Money & BusinessSaudi Arabia

Saudi: More than 1k ATMs went out of service in 2021

Based on government reports, a total of 1,755 ATMs had gone out of service during the year 2021. About seven ATMs went out of service every working day during the last year.

This confirms the transformation of the Saudi economy into a digital economy at an accelerated pace by making full use of electronic services without the need to deal with cash as bank customers are increasingly dependent on technology.

The number of ATMs operating at the end of last year decreased to 16,544, a fall in the number of operating machines by 9.59 percent while compared to 2020, when the number of ATMs accounted for 18,299.


Saudi Gazette
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