The number of ATMs in Turkey grew by 20 percent in 2008, by far the
largest growth in western Europe, according to the latest European
ATM study from London-based group Retail Banking Research (RBR).
Indeed, RBR’s annual study, ATMs and Cash
Dispensers Western Europe, found Turkey has been the fastest
growing market for four consecutive years and, with 3,768 new ATMs,
experienced its highest ever absolute growth in 2008.
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Turkey’s strong performance follows an
improved flow of foreign capital into the banking market which has
resulted in increased competition. The entry of a non-bank
deployer, Talon, which installed 600 ATMs in its first year, has
also intensified competition. 
Overall, RBR’s study concluded that, while the
number of ATMs in western Europe continues to increase, the growth
rate slowed to 3 percent last year, one of the slowest rates of
growth on record. One of the countries to experience a significant
slowdown in growth was the UK, where the number of independent ATM
deployer units fell for the first time in 2008. But despite the
slowdown, the UK retained its position as the largest ATM market in
the region.
On a positive note, the number of ATMs with
automated deposit functionality offered by western European
deployers once again increased dramatically in 2008, rising by
almost 50 percent to 36,700 units. The three largest markets in the
region for automated deposit are Turkey, Spain and Germany.
The study said that deployers in western
Europe are “increasingly being convinced of the benefits of
recycling technology”, with 21 percent of all automated
deposit-accepting ATMs in the region now contain recycling
units.
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By GlobalDataIn Belgium and Norway, all automated deposit
ATMs are recyclers, while over 80 percent of automated deposit ATMs
in Austria, Germany and Switzerland can recycle deposited
notes.
Cash withdrawals remained
unchanged
A key finding of the new research is
that the total number of cash withdrawals in western Europe
remained virtually unchanged at 12.3 billion.
Finland has the greatest ATM usage at 9,143
cash withdrawals per ATM per month, while Italy has the lowest
level at just 1,486.
RBR stated: “The high level of usage in
Finland can partly be explained by its low density of machines to
population, but also by the tendency of Finns to visit ATMs
frequently and withdraw small amounts on each occasion.
“In contrast, one of the reasons for the low
usage in Italy is that the average value of a withdrawal is among
the highest in the region.”
Security features on western European ATMs
have continued to be rolled out aggressively by deployers, adds
RBR. The proportion of terminals which are EMV-compliant rose to 86
percent in 2008, whilst that of Triple DES-compliant units
increased to 87 percent, shares which are expected to continue to
increase rapidly as part of the anti-fraud measures taken by the
payment card community.
ATMs in six countries – Denmark, France,
Luxembourg, Norway, Sweden and the UK – now comply fully with both
EMV and Triple DES standards.
