2011 Bis PDF

Committee on Payment and Settlement Systems
Statistics on payment, clearing and settlement systems in the CPSS countries

Figures for 2011
September 2012
Preliminary release
Bank for International Settlements 2012. All rights reserved. Brief excerpts may be reproduced or translated provided the source is cited.
ISBN 92-9197-154-5 (online)
Contents
Country tables .............................................................................................................................. Australia .......................................................................................................................................... Belgium ........................................................................................................................................... Brazil ............................................................................................................................................... Canada ........................................................................................................................................... China .............................................................................................................................................. Euro area ........................................................................................................................................ France ............................................................................................................................................. Germany ......................................................................................................................................... Hong Kong SAR ............................................................................................................................. India ................................................................................................................................................ Italy ................................................................................................................................................. Japan .............................................................................................................................................. Korea .............................................................................................................................................. Mexico ............................................................................................................................................ Netherlands .................................................................................................................................... Russia ............................................................................................................................................. Saudi Arabia ................................................................................................................................... Singapore ....................................................................................................................................... South Africa .................................................................................................................................... Sweden ........................................................................................................................................... Switzerland ..................................................................................................................................... Turkey ............................................................................................................................................. United Kingdom .............................................................................................................................. United States .................................................................................................................................. Comparative tables ...................................................................................................................... Annexes ......................................................................................................................................... General comments ......................................................................................................................... Statistical methodology for the country tables ................................................................................ Statistical methodology for the comparative tables ........................................................................ Central bank officials involved in the preparation of this edition of the statistical update .............. Other BIS publications relating to payment and settlement systems .............................................
1 3 17 35 57 79 97 103 119 141 157 181 199 221 239 257 271 295 309 325 339 359 373 391 409 427 527 529 531 547 567 569
CPSS Red Book statistical update
September 2012 (provisional)
Note It is important that the country tables are read in conjunction with the corresponding statistical methodology. Where the data provided are an exception to the methodology, this is indicated by in the table concerned. A second statistical methodology explains which data have been taken from the country tables for the comparative tables.
Notation used in this publication: nap not applicable nav not available 0 exactly zero (not rounded to zero; country tables only) Differences in totals are due to rounding.
ii
ii
Country tables

(Provi
Australia
Table 1
Basic statistical data

2007 21,059.7 1,129.1 53,614 3.0 1.1343 1.1860 2008 21,439.5 1,232.1 57,468 3.7 1.4434 1.1730 2009 21,818.0 1,251.4 57,358 2.1 1.1150 1.2521 2010 22,097.8 1,354.1 61,276 2.7 0.9840 1.0870 2011 22,369.4 1,441.0 64,420 3.1 0.9846 0.9609
Population (thousands) GDP (AUD billions) GDP per capita (AUD) Consumer price inflation (%) Exchange rate (AUD/USD): end of year average
Table 2
Settlement media used by non-banks

(AUD billions, end of year) 2007 39.99 191.37 231.36 nav nap 2008 45.06 187.07 232.14 nav nap 2009 46.06 195.94 241.99 nav nap 2010 47.90 214.70 262.61 nav nap 2011 50.80 228.87 279.67 nav nap
Notes and coin in circulation outside banks Value of transferable deposits Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages
Australia
Table 3
Settlement media used by banks

(AUD billions, average for December) 2007 6.52 nap 6.52 nap 2008 18.50 nap 18.50 nap 2009 5.11 nap 5.11 nap 2010 2.23 nap 2.23 nap 2011 2.85 nap 2.85 nap
Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight longer refinancing operations (repos)
12.00 0 0
14.51 0 0
15.48 0 0
15.15 0 0
15.77 0 0
Table 4
Banknotes and coin

(AUD millions, end of year) 2007 47,651.7 44,938.8 17,811.3 22,366.5 3,161.5 960.9 638.6 2,712.8 1,078.1 631.7 365.5 268.3 185.4 183.8 7,663.7 39,988.0 2008 54,605.5 51,709.5 19,538.2 27,099.8 3,389.0 1,007.8 674.8 2,896.1 1,176.3 669.1 381.1 284.9 194.0 190.7 9,542.5 45,063.0 2009 54,687.9 51,615.4 20,833.5 26,099.6 2,972.6 1,015.3 694.3 3,072.5 1,273.9 702.2 398.3 300.2 201.5 196.4 8,631.9 46,056.0 2010 56,286.1 53,098.9 21,436.6 26,776.1 3,091.1 1,060.2 735.0 3,187.2 1,336.1 720.0 410.0 312.3 207.6 201.3 8,385.1 47,901.0 2011 59,140.2 55,869.5 22,901.5 27,826.5 3,279.0 1,101.7 760.9 3,270.6 1,372.3 740.3 419.9 320.0 212.9 205.3 8,336.2 50,804.0
Total banknotes and coin issued Total banknotes issued AUD 100 AUD 50 AUD 20 AUD 10 AUD 5 Total coin issued AUD 2 AUD 1 AUD 0.50 AUD 0.20 AUD 0.10 AUD 0.05 Banknotes and coin held by banks Banknotes and coin in circulation outside banks
Australia
Table 5
Institutions offering payment services to non-banks

(end of year) 2007 Central bank Number of branches or offices Number of accounts Value of accounts (AUD billions) Memo: Number of accounts, all Banks Number of institutions Number of branches or offices Number of accounts Value of accounts (AUD billions) 2 nav 19.43 nav 2008 2 nav 15.78 nav 2009 2 nav 20.48 nav 2010 2 nav 13.45 nav 2011 2 nav 21.35 nav
55 5,264 nav 1,153.69
58 5,398 nav 1,319.77
57 5,504 nav 1,397.44
55 5,540 nav 1,480.66
56 5,571 nav 1,594.66
Other institutions offering payment services to non-banks Number of institutions 157 Number of branches or offices 1,263 Number of accounts (thousands) nav Value of accounts (AUD billions) 51.63 Building societies Number of institutions 14 Number of branches or offices 367 Value of accounts (AUD billions) 18.27 Credit unions Number of institutions 143 Number of branches or offices 896 Value of accounts (AUD billions) 33.36 Institutions offering payment services to non-banks (total) Number of institutions 213 Number of branches or offices 6,529 Number of accounts held by non-banks nav Value of accounts held by non-banks (AUD billions) 1,224.75 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions (AUD billions)
145 1,226 nav 55.28 12 327 17.88 133 899 37.40
128 1,172 nav 59.21 11 300 19.29 117 872 39.92
119 1,159 nav 64.22 11 301 20.43 108 858 43.80
113 1,159 nav 61.46 10 305 17.50 103 854 43.96
204 6,626 nav 1,390.83
186 6,678 nav 1,477.12
175 6,701 nav 1,558.33
170 6,732 nav 1,677.47
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nap nap
nap nap
Australia
Table 6
Payment card functions and accepting devices

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function Cards with a debit function 1 Cards with a credit function Cards with an e-money function Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals
1
2008 54,818 35,338 19,480 nap
2009 58,224 37,934 20,290 nap
2010 62,895 41,355 21,539 nap
2011 58,402 37,247 21,155 nap
51,227 32,348 18,878 nap
51,227 nap
54,818 nap
58,224 nap
62,895 nap
58,402 nap
nav
nav
nav
nav
nav
26,067 26,067 nav 628,819 628,819 nap
27,081 27,081 nav 669,600 669,600 nap
27,067 27,067 nav 697,803 697,803 nap
30,092 30,092 nav 707,303 707,303 nap
30,841 30,841 nav 751,097 751,097 nap
Includes cards with a delayed debit function.
Australia
Table 7
Indicators of the use of payment instruments and terminals by non-banks: volume of transactions
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function 1, 2 payments by cards with a credit function E-money payment transactions Cheques 3 Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions4 ATM cash withdrawals ATM cash deposits POS payment transactions E-money card loading/unloading transactions E-money card payment transactions
1
2008 1,316.5 nap 1,316.5 605.4 3,158.6 1,740.7 1,418.0 nap 371.0 239.3
2009 1,384.5 nap 1,384.5 645.7 3,466.0 1,985.3 1,480.8 nap 333.0 264.2
2010 1,494.3 nap 1,494.3 682.6 3,832.4 2,259.4 1,573.0 nap 291.1 289.1
2011 1,588.1 nap 1,588.1 704.1 4,270.3 2,606.7 1,663.6 nap 256.4 309.7
1,227.1 nap 1,227.1 560.8 2,848.2 1,505.0 1,343.1 nap 418.1 211.4
5,265.5 nav
5,690.9 nav
6,093.4 nav
6,589.4 nav
7,128.6 nav
nav
nav
nav
nav
nav
1,028.5 770.4 nav 2,673.7 nap nap
1,113.5 869.5 nav 2,796.9 nap nap

3
1,158.8 862.7 nav 3,121.9 nap nap

4
1,161.9 851.3 nav 3,435.9 nap nap
1,150.7 844.0 nav 3,731.3 nap nap
Excludes BPAY. terminals.
Includes payments by cards with a delayed debit function.
BPAY.
Includes cash-outs at point-of-sale
Australia
Table 8
Indicators of the use of payment instruments and terminals by non-banks: value of transactions
(AUD billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function 1, 2 payments by cards with a credit function E-money payment transactions Cheques 3 Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions4 ATM cash withdrawals ATM cash deposits POS payment transactions E-money card loading/unloading transactions E-money card payment transactions
1
2008 6,868.1 nap 6,868.1 5,021.8 314.8 108.1 206.7 nap 1,617.2 169.7
2009 6,566.4 nap 6,566.4 4,886.4 337.1 122.8 214.3 nap 1,500.5 188.1
2010 6,200.2 nap 6,200.2 5,237.0 363.9 135.6 228.4 nap 1,418.2 200.7
2011 6,826.5 nap 6,826.5 5,760.0 393.0 153.5 239.6 nap 1,279.8 225.3
6,437.2 nap 6,437.2 4,707.4 281.4 91.9 189.5 nap 1,839.5 146.3
13,411.8 nav
13,991.6 nav
13,478.6 nav
13,420.1 nav
14,484.6 nav
nav
nav
nav
nav
nav
163.5 138.3 nav 255.8 nap nap
178.5 153.7 nav 264.0 nap nap

3
183.5 156.2 nav 282.0 nap nap

4
182.4 154.6 nav 304.9 nap nap
180.4 153.7 nav 325.9 nap nap
Excludes BPAY. terminals.
Includes payments by cards with a delayed debit function.
BPAY.
Includes cash-outs at point-of-sale
Australia
Table 9
Participation in selected interbank funds transfer systems

(end of year) 2007 RITS 1 Number of participants Direct participants Banks Central bank Other direct participants Clearing and settlement organisations Other financial institutions Other Indirect participants
1
2008 68 62 52 1 9 3 6 0 6
2009 70 61 50 1 10 4 6 0 9
2010 71 62 49 1 12 3 9 0 9
2011 82 60 50 1 9 3 6 0 22
63 58 49 1 8 3 5 0 5
RITS also has a number of non-participant members.
Table 10
Payments processed by selected interbank funds transfer systems: volume of transactions

(millions, total for the year) 2007 Large-value and retail payment systems RITS Total transactions sent Concentration ratio in terms of volume (%) 2008 2009 2010 2011
7.25 72.7
8.09 72.9
7.85 73.4
8.40 72.5
8.97 70.8
Table 11
Payments processed by selected interbank funds transfer systems: value of transactions

(AUD billions, total for the year) 2007 Large-value and retail payment systems RITS Total transactions sent Concentration ratio in terms of value (%) 2008 2009 2010 2011
45,480.1 62.3
47,340.4 62.4
41,909.1 61.8
42,584.3 62.7
43,081.8 61.8
Australia
Table 12
Participation in SWIFT by domestic institutions

(end of year) 2007 11 11 63 61 18 16 92 88 2008 12 12 66 63 23 19 101 94 2009 11 11 63 61 25 23 99 95 2010 11 11 66 64 30 29 107 104 2011 11 11 70 64 35 32 116 107
Members of which: live Sub-members of which: live Participants of which: live Total users of which: live Memo: Total SWIFT users members sub-members participants
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13
SWIFT message flows to/from domestic users

(thousands, total for the year) 2007 68,220 13,382 5,220 58,428 13,070 8,450 15,634 2008 81,041 14,978 5,910 69,186 14,734 8,467 18,567 2009 74,844 14,902 5,600 65,554 14,119 8,010 18,217 2010 79,647 16,162 5,714 69,232 14,838 8,269 19,615 2011 88,152 17,491 6,541 78,580 16,183 9,154 20,849
Total messages sent of which: category I category II Total messages received of which: category I category II Domestic traffic Memo: Global SWIFT traffic
Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
10
Australia
Table 14
Number of participants in exchanges and trading systems

(end of year) 2007 ASX Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other ASX 24 Total number of participants 100 0 1 0 99 nav 0 1 0 nav nav 0 0 0 nav 2008 100 0 0 0 100 nav 0 0 0 nav nav 0 0 0 nav 2009 84 0 0 0 84 nav 0 0 0 nav nav 0 0 0 nav 2010 81 0 0 0 81 nav 0 0 0 nav nav 0 0 0 nav 2011 83 0 0 0 83 nav 0 0 0 nav nav 0 0 0 nav
nav
nav
nav
nav
nav
Table 15
Number of listed securities

