The number of ATMs is rising through ATM

The number of ATMs is rising through ATM

The Central Bank of the Republic of Kosovo (BQK) has announced that banking infrastructure in the country has expanded into the context of the POS equipment network. Point-of-Sale, while the number of ATMs. Automate Teller Machine: The ATM has been reduced compared to December 2016. “

The Central Bank of the Republic of Kosovo (BQK) has announced that banking infrastructure in the country has expanded into the context of the POS equipment network. Point-of-Sale, while the number of ATMs. Automate Teller Machine: The ATM has been reduced compared to December 2016.

In spite of reducing the number of ATMs, the number of withdrawals through the ATMs has increased to 13.8 million (12.3m by December 2016), with a circulation of 1.9 billion euros (1.6 billion by December 2016)”, the CEC report said.

According to the CEC, the value of withdrawing money through ATMs to total transactions with the folder amounted to 61.9 percent in 2017, indicating high level of cash use, RTK reports.

The increase in the number of ATMs, which enable depositing money in customer accounts, has contributed to the value of depositing to 29.3 percent of the total value of credit transactions through terminals, down from 1.1 percent over three years ago, says the BQC report.

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