abu Sheikha, said, “We are excited to continue our yearslong partnership with OFFTEC for Office and Banking Systems, whom we have come to rely on for the high-quality banknote counters and counterfeit detectors they source from renowned Japanese producer, Glory.”

On his part, Office and Banking Division Manager at OFFTEC for Office and Banking Systems, Eng. Mazen Hazboun, stated, “This latest partnership marks yet another step in our journey to extend distinguished services to our customers. We are pleased to be providing Abu Sheikha Exchange with the equipment they need to conduct their financial operations, and look forward to greater collaborations in the near future.”

The Japanese manufacturer has fitted its Glory GFS-220C machines with the latest high-precision sensors, in addition to multiple other features that ensure reliable banknote counting and counterfeit detection.

About OFFTEC

Established in 1910, OFFTEC has today become the leading provider of innovative business and technology solutions, combining unparalleled experience and comprehensive capabilities in the areas of Banking Technologies, Office Technologies and Furniture, IT and Physical Security, IT Infrastructure, Plastic Card Technologies, and Software Solutions. In addition to its Jordan-based branch, OFFTEC operates out of Palestine, Sudan, and Iraq, where it is also considered an industry pioneer. With a century of experience in the market, a highly qualified workforce, and partnerships with a long list of the world’s market leaders and best-in-class providers, OFFTEC has built a large customer base spanning all industries including banks, private sector companies, governmental agencies and educational institutions, among others.

OFFTEC is a subsidiary of OFFTEC Holding Group PLC (OHG), a public shareholding company listed on the Amman Stock Exchange as (OFTC) with a total capital of JOD 39.6 million. OHG is a regional provider of innovative technology and loyalty services and solutions designed to create sustainable value to customers and partners alike.