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

EBRD and CIB Bank boost financing to businesses in Hungary

The EBRD is increasing the availability of financing to the real economy in Hungary, with a €50 million credit line to CIB Bank, including at least €10 million equivalent denominated in Hungarian Forint. more »

Bank SNORAS deposit portfolio exceeded LTL 5 billion

At the end of March 2010, AB Bank SNORAS deposit portfolio exceeded LTL 5 billion, of which over LTL 3 billion are household deposits. more »

Outstanding Development Results Gain Vietnam Additional Support

In affirmation of Vietnam’s remarkable progress towards Middle Income Country status, the World Bank Board of Directors today approved a second loan for Vietnam from the International Bank of Reconstruction and Development (IBRD). more »

World Bank Loan to Help Improve Efficiency of the Croatian Justice System

The World Bank today approved a EUR26 million loan to the Republic of Croatia aimed at further improving the efficiency of Croatia’s justice system − a necessary process in Croatia’s path towards successful European Union accession. more »

ACP-EU Assembly calls for support to banana producers and strengthening of sanctions against Madagascar

The ACP-EU Joint Parliamentary Assembly asked the European Commission to help EU and ACP banana producers adapt to the new EU-Latin America trade agreement, which is expected to put an end to fifteen years of “banana wars” between the two continents, but has raised concerns for the livelihood of some regions' producers. more »

“Africa’s Golden Moment Has Come,” Says World Bank Vice President for Africa

As seventeen of Africa’s 53 nations celebrate 50 years of independence in 2010, Africa’s “golden moment has come” and investors around the globe must look to the continent often painted only as risk-prone if they are to capitalize on business opportunities. more »

The approval of AB Bank SNORAS profit distribution

During the ordinary general shareholders’ meeting of AB Bank SNORAS, which took place on 31st March 2010, the bank’s profit distribution was approved. more »

Out of the crisis: a "real" economy and world governance system

The EU is the world's largest economy, with enough international clout to return to "real capitalism" rather than resign itself to an alien "financial capitalism", concluded MEPs and experts at a public hearing held on Thursday by Parliament's special committee on the crisis. more »

Giancarlo Scottà on food quality and country origin labels

Food quality and labelling are likely to be key issues when the Common Agriculture Policy is overhauled in the coming years. more »

EIB supports Russia’s power generation sector with EUR 250 million to contribute to energy efficiency and emission reduction

The European Investment Bank (EIB) is lending EUR 250 million to Russian company Enel OGK-5 to finance the upgrading of a gas fired power plant located in Nevinnomyssk, South Russia. more »