(end of year) 2007 ASX Total number of listed securities equity ASX 24 Total number of listed securities 2,209 2,209 2008 2,223 2,223 2009 2,181 2,181 2010 2,216 2,216 2011 2,222 2,222
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Table 16
Market capitalisation of listed companies

(AUD billions, end of year) 2007 ASX Total market capitalisation/equity ASX 24 Total market capitalisation/equity 1,478.7 2008 969.0 2009 1,403.1 2010 1,419.0 2011 1,168.7
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11
Australia
Table 17
Number of executed trades

(thousands, total for the year) 2007 ASX Total number of executed securities trades equity Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives ASX 24 Total number of executed securities trades Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives
1
2008 107,136.1 107,136.1 20,315.4 nav nav nav nap nap nap
69,188.3 69,188.3
1
25,080.2 nav nav nav nap nap nap
nap 92,714.5 89,084.7 3,468.5 nap 157.0 4.3 nap
nap 76,083.0 73,912.5 2,029.8 nap 130.4 10.3 nap
nap 64,583.7 62,056.3 2,380.6 nap 136.4 10.3 nap
nap 86,194.8 82,557.5 3,426.6 nap 194.5 16.2 nap
nap 104,486.4 100,459.8 3,674.0 nap 336.1 16.5 nap
In May 2011, the standard single-stock equity option contract size was changed from 1,000 to 100 shares.
Table 18
Value of executed trades

(AUD billions, total for the year) 2007 ASX Total value of executed securities trades equity Total value of executed derivatives trades ASX 24 Total value of executed securities trades Total value of executed derivatives trades 1,597.4 1,597.4 nav 2008 1,407.3 1,407.3 nav 2009 1,163.4 1,163.4 nav 2010 1,365.4 1,365.4 nav 2011 1,307.7 1,307.7 nav
nap nav
nap nav
nap nav
nap nav
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12
Australia
Table 19
Number of clearing members

(end of year) 2007 ASX Clear Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other ASX Clear (Futures) Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members Number of foreign clearing members 57 0 0 0 57 nav 0 0 0 nav nav 0 0 0 nav 2008 54 0 0 0 54 nav 0 0 0 nav nav 0 0 0 nav 2009 49 0 0 0 49 nav 0 0 0 nav nav 0 0 0 nav 2010 44 0 0 0 44 nav 0 0 0 nav nav 0 0 0 nav 2011 43 0 0 0 43 nav 0 0 0 nav nav 0 0 0 nav
nav nav nav nav nav nav nav
15 0 0 0 15 nav nav
15 0 0 0 15 nav nav
15 0 0 0 15 nav nav
17 0 0 0 17 nav nav
13
Australia
Table 20
Number of contracts and transactions cleared

2007 ASX Clear Total number of contracts and transactions cleared ASX Clear (Futures) Total number of contracts and transactions cleared 2008 2009 2010 2011
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
Table 21
Value of contracts and transactions cleared

2007 ASX Clear Total value of contracts and transactions cleared ASX Clear (Futures) Total value of contracts and transactions cleared nav 2008 nav 2009 nav 2010 nav 2011 nav
nav
nav
nav
nav
nav
14
Australia
Table 22
Number of direct participants in CSDs

(end of year) 2007 ASX Settlement Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central counterparties (CCPs) other Number of foreign participants Austraclear Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants Number of foreign participants 113 0 1 0 0 112 nav 1 nav nav 2008 120 0 0 0 0 120 nav 0 nav nav 2009 93 0 0 0 0 93 nav 0 nav nav 2010 90 0 0 0 0 90 nav 0 nav nav 2011 92 0 0 0 0 92 nav 0 nav nav
nav nav nav nav nav nav nav nav
848 nav nav nav nav nav nav nav
Table 23
Number of securities held on accounts at CSDs

(thousands, end of year) 2007 ASX Settlement Total number of securities held1 equity Austraclear Total number of securities held
1
2008 2.223 2.223
2009 2.181 2.181
2010 2.216 2.216
2011 2.222 2.222
2.209 2.209
nav
nav
nav
nav
nav
Estimated from number of listed securities.
Table 24
Value of securities held on accounts at CSDs

(AUD billions, end of year) 2007 ASX Settlement Total value of securities held 1 equity Austraclear Total value of securities held 2 debt securities short-term paper bonds
1
2008 969.0 969.0
2009 1,403.1 1,403.1
2010 1,419.0 1,419.0
2011 1,168.7 1,168.7
1,478.7 1,478.7
771.0 771.0 nav nav

2
983.9 983.9 nav nav
1,063.4 1,063.4 nav nav
1,187.5 1,187.5 nav nav
1,289.2 1,289.2 nav nav
Estimated from value of listed securities.
As at end-June.
15
Australia
Table 25
Number of delivery instructions processed

(thousands, total for the year) 2007 ASX Settlement Total number of delivery instructions DVP equity free of payment Austraclear Total number of delivery instructions DVP debt securities short-term paper bonds free of payment debt securities short-term paper bonds nav nav nav nav 2008 nav 10,458.00 10,458.00 nav 2009 nav 9,953.46 9,953.46 nav 2010 nav 10,158.54 10,158.54 nav 2011 nav 10,401.67 10,401.67 nav
nav nav nav nav nav nav nav nav nav
nav nav nav nav nav nav nav nav nav
236.90 236.26 236.26 nav nav 0.65 0.65 nav nav
291.22 290.89 290.89 nav nav 0.33 0.33 nav nav
329.11 328.72 328.72 nav nav 0.39 0.39 nav nav
Table 26
Value of delivery instructions processed

(AUD billions, total for the year) 2007 ASX Settlement Total value of delivery instructions DVP equity free of payment Austraclear Total value of delivery instructions DVP debt securities short-term paper bonds free of payment nav nav nav nav 2008 nav 2,520.9 2,520.9 nav 2009 nav 1,916.6 1,916.6 nav 2010 nav 2,023.5 2,023.5 nav 2011 nav 2,005.1 2,005.1 nav
nav nav nav nav nav nav
nav 10,365.2 10,365.2 nav nav nav
nav 10,062.4 10,062.4 nav nav nav
nav 9,795.6 9,795.6 nav nav nav
16
Belgium
Table 1

2007 10,622 335.82 31,615 1.8 0.6793 0.7308 2008 10,708 346.38 32,347 4.5 0.7185 0.6835 2009 10,790 340.78 31,583 0.0 0.6942 0.7190 2010 10,951 356.13 32,520 2.3 0.7484 0.7559 2011 10,973 369.84 33,704 3.5 0.7729 0.7192
Population (thousands) GDP (EUR billions) GDP per capita (EUR) 1 Consumer price inflation (in %) Exchange rate (EUR/USD): end of year average
1
Yearly average.
Table 2

(EUR billions, end of year) 2007 nap 127.35 22.43 0.067 0.067 nap 2008 nap 126.97 24.20 0.066 0.066 nap 2009 nap 136.74 17.52 0.064 0.064 nap 2010 nap 141.81 22.54 0.063 0.063 nap 2011 nap 142.76 28.32 0.067 0.067 nap
Notes and coin in circulation outside banks 2 Value of transferable deposits Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products on software- or network-based products
1
These figures are provided solely at an aggregated euro area level (see Euro area, Table 2). 2 Value of overnight deposits held at Monetary Financial Institutions (MFIs) by non-MFIs (including Central government and Rest of the world). Due to a broader definition of counterparts, this indicator is not synonymous with the same term used in the ECB concept of narrow money supply M1.
Table 3

(EUR billions, average of last reserve maintenance period) 2007 12.641 12.633 0.008 44.366 2008 11.240 11.231 0.009 38.009 2009 10.569 10.565 0.004 49.338 2010 10.854 10.846 0.008 53.204 2011 10.100 10.045 0.054 60.399
Transferable balances held at the central bank required reserves free reserves 1 Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight longer-term refinancing operations 2
1
10.63 0 40.40
12.10 0 55.67
4.11 0 36.05
5.95 0 5.94
8.05 0 31.98
Value of overnight deposit accounts held by Belgian credit institutions at other credit institutions (EUR and foreign currencies, in Belgium and abroad). 2 Non-intraday borrowing, inclusive of marginal lending facilities.
Table 4
Banknotes and coin1

1
These figures are provided solely at an aggregated euro area level (see Euro area, Table 4).
17
Belgium
Table 5

(end of year) 2007 Central bank 1 Number of branches or offices 2 Number of accounts (thousands) 2 Value of accounts (EUR billions) Memo: 2 Number of accounts, banks (thousands) 8 0.789 0.461 0.367 2008 8 0.497 0.275 0.354 2009 6 0.298 0.174 0.316 2010 6 0.248 0.198 0.319 2011 6 0.250 0.668 0.325
Banks Number of institutions 110 105 Number of branches or offices 4,425 4,316 2 Number of accounts (thousands) 13,993.7 15,118.4 of which: number of internet/PC-linked accounts (thousands) 5,193.2 6,595.4 2 Value of accounts (EUR billions) 126.89 126.70 Credit institutions legally incorporated in the reporting country Number of institutions 52 49 Number of branches or offices 4,365 4,255 Value of accounts (EUR billions)2 106.02 106.89 Branches of euro area-based credit institutions Number of institutions 41 40 Number of branches or offices 51 53 Value of accounts (EUR billions)2 5.38 5.44 Branches of EEA-based credit institutions (outside the euro area) Number of institutions 8 7 Number of branches or offices 2 1 Value of accounts (EUR billions)2 1.68 1.63 Branches of foreign banks Number of institutions 9 9 Number of branches or offices 7 7 Value of accounts (EUR billions)2 13.80 12.74 Other institutions offering payment services to non-banks: postal institution Number of institutions 1 1 Number of branches or offices 1,304 1,354 Number of accounts (thousands)2 0.747 0.734 Value of accounts (EUR billions)2 0.670 0.797 Institutions offering payment services to non-banks (total) Number of institutions 112 Number of branches or offices 5,737 Number of accounts held by non-banks (thousands)2 13,995.2 of which: number of internet/PC-linked accounts (thousands) 5,193.2 Value of accounts held by non-banks (EUR billions)2 128.02 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
104 4,201 15,832.8 8,481.3 136.56 48 4,161 112.02 40 32 7.64 7 2 2.33 9 6 14.57
106 4,087 16,641.5 9,156.9 141.61 48 4,056 113.00 41 20 9.46 8 4 2.92 9 7 16.22
108 3,881 16,600.6 10,769.3 142.09 47 3,806 112.81 44 66 9.36 8 1 0.88 9 8 19.04
1 1,401 0.866 0.809
1 1,394 0.664 0.924
1 1,373 0.669 1.048
107 5,678 15,119.6 6,595.4 127.77
106 5,608 15,833.9 8,481.3 137.55
108 5,487 16,642.4 9,156.9 142.73
110 5,260 16,601.5 10,769.3 143.81
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2 nav
2 nav
2 nav
2 nav
Head office, branches and agencies (bureaux).
Overnight deposits.
18
Belgium
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function Cards with a debit function Cards with a delayed debit function 1 Cards with a credit function Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs2, 3 ATMs with a cash withdrawal function ATMs with a credit transfer function 3 POS terminals of which: EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals 17,491.7 13,721.8 3,769.9 nav 10,904.0 2,619.9 2008 18,724.1 14,699.0 4,025.1 nav 11,439.5 2,766.6 2009 19,258.5 14,992.2 4,266.3 nav 11,315.5 2,538.8 2010 19,447.9 15,132.4 4,315.5 nav 11,659.5 2,391.7 2011 20,005.2 15,707.0 4,298.2 nav 12,446.6 2,108.1
17,491.7 10,904.0
18,724.1 11,439.5
19,258.5 11,315.5
19,447.9 11,659.5
20,005.2 12,446.6
nav
nav
nav
nav
nav
15,446 7,470 9,579 121,867 121,867 205,604 125,464 80,140

