Economic Research | Lebanon This Week | Lebanon This Week 585 | Payment cards reach 2.78 million at the end of 2018, ATMs total 1,998 | Lebanon | Byblos Bank

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Lebanon This Week 585

Home Economic Research Lebanon This Week 585 Payment cards reach 2.78 million at the end of ...
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Payment cards reach 2.78 million at the end of 2018, ATMs total 1,998

Figures released by Banque du Liban show that the number of payment cards issued in Lebanon reached 2,778,510 cards at the end of 2018, constituting an increase of 1.2% from 2,744,589 cards at end-September 2018 and a rise of 5.5% from 2,633,459 cards at end-2017. Cards held by residents accounted for 96.5% of total cards issued in Lebanon at end-2018. The distribution of payment cards by type shows that debit cards with residents reached 1,562,334 and accounted for 56.2% of the total, followed by credit cards with residents at 557,485 (20.1%), prepaid cards with residents at 465,631 (16.8%), charge cards with residents at 96,067 (3.5%), debit cards held by non-residents at 65,431 (2.4%), credit cards with non-residents at 22,430 (0.8%), charge cards held by non-residents at 7,499 (0.3%), and prepaid cards with non-residents at 1,633 (0.1%). 

Further, the aggregate number of points-of-sales accepting payment cards reached 45,142 at the end of 2018, constituting an increase of 0.5% from end-September 2018 and a growth of 6.2% from end-2017. As a result, there were 4.3 points-of-sales per square kilometer in Lebanon at the end of 2018.
 
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Byblos Bank S.A.L., Byblos Bank Headquarters, Elias Sarkis Ave., Ashrafieh, Beirut

List of Banks No.39, CRB:14150, BDL Authorization No. 11/231 Dated 14 May 2005

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