The number of cash machines of three major banks in sharp decline by 2025

2023-06-01 17:36:22

By Le Figaro with AFP

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Just under 48,000 ATMs dotted French territory at the end of 2021, according to the Banque de France. Vincent / stock.adobe.com

France has already lost on average just over 2 cash dispensers per day in 2021.

The outlines of the project to pool the ATMs of BNP Paribas, Société Générale and Crédit Mutuel Federal Alliance, which owns the CIC network, are emerging. At the end of 2025, around 7,000 withdrawal points will remain, BNP Paribas announced on Thursday, compared to some 15,000 distributors today.

«The objective for Cash Services is to have more than 5,000 branch sites, with one or more ATMs, to which we can add 2,000 non-branch sites, allowing cash withdrawals and deposits to all customers of all banks.of the consortium, Deputy CEO of BNP Paribas Thierry Laborde told AFP on the sidelines of a press conference on payments.

The figures given by the senior executive of the first French bank, also in charge of means of payment within the French Banking Federation (FBF), are to be compared with the approximately 15,000 ATMs (ATMs) currently in service. .

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Rural areas spared

It is the urban areas where the four brands cohabit – BNP Paribas, SG (the new brand resulting from the merger between Société Générale and Crédit du Nord), Crédit Mutuel and CIC – which are mainly affected by this pooling. No ATM should be closed in rural and isolated areas, assured one of the three banks when presenting the initial project in October 2021.

The distributors “Cash Services» will give the possibility to withdraw or deposit banknotes and coins, to deposit checks, to consult its balance or to edit an RIB. Pooling should limit so-called withdrawalsdisplaced», these withdrawals made outside the distributors of his own bank, invoiced to the customer according to the offer to which he has subscribed and from a certain number.

It also aims to reduce operating costs for the banks: fewer ATMs means less supply and maintenance costs, the comings and goings of cash carriers… The total number of ATMs is already falling in France. The metropolis lost on average just over 2 per day in 2021. It had 47,853 ATMs at the end of the same year, according to the Banque de France, i.e. almost 10% less than at the end of 2018 .

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