financial stability report - Banka Qendrore e Republikës së Kosovës

Financial Stability Report
Number 3
Table 10. Participation of payment instruments in total IECS transactions
Description
Number of transactions in total
Total value of transactions
First semiannual 2011 First semiannual 2012 First semiannual 2011 First semiannual 2012
Normal 15.9 18.1 60.0 58.0
Prioritised 0.4 0.5 12.1 13.4
Securities 0.0 0.0 0.0 3.6
Returned 0.0 0.0 0.0 0.0
Maasive Normal (detailed) 71.9 68.8 10.1 9.3
Kos-Giro 11.6 12.3 17.6 15.4
Massive Prioritised (detailed) 0.1 0.1 0.0 0.1
Direct Debit 0.2 0.2 0.1 0.2
Source: CBK (2012)
By June 2012, the total number of valid bank accounts reached 2.2 million, an annual
increase of 7.7 percent compared with the same period in the previous year. The structure
of bank accounts is dominated by resident accounts (98.3 percent in June 2012). In the
context of residents' accounts, individual accounts make up about 94.3 percent of total
residents’ bank accounts while the remaining 5.7 percent are business accounts. Similarly,
the structure of non-residents’ accounts is dominated by individual accounts (96.8 percent
in June 2012), while commercial accounts still have a smaller share of 3.2 percent. In the
context of bank accounts, the so called E-banking accounts through which users can access
banking services 'online' from the internet, are of significant importance. In June 2012, the
total number of E-banking accounts reached 100,519, indicating an annual growth of 71.3
percent. Regarding the total volume collected from e-banking transactions, the number of
transactions carried out through e-banking accounts as well as their respective value was
characterized with an increasing trend. The total number of transactions executed through
e-banking accounts reached 243,184 in June 2012 (186,726 in June 2011), while the total
value of transactions through E-Banking in the same period amounted to euro 509.0 million
(euro 490.7 million in June 2011).
In the first half of 2012, the total number of cards (debit and credit cards) that provide
services for cash withdrawals and various payment services amounted to 677,664, an
increase of 16.0 percent compared with the same period of the previous year. In June 2012,
the total number of debit cards reached 589,871, while the number of accounts with credit
function reached 87,793. Even though credit cards are still characterized with a lower level
of use, their number increased faster compared to debit cards. By June 2012, the number of
debit cards was characterized by an annual growth of 11.2 percent, while in the same
period, the number of credit cards increased annually by 63.0 percent.
The continuous increasing use of ATM network (Automated Teller Machine) and POS
devices (Point-of-Sale), which enable customers to make payments at points of sale indicate
continued expansion of banking infrastructure. By June 2012, the number of ATM
equipment and POS devices installed by commercial banks recorded an annual growth of
7.0 and 15.9 percent, respectively. The total number of ATMs installed reached 472, while
the number of POS devices reached 7,713 (Table 10). From January to June 2012, the
number of withdrawals through ATMs reached euro 4.1 million, with a total turnover of
euro 378.2 million (euro 342.1 million in the first half of 2011). Moreover, about 1.6 million
card payments were processed through points of sale POS terminals in June 2012, with a
turnover of euro 77.2 million (euro 58.9 million in the first half of 2011).
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