Šiaulių bankas is developing a network of ATMs of new standards


Starting its anniversary fifteenth year of activities, Šiaulių bankas made a significant step forth and started developing its own network of ATMs.

On the fifth day of the New Year the first ATM of Šiaulių bankas started its work. A symbolical opening was arranged at the Bank’s Head Office in Šiauliai, however, next week the ATMs are going to start their work in Alytus and Vilnius. Ten first automated teller machines of Šiaulių bankas will start functioning all over Lithuania within several months.

“We are setting our first ATMs in the biggest cities as the number of cardholders is rapidly increasing there and we want them to be served safely and comfortably. This way we seek to encourage e-banking and develop both opportunities of our Bank and opportunities of our clients. Purchase of ATMs is beneficial not only for the Bank but also for all the clients as they will have a wider choice and more comfortable conditions while the Bank will expand the range of its services and will work for twenty four hours without any day offs”,- said the Head of Business Development Division Jonas Bartkus.

The statistics indicate that payment card users in Lithuania still tend to take cash instead of paying for goods and services via electronic way. All the clients possessing all the types of VISA and MasterCard payment will be able to use the ATMs established in Vilnius, Kaunas, Klaipėda, Šiauliai, Druskininkai and Radviliškis. In the ATMs of Šiaulių bankas the clients may withdraw cash, check account balance connected to the payment card and to print a mini-statement indicating five last operations.

“Due to the technology improvements, the security of e-banking systems and e-payment instruments as well as funds kept within them becomes extremely important. The Bank has been distributing VISA chip payment cards for two years already, also, it is one of the first banks in Lithuania that has certified chip ATM at VISA International organization. The ATMs have all the necessary technologies that assure maximum security to the client’s data, i.e. equipment to serve the chip cards, digital visual protection system “ATMeye” that is considered to be the best ATM security system and others”, - the Director of E-banking Department Krsitina Šmidtienė lists the advantages of the ATMs of Šiaulių bankas.

“The population of Lithuania has already evaluated opportunities provided by the ATMs, therefore, we are of the opinion that automated teller machines set in the bustling places will be of a great demand. First of all we are planning to analyse the needs of our clients and then to make further decisions with regard to the further ATM network development”, - Jonas Barkus talked about the prospects.

While establishing the ATM network Šiaulių bakas has chosen “Penkių kontinentų” banking technologies” UAB and “First Data Lietuva” UAB as the partners that are going to take care about the further exploitation Of ATMs.

Šiaulių bankas stared distributing payment cards in summer of 2000. At the moment the Bank has 36 thou of active users of payment cards – during last year their number has increased by 38 per cent. The Bank distributes such debit card as Maestro and VISA Electron and such credit cards as MasterCard Standard, BIS, VISA Classic, MasterCard Gold, VISA Gold, MasterCard Business and VISA Business payment cards.

Šiaulių bankas is rapidly developing other e-services as well: the number of users of telephone banking, i.e “SMS bankas” has increased by 178 per cent during one year while the number of users of the e-banking service “SB linija” has increased by 71 per cent.

Šiaulių bankas has 49 territorial subdivisions all over Lithuania.