MONETA Money Bank : has completed the modernization of its ATM network
August 25, 2021 at 09:23 am
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MONETA Has Completed the Modernization of its ATM Network, 30% Are Deposit Machines
Prague, 22 July 2021
Thirty percent of the MONETA Group's ATM network is already made up of deposit ATMs. The bank wants to support mainly sole proprietors and small entrepreneurs with this massive planned investment.
"We have listened to the wishes of our clients and are gradually replacing ATMs with deposit ATMs as part of the modernisation process. We understand that many sole proprietors and small businesses need them for daily deposits of their sales and we have therefore decided to accommodate them," confirmed the Bank's spokesperson Zuzana Filipová.
MONETA has decided to place the deposit machines mainly in locations where it had closed its branch in the past and at the same time has registered interest from sole proprietors and small businesses. More than 90% of the entire ATM network is also fully wheelchair accessible.
The correctness of the decision to modernise the ATM network by gradually increasing the number of deposit ATMs is confirmed by the constantly growing volume of deposits: at the end of June this year, the monthly volume of deposits increased by 140% year-on-year:"In the last week of June alone, the volume of deposits into Moneta's ATMs amounted to CZK 265 million," added Filipová.
Last year, the Bank invested in a total of 70 new devices, with another 60 state-of-the-artlarge-screen touchscreen models purchased this year. The Bank's distribution strategy currently includes 154 branches and 555 ATMs, the digital platforms Smart Banka, Internet Banka and Refinanso.cz and services offered through the website.
Jan Cihlář, +420 602 447 324, jan.cihlar@beaufortcz.cz or Media Service media@moneta.cz and www.moneta.cz
MONETA Money Bank, a.s., which is the controlling person of MONETA holding, is a leading independent Czech bank, servicing clients through its nationwide branch network. The bank has been traded on the Prime Market of Prague Stock Exchange since 2016. The bank has focused on retail and SME oriented business model with a strong position in the consumer and agriculture segments. In addition, the bank provides customers with insurance products and investment funds. MONETA serves more than 13% of the Czech population via an omni-channel distribution strategy which includes 154 branches and 555 ATMs, a market-leading digital banking platform, a call centre, auto dealers, building society and mortgage bank, brokers and leasing partners.
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Moneta Money Bank a.s. published this content on 25 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2021 13:14:22 UTC.
Moneta Money Bank a.s. is one of the leading financial services groups in the Czech Republic. Net sales break down by activity as follows:
- retail banking (64.2%): sales of conventional banking products and services to induviduals (current account management, consumer credit, sale of savings contracts, mortgages, car loans, home loans, leasing, credit card issuance, etc.);
- commercial banking (29.6%): sales of banking products and services to small and medium enterprises, financial and public institutions (asset funding, investments and projects, leasing, management of vehicle fleets, industrial equipment funding, etc.);
- other (6.2%): primarily investment banking and bancassurance.
At the end of 2021, the group managed CZK 285.1 billion in courrent deposits and CZK 255.6 billion in current loans.
The products and services are marketed through a network of 154 branches located in the Czech Republic.