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RBR report: Non-bank ATMs fuel European growth in '02

December 30, 2003

LONDON - The UK's installed ATM base grew by 4,202 machines, or 11 percent, to 40,795 in 2002, making it Europe's third-largest ATM market and the fastest-growing.

ATM growth in the overall European ATM market slowed slightly in 2002, to 6 percent, according to the Retail Banking Research (RBR) report "ATMs and Cash Dispensers Europe 2003." Europe now has 283,590 ATMs.

The report provides the ATM industry with a detailed and reliable country-by-country analysis of 18 European countries, comprising more than 700 pages and 400 tables and graphs.

Fueled by an increase in non-bank ATMs, the UK contributed one-quarter of the region's growth for the year and is currently the only country in Europe growing at more than 10 percent a year.

Germany, since 1993 the region's largest ATM market, has 50,487 machines. Spain is in second place with 49,925 installations. Together, the "big five" countries -- Germany, Spain, UK, France and Italy -- account for 77 percent of the region's ATMs, according to RBR's report.

Greece, Italy, Norway and Ireland also have relatively high annual growth rates of between 8 percent and 10 percent. In Norway, the entry of local company EDT (Elektroniske Distribusjons Tjenester) as an independent ATM deployer sent the growth rate soaring from below 2 percent in 2001 to 9 percent in 2002.

Excluding Norway, the Nordic countries currently show the slowest growth in western Europe.
Denmark and Sweden both grew by less than 0.5 in 2002, and Finland's installed base actually shrunk by 1 percent, according to the report.

Over the last five years, the share of machines installed away from bank branches has almost doubled, from 12 percent in 1997 to 23 percent in 2002. More than half of the ATMs installed in the UK and Finland are off-site, with 53 percent and 51 percent respectively.

In contrast, there are only 27 off-site ATMs in the whole of Belgium, making it the country with the lowest off-site proportion in western Europe.

NCR is still Europe's market leader, with its machines accounting for 48 percent of the western European installed base.

German manufacturer Wincor Nixdorf is closing the gap on Diebold, which is currently the region's second largest supplier of ATMs. Both manufacturers have a market share of just over 20 percent.

According to the report, Wincor Nixdorf increased its share to 20 percent of installations, up from 19 percent in 2001. Diebold has a market share of 21 percent. After strengthening its position in Europe in 2000 through the acquisition of Getronics, Bull and the latter's Cable Print subsidiary, Diebold lost ground in 2001 and 2002.

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