2
15,471 7,916 9,303 124,902 124,902 202,553 125,442 77,111
15,271 8,149 8,902 135,077 135,077 191,062 117,606 73,456
15,576 8,286 8,316 138,255 138,255 177,967 112,387 65,580
15,767 8,599 9,913 140,928 140,928 nav nav nav
1 All major credit cards are issued as delayed debit cards. categories should not be summed). 3 Revised data for 2010.
Each function is counted separately (to avoid double-counting,
19
Belgium
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based 1 Direct debits Card payments with cards issued in the country 2 payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function 2 E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received3 897.56 113.58 783.98 239.98 861.49 764.16 97.33 nav 89.82 89.82 nap 10.59 0.27 2008 925.58 108.85 816.73 247.94 934.09 828.17 105.92 nav 81.17 81.17 nap 8.82 0.22 2009 953.26 89.59 863.67 260.27 997.40 885.20 112.20 nav 70.49 70.49 nap 7.94 0.18 2010 1,005.50 65.76 939.75 246.02 1,066.89 945.90 120.99 nav 60.62 60.62 nap 7.20 0.16 2011 1,025.31 39.56 985.76 264.55 1,154.32 1,020.57 133.74 nav 50.51 50.51 nap 6.50 0.12
2,099.71 72.91
2,197.82 84.76
2,289.54 95.39
2,386.39 104.61
2,501.31 129.83
47.56
55.61
61.15
69.82
88.46
Transactions per type of terminal Total transactions at terminals in the country Cash transactions3 317.61 357.56 ATM cash withdrawals 3 317.61 357.56 ATM cash deposits nav nav POS payment transactions3 839.47 906.59 E-money card loading/unloading transactions 14.27 12.64 E-money card payment transactions 89.82 81.17 a) Transactions at terminals in the country by cards issued in the country Cash transactions4 309.03 348.27 ATM cash withdrawals 4 309.03 348.27 ATM cash deposits nav nav POS payment transactions 803.32 865.40 E-money card loading/unloading transactions 14.27 12.64 E-money card payment transactions 89.82 81.17 b) Transactions at terminals in the country by cards issued outside the country Cash transactions 8.58 9.29 ATM cash withdrawals 8.58 9.29 ATM cash deposits nav nav POS payment transactions3 36.15 41.19 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions 11.91 13.20 ATM cash withdrawals 11.91 13.20 ATM cash deposits nav nav POS payment transactions 58.17 68.68 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1 4
384.61 384.61 nav 966.67 11.08 70.49 375.70 375.70 nav 924.09 11.08 70.49 8.91 8.91 nav 42.58 nav nav 14.16 14.16 nav 73.31 nav nav
3
400.37 400.37 nav 1,033.94 9.36 60.62 391.12 391.12 nav 983.89 9.36 60.62 9.25 9.25 nav 50.05 nav nav 14.63 14.63 nav 82.99 nav nav
414.72 414.72 nav 1,104.56 8.28 50.51 405.67 405.67 nav 1,048.50 8.28 50.51 9.05 9.05 nav 56.06 nav nav 14.08 14.08 nav 105.83 nav nav
Includes some book-entry transfers. Revised data for 2010.
All major credit cards are issued as delayed debit cards.
Revised figures for all years.
20
Belgium
Table 8
(EUR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based 1 Direct debits Card payments with cards issued in the country 2 payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function 2 E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received3 4,087.05 678.51 3,408.54 58.29 48.76 38.52 10.24 nav 0.39 0.39 nap 63.17 2.68 2008 4,341.23 706.34 3,634.90 63.60 52.66 41.59 11.08 nav 0.35 0.35 nap 50.45 2.34 2009 3,936.54 504.20 3,432.33 63.05 54.74 43.68 11.06 nav 0.31 0.31 nap 43.34 1.75 2010 3,684.19 308.64 3,375.56 55.31 58.74 46.80 11.94 nav 0.26 0.26 nap 40.89 1.49 2011 3,890.46 333.08 3,557.38 66.77 63.30 50.38 12.92 nav 0.23 0.23 nap 46.58 1.19
4,260.34 1,119.70
4,510.65 1,267.93
4,099.74 1,106.98
3,840.88 921.79
4,068.53 909.83
1,487.45
1,482.21
1,407.45
1,236.83
1,360.65
Transactions per type of terminal Total transactions at terminals in the country Cash transactions3 35.32 40.12 ATM cash withdrawals 3 35.32 40.12 ATM cash deposits nav nav POS payment transactions3 46.97 50.40 E-money card loading/unloading transactions 0.41 0.36 E-money card payment transactions 0.39 0.35 a) Transactions at terminals in the country by cards issued in the country Cash transactions4 34.05 38.79 ATM cash withdrawals 34.05 38.79 ATM cash deposits nav nav POS payment transactions 43.47 46.52 E-money card loading/unloading transactions 0.41 0.36 E-money card payment transactions 0.39 0.35 b) Transactions at terminals in the country by cards issued outside the country Cash transactions 1.27 1.33 ATM cash withdrawals 1.27 1.33 ATM cash deposits nav nav POS payment transactions3 3.50 3.88 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions 1.64 1.79 ATM cash withdrawals 1.64 1.79 ATM cash deposits nav nav POS payment transactions 5.29 6.14 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1 4
3
Includes some book-entry transfers. Revised data for 2010.
All major credit cards are issued as delayed debit cards.
Revised data for all years.
21
Belgium
Table 9

(end of year) 2007 Large-value payment systems TARGET2-BE Number of participants Direct participants Banks Central bank Other direct participants Postal institution Indirect participants Retail payment systems Clearing house Number of participants Direct participants Banks Central bank Other direct participants Postal institution Indirect participants CEC Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants
1
2008
2009
2010
2011
88 16 14 1 1 1 72
51 9 8 1 0 nap 42
50 10 9 1 0 nap 40
47 11 10 1 0 nap 36
48 12 11 1 0 nap 36
79 24 22 1 1 1 55
73 24 22 1 1 1 49
73 24 22 1 1 1 49
nap nap nap nap nap nap nap
81 21 18 1 2 0 1 0 0 1 60
76 20 17 1 2 0 1 0 0 1 56
76 20 17 1 2 0 1 0 0 1 56
75 19 16 1 2 0 1 0 0 1 56
74 18 16 1 1 0 0 0 0 1 56
Manual Clearing House was closed down on 21 September 2009.
22
Belgium
Table 10
Payments processed by selected interbank funds transfer systems: volume of transactions1

(millions, total for the year) 2007 Large-value payment systems TARGET2-BE Credit transfers sent credit transfers sent within ELLIPS credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of volume (%)2 Retail payment systems Clearing house Credit transfers sent credit transfers cheques other payment instruments 4 Concentration ratio in terms of volume (%)2 CEC Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments 4 Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
2.04 0.90 1.14
2.75 0.74 2.00
2.12 0.61 1.52
2.39 0.64 1.75
2.59 0.57 2.03
1.27 84.0
1.82 90.0
1.90 92.8
1.87 91.0
1.74 91.8
0.47 0.02 0.45 nap 84.1
0.43 0.01 0.42 nap 83.9
0.24 0.02 0.22 nap 82.1
nap nap nap nap nap
nap nap nap nap nap
1,011.75 523.40 115.12 81.99 22.55 1.05 11.91 255.72

2
1,063.40 537.79 118.20 90.04 23.93 0.96 11.10 281.39 81.8
1,122.91 550.58 123.37 103.62 27.11 0.91 10.18 307.15 81.4
1,170.22 553.59 129.53 119.89 28.24 0.78 9.57 328.62 82.2
1,224.94 555.31 131.41 142.02 28.98 0.69 8.15 358.39 85.0
81.7
The table contains both customer and interbank transactions. 2 Market share of the five largest participants in each payment system. 3 Manual Clearing House was closed down on 21 September 2009. 4 Bills of exchange.
23
Belgium
Table 11
Payments processed by selected interbank funds transfer systems: value of transactions1

(EUR billions, total for the year) 2007 Large-value payment systems TARGET2-BE Credit transfers sent credit transfers sent within ELLIPS credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of value (%) Retail payment systems Clearing house Credit transfers sent credit transfers cheques other payment instruments 4 Concentration ratio in terms of value (%) CEC Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments 4 Concentration ratio in terms of value (%)
1
2008
2009
2010
2011
26,638.51 4,952.95 21,685.56
27,122.96 4,189.69 22,933.27
20,835.17 3,074.82 17,760.35
20,199.74 3,063.10 17,136.64
22,163.17 3,153.05 19,010.12
21,653.31 91.0
23,307.80 93.3
17,977.77 89.4
17,315.44 92.0
19,315.89 92.3
49.117 0.0159 49.101 nap

2
44.165 0.0189 44.146 nap 88.0
21.570 0.0104 21.560 nap 86.1
nap nap nap nap nap
nap nap nap nap nap
88.5
746.79 525.68 23.73 77.97 5.94 0.44 23.00 90.02

2
803.01 560.44 26.11 86.24 8.49 0.39 21.25 100.11 82.6
804.85 548.57 26.12 88.73 11.06 0.35 25.94 104.08 82.2
846.92 557.16 26.81 95.01 12.72 0.29 43.45 111.48 83.2
886.67 585.79 26.39 102.35 13.69 0.26 39.05 119.14 84.6
82.4
The table contains both customer and interbank transactions. 2 Market share of the five largest participants in each payment system. 3 Manual Clearing House was closed down on 21 September 2009. 4 Bills of exchange.
24
Belgium
Table 12

(end of year) 2007 21 21 46 43 31 28 98 92 2008 20 20 45 44 40 36 105 100 2009 21 21 46 46 40 39 107 106 2010 21 21 48 47 42 40 111 108 2011 22 22 48 47 44 42 114 111
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
25
Belgium
Table 14

(end of year) 2007 Regulated off-exchange market Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other Euronext Brussels Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants Number of foreign participants 200 1 0 124 75 176 1 0 105 70 24 0 0 19 5 2008 201 1 0 122 78 176 1 0 102 73 25 0 0 20 5 2009 190 1 0 117 72 167 1 0 99 67 23 0 0 18 5 2010 200 1 0 121 78 176 1 0 102 73 24 0 0 19 5 2011 201 1 0 122 78 176 1 0 102 73 25 0 0 20 5
164 nav nav nav nav nav nav
Table 15

(thousands, end of year) 2007 Regulated off-exchange market Total number of listed securities debt securities short-term paper bonds Euronext Brussels Total number of listed securities debt securities short-term paper bonds equity other 0.100 0.100 0.079 0.021 2008 0.104 0.104 0.080 0.024 2009 0.104 0.104 0.024 0.080 2010 0.102 0.102 0.024 0.078 2011 0.111 0.111 0.024 0.087
0.914 0.197 nav nav 0.161 0.556
1.136 0.202 nav nav 0.154 0.780
26
Belgium
Table 16

(EUR billions, end of year) 2007 Regulated off-exchange market Total market capitalisation/equity Euronext Brussels Total market capitalisation/equity nap 2008 nap 2009 nap 2010 nap 2011 nap
nav
nav
nav
200.3
176.65
Table 17

(thousands, total for the year) 2007 Regulated off-exchange market Total number of executed securities trades1 debt securities short-term paper bonds Total number of executed derivatives trades Euronext Brussels Total number of executed securities trades debt securities short-term paper bonds equity other Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives
1
2008 79.6 79.6 63.4 16.2 nap
2009 87.2 87.2 16.0 71.2 nap
2010 102.6 102.6 21.9 80.7 nap
2011 132.8 132.8 25.1 107.7 nap
77.0 77.0 20.0 57.0 nap
nav nav nav nav nav nav nav nav nav nav nav nav nav
12,499.8 26.0 nav nav 12,464.0 9.8
15,580.0 26.0 nav nav 15,541.0 13.0 1,426,154 159,012 1,267,142 nav nav nav nav
nav 1,421,055.0 nav 158,047.0 nav 1,263,008.0 nav nav nav nav nav nav nav nav
The total number of executed securities trades handled by the regulated off-exchange market (in linear bonds, strips and treasury certificates) includes trades on MTS Belgium and Euro MTS.
27
Belgium
Table 18

(EUR billions, total for the year) 2007 Regulated off-exchange market 1 Total value of executed securities trades debt securities short-term paper bonds Total value of executed derivatives trades Euronext Brussels Total value of executed securities trades debt securities short-term paper bonds equity other Total value of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives
1
2008 596.22 596.22 370.20 226.03 nap
2009 654.15 654.15 278.96 375.19 nap
2010 796.13 796.13 368.37 427.77 nap
2011 924.59 924.59 405.32 519.27 nap
666.19 666.19 247.41 418.77 nap
84.75 0.23 nav nav 84.5 0.08 7.15 4.06 3.09 nav nav nav nav
83.06 0.20 nav nav 82.80 0.07 7.39 4.14 3.25 nav nav nav nav
The total number of executed securities trades handled by the regulated off-exchange market (in linear bonds, strips and Treasury certificates) includes trades on MTS Belgium and Euro MTS.
Table 19

2007 LCH.Clearnet SA Total number of clearing members1
1
2008 nav
2009 nav
2010 nav
2011 nav
nav
See France, Table 19.
28
Belgium
Table 20

(thousands, total for the year) 2007 LCH.Clearnet SA Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds equity of which: number of repurchase transactions cleared 1 debt securities short-term paper bonds Number of exchange-traded derivatives contracts cleared financial futures financial options commodity futures commodity options Number of OTC derivatives contracts cleared
1
2008
2009
2010
2011
24,275.0 21,581.0 0.0 0 0 21,581.0
29,576.2 27,155.1 0.5 0.002 0.516 27,154.6
30,632.8 27,958.2 3.426 0 3.000 27,954.8
27,722.3 24,918.7 5.408 0.142 5.266 24,913.3
34,831.2 31,491.8 5.556 0.164 5.392 31,486.2
0 0 0 0
0.518 0.518 0.002 0.516
3.426 3.426 0 3.000
5.408 5.408 0.142 5.266
5.556 5.556 0.164 5.392
2,694.0 1,192.0 1,502.0 nav nav nap
2,421.0 1,230.0 1,191.0 nav nav nap
2,675.0 593.0 2,082.0 nav nav nap
2,803.6 316.0 2,487.7 nav nav nap
3,339.4 233.4 3,106.1 nav nav nap
Negligible figures in 2006 and 2007.
Table 21

(EUR billions, total for the year) 2007 LCH.Clearnet SA Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds equity of which: value of repurchase transactions cleared debt securities short-term paper bonds Value of exchange-traded derivatives contracts cleared financial futures financial options commodity futures commodity options Value of OTC derivatives contracts cleared 375.658 322.842 2.182 nav nav 320.660 2008 373.190 330.370 57.655 0.049 57.606 272.715 2009 671.258 654.543 481.400 8.015 473.385 173.143 2010 1,017.699 1,003.506 842.439 13.858 828.581 161.067 2011 877.174 862.658 700.538 19.159 681.379 162.120
2.182 2.182 nav nav
57.655 57.655 0.049 57.606
481.400 481.400 8.015 473.385
842.439 842.439 13.858 828.581
700.538 700.538 19.159 681.379
52.816 52.503 0.313 nav nav nap
42.820 37.876 4.945 nav nav nap
16.715 12.029 4.686 nav nav nap
14.193 8.106 6.087 nav nav nap
14.515 5.843 8.672 nav nav nap
29
Belgium
Table 22

