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Japan a Leader in ATMs, Report Says

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<i> From Associated Press</i>

The Asia-Pacific region has the most automated teller machines in the world, a news report said Monday.

The Asia-Pacific region had 275,007 ATMs as of 1998, 34.4% of the world’s total, the Straits Times newspaper said.

Western Europe was second with 218,394, or 27.2%, the newspaper said, while North America was third with 214,832, or 26.8%. The paper quoted statistics from Retail Banking Research in Britain.

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Japan had the world’s highest concentration of ATMs, with 1,079.7 per 1 million people in 1997, the most recent year for which density statistics were given. South Korea was second at 791 per million, and Spain was third with 761.4 per million.

The number of ATMs worldwide grew by 14% to 802,000 in 1998, the report said.

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