During the first quarter of this year the turnover on the accounts of AB Bank SNORAS payment cards grew almost by one-fifth

Published: 10 April 2009 y., Friday

Snoras logo
Within January - March this year, the turnover on the accounts of AB Bank SNORAS payment cards increased by LTL 202 million or 18 per cent and on 31 March this year reached LTL 1.3 billion.

“Understanding the needs of our clients, we endeavour that while using the Bank SNORAS payment card it would be possible not only to make settlements quickly and conveniently, but also to receive additional benefit. The Bank SNORAS customers can also safely save up money on the payment card accounts and to earn interest for their balance. It is delightful that a payment card for most of our clients becomes a habitual and safe settlement means which has replaced cash,” states Deimantė Bareikienė, the director of AB Bank SNORAS Sales Department.

According to D. Bareikienė, Bank SNORAS has an especially wide spectrum of payment cards; therefore, it can offer an individual solution to each client. Because of these reasons, more students and older people are found among those Bank SNORAS clients who use the payment cards.

“We notice that gradually the senior people learn to use the Bank SNORAS payment cards, which grant them various privileges. While paying for the utilities and other fees with payment cards, even 5 times lower payment tariffs than while paying in cash are applied to both seniors and other customers of the bank,” says D. Bareikienė.

Taking into consideration the customers' needs, Bank SNORAS also expands the ATM network. During the first quarter of this year, the second largest Bank SNORAS ATM network in the country added four more ATMs, and presently the entire network comprises 340 ATMs. More than one-fifth of the whole ATM market belongs to Bank SNORAS.

Bank SNORAS, for many years keeping the third position according to the number of the issued payment cards, is an official representative of MasterCard payment cards in Lithuania. Since September last year, the bank has also been distributing the entire spectrum of VISA smart cards. In 2008 Bank SNORAS was the first on the market to introduce SNORAS SuperCard - an instantly issued MasterCard family credit payment card - which a client can obtain during a single visit to the bank.

At the end of the first quarter this year, Bank SNORAS had issued 690 thousand payment cards.

Šaltinis: www.snoras.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

FDI in Lithuania Grew by 5 % and Lithuania’s Investment Abroad Increased by 14 %

Statistics Lithuania has calculated that, based on provisional data, FDI in Lithuania in 2009 amounted by 5.3 % more than in 2008. Also, direct investment of Lithuanian enterprises abroad grew by 13.9 % in 2009. more »

Fish industry voices concern over foreign fish and falling prices

Concerns about foreign fish being sold in Europe and what to do about the future of Europe's fisheries industry were aired in a hearing held by the Fisheries Committee on 8 April. more »

Future of European agriculture - have your say

EU opens public debate on its agricultural policy, the prelude to a major reform in 2013. more »

Commission launches €35 million call for projects that turn environmental challenges into business opportunities

The European Commission today launched a €35 million call for eco-innovation projects to be funded under the Competitiveness and Innovation Programme. more »

Bank SNORAS group consolidates the activity of the Baltic investment companies

Bank SNORAS group company Finasta Holding recruits all funds management and investment companies of the group in the Baltic States. more »

European Central Bank and European Commission hold joint conference on "financial integration and stability: the legacy of the crisis"

The European Central Bank (ECB) and the European Commission are jointly holding a high-level conference on financial integration and stability at the ECB’s premises in Frankfurt am Main. more »

12 April 2010 - ECB signals a gradual recovery of the European financial integration process

Today, the European Central Bank (ECB) is publishing its fourth Report on Financial Integration in Europe, which notes the return towards integration in the European financial markets. more »

World Bank Group: Record US$100 Billion Response Lays Foundation for Recovery from Global Economic Crisis

World Bank Group financial commitments since July 2008, just before the full fury of the financial crisis hit, reached US$ 100 billion today as the institution helped countries respond to and recover from the global downturn. more »

IMF Executive Board Concludes 2010 Article IV Consultation with Serbia

On March 31, 2010, the Executive Board of the International Monetary Fund concluded the Article IV consultation with Serbia. more »

United Kingdom Contributes US$7.5 Million to Support IMF Technical Assistance in Statistics in Africa

The International Monetary Fund and the United Kingdom’s Department for International Development have launched a new project to improve macroeconomic statistics in 23 African countries. DFID will provide US$7.5 million over the next five years to support the project. more »