(end of year) 2007 NBB SSS Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other Euroclear Belgium Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other 90 2 3 3 71 11 68 1 2 1 53 11 22 1 1 2 18 0 2008 86 2 3 3 66 12 62 1 2 1 47 11 24 1 1 2 19 1 2009 86 2 3 3 66 12 54 1 2 1 39 11 32 1 1 2 27 1 2010 85 2 3 3 65 12 52 1 2 1 37 11 33 1 1 2 28 1 2011 87 2 3 4 66 12 52 1 2 1 38 10 35 1 1 3 28 2
77 1 1 5 49 21 61 1 1 1 39 19 16 0 0 4 10 2
77 1 1 5 47 23 61 1 1 1 37 21 16 0 0 4 10 2
77 1 1 0 29 46 20 1 0 0 3 16 57 0 1 0 26 30
75 1 1 0 28 45 20 1 0 0 3 16 55 0 1 0 25 29
73 1 1 0 27 44 20 1 0 0 3 16 53 0 1 0 24 28
30
Belgium
Table 22 (cont) 2007 Euroclear Bank Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other 1,381 92 3 18 407 861 31 1 0 2 12 16 1,350 91 3 16 395 845 2008 1,346 89 4 18 312 923 30 1 0 2 10 17 1,316 88 4 16 302 906 2009 1,324 90 4 16 308 906 31 1 0 2 11 17 1,293 89 4 14 297 889 2010 1,342 91 4 15 307 925 29 1 0 2 10 16 1,313 90 4 13 297 909 2011 1,383 97 4 15 320 947 30 1 0 2 11 16 1,356 99 4 13 309 931
31
Belgium
Table 23

(thousands, end of year) 2007 NBB SSS Total number of securities held debt securities short-term paper bonds Euroclear Belgium Total number of securities held debt securities bonds equity other Euroclear Bank Total number of securities held debt securities short-term paper bonds equity other
1
2008 1.87 1.87 1.18 0.69
2009 1.48 1.48 0.77 0.71
2010 1.63 1.63 0.94 0.69
2011 1.68 1.68 1.03 0.64
1.70 1.70 0.98 0.72
nav nav nav nav nav
nav nav nav nav nav
nav nav nav nav nav
nav nav nav nav nav
0.77 0.10 0.10 0.48 0.20
249.65 199.53 33.29 166.24 20.21 29.91
208.32 158.62 15.05 143.58 18.01 31.68
198.91 151.15 15.55 135.60 18.49 29.27
207.58 159.45 18.76 140.70 18.62 29.51
203.90 157.01 18.74 138.27 18.68 28.21
The number of securities held on accounts at Euroclear Bank represent the number of eligible securities with holding.
Table 24

(EUR billions, end of year) 2007 NBB SSS Total value of securities held debt securities short-term paper bonds Euroclear Belgium Total value of securities held debt securities bonds equity other Euroclear Bank Total value of securities held debt securities short-term paper bonds 1 equity other
1
2008 399.14 399.14 59.92 339.22
2009 462.05 462.05 66.41 395.64
2010 482.99 482.99 60.90 422.09
2011 513.30 513.30 60.37 452.93
335.36 335.36 36.86 298.50
220.57 0.76 0.76 130.89 88.92
135.73 0.35 0.35 87.36 48.02
141.36 0.27 0.27 119.22 21.87
162.03 0.27 0.27 140.19 21.57
131.74 4.90 4.90 126.06 0.78
9,114.93 8,097.09 635.05 7,462.04 531.94 485.91
8,841.37 8,457.88 557.83 7,900.05 167.37 216.12
9,610.90 9,061.20 594.07 8,467.13 360.59 189.10
10,355.96 9,663.17 609.18 9,054.00 492.26 200.53
10,769.27 10,130.89 644.56 9,486.33 455.00 183.39
The split of debt securities between bonds and short-term paper is available as from 2007. The 2006 figures reported for bonds include short-term paper.
32
Belgium
Table 25

(thousands, total for the year) 2007 NBB SSS Total number of delivery instructions DVP debt securities short-term paper bonds free of payment debt securities short-term paper bonds Euroclear Belgium Total number of delivery instructions DVP debt securities bonds equity other free of payment debt securities bonds equity other Euroclear Bank Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
1
2008 328 176 176 21 155 152 152 33 119
2009 337 179 179 29 150 158 158 24 134
2010 408 223 223 41 182 185 185 26 159
2011 519 288 288 51 237 231 231 38 193
302 188 188 26 162 114 114 37 77
1,352 979 2 2 887 90 373 35 35 222 116
1,261 970 1 1 907 62 291 6 6 248 37
1,801 1,721 14 14 1,670 37 80 2 2 73 5
1,716 1,643 1 1 1,618 24 73 0 0 70 3
1,803 1,713 3 3 1,695 15 90 1 1 84 5
40,665 34,138 28,996 760 28,237 4,479 662 6,527 4,926 219 4,707 1,341 260
36,994 30,024 23,908 727 23,181 5,540 576 6,969 5,235 219 5,016 1,478 257
38,376 31,027 25,165 691 24,475 5,510 351 7,349 5,756 237 5,519 1,439 154
48,218 39,463 33,405 732 32,673 5,703 355 8,755 6,959 276 6,683 1,622 174
59,917 49,679 42,922 844 42,078 7,204 397 10,238 8,047 294 7,753 2,005 186
For 2006 and 2007, all instructions to move securities between accounts for CDMS, EMSS & FMS systems are included.
33
Belgium
Table 26

(EUR billions, total for the year) 2007 NBB SSS Total value of delivery instructions DVP debt securities short-term paper bonds free of payment debt securities short-term paper bonds Euroclear Belgium Total value of delivery instructions DVP debt securities bonds equity other free of payment debt securities bonds equity other Euroclear Bank Total value of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
1
2008 8,299.9 4,555.2 4,555.2 603.1 3,952.1 3,744.7 3,744.7 710.6 3,034.1
2009 7,408.1 4,104.9 4,104.9 707.7 3,397.2 3,303.2 3,303.2 940.9 2,362.2
2010 9,049.6 4,783.6 4,783.6 872.6 3,911.0 4,265.9 4,265.9 1,077.2 3,188.7
2011 14,129.9 8,235.9 8,235.9 1,331.3 6,904.5 5,894.0 5,894.0 1,175.4 4,718.6
6,592.1 4,424.3 4,424.3 659.9 3,764.4 2,167.8 2,167.8 501.6 1,666.2
902.2 nav nav nav nav nav nav nav nav nav nav
463.6 439.9 0.1 0.1 438.8 1.0 23.8 0.0 0.0 23.3 0.4
555.9 480.6 0.0 0.0 480.2 0.4 75.3 0.0 0.0 74.3 1.0
285,465.0 245,063.5 242,034.5 15,123.9 226,910.5 2,387.0 642.1 40,401.5 36,952.1 5,125.5 31,826.6 2,781.4 668.0
248,791.1 204,637.2 202,198.9 15,959.9 186,238.9 1,962.6 475.7 44,153.9 41,266.5 5,026.9 36,239.5 2,009.5 877.9
215,687.2 180,471.2 178,463.4 18,658.1 159,805.3 1,743.0 264.8 35,216.0 32,954.1 4,366.2 28,587.9 1,481.6 780.3
277,206.6 227,108.7 223,437.3 17,242.8 206,194.5 2,418.9 1,252.5 50,097.9 46,857.6 4,534.3 42,323.3 1,758.9 1,481.4
332,958.8 278,791.2 275,393.8 256,229.1 19,164.8 2,971.5 425.9 54,167.6 48,070.1 5,728.1 42,342.0 2,150.9 3,946.6
For 2006 and 2007, all instructions to move securities between accounts for CDMS, EMSS & FMS systems are included.
34
Brazil
Table 1

2007 187,642 2,661.3 14,183 4.5 1.7713 1.9483 2008 189,613 3,032.2 15,992 5.9 2.3370 1.8375 2009 191,481 3,239.4 16,918 4.3 1.7412 1.9936 2010 193,253 3,770.1 19,509 5.9 1.6662 1.7593 2011 194,933 4,143.0 21,254 6.5 1.8758 1.6746
Population (thousands) GDP (BRL billions) GDP per capita (BRL) Consumer price inflation (%) Exchange rate (BRL/USD): end of year average
Table 2

(BRL billions, end of year) 2007 82.25 149.18 0 231.43 nap nav nav nav 2008 92.38 131.06 0 223.44 nap nav nav nav 2009 105.80 144.43 0 250.23 nap nav nav nav 2010 121.98 159.89 0 281.88 nap nav nav nav 2011 131.70 153.03 0 284.74 nap nav nav nav
Notes and coin in circulation outside banks Value of transferable deposits1 Other Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products on software- or network-based products
1
Sight deposits only.
35
Brazil
Table 3

(BRL billions, average of last reserve maintenance period except as noted) 2007 50.08 50.08 0 nap 2008 36.12 36.12 0 nap 2009 41.53 41.53 0 nap 2010 50.35 50.35 0 nap 2011 48.07 48.07 0 nap
Transferable balances held at the central bank required reserves 2 free reserves 3 Transferable balances held at other banks Memo: 4 Credit extended by the central bank: intraday overnight longer refinancing operations (repos)
1 3
57.09 6.08 0
29.89 0 0
38.68 0 0
30.28 0 0
31.02 0 0
Not including balance of settlement accounts held by non-bank financial institutions (data are negligible). 2 Data are negligible. In Brazil, banks taking sight deposits from the public at large are not allowed to hold this kind of deposit in another bank. 4 Last business day of the year. Where this value is negative, a zero position is reported (in the last years the Central Bank of Brazil has carried out open market transactions mainly with a view to draining liquidity from the market so as to mitigate the effects of its foreign exchange purchase transactions).
Table 4
Banknotes and coin

(BRL billions, end of year) 2007 102.885 100.529 9.759 68.614 10.596 8.338 1.752 1.187 0.283 2.356 0.923 0.578 0.335 0.335 0.152 0.032 0.001 20.634 82.251 2008 115.591 112.722 19.638 71.261 11.129 7.209 1.947 1.345 0.194 2.868 1.279 0.655 0.375 0.365 0.161 0.032 0.001 23.212 92.378 2009 131.861 128.485 29.230 76.132 12.481 6.965 2.073 1.442 0.162 3.377 1.576 0.767 0.420 0.402 0.180 0.032 0.001 26.060 105.801 2010 151.145 147.284 40.614 81.632 13.906 7.313 2.126 1.539 0.153 3.862 1.842 0.864 0.475 0.446 0.202 0.032 0.001 29.164 121.981 2011 162.770 158.418 48.577 84.126 14.856 6.839 2.237 1.632 0.151 4.351 2.113 0.963 0.523 0.496 0.225 0.032 0.001 31.067 131.703
Total banknotes and coin issued Total banknotes issued BRL 100 BRL 50 BRL 20 BRL 10 BRL 5 BRL 2 BRL 1 Total coin issued of which: BRL 1 BRL 0.50 BRL 0.25 BRL 0.10 BRL 0.05 BRL 0.01 Commemorative coin Banknotes and coin held by banks Banknotes and coin in circulation outside banks
36
Brazil
Table 5

(end of year) 2007 Central bank Number of branches or offices 1 Number of accounts (thousands) Value of accounts (BRL millions) Memo: Number of accounts, banks (thousands) Banks Number of institutions 3 Number of branches or offices 4 Number of accounts (thousands) of which: number of internet/PC-linked accounts (thousands) 5 4 Value of accounts (BRL billions) Government-owned banks Number of institutions Number of branches or offices 6 Value of accounts (BRL billions) Domestic private banks Number of institutions Number of branches or offices 6 Value of accounts (BRL billions) Branches of foreign banks Number of institutions Number of branches or offices Value of accounts (BRL billions)
2
2008 9 0.007 0 0.134
2009 9 0.007 3.03 0.131
2010 9 0.018 8.42 0.134
2011 9 0.038 20.36 0.132
9 0.008 0 0.129
125 29,127 112,130 30,000 149.18 13 12,171 61.13 105 16,947 88.05 7 9 nav
7
127 30,803 125,667 33,000 131.06 12 11,959 61.96 109 18,836 69.10 6 8 nav
123 30,903 133,628 35,000 144.43 10 10,895 70.52 107 20,000 73.91 6 8 nav
125 31,657 141,261 37,800 159.89 9 11,202 81.93 110 20,447 77.96 6 8 nav
127 33,328 150,085 40,500 153.03 9 11,337 78.69 112 21,982 74.34 6 9 nav
Other institutions offering payment services to non-banks Number of institutions1 97,290 Number of branches or offices 97,290 Number of accounts (thousands) nav Value of accounts (BRL billions) 3.83 Institutions offering payment services to non-banks (total) Number of institutions2 97,416 Number of branches or offices2 126,426 Number of accounts held by non-banks (thousands)8 112,130 of which: number of internet/PC-linked accounts (thousands) 30,000 Value of accounts held by non-banks (BRL billions) 153.01 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions (BRL billions)
1
109,513 109,513 nav 3.98
150,901 150,901 nav 4.76
166,585 166,585 nav 6.16
162,312 162,312 nav 7.16
109,641 140,325 125,667 33,000 135.04
151,025 181,813 133,628 35,000 149.19
166,711 198,251 141,261 37,800 166.06
162,440 195,649 150,085 40,500 160.21
nav nav
nav nav
nav nav
nav nav
nav nav
Data have been revised from previous years. 2 Banks taking sight deposits (commercial banks and universal banks having a commercial portfolio) only. 3 Includes both traditional and special branches. The latter are mainly restricted access branches (branches located in the premises of a private or public entity and providing services to this entity and its employees only). 4 Sight deposit accounts only. 5 Round numbers. Source: Brazilian Federation of Banks - Febraban. 6 Estimated value. 7 Includes credit unions and bank correspondents (non-financial entities acting as banks' agents, such as lottery houses, drugstores, supermarkets, post offices etc). For bank correspondents, estimated data. 8 Does not include accounts held by non-banks in credit unions.
37
Brazil
Table 6

