RBR Publishes Latest Data on Western Europes ATM Market

The report provides the ATM industry with its most detailed and reliable country-by-country analysis of 18 European countries, comprising over 700 pages and 400 tables and graphs. The information in ATMs and Cash Dispensers Europe 2003 is not available from any other source. European ATM market grows by 6% During 2002, the installed base of ATMs in Europe expanded by 6% (or 16,557 units) to 283,590 machines. - Germany, since 1993 the regions largest ATM market, has 50,487 machines. - Spain is in second place with 49,925 installations. - The UK also passed the 40,000-threshold in 2002, with 40,795 ATMs. Together, the big five countries (Germany, Spain, UK, France and Italy) account for 77% of the regions ATMs. UK shows strongest ATM growth and overtakes France The UK is the fastest-growing ATM market in western Europe, and as a result the UK overtook France in 2002 as the regions third-largest market. - The UKs installed base grew by 4,202 machines (11%) in 2002. It contributed one-quarter of the regions growth for the year and is currently the only country in Europe growing at more than 10% per year. - Greece, Italy, Norway and Ireland also have relatively high growth rates of between 8% and 10%. With the exception of Norway, the Nordic countries currently show the slowest growth in western Europe. - Denmark and Sweden both grew by less than 0.5%. - Finland’s installed base actually shrunk by 1%. - In Norway the entry of local company EDT (Elektroniske Distribusjons Tjenester) as an independent ATM deployer (IAD – also referred to as Independent Service Organisation or ISO) catapulted the growth rate from below 2% in 2001 to 9% in 2002. ATM density reaches 1.5 ATMs per branch There are now 1.5 ATMs for every bank branch in western Europe, up from 1.4 at the end of 2001, and just 0.3 ten years before that. - The UK leads the way with almost three ATMs for every bank branch. - Other countries with more than two ATMs per bank branch are the Netherlands, Portugal and Turkey. - At the bottom of the scale, Belgium and Italy have below 1.3 ATMs per bank branch. Two major trends feed into the rise in ATM density per bank branch. - More and more ATMs are installed away from bank branches (see final section). - Deployers are cutting back their branch networks. This is the case in particular in the UK, the German-speaking and Benelux countries. There are signs that this decline in branch numbers is slowing, however. More cash dispensed, but average usage falls During 2002, 10.8 billion cash withdrawals were made at western Europes ATMs, an increase of 2% on 2001. Since the installed base grew faster than the number of cash withdrawals, the average usage level fell to 3,173 withdrawals. The total value of withdrawals, however, increased by 9% to EUR 1,215 billion in 2002. The average value of a cash withdrawal in 2002 climbed to EUR 113. Usage patterns vary considerably across countries. - Italy has the lowest number of cash withdrawals per machine, but the average withdrawal value is high; Italians visit ATMs infrequently but withdraw large sums of cash at a time. - The reverse is true for countries such as the UK, where cardholders tend to visit ATMs regularly but withdraw less at each transaction. - An average ATM in Sweden is used 11,300 times per month, the only country in western Europe where the average monthly usage exceeds 10,000. - The average value of a cash withdrawal is highest in Switzerland, with EUR 248. - Greece at EUR 203 is the only other country with an average withdrawal value of more than EUR 200. Wincor Nixdorf closes in on Diebold German ATM manufacturer Wincor Nixdorf is closing the gap on Diebold which is currently the second