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reducing cash transactions in Kosovo Project management group within - - PowerPoint PPT Presentation

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Fifth project management meeting for reducing cash transactions in Kosovo Project management group within the National Payments Council (NPC) 14 December, 2011 CENTRAL BANK OF THE REPUBLIC OF KOSOVO 1. Content Approval of minutes from the

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SLIDE 1

Fifth project management meeting for reducing cash transactions in Kosovo

Project management group within the National Payments Council

(NPC) 14 December, 2011

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 1.

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SLIDE 2

Content

  • Approval of minutes from the last meeting (September 21st, 2011);
  • Information and short presentation from the working group within the

project management team for the reduction of cash payments (Akile, Boryana and Edmond)

  • Information / Presentation regarding MasterCard
  • Payment instruments and terminals - Kosovo compared to the countries in

Southeastern and Central Europe (short presentation)

  • Next steps – conclusions

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 2.

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SLIDE 3
  • Mr. Robert Wright

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 3.

  • 1. Approval of minutes from the last meeting
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SLIDE 4

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 4.

  • 2. Information/ presentation from the working

group

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SLIDE 5

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 5.

  • 3. Information/presentation regarding MasterCard

About Master Card Bill Payments (attach 1: for more information the presentations with 24 slides)

  • Mr. Robert Wright
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SLIDE 6

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 6.

  • 3. Information/presentation regarding MasterCard

About VISA’S financial literacy programs

  • A Global View

(attach 2: for general information the presentations with 23 slides)

  • Mr. Robert Wright
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SLIDE 7
  • 4. Presentation:

Payment instruments and terminals - Kosovo compared to the countries in Southeastern and Central Europe

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 7.

Gjylfidane Kadrijaj, Director Interbank Payment Systems Directorate

Central Bank of the Republic of Kosovo

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SLIDE 8

Comparative table

Description Kosovo Slovenia Hungary Czech Republic Turkey Serbia Bulgaria Albania Bosnia

Montenegro

Croatia Macedonia Population (in million)

2.1 2.05 10.02 10.51 73.3 7.38 7.54 3.19 3.77 0.62 4.42 2.06

ATM

415 1.814 4.843 3.742 27.649 2.857 5.718 771 1.098

  • 3.794

869

POS

6.194 35.622 78.441 96.958 1.823.530 57.459 60.762 4.903 17.834

  • 92.690

31.491

Credit Cards

37.922 122.638 1.367.928 1.587889 46.956.124 936.008 992.428 27.300

  • 1.990.395

303.158

Debit Cards

480.659 2.742.470 7.553.209 7.888.879 69.916.462 5.211.929 6.623.423 667.548

  • 6.846.034

1.048.180

Total Cards

518.581 2.865.108 8.921.137 9.476.768 116.872.586 6.147.937 7.615.851 694.848 1.663.466

  • 8.836.429

1.351.338

E-Banking Accounts

55.292

  • 27.368

67.802

  • 989.862

211.599

BANKA QENDRORE E REPUBLIKËS SË KOSOVËS 8.

Description Kosovo Slovenia Hungary Czech Republic Turkey Serbia Bulgaria Albania Bosnia

Montenegro

Croatia Macedonia ATM 198 885 483 356 377 387 758 242 291

  • 858

442 POS 2.950 17.377 7.828 9.225 24.878 7.786 8.059 1.537 4.731

  • 20.971

15.287 Credit Cards 18.058 59.823 136.520 151.084 640.602 126.830 131.622 8.558

  • 450.316

147.164 Debit Cards 228.885 1.337.790 753.813 750.607 953.840 706.223 878.438 209.263

  • 1.548.876

508.825 Total Cards 246.943 1.379.614 890.333 901.691 1.594.442 833.054 1.010.060 217.821 449.195

  • 1.999.192

655.989 E-Banking Accounts 26.330

  • 8.579

17.985

  • 223.951

107.572

(per 1,000,000 people in 2010)

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SLIDE 9

ATM

* The data is taken from the central banks and other regulatory authorities

Number of ATM terminals per 1,000,000 people in 2010

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 9.

198 885 483 356 377 387 758 242 291 858 422 100 200 300 400 500 600 700 800 900 1000 Kosova Sllovenia Hungaria Republika Çeke Turkia Serbia Bullgaria Shqipëria Bosnia Kroacia Maqedonia

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SLIDE 10

ATM

Annual growth of the number of ATMs in the last 3 years:

* The data is taken from the central banks and other regulatory authorities

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 10.

2% 2% 5% 15% 5% 22% 5% 4%

  • 19%

5% 4% 3% 3% 5% 9% 9% 41% 7% 15% 50% 7% 8% 9% 5% 8% 1% 17% 20% 55% 13% 48% 35% 37% 12% 44%

  • 0.3
  • 0.2
  • 0.1

0.1 0.2 0.3 0.4 0.5 0.6 2010 2009 2008

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SLIDE 11

POS

* The data is taken from the central banks and other regulatory authorities

Number of POS terminals per 1,000,000 people in 2010

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 11.