(end of year) 2007 Cards issued in the country (thousands) 1 Cards with a cash function Cards with a debit function 2 Cards with a credit function Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: 3 Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals
1
2008 222,500 207,937 137,793 943 nav
2009 237,167 221,474 152,290 1,274 nav
2010 295,280 226,100 172,100 1,661 nav
2011 324,752 233,326 169,142 2,257 nav
195,200 182,396 117,723 764 nav
nav nav
nav nav
nav nav
nav nav
nav nav
146,701
172,793
196,467
225,347
247,402
153,162 122,079 nav 3,269,407 2,469,259 nav nav nav
158,414 129,321 nav 4,233,020 3,177,052 nav nav nav
165,567 138,909 nav 4,712,596 3,407,676 nav nav nav
174,920 155,566 nav 4,821,919 3,415,730 nav nav nav

3
173,864 157,492 nav 5,852,816 3,515,829 nav nav nav
For 2007, 2008 estimated quantities. 2 Includes delayed debit cards issued by American Express. Payment Card Industry Association - ABECS.
Source: Brazilian
38
Brazil
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based 1 Direct debits Card payments with cards issued in the country payments by cards with a debit function 2 payments by cards with a credit function 1 E-money payment transactions by cards with an e-money function through other e-money storages Cheques Total number of transactions with payment 1 instruments 3 of which: cross-border transactions sent Memo: Cross-border transactions received 5,954.10 nap 5,954.10 nav 3,891.61 1,700.13 2,191.48 19.80 19.80 nav 1,999.04 2008 6,651.55 nap 6,651.55 nav 4,658.05 2,097.23 2,560.83 18.41 18.41 nav 1,963.20 2009 7,157.90 nap 7,157.90 4,264.71 5,126.23 2,309.41 2,816.82 23.69 23.69 nav 1,802.69 2010 7,716.39 nap 7,716.39 3,584.04 6,322.51 2,928.98 3,393.53 35.36 35.36 nav 1,675.00 2011 8,439.41 nap 8,439.41 4,156.25 7,553.44 3,606.98 3,946.45 37.39 37.39 nav 1,587.77
11,864.54 31.17
13,291.21 41.12
18,375.22 40.05
19,333.30 72.84
21,774.26 169.94
0.59
0.61
0.44
0.24
160.02
Transactions per type of terminal Total transactions at terminals in the country Cash transactions4 3,647.45 3,880.80 ATM cash withdrawals 2,405.57 2,760.00 ATM cash deposits 770.01 872.65 POS payment transactions5 3,860.53 4,617.06 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions4 3,647.45 3,880.80 ATM cash withdrawals 2,405.57 2,760.00 ATM cash deposits 770.01 872.65 POS payment transactions 3,860.53 4,617.06 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions nav nav POS payment transactions nav nav E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions nav nav POS payment transactions 31.08 40.99 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1
4,032.09 2,736.71 767.98 5,086.32 nav nav 4,032.09 2,736.71 767.98 5,086.32 nav nav nav nav nav nav nav 39.91 nav nav
Data for 2010 have been revised. 2 Includes payments made with delayed debit cards issued by American Express. 3 Includes both card payments outside the country and remittances. 4 Also includes ATM credit transfers. 5 Payments through cards issued outside the country are not included.
39
Brazil
Table 8
(BRL billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based 1 Direct debits Card payments with cards issued in the country payments by cards with a debit function 2 payments by cards with a credit function 1 E-money payment transactions 1 by cards with an e-money function through other e-money storages Cheques Total value of transactions with payment 1 instruments of which: cross-border transactions sent 3 Memo: Cross-border transactions received 14,216.43 nap 14,216.43 nav 272.69 83.13 189.56 0.73 0.73 nav 2,191.78 2008 18,162.62 nap 18,162.62 nav 333.52 105.28 228.24 0.91 0.91 nav 2,553.73 2009 18,560.03 nap 18,560.03 5,081.54 386.21 121.53 264.68 1.11 1.11 nav 2,502.38 2010 20,669.26 nap 20,669.26 5,489.87 501.81 158.25 343.56 1.69 1.69 nav 2,691.01 2011 23,464.21 nap 23,464.21 5,845.45 633.61 207.14 426.46 2.10 2.10 nav 2,785.54
16,681.63 8.99
21,050.78 11.55
26,531.27 11.85
29,353.64 16.61
32,730.91 0.82
5.47
5.35
3.62
1.30
1.40
Transactions per type of terminal Total transactions at terminals in the country Cash transactions4 1,236.66 1,416.20 ATM cash withdrawals 498.10 565.02 ATM cash deposits 579.56 677.44 POS payment transactions5 264.70 323.12 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions4 1,236.66 1,416.20 ATM cash withdrawals 498.10 565.02 ATM cash deposits 579.56 677.44 POS payment transactions 264.70 323.12 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions nav nav ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions nav nav E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions nav nav ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions1 8.00 10.40 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1 3
1,506.35 637.43 668.61 375.64 nav nav 1,506.35 637.43 668.61 375.64 nav nav nav nav nav nav nav nav nav nav nav 10.57 nav nav
Data for 2010 have been revised. 2 Includes payments made with delayed debit cards issued by American Express. Includes both card payments outside the country and remittances. 4 Also includes ATM credit transfers. 5 Payments through cards issued outside the country are not included.
40
Brazil
Table 9

(end of year) 2007 Large-value payment systems STR Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other SITRAF Number of participants Direct participants Banks BmfBovespa-FX Number of participants Direct participants Banks Retail payment systems COMPE Number of participants Direct participants Banks Central bank Other direct participants General government SILOC Number of participants Direct participants Banks 2008 2009 2010 2011
136 136 129 1 6 1 0 5 0 0
139 139 134 1 4 1 0 3 0 0
136 136 131 1 4 1 0 3 0 0
151 151 137 1 13 1 0 3 9 0
171 171 154 1 16 1 0 3 12 0
96 96 96
95 95 95
89 89 89
96 96 96
98 98 98
75 75 75
73 73 73
70 70 70
71 71 71
70 70 70
131 131 129 1 1 1
135 135 133 1 1 1
132 132 132 0 0 0
131 131 131 0 0 0
137 137 137 0 0 0
114 114 114
116 116 116
120 120 120
125 125 125
122 122 122
41
Brazil
Table 10

(millions, total for the year) 2007 Large-value payment systems STR Total transactions sent Concentration ratio in terms of volume (%) SITRAF Total transactions sent Concentration ratio in terms of volume (%) BmfBovespa-FX Total transactions sent Concentration ratio in terms of volume (%) Retail payment systems COMPE Total national transactions sent Cheques Concentration ratio in terms of volume (%) SILOC Total national transactions sent Credit transfers Concentration ratio in terms of volume (%) 2008 2009 2010 2011
10.796 36.4
10.353 34.2
10.463 32.6
12.661 36.6
17.210 40.3
51.950 54.7
60.994 59.0
67.352 58.9
86.210 63.2
101.751 72.1
0.064 nav
0.065 nav
0.056 nav
0.051 44.4
0.044 47.5
1533.452 1533.452 66.9
1396.545 1396.545 68.8
1234.971 1234.971 70.4
1178.882 1178.882 71.5
1132.706 1132.706 79.8
1427.755 1427.755 67.2
1624.644 1624.644 69.8
1752.159 1752.159 71.8
2045.966 2045.966 76.6
2731.139 2731.139 82.7
42
Brazil
Table 11

(BRL billions, total for the year) 2007 Large-value payment systems STR Total transactions sent Concentration ratio in terms of value (%) SITRAF Total transactions sent Concentration ratio in terms of value (%) BmfBovespa-FX Total transactions sent Concentration ratio in terms of value (%) Retail payment systems COMPE Total national transactions sent Cheques Concentration ratio in terms of value (%) SILOC Total national transactions sent Credit transfers Card payments Concentration ratio in terms of value (%) 2008 2009 2010 2011
107,136.4 44.0
110,234.4 47.0
141,181.3 56.0
132,318.9 54.1
154,519.0 54.1
4,080.5 72.2
5,119.9 73.7
5,287.9 72.9
6,301.5 76.6
4,439.1 77.4
1,368.8 nav
1,406.1 nav
1,269.9 nav
1,319.2 51.7
1,035.1 58.2
989.8 989.8 67.9
1,056.9 1,056.9 70.0
1,005.3 1,005.3 71.2
1,101.8 1,101.8 72.2
1,123.3 1,123.3 79.6
727.1 727.1 0 65.4
853.1 852.8 0.3 68.1
921.8 919.8 2.0 69.9
1,064.4 1,042.0 22.4 75.4
1,269.5 1,139.5 129.9 83.0
43
Brazil
Table 12

(end of year) 2007 24 24 26 26 35 34 85 84 2008 24 24 24 24 40 38 88 86 2009 21 21 27 27 46 44 94 92 2010 21 21 29 28 48 46 98 95 2011 22 22 29 29 47 45 98 96
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

(thousands, total for the year) 2007 6,001 2,011 484 6,263 2,099 317 124 2008 6,947 2,242 456 6,859 2,251 324 112 2009 6,369 2,063 380 6,022 2,031 322 91 2010 7,328 2,408 407 6,661 2,108 340 110 2011 8,720 2,649 357 7,358 2,131 338 94
Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
44
Brazil
Table 14

(end of year) 2007 BmfBovespa-Equities Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants BmfBovespa-Derivatives Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants nav 0 0 nav nav nav 0 0 nav nav nap 2008 76 0 0 nav nav 76 0 0 nav nav nap 2009 81 0 0 nav nav 81 0 0 nav nav nap 2010 85 0 0 0 85 85 0 0 0 85 nap 2011 87 0 0 0 87 87 0 0 0 87 nap
118 0 0 nav nav 118 0 0 nav nav nap
88 0 0 0 88 88 0 0 0 88 nap
68 0 0 0 68 68 0 0 0 68 nap
45
Brazil
Table 15

(end of year) 2007 BmfBovespa-Equities Total number of listed securities debt securities short-term paper bonds equity other BmfBovespa-Derivatives Total number of listed securities 1,262 221 nav nav 1,041 nap 2008 1,215 215 nav nav 1,000 nap 2009 1,164 228 nav nav 936 nap 2010 1,171 288 0 288 808 75 2011 1,161 259 0 259 799 103
nap
nap
nap
nap
nap
Table 16

(BRL billions, end of year) 2007 BmfBovespa-Equities Total market capitalisation/equity BmfBovespa-Derivatives Total market capitalisation/equity 2,438.1 2008 1,373.4 2009 2,331.1 2010 2,565.6 2011 2,292.3
nap
nap
nap
nap
nap
46
Brazil
Table 17

(thousands, total for the year) 2007 BmfBovespa-Equities Total number of executed securities trades debt securities short-term paper bonds equity other Total number of executed derivatives trades financial futures financial options other financial derivatives BmfBovespa-Derivatives Total number of executed securities trades Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives 28,382.07 1.59 nav nav 28,380.47 nap 9,632.30 nav nav nav 2008 49,124.40 2.11 nav nav 49,122.29 nap 12,450.50 nav nav nav 2009 67,148.50 1.61 nav nav 67,146.88 nap 15,182.70 nav nav nav 2010 2011
87,224.09 119,817.73 3.11 3.20 0 0 3.11 3.20 86,477.76 118,724.75 743.22 1,089.78 19,967.01 0 19,580 387.35 22,590.36 0 22,304.07 286.29
nap 5,689.000 nav nav nav nav nav nav
nap 7,143.500 nav nav nav nav nav nav
nap
nap
nap
9,582.800 16,399.844 19,673.813 nav 15,847.034 19,058.705 nav 45.603 33.474 nav 0.006 0.012 nav 499.940 574.422 nav 7.202 7.107 nav 0.059 0.093
Table 18

(BRL billions, total for the year) 2007 BmfBovespa-Equities Total value of executed securities trades debt securities short-term paper bonds equity other Total value of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives BmfBovespa-Derivatives Total value of executed securities trades Total value of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives 1,461.88 0.84 nav nav 1,461.05 nap 82.30 nav nav nav nap nap nap 2008 1,618.71 1.26 nav nav 1,617.45 nap 89.10 nav nav nav nap nap nap 2009 1,516.31 0.38 nav nav 1,515.93 nap 84.00 nav nav nav nap nap nap 2010 2,092.97 0.89 0 0.89 2,078.59 13.49 112.47 0 76.06 36.40 nap nap nap 2011 2,272.48 0.94 0 0.94 2,254.04 17.50 98.19 0 68.80 29.39 nap nap nap
nap
nap
nap
nap
nap
32,206.700 27,839.800 26,643.300 42,323.189 46,338.806 nav nav nav 41,495.510 45,674.597 nav nav nav 758.098 587.604 nav nav nav 1.833 2.367 nav nav nav 67.259 73.074 nav nav nav 0.466 0.851 nav nav nav 0.022 0.312
47
Brazil
Table 19

(end of year) 2007 BmfBovespa-Equities Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members BmfBovespa-Derivatives Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members BmfBovespa-Securities Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members CETIP Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members nav 0 0 nav nav nav 0 0 nav nav nap 2008 58 0 0 nav nav 58 0 0 nav nav nap 2009 64 0 0 nav nav 64 0 0 nav nav nap 2010 91 0 0 26 65 91 0 0 26 65 nap 2011 92 0 0 26 66 92 0 0 26 66 nap
79 0 0 30 49 79 0 0 30 49 nap
82 0 0 30 52 82 0 0 30 52 nap
65 0 0 29 36 65 0 0 29 36 nap
64 0 0 28 36 64 0 0 28 36 nap
nav nav nav nav nav nav nav nav nav nav nap
556 1 0 163 392 556 1 0 163 392 nap
567 1 0 165 401 567 1 0 165 401 nap
48
Brazil
Table 20

(thousands, total for the year) 2007 BmfBovespa-Equities Total number of contracts and transactions 1 cleared Number of securities transactions cleared debt securities short-term paper bonds equity other of which: number of repurchase transactions cleared equity Number of exchange-traded derivatives contracts cleared financial futures financial options Number of OTC derivatives contracts cleared BmfBovespa-Derivatives Total number of contracts and transactions cleared1 Number of securities transactions cleared Number of exchange-traded derivatives contracts cleared financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives Number of OTC derivatives contracts cleared financial futures financial options other financial derivatives
For the footnotes, see the end of the table.
2008
2009
2010
2011
38,000.0 nav nav nav nav nav nav
107,191.1 87,224.1 3.1 0 3.1 86,477.8 743.2
142,408.1 119,817.7 3.2 0 3.2 118,724.8 1,089.8
nav nav
nav nav
nav nav
971.6 971.6
1,417.8 1,417.8
nav nav nav nap
nav nav nav nap
nav nav nav nap
19,967.0 387.3 19,579.7 nap
22,590.4 286.3 22,304.1 nap
426,365.2 nap
391,600.0 nap
373,424.5 nap
618,669.2 nap
671,977.7 nap
nav nav nav nav nav nav nav nav nap nav nav
615,491.3 526,226.5 86,057.2 21.7 2,475.9 708.8 1.2 3,177.9 nap 1,136.3 2,041.5
669,060.2 596,952.2 68,783.9 28.6 2,261.2 1,020.1 14.1 2,917.5 nap 862.0 2,055.5
49
Brazil
Table 20 (cont) 2007 BmfBovespa-Securities Total number of contracts and transactions cleared Number of securities transactions cleared debt securities government bonds of which: number of repurchase transactions cleared debt securities government bonds Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared CETIP Total number of contracts and transactions cleared2 Number of securities transactions cleared debt securities short-term paper bonds government bonds other of which: number of repurchase transactions cleared debt securities short-term paper bonds government bonds other Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared financial futures financial options other financial derivatives
1
2008
2009
2010
2011
14.1 14.1 14.1 14.1
5.5 5.5 5.5 5.5
1.5 1.5 1.5 1.5
1.5 1.5 1.5 1.5
1.1 1.1 1.1 1.1
nav nav nav
nav nav nav
nav nav nav
1.1 1.1 1.1
0.9 0.9 0.9
nap nap
nap nap
nap nap
nap nap
nap nap
13,500.0 13,100.0 13,100.0 nav nav 100.0 nav
18,900.0 18,300.0 18,300.0 nav nav 100.0 nav
21,456.3 20,830.8 20,830.8 nav nav 53.5 nav
26,009.8 25,367.9 25,367.9 3,562.2 21,750.3 55.4 0
34,897.2 34,218.5 34,218.5 3,196.2 30,969.6 52.7 0
1,071.5 1,071.5 1.0 1,065.6 4.9 0
1,904.7 1,904.7 1.0 1,898.6 5.1 0
nap 400.0 nap nap 400.0
nap 600.0 nap nap 600.0
nap 625.5 nap nap 625.5
nap 642.0 nap nap 642.0
nap 678.7 nap nap 678.7
Exchange-traded transactions in the vast majority.
For 2007 and 2008, round numbers.
50
Brazil
Table 21

(BRL billions, total for the year) 2007 BmfBovespa-Equities 1 Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds equity other of which: value of repurchase transactions cleared equity Value of exchange-traded derivatives contracts cleared financial futures financial options Value of OTC derivatives contracts cleared BmfBovespa-Derivatives Total value of contracts and transactions cleared 1 Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives Value of OTC derivatives contracts cleared financial futures financial options other financial derivatives BmfBovespa-Securities Total value of contracts and transactions cleared Value of securities transactions cleared debt securities government bonds of which: value of repurchase transactions cleared debt securities government bonds Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared
2008 1,718.99 nav nav nav nav nav nav
2009 1,605.53 nav nav nav nav nav nav
2010 2,205.44 2,092.97 0.89 0 0.89 2,078.59 13.49
2011 2,370.67 2,272.48 0.94 0 0.94 2,254.04 17.50
nav nav
nav nav
nav nav
465.61 465.61
732.75 732.75
nav nav nav nap
nav nav nav nap
nav nav nav nap
112.47 36.40 76.06 nap
98.19 29.39 68.80 nap
32,363.00 nap
28,015.25 nap
26,784.59 nap
42,518.33 nap
46,501.65 nap
42,323.19 41,495.51 758.10 1.83 67.26 0.47 0.02 195.14 nap 93.06 102.08
46,338.81 45,674.60 587.60 2.37 73.07 0.85 0.31 162.85 nap 60.07 102.78
4,174.98 4,174.98 4,174.98 4,174.98
540.19 540.19 540.19 540.19
123.70 123.70 123.70 123.70
115.07 115.07 115.07 115.07
260.35 260.35 260.35 260.35
nav nav nav
nav nav nav
nav nav nav
107.55 107.55 107.55
255.22 255.22 255.22
nap nap
nap nap
nap nap
nap nap
nap nap
51
Brazil
Table 21 (cont) 2007 CETIP Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds government bonds equity other of which: value of repurchase transactions cleared debt securities short-term paper bonds government bonds equity other Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared financial futures financial options other financial derivatives
1
2008
2009
2010
2011
5,703.00 5,550.20 5,550.20 nav nav 19.40 nap nav
9,122.10 8,834.80 8,834.80 nav nav 13.70 nap nav
11,032.36 10,905.30 10,905.30 nav nav 9.63 nap nav
13,464.57 13,330.45 13,330.45 8,494.66 4,819.88 15.91 nap nap
17,229.25 17,144.32 17,144.32 11,206.71 5,923.07 14.54 nap nap
nav nav nav nav nav nap nav
1,014.31 1,014.31 0.96 1,012.94 0.42 nap 0
1,284.95 1,284.95 10.69 1,273.85 0.41 nap 0
nap 152.80 nap nap 152.80
nap 287.30 nap nap 287.30
nap 127.07 nap nap 127.07
nap 134.12 nap nap 134.12
nap 84.92 nap nap 84.92
Exchange-traded transactions in the vast majority.
52
Brazil
Table 22

(end of year) 2007 BmfBovespa-Equities Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants CETIP Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants SELIC Total number of participants1 central bank central counterparties (CCPs) 2 central securities depositories banks other Number of domestic participants1 central bank central counterparties (CCPs) 2 central securities depositories banks other Number of foreign participants
1
2008 213 0 0 0 50 163 213 0 0 0 50 163 0
2009 203 0 0 0 51 152 203 0 0 0 51 152 0
2010 199 0 0 0 42 157 199 0 0 0 42 157 0
2011 201 0 0 0 44 157 201 0 0 0 44 157 0
227 0 0 0 48 179 227 0 0 0 48 179 0
nav nav nav nav nav nav nav nav nav nav nav nav nap
556 1 0 0 163 392 556 1 0 0 163 392 nap
567 1 0 0 165 401 567 1 0 0 165 401 nap
5,739 1 4 1 249 5484 5,739 1 4 1 249 5484 nap
6,671 1 4 1 252 6413 6,671 1 4 1 252 6413 nap
7,387 1 4 1 257 7124 7,387 1 4 1 257 7124 nap
510 1 4 1 174 330 510 1 4 1 174 330 nap

2
514 1 4 1 173 335 514 1 4 1 173 335 nap

Brazil has a
Due to a change in the account holding structure, the number of direct participants decreased sharply from 2010. single CCP, but each system it operates is considered a Selic participant.
53
Brazil
Table 23

(thousands, end of year) 2007 BmfBovespa-Equities Total number of securities held debt securities short-term paper bonds equity CETIP Total number of securities held debt securities short-term paper bonds SELIC 1 Total number of securities held debt securities short-term paper bonds
1
2008 1.23 0.16 nav nav 1.07
2009 1.20 0.20 nav nav 1.00
2010 1.22 0.11 0 0.11 1.10
2011 1.21 0.14 0 0.14 1.08
1.29 0.18 nav nav 1.10
1,485.50 1,485.50 nav nav
2,007.20 2,007.20 nav nav
2,591.09 2,591.09 nav nav
2,869.66 2,869.66 323.34 2,546.32
2,861.52 2,861.52 220.05 2,641.46
1.530 1.530 0.002 1.528
1.055 1.055 0.002 1.053
0.790 0.790 0.002 0.788
0.587 0.587 0.002 0.585
0.531 0.531 0.003 0.528
Government securities exclusively.
Table 24

(BRL billions, end of year) 2007 BmfBovespa-Equities Total value of securities held debt securities short-term paper bonds equity CETIP Total value of securities held debt securities short-term paper bonds SELIC Total value of securities held 1 debt securities short-term paper bonds
1
2008 650.43 3.30 nav nav 647.13
2009 872.56 3.87 nav nav 868.69
2010 1,239.82 3.47 0 3.47 1,236.36
2011 1,106.08 4.73 0 4.73 1,101.35
1,123.31 3.63 nav nav 1,119.68
1,580.52 1,580.52 nav nav
2,012.12 2,012.12 nav nav
2,404.36 2,404.36 nav nav
2,828.50 2,828.50 320.50 2,508.00
3,181.96 3,181.96 1,347.88 1,834.08
1,622.86 1,622.86 39.79 1,583.07
1,792.10 1,792.10 39.81 1,752.29
2,074.29 2,074.29 26.54 2,047.75
2,357.78 2,357.78 22.09 2,335.69
2,635.14 2,635.14 21.97 2,613.18
Government securities exclusively.
54
Brazil
Table 25

(thousands, total for the year) 2007 BmfBovespa-Equities 1 Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other CETIP 1 Total number of delivery instructions DVP debt securities short-term paper bonds free of payment SELIC Total number of delivery instructions DVP debt securities short-term paper bonds free of payment debt securities bonds
1
2008 nav nav nav nav nav nav nav nav nav nav nav nav nav
2010 17,091.49 11,519.05 10.65 0 10.65 11,508.40 0 5,572.44 0.67 0 0.67 5,571.77 0
2011 16,994.28 9,699.31 5.60 0 5.60 9,693.71 0 7,294.97 4.13 0 4.13 7,290.84 0
13,500.00 nav nav nav nav nav
26,009.81 26,009.81 26,009.81 4,115.42 21,894.39 nav
34,897.18 34,897.18 34,897.18 2,683.59 32,213.59 nav
2,559.752 2,434.025 2,434.025 0 2,434.025 125.727 125.727 125.727
2,710.273 2,580.986 2,580.986 0 2,580.986 129.287 129.287 129.287
2,649.372 2,534.579 2,534.579 0 2,534.579 114.793 114.793 114.793
3,011.633 2,870.445 2,870.445 0.002 2,870.443 141.188 141.188 141.188
3,372.629 3,181.767 3,181.767 0.004 3,181.763 190.862 190.862 190.862
DVP transactions in the vast majority.
55
Brazil
Table 26

(BRL billions, total for the year) 2007 BmfBovespa-Equities 1 Total value of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other CETIP 1 Total value of delivery instructions DVP debt securities short-term paper bonds free of payment SELIC Total value of delivery instructions DVP debt securities short-term paper bonds free of payment debt securities bonds
1
2010 3,607.7 1,056.6 0.9 0 0.9 1,055.7 0 2,551.1 0.4 0 0.4 2,550.7 0
2011 3,965.2 892.1 0.7 0 0.7 891.4 0 3,073.1 5.0 0 5.0 3,068.1 0
13,464.6 13,464.6 13,464.6 8,571.8 4,892.7 nav
17,229.2 17,229.2 17,229.2 7,298.3 9,930.9 nav
165,191.6 160,377.5 160,377.5 0 160,377.5 4,814.2 4,814.2 4,814.2
196,098.8 192,631.0 192,631.0 0 192,631.0 3,467.8 3,467.8 3,467.8
248,550.4 246,105.3 246,105.3 0 246,105.3 2,445.1 2,445.1 2,445.1
258,398.2 255,605.9 255,605.9 0.021 255,605.8 2,792.3 2,792.3 2,792.3
298,296.7 295,095.3 295,095.3 0.017 295,095.2 3,201.5 3,201.5 3,201.5
DVP transactions in the vast majority.
56
Canada
Table 1

2007 32,884 1,529.6 46,515 2.1 0.9881 1.0748
3
Population (thousands) 2 GDP (CAD billions) 2 GDP per capita (CAD) 1 Consumer price inflation (%) Exchange rate (CAD/USD): 3 end of year 4 average
1 Yearly average. for the year. 2
2008 33,266 1,603.4 48,200 2.4 1.2246 1.0660
2009 33,676 1,529.0 45,403 0.3 1.0466 1.1420

4
2010 34,074 1,624.6 47,679 1.8 0.9946 1.0299
2011 34,437 1,720.7 49,967 2.9 1.0170 0.9891
Data have been revised from previous editions.
Closing spot rate for the year.
Average noon spot rate
Table 2
Settlement media used by non-banks1

(CAD billions, end of year) 2007 49.49 382.55 432.04 38.07 nav 2008 53.39 434.40 487.79 44.29 nav 2009 55.07 496.67 551.74 53.39 nav 2010 57.11 544.60 601.71 66.51 nav 2011 59.90 592.88 652.78 74.46 nav
Notes and coin in circulation outside banks Value of transferable deposits Narrow money supply2 Memo: Transferable deposits in foreign currencies 3 Outstanding value on e-money storages
1
Data have been revised from previous editions to reflect a change in reporting methodology. 2 M1+(gross) equals currency in circulation outside banks plus all Canadian dollar chequable deposits held at chartered banks, trust and loan companies, credit unions and caisses populaires (excl deposits of these institutions). 3 Not included in definition of narrow money.
Table 3

(CAD billions, average for December) 2007 0.318 nap 0.318 1.285 2008 0.537 nap 0.537 1.429 2009 2.947 nap 2.947 1.233 2010 0.033 nap 0.033 1.533 2011 0.025 nap 0.025 1.933
Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks1 Memo: Credit extended by the central bank: intraday 2 overnight 3 longer refinancing operations 4
0 0 2.2120
0 0.0005 35.2020
0 0 26.1650
0 0.0080 1.1790
0 0 0.5200
1 Data have been revised from previous editions to reflect a change in reporting methodology. 2 Collateral associated with the operation of the LVTS (Canada's large-value payment system) is pledged to the Bank of Canada at the beginning of each day and is used to cover any participant's permitted negative funds positions during the day. 3 Advances to the members of the Canadian Payments Association (CPA), made at the end of the day to facilitate settlement in the LVTS; these advances are to be paid back on the following business day with interest. 4 Securities purchased under resale agreements.
57
Canada
Table 4
Banknotes and coin

(CAD billions, end of year) 2007 55.442 50.565 1.272 24.095 7.133 15.659 1.079 0.941 0.218 0.156 0.013 4.876
4
Total banknotes and coin issued Total banknotes issued CAD 1,000 CAD 100 CAD 50 CAD 20 CAD 10 CAD 5 1 CAD 2 2 CAD 1 3 other Total coin issued Banknotes and coin held by banks 4 Banknotes and coin in circulation outside banks
1 3
2008 58.804 53.731 1.193 26.354 7.563 16.126 1.092 1.018 0.217 0.155 0.013 5.072 5.416 53.388
2009 60.649 55.468 1.132 27.536 7.773 16.463 1.126 1.055 0.216 0.155 0.013 5.181 5.579 55.070
2010 63.183 57.874 1.077 28.965 8.444 16.808 1.160 1.038 0.215 0.154 0.013 5.309 6.072 57.111
2011 66.446 61.029 0.946 31.706 9.516 16.479 1.100 0.901 0.213 0.154 0.013 5.417 6.548 59.898
5.951 49.491
The CAD 2 banknote was replaced by the CAD 2 coin in 1996. 2 The CAD 1 banknote was replaced by the CAD 1 coin in 1987. Includes the banknotes previously issued by chartered banks, the Dominion of Canada, provinces, defunct banks, as well as the CAD 25 and 500 notes. All of these notes are out of print. 4 Data have been revised from previous editions to reflect a change in reporting methodology.
Table 5
Institutions offering payment services to non-banks1

(end of year) 2007 Central bank Number of branches or offices2 3 Number of accounts, non-banks Value of accounts (CAD billions), all3 Memo: Number of accounts, all3 Number of accounts, banks3 Banks 4 Number of institutions Number of branches or offices Number of accounts Value of accounts (CAD billions) Domestic banks Number of institutions Number of branches or offices Value of accounts (CAD billions) Foreign bank subsidiaries Number of institutions Number of branches or offices Value of accounts (CAD billions) Foreign bank branches Number of institutions Number of branches or offices Value of accounts (CAD billions)
2008 1 3 0.537 14 11
2009 1 3 2.947 14 11
2010 1 3 0.033 15 12
2011 1 3 0.025 15 12
1 3 0.318 14 11
73 6,651 nav 331.24 20 6422 300.16 25 197 27.36 28 32 3.72
70 6,732 nav 373.88 21 6495 337.68 23 201 30.44 26 36 5.76
74 6,705 nav 433.97 21 6472 395.74 25 201 33.08 28 32 5.14
75 6,757 nav 477.39 21 6,522 436.95 25 202 34.73 29 33 5.71
75 6,867 nav 513.56 22 6,609 468.64 25 227 36.89 28 31 8.02
58
Canada
Table 5 (cont) 2007 Other institutions offering payment services to non-banks Number of institutions 1,092 Number of branches or offices nav Number of accounts nav Value of accounts (CAD billions) 53.18 Local credit unions and caisses populaires Number of institutions 1,059 Number of branches or offices 3,404 Value of accounts (CAD billions) 47.55 5 Trust and loan companies Number of institutions 32 Number of branches or offices nav Value of accounts (CAD billions) 0.39 Governmental savings institutions Number of institutions 1 Number of branches or offices 157 Value of accounts (CAD billions) 5.24 Institutions offering payment services to non-banks (total) Number of institutions 1,166 Number of branches or offices nav Number of accounts held by non-banks nav Value of accounts held by non-banks (CAD billions)6 384.74 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
2008 1,042 nav nav 59.69 1,008 3,341 53.55 33 nav 0.47 1 164 5.67
2009 979 nav nav 70.21 945 3,302 63.12 33 nav 0.62 1 165 6.47
2010 910 nav nav 73.97 877 3,253 67.13 32 nav 0.75 1 167 6.09
2011 860 nav nav 79.95 826 3,162 69.79 33 nav 1.15 1 170 9.01
1,113 nav nav 434.10
1,054 nav nav 507.13
986 nav nav 551.39
936 nav nav 593.53
nav nav
nav nav
nav nav
2
nav nav
nav nav
Data have been revised from previous editions to reflect a change in reporting methodology. There are five regional offices and two Agency Operations Centres but only the head office offers payment services. 3 Figures represent the number of accounts held at the Bank of Canada by CPA members for the settlement of the LVTS. 4 Some foreign bank subsidiaries and foreign bank branches are associated with the same parent bank. For the purposes of this table, each institution is recorded separately. 5 Only those companies that are federally regulated and are not bank-owned are included. 6 Includes value of accounts held at the central bank by banks and non-banks.
59
Canada
Table 6

(thousands, end of year) 2007 Cards issued in the country Cards with a cash function 1 Cards with a debit function Cards with a delayed debit function Cards with a credit function Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) Memo: 2 Retailer cards Terminals located in the country ATMs3 3, 4 ATMs with a cash withdrawal function 3, 5 ATMs with a credit transfer function POS terminals6 of which: EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals
1
2008 nav 21,500.00 nap 72,682.00 nav nav
2009 nav 22,300.00 nap 73,806.00 nav nav
2010 nav 23,900.00 nap 74,470.22 nav nav
2011 nav 23,300.00 nap 78,796.16 nav nav
nav 21,262.00 nap 68,412.00 nav nav
nav
nav
nav
nav
nav
13,144.11
12,351.38
10,074.25
9,547.09
7,897.64
55.60 55.60 16.42 603.25 603.25 nav nav nav
57.90 57.90 16.89 630.53 630.53 nav nav nav
58.20 58.20 17.26 708.70 708.70 nav nav nav
59.60 59.60 17.32 727.35 727.35 nav nav nav
60.00 60.00 17.59 740.00 740.00 nav nav nav
Only cards that are actively used to make purchases at POS terminals have been reported. 2 Number of accounts has been reported. 3 Data have been revised from previous editions to reflect a change in reporting methodology. 4 Number of ATMs on the Interac network is reported. 5 Credit transfer functions are, for the most part, limited to proprietary ATMs. Access to the credit transfer functions on these ATMs is restricted to the clients of the associated proprietary institution. ATMs are reported for eight of the largest banks operating in Canada. 6 Figures represent those terminals with at least a debit function and do not include terminals that only have a credit function; includes both shared and proprietary networks. The large increase in POS terminals in 2009 is partly due to the introduction of chip card technology and the necessary upgrades to chip-reading POS terminals.
60
Canada
Table 7
Indicators of the use of payment instruments and terminals by non-banks: volume of transactions1
(millions, total for the year) 2007 Transactions per type of payment instrument 2 Credit transfers 2, 3 paper-based 2, 4 non-paper-based 2 Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions 2 Cheques Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions5 ATM withdrawals 5 ATM deposits 5 POS payment transactions6 E-money card loading/unloading transactions E-money card payment transactions
1
2008 899.78 14.64 885.14 616.47 6,281.60 3,705.00 nap 2,576.60 nav 1,012.41 nap
2009 944.14 13.84 930.29 630.79 6,552.40 3,881.00 nap 2,671.40 nav 943.68 nap
2010 997.56 12.51 985.05 651.12 6,846.09 3,971.00 nap 2,875.09 nav 915.46 nap
2011 1,043.72 10.63 1,033.10 673.77 7,227.24 4,143.00 nap 3,084.24 nav 870.86 nap
859.30 16.10 843.20 585.82 5,811.97 3,451.77 nap 2,360.20 nav 1,069.53 nap
8,326.62 nav
8,810.26 nav
9,071.00 nav
9,410.23 nav
9,815.59 nav
nav
nav
nav
nav
nav
926.31 682.14 244.17 5,811.97 nav nav
891.88 656.62 235.26 6,281.60 nav nav
858.20 635.71 222.49 6,552.40 nav nav
845.11 627.83 217.27 6,846.09 nav nav
817.62 605.99 211.63 7,227.24 nav nav
Data have been revised from previous editions to reflect a change in reporting methodology. 2 Includes transactions cleared by the Automated Clearing Settlement System (ACSS); excludes on-us transactions. 3 Bill payments initiated at ATMs and bank tellers. 4 Includes bill payments initiated over the telephone or internet, Automatic Funds Transfer (AFT) credits, and corporate-tocorporate credit via EDI. 5 Transactions are reported for eight of the largest banks operating in Canada. Values include on-us transactions. 6 Figures for POS transactions involving cards with a credit function represent the volume of transactions for cards issued in Canada and include transactions conducted at terminals in other countries.
61
Canada
Table 8
Indicators of the use of payment instruments and terminals by non-banks: value of transactions1
(CAD billions, total for the year) 2007 Transactions per type of payment instrument 2 Credit transfers 2, 3 paper-based 2, 4 non-paper-based 2 Direct debits Card payments with cards issued in the country payments by cards with a debit function 5 payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions 2 Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions ATM withdrawals ATM deposits POS payment transactions6 E-money card loading/unloading transactions E-money card payment transactions
1
2008 1,385.78 15.73 1,370.05 496.17 461.41 168.58 nap 292.83 nav 3,209.52 nap
2009 1,431.36 14.66 1,416.70 503.36 460.18 171.36 nap 288.82 nav 2,811.70 nap
2010 1,579.00 12.53 1,566.47 536.55 482.03 175.62 nap 306.41 nav 2,863.71 nap
2011 1,774.50 11.23 1,763.27 581.61 513.76 182.70 nap 331.06 nav 2,933.44 nap
1,246.57 15.45 1,231.13 446.77 421.52 156.82 nap 264.70 nav 3,334.13 nap
5,448.99 nav
5,552.88 nav
5,206.61 nav
5,461.29 nav
5,803.32 nav
nav
nav
nav
nav
nav
nav nav nav 421.52 nav nav
Data have been revised from previous editions to reflect a change in reporting methodology. 2 Includes transactions cleared by the Automated Clearing Settlement System (ACSS); excludes on-us transactions. 3 Bill payments initiated at ATMs and bank tellers. 4 Includes bill payments initiated over the telephone or internet, Automatic Funds Transfer (AFT) credits and corporate-tocorporate credits via EDI. 5 Includes the value of cash-back transactions. 6 Figures for POS transactions involving cards with a credit function represent the value of transactions for cards issued in Canada and include transactions conducted at terminals in other countries.
62
Canada
Table 9

(end of year) 2007 Large-value payment systems Large Value Transfer System (LVTS) Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants Retail payment systems Automated Clearing Settlement System (ACSS) Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants 2008 2009 2010 2011
87 15 11 1 3 nap nap nap 3 nap 72
85 15 11 1 3 nap nap nap 3 nap 70
88 15 11 1 3 nap nap nap 3 nap 73
87 16 12 1 3 nap nap nap 3 nap 71
87 16 12 1 3 nap nap nap 3 nap 71
117 12 8 1 3 nap nap nap 3 nap 105
120 12 8 1 3 nap nap nap 3 nap 108
119 12 8 1 3 nap nap nap 3 nap 107
123 12 8 1 3 nap nap nap 3 nap 111
126 12 8 1 3 nap nap nap 3 nap 114
63
Canada
Table 10

(millions, total for the year) 2007 Large-value payment systems Large Value Transfer System Total transactions sent credit transfers Concentration ratio in terms of volume (%) Retail payment systems Automated Clearing Settlement System Total transactions sent 3 credit transfers 4 direct debits 5 card payments 6 ATM transactions cheques
2
2008
2009
2010
2011
5.29 5.29 83.0
5.72 5.72 82.5
5.61 5.61 81.4
6.04 6.04 81.4
6.61 6.61 80.8
5,539.65 859.30 585.82 2,753.86 271.14 1,069.53 84.3
5,731.25 899.78 616.47 2,937.01 265.58 1,012.41 84.9
5,823.44 944.14 630.79 3,054.63 250.20 943.68 85.3
6,018.44 997.56 651.12 3,210.15 244.15 915.46 85.8
6,253.72 1,043.72 673.77 3,431.99 233.38 870.86 86.4
Concentration ratio in terms of volume (%)

1
Figures exclude on-us transactions. 2 Data have been revised from previous editions to reflect a change in reporting methodology. 3 Bill payments initiated at ATMs, bank tellers, over the telephone or internet, AFT credits and EDI. 4 AFT debits and payments and refunds for goods and services initiated online. 5 POS debits and refunds. 6 Point of service disbursement of currency on shared networks.
Table 11

(CAD billions, total for the year) 2007 Large-value payment systems Large Value Transfer System Total transactions sent credit transfers Concentration ratio in terms of value (%)2 Retail payment systems Automated Clearing Settlement System2 Total transactions sent credit transfers 3 direct debits 4 card payments 5 ATM transactions 6 cheques Concentration ratio in terms of value (%)
1
2008
2009
2010
2011
46,083.2 46,083.2 76.8
45,936.9 45,936.9 75.8
38,696.3 38,696.3 74.2
37,656.6 37,656.6 75.1
39,565.8 39,565.8 74.3
5,184.4 1,246.6 446.8 128.1 28.9 3,334.1 80.8
5,256.9 1,385.8 496.2 136.0 29.4 3,209.5 80.7
4,911.4 1,431.4 503.4 137.6 27.4 2,811.7 80.2
5,150.4 1,579.0 536.6 144.2 27.0 2,863.7 80.1
5,469.5 1,774.5 581.6 153.2 26.7 2,933.4 80.3
Figures exclude on-us transactions. 2 Data have been revised from previous editions to reflect a change in reporting methodology. 3 Bill payments initiated at ATMs, bank tellers, over the telephone or internet, AFT credits and EDI. 4 AFT debits and payments and refunds for goods and services initiated online. 5 POS debits and refunds. 6 Point of service disbursement of currency on shared networks.
64
Canada
Table 12

(end of year) 2007 14 14 34 34 18 14 66 62 2008 14 14 34 33 21 18 69 65 2009 15 15 36 36 25 20 76 71 2010 16 16 37 37 34 27 87 80 2011 16 16 37 37 33 31 86 84
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
65
Canada
Table 14

(end of year) 2007 TSX Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants MX Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other NGX Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants Number of foreign participants ICE Total number of participants
1
2008 122 nav nav nav nav 122 nav nav nav nav nap
123 nav nav nav nav 123 nav nav nav nav nap
67 nav nav nav nav 37 nav nav nav nav 30 nav nav nav nav
nav
nav
nav
nav
nav
66
Canada
Table 14 (cont) 2007 CNSX Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants Alpha Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants Number of foreign participants
1
Data include statistics from The Toronto Stock Exchange (TSX) and the TSX Venture Exchange. 2 The Canadian National Stock Exchange (CNSX), formerly the Canadian Trading and Quotation System Inc. (CNQ), was recognised as a stock exchange by the Ontario Securities Commission in May 2004. CNSX also operates an alternative trading system in Canada called Pure Trading. Pure Trading is excluded from the CNSX statistics. 3 Alpha ATS is a Canadian alternative trading system for equities listed in the Canadian capital markets. It commenced operations on 7 November 2008.
67
Canada
Table 15

(end of year) 2007 TSX Total number of listed securities debt securities bonds equity other MX Total number of listed securities NGX Total number of listed securities ICE Total number of listed securities CNSX Total number of listed securities debt securities bonds equity other Alpha Total number of listed securities
1
2008 4,176 163 163 3,884 129
2009 4,018 178 178 3,694 146
2010 4,088 196 196 3,756 136
2011 4,237 206 206 3,938 93
4,114 163 163 3,839 112
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
104 18 18 86 nap
106 18 18 88 nap
126 18 18 108 nap
145 18 18 127 nap
162 18 18 141 3
nap
nav
nav
nav
nav
Data include statistics from The Toronto Stock Exchange (TSX) and the TSX Venture Exchange - including data for issuers on NEX, a board established for issuers that have fallen below TSX Ventures listing standards (164 at end-2006, 162 at end-2007, 181 at end-2008, 197 at end-2009 and 181 at end-2010). Data have been revised from previous editions. 2 The Canadian National Stock Exchange (CNSX), formerly the Canadian Trading and Quotation System Inc. (CNQ), was recognised as a stock exchange by the Ontario Securities Commission in May 2004. CNSX also operates an alternative trading system in Canada called Pure Trading. Pure Trading is excluded from the CNSX statistics.
68
Canada
Table 16

(CAD billions, end of year) 2007 TSX Total market capitalisation/equity MX Total market capitalisation/equity NGX Total market capitalisation/equity ICE Total market capitalisation/equity CNSX Total market capitalisation/equity Alpha Total market capitalisation/equity
1
2008 1,256.0
2009 1,758.0
2010 2,156.8
2011 1,947.1
2,158.1
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nap
nav
nav
0.6
0.7
1.1
nap
nav
nav
nav
nav
Data include statistics from The Toronto Stock Exchange (TSX) and the TSX Venture Exchange. Data have been revised from previous editions to reflect a change in methodology. 2 The Canadian National Stock Exchange (CNSX), formerly the Canadian Trading and Quotation System Inc. (CNQ), was recognised as a stock exchange by the Ontario Securities Commission in May 2004. CNSX also operates an alternative trading system in Canada called Pure Trading. Pure Trading is excluded from the CNSX statistics.
69
Canada
Table 17

(thousands, total for the year) 2007 TSX Total number of executed securities trades debt securities bonds equity other Total number of executed derivatives trades MX Total number of executed securities trades Total number of executed derivatives trades financial futures financial options NGX Total number of executed securities trades Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options ICE Total number of executed securities trades Total number of executed derivatives trades commodity futures commodity options CNSX Total number of executed securities trades debt securities bonds equity other Total number of executed derivatives trades Alpha Total number of executed securities trades debt securities short-term paper bonds equity Total number of executed derivatives trades
1
2008 188,814.1 127.6 127.6 188,501.5 185.0 nap
2009 196,657.2 162.2 162.2 196,259.7 235.3 nap
2010 198,344.6 223.3 223.3 197,802.1 319.2 nap
2011 223,273.5 215.6 215.6 222,801.0 256.9 nap
1, 2
127,253.3 149.2 149.2 126,885.2 218.9 nap
nap 42,742.2 28,495.6 14,246.6
nap 38,063.7 22,044.9 16,018.9
nap 34,753.1 17,150.7 17,602.4
nap 44,296.9 24,175.9 20,121.0
nap 61,775.0 32,942.6 28,832.5
nap 236.3 nap nap nap nap nap
nap 3,452.2 3,430.3 21.8
nap 3,321.2 3,300.0 21.2
nap 3,569.3 3,483.3 86.1
nap 4,304.4 4,204.2 100.2
nap 4,754.5 4,653.6 100.9
32.1 0.3 0.3 31.9 0 nap
19.9 0.4 0.4 19.4 0 nap
16.5 0.3 0.3 16.2 0 nap
34.2 0.2 0.2 34.0 0 nap
45.2 0.1 0.1 44.9 0.3 nap
nap nap nap nap nap nap
165.2 0 nav nav 165.2 nap
18,586.7 32.2 nav nav 18,554.5 nap
67,513.4 64.5 nav nav 67,448.9 nap
73,831.8 108.7 nav nav 73,723.1 nap
Data include statistics from The Toronto Stock Exchange (TSX) and the TSX Venture Exchange. 2 Data have been revised from previous editions. 3 The Canadian National Stock Exchange (CNSX), formerly the Canadian Trading and Quotation System Inc. (CNQ), was recognised as a stock exchange by the Ontario Securities Commission in May 2004. CNSX also operates an alternative trading system in Canada called Pure Trading. Pure Trading is excluded from the CNSX statistics. 4 Alpha ATS is a Canadian alternative trading system for equities listed in the Canadian capital markets. It commenced operations on 7 November 2008.
70
Canada
Table 18

(CAD billions, total for the year) 2007 TSX Total value of executed securities trades debt securities bonds equity other Total value of executed derivatives trades MX Total value of executed securities trades Total value of executed derivatives trades financial futures financial options NGX Total value of executed securities trades Total value of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options ICE Total value of executed securities trades Total value of executed derivatives trades commodity futures commodity options CNSX Total value of executed securities trades debt securities bonds equity other Total value of executed derivatives trades Alpha Total value of executed securities trades debt securities short-term paper bonds equity Total value of executed derivatives trades
1
2008 1,877.00 3.29 3.29 1,872.65 1.06 nap
2009 1,414.48 5.31 5.31 1,408.31 0.85 nap
2010 1,425.11 5.85 5.85 1,418.14 1.12 nap
2011 1,522.72 6.24 6.24 1,515.50 0.99 nap
1,742.17 5.09 5.09 1,735.60 1.48 nap
nap 17,645.82 16,787.23 858.59
nap 11,753.57 11,385.02 368.54
nap 9,050.13 8,707.89 342.24
nap 15,405.72 14,910.34 495.38
nap 23,033.32 22,286.28 747.04
nap 27.22 27.21 0.01
nap 36.41 36.40 0.01
nap 29.32 29.30 0.02
nap 37.85 37.83 0.02
nap 52.28 52.25 0.03
0.23 0.00 0.00 0.22 0 nap
0.13 0.01 0.01 0.12 0 nap
0.06 0.01 0.01 0.05 0 nap
0.14 0.01 0.01 0.14 0 nap
0.18 0.00 0.00 0.16 0.01 nap
3.02 0 nav nav 3.02 nap
186.24 5.67 nav nav 180.56 nap
409.08 0.55 nav nav 408.53 nap
407.55 1.17 nav nav 406.38 nap
Data include statistics from The Toronto Stock Exchange (TSX) and the TSX Venture Exchange. Data have been revised from previous editions. 2 The Canadian National Stock Exchange (CNSX), formerly the Canadian Trading and Quotation System Inc. (CNQ), was recognised as a stock exchange by the Ontario Securities Commission in May 2004. CNSX also operates an alternative trading system in Canada called Pure Trading. Pure Trading is excluded from the CNSX statistics. 3 Alpha ATS is a Canadian alternative trading system for equities listed in the Canadian capital markets. It commenced operations on 7 November 2008.
71
Canada
Table 19

(end of year) 2007 CDCC Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members NGX Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members Number of foreign clearing members ICE Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members1 central bank central counterparties (CCPs) banks other Number of foreign clearing members
1
2008 34 nap nap 1 33 34 nap nap 1 33 nap
34 nap nap 1 33 34 nap nap 1 33 nap
All ICE members are Canadian corporations with offices in Canada, though some may be wholly owned subsidiaries of foreign corporations.
72
Canada
Table 20

(thousands, total for the year) 2007 CDCC Total number of contracts and transactions 1 cleared Number of securities transactions cleared debt securities bonds equity other of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared financial futures financial options Number of OTC derivatives contracts cleared financial options NGX Total number of contracts and transactions cleared Number of securities transactions cleared Number of exchange-traded derivatives contracts cleared commodity futures commodity options other commodity derivatives Number of OTC derivatives contracts cleared commodity futures commodity options other commodity derivatives
2008
2009
2010
2011
92,372.00 6,750.00 5,218.00 5,218.00 nap 1,532.00
94,578.00 18,248.00 16,624.00 16,624.00 nap 1,624.00
80,622.00 12,776.00 10,998.00 10,998.00 nap 1,778.00
90,618.00 125,826.00 9,862.00 8,000.00 8,000.00 nap 1,862.00 12,294.00 10,002.00 10,002.00 nap 2,292.00
nap
nap
nap
nap
nap
85,594.00 56,992.00 28,602.00 28.00 28.00
76,130.00 44,092.00 32,038.00 200.00 200.00
67,560.00 33,074.00 34,486.00 286.00 286.00
80,584.00 112,818.00 43,434.00 61,138.00 37,150.00 51,680.00 172.00 172.00 714.00 714.00
476.75 nap
675.85 nap
625.15 nap
706.58 nap
781.38 nap
472.62 nav nav 472.62 4.12 nav nav 4.12
666.61 nav nav 666.61 9.24 nav nav 9.24
608.18 nav nav 608.18 16.97 nav nav 16.97
691.63 nav nav 691.63 14.95 nav nav 14.95
770.54 nav nav 770.54 10.84 nav nav 10.84
73
Canada
Table 20 (cont) 2007 ICE Total number of contracts and transactions cleared Number of securