Two Million ATM Cards Issued Nationwide

Two million ATM cards were issued nationwide, said Mr Ta Quang Tien, General Director of Banking Information Technology Department, the State Bank of Viet Nam, at the seminar “Technology Modernization in the Development of a Stable and Efficient Vietnamese Banking System”.

The seminar is one of the activities of the exposition of applications of Banking Information and Communication Technologies (ICT) 2006, opened on May 18 in Ha Noi.

Speaking at the seminar, Mr. Tien said 20 banks have launched automatic machine ATM services.

Nearly two million ATM cards and 100,000 international payment cards were issued with over 1, 900 ATM machines nationwide.

In 2005, there were 3,456,000 electronic transactions and payments, amounting to VND 2,371,000 billion, Mr. Tien added.

By T.B - Translated by Uyen Phuong

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