Economic Research | Lebanon This Week | Lebanon This Week 550 | Payment cards reach 2.7 million at end-June 2018, ATMs total 1,928 | Lebanon | Byblos Bank

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Lebanon This Week 550

Home Economic Research Lebanon This Week 550 Payment cards reach 2.7 million at end-June 2018, ...
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Payment cards reach 2.7 million at end-June 2018, ATMs total 1,928

Figures released by Banque du Liban show that the number of payment cards issued in Lebanon reached 2,686,275 cards at the end of June 2018, constituting an increase of 2% from end-2017 and of 5% from the end of June 2017. Cards held by residents accounted for 96.6% of total cards issued in Lebanon at end-June 2018. The distribution of payment cards by type shows that debit cards with residents reached 1,521,669 and accounted for 56.6% of the total, followed by credit cards with residents at 553,901 (20.6%), prepaid cards with residents at 428,106 (15.9%), charge cards with residents at 91,151 (3.4%), debit cards held by non-residents at 61,504 (2.3%), credit cards with non-residents at 21,208 (0.8%), charge cards held by non-residents at 7,283 (0.3%) and prepaid cards with non-residents at 1,453 (0.1%). 

Further, the aggregate number of points-of-sales accepting payment cards reached 43,810 at the end of June 2018, constituting an increase of 3.1% from end-2017 and a rise of 8.8% year-on-year. As a result, there were 4.2 points-of-sales per square kilometer in Lebanon at the end of June 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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