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Number of Hungarian-issued bank cards up 13% in 2005

The number of bankcards issued in Hungary rose 13% to 7.38 million in 2005, the National Bank of Hungary (MNB) reported on Friday.

Holders of bankcards from Hungarian or foreign issuers made 209 million transactions worth Ft 5,249 billion forints (€19.8 billion) in Hungary last year. The number of transactions increased by 8% over 2004, and turnover was up 10%. The bankcards of Hungarian issuers were used for 203 million transactions worth Ft 5,220 billion in Hungary and abroad. The transactions included cash withdrawals and purchases.