Analytics, Banks, Financial Services, Latvia
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 18:51
Number of payment cards issued by Latvian banks down 3.4% in nine months
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Out of all payment cards, 1.753 mln were debit cards. Their
number declined by 1% or 17,300 cards from the end of 2017. The number of
credit cards decreased by 16% or 53,600 to 281,800 cards. The number of
business cards dropped by 4.1% or 5,700 to 132,200.
At the end of September this year, the banks had issued
1.791 mln MasterCard cards, down 1% against the end of 2017. Visa followed
with 375,300 cards, down 2.6%.
Swedbank had
issued the highest number of bankcards at the end of September, or 1.007 mln,
which was an 0.8 % rise against the end of last year. SEB Banka had issued
476,200 cards, up 0.1 %, and the number of bankcards issued by Citadele declined 9.4 % to 314,800. Luminor Bank (formerly DNB Banka) had
issued 250,400 cards, down 2.6%.
At the end of September 2018, there were 985 ATMs in
operation across Latvia, including 366 ATMs accepting cash deposits.
Swedbank had the largest ATM network of 369 machines, down
from 388 at the end of last year.
The number of Latvian banks issuing payment cards was down
to 16 from 17 at the end of last year.
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