BancNet, the country’s largest electronic banking consortium, added 2,374 ATMs to its network in 2012, ending the year with 8,178 ATMs nationwide. It also has the biggest ATM cardholder base at 21.15 million having grown by a hefty 8.8 million from 2011.
These figures translate to a ratio of 1 ATM for every 2,586 cardholders, the best in the industry. A lower ratio means less cardholders transacting at an ATM. For the cardholder, this translates to shorter queues, faster transactions, and more accessible ATMs.
Among BancNet’s 103 members, Landbank, RCBC and Chinatrust have the three biggest cardholder bases at 6.28 million, 3.29 million, and 2.18 million, respectively. On the other hand, Metrobank has the most ATMs at 1,393 followed by Landbank with 1,070 and RCBC with 777.
The major ATM networks in the country expanded both their ATMs and cardholder base during the past year. ATMs throughout the country now number 13,151 while ATM cardholders totaled over 39.3 million as of December 31, 2012. On the average, there is one ATM for every 2,988.5 cardholders. Since the three major networks are interconnected, a cardholder can withdraw at any ATM most accessible to him.