2,950 1,537 9,225 24,878 7,786 17,377 8,059 7,828 4,731 20,971 15,287 5000 10000 15000 20000 25000 30000 Kosovo Albania Czech Republic Turkey Serbia Slovenia Bulgaria Hungary Bosnia Croatia Macedonia

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SLIDE 12

POS

* The data is taken from the central banks and other regulatory authorities

Annual growth of the number of POS terminals in the last 3 years:

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 12.

  • 3%

11% 25% 5%

  • 3%

18% 2% 12% 10% 8% 0%

  • 2%

17% 35% 6% 0% 53% 11% 48% 2% 22% 7% 8% 5% 11%

  • 27%

12% 6% 34% 10% 61% 13% 59% 13% 63%

  • 0.4
  • 0.3
  • 0.2
  • 0.1

0.1 0.2 0.3 0.4 0.5 0.6 0.7 2010 2009 2008

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SLIDE 13

Credit Cards

* The data is taken from the central banks and other regulatory authorities

Number of credit cards per 1,000,000 people in 2010

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 13.

18.058 59.823 136.52 151.084 640.602 126.83 131.622 8.558 450.316 147.164 100 200 300 400 500 600 700 Kosovo Slovenia Hungary Czech Republic Turkey Serbia Bulgaria Albania Croatia Macedonia

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SLIDE 14

Debit Cards

* The data is taken from the central banks and other regulatory authorities

Number of debit cards per 1,000,000 people in 2010

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 14.

228,885 209,263 750,607 953,840 706,223 1,337,790 878,438 753,813 1,548,876 508,825 200000 400000 600000 800000 1000000 1200000 1400000 1600000 1800000 Kosovo Albania Czech Republic Turkey Serbia Slovenia Bulgaria Hungary Croatia Macedonia

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SLIDE 15

Total payment cards

* The data is taken from the central banks and other regulatory authorities

Number of payment cards (both debit and credit) per 1,000,000 people in 2010

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 15.

1,397,614 890,333 901,691 1,594,442 833,054 246,943 1,010,060 217,821 449,195 1,999,192 655,989 500000 1000000 1500000 2000000 2500000 Slovenia Hungary Czech Republic Turkey Serbia Kosovo Bulgaria Albania Bosnia Croatia Macedonia

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SLIDE 16

E-Banking accounts

* The data is taken from the central banks and other regulatory authorities

Number of E-Banking accounts per 1,000,000 people in 2010

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 16.

8579 17984 26329 107572 223950 50000 100000 150000 200000 250000 Albania Bosnia Kosovo Macedonia Croatia

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SLIDE 17

Conclusions (1)

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 17.

  • Kosovo started ‘developing’ its banking sector and payments

infrastructure from scratch after the war in ’99, much later than the countries in the South-eastern and Central Europe.

  • The terminal infrastructure (ATM and POS) is growing at a faster rate than

the average growth in the region. However, currently in terms of terminals per 1 million people, Kosovo has:

– ATM: The fewest ATMS’s in the region (198), 4 times less than Slovenia and 2 times less than Macedonia – POS: The second fewest POS terminals in the region (2,950)

  • The number of payment cards is increasing, however Kosovo still lacks

behind other countries in South eastern and Central Europe. Kosovo is ahead of only Albania regarding the number of payment cards per 1 million people.

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SLIDE 18

Conclusions (2)

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 18.

  • Even the number of installed POS terminals in Kosovo is somewhat

misleading, as many retail outlets have POS terminals from several banks. The installation of multiple terminals in a single outlet is necessary because there is no national electronic interbank card switch and clearing house and thus no special domestic interoperability arrangement between different banks’ networks (it should also be noted that the same applies to ATMs).

The installation of multiple ATM terminals in a single spot, near the NEWBORN sign.

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SLIDE 19

Conclusions (3)

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 19.

  • Lack of domestically-arranged interoperability or interconnection of card

networks in Kosovo causes inefficiency.

  • CBK in collaboration with commercial banks and other stakeholders have

prepared the Strategy for the development of National Payment System, which also deals with small value payments (pillar 3). The overall objective is to provide the economy with a broad range of safe and efficient payment services*.

* The strategy is published in CBK official web site at: http://www.bqk-kos.org/?cid=2,59,306

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SLIDE 20
  • 4. Questions, requests and proposals

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 20.

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SLIDE 21

Thank you

CENTRAL BANK OF THE REPUBLIC OF KOSOVO 21.

National Payments Council http://www.bqk-kos.org/?cid=1,59,55