Seven Bank, Ltd., the banking business of 7-Eleven group, announced today at the press meeting held in Kuala Lumpur, Malaysia its ATM installation plan in the market.
Seven Bank installed its original cash recycling machine in Rawang in January 2025. The coming installation of the first 100 machines will be made in Kuala Lumpur, Selangor, Penang, and Johor and the area is planned to expand to Sabah and Sarawak in 2026. It targets suburban areas so that residents who have less banking function will be benefited.
“We have established a new brand name, Reachful, as a strong start in Malaysia and a continued growth of our overseas business,” said Masaaki Matsuhashi, President and Representative Director of Seven Bank Limited. “By collaborating with our partner companies to deploy ATM services in 7-Eleven stores in Malaysia, we hope to enrich the lives of the Malaysian people and contribute to further social development and economic growth.”
“Malaysia shows a significant growth in population and GDP. In the cashless society, currency in circulation is at a high level too. We found the market very promising to expand our business,” said Jin Sudo, CEO of Abadi Tambah Mulia Internasional Malaysia Sdn. Bhd.
Since its first overseas ATM deployment in the United States in 2017, Seven Bank expanded its business in the United States, Indonesia and the Philippines with more than 21,000 ATM installations by 2024. Malaysia will be the fourth market outside of its home country, Japan.
The company aims to provide uniquely added value by combining retail and financial services in the future.
