BRAZIL: A GLOBAL ATM PLAYER
Brazil is the fourth largest ATM market in the world after the US, China and Japan with approximately 170,000 ATMs at the end of last year.
The ATMs in Brazil are more advanced than in many developed markets and several banks in Eastern Europe are copying the process and transactional capabilities of the Brazilian banks' ATMs, said Wanderley.
"In Brazil, banks use the ATM as a relationship tool and they offer their customers a myriad of functions," added Jaques Rosenzvaig, CEO at TecBan, the operator of the Banco24Horas ATM network.
TecBan is owned by the country's largest banks, and the strategy for Banco24Horas is to install ATMs in the outskirts of urban areas at non-bank locations, such as gas stations, supermarkets, shopping centers, drug stores and subway, bus and rail stations.
Banco24Horas has 40 financial institutions as members and serves as a complement to the bank's own ATM networks, especially at off-premise locations, Rosenzvaig said. In Brazil, banks still have most of their ATMs inside the bank branch due to security concerns.
Last year Banco24Horas had 7,200 ATMs that processed 430mn transactions, and Rosenzvaig expects the network to have 11,200 ATMs and reach 600mn transactions by year-end. The company generates its revenue by charging its members a fixed price per transaction.
Banco24Horas' members can choose among more than 40 functions to offer their clients, depending on their own ATM strategies.
Rosenzvaig said TecBan helps banks to attend customers where they would normally not install their own ATMs, like the famous favela Cidade de Deus in Rio de Janeiro. The ATM became "a celebrity" due to all the press coverage that the installation in the area received, he added.
“The completion of the integration between Santander Brasil (NYSE: BSBR) - the Brazilian unit of Spain'sSantander (NYSE: STD) - and Banco Real - formerly part of Dutch group ABN Amro - is expected by February or March of 2011, Santander Brasil CEO Fabio Barbosa told a press conference, which also included the Spanish parent bank's chairman Emilio Botin, in Sao Paulo.
"Most part of the bank's services can already be done in both Santander and Real branches, and that has been going on for a while. However, some other services will be available [in both] from February or March, when we will conclude our process of integration," Barbosa said.
Through the end of November, all branches of Banco Real in Brazil will move to Santander's brand. For now, there will not be any major changes for Banco Real's clients, who will maintain their account numbers, credit cards and checks, for example.
Santander Brasil senior executive VP for retail Jose Paiva confirmed to reporters that some 120 new branches will be opened in the country this year, but avoided making forecasts for how many new branches are expected for 2011.
In 2010-13, Santander plans to open 600 new branches, chiefly in the south and southeast regions of Brazil.
BOTIN COMES TO TOWN
The Spanish parent bank's chairman Botin highlighted the importance of Brazil, which currently accounts for 25% of the group's global earnings, and pointed out that the Brazilian division received US$27bn of investments over the last 10 years.
"Brazil is a solid country with an outstanding financial system. Brazil taught the world a lesson during the crisis," Botin said.
With the integration with Banco Real, Santander now has 24mn clients, 10.6mn active accounts and a base of 36mn credit and debit cards in Brazil.”
Bnamericas.com
The ATMs in Brazil are more advanced than in many developed markets and several banks in Eastern Europe are copying the process and transactional capabilities of the Brazilian banks' ATMs, said Wanderley.
"In Brazil, banks use the ATM as a relationship tool and they offer their customers a myriad of functions," added Jaques Rosenzvaig, CEO at TecBan, the operator of the Banco24Horas ATM network.
TecBan is owned by the country's largest banks, and the strategy for Banco24Horas is to install ATMs in the outskirts of urban areas at non-bank locations, such as gas stations, supermarkets, shopping centers, drug stores and subway, bus and rail stations.
Banco24Horas has 40 financial institutions as members and serves as a complement to the bank's own ATM networks, especially at off-premise locations, Rosenzvaig said. In Brazil, banks still have most of their ATMs inside the bank branch due to security concerns.
Last year Banco24Horas had 7,200 ATMs that processed 430mn transactions, and Rosenzvaig expects the network to have 11,200 ATMs and reach 600mn transactions by year-end. The company generates its revenue by charging its members a fixed price per transaction.
Banco24Horas' members can choose among more than 40 functions to offer their clients, depending on their own ATM strategies.
Rosenzvaig said TecBan helps banks to attend customers where they would normally not install their own ATMs, like the famous favela Cidade de Deus in Rio de Janeiro. The ATM became "a celebrity" due to all the press coverage that the installation in the area received, he added.
Santander expanding in Brazil
“The completion of the integration between Santander Brasil (NYSE: BSBR) - the Brazilian unit of Spain'sSantander (NYSE: STD) - and Banco Real - formerly part of Dutch group ABN Amro - is expected by February or March of 2011, Santander Brasil CEO Fabio Barbosa told a press conference, which also included the Spanish parent bank's chairman Emilio Botin, in Sao Paulo.
"Most part of the bank's services can already be done in both Santander and Real branches, and that has been going on for a while. However, some other services will be available [in both] from February or March, when we will conclude our process of integration," Barbosa said.
Through the end of November, all branches of Banco Real in Brazil will move to Santander's brand. For now, there will not be any major changes for Banco Real's clients, who will maintain their account numbers, credit cards and checks, for example.
Santander Brasil senior executive VP for retail Jose Paiva confirmed to reporters that some 120 new branches will be opened in the country this year, but avoided making forecasts for how many new branches are expected for 2011.
In 2010-13, Santander plans to open 600 new branches, chiefly in the south and southeast regions of Brazil.
BOTIN COMES TO TOWN
The Spanish parent bank's chairman Botin highlighted the importance of Brazil, which currently accounts for 25% of the group's global earnings, and pointed out that the Brazilian division received US$27bn of investments over the last 10 years.
"Brazil is a solid country with an outstanding financial system. Brazil taught the world a lesson during the crisis," Botin said.
With the integration with Banco Real, Santander now has 24mn clients, 10.6mn active accounts and a base of 36mn credit and debit cards in Brazil.”
Bnamericas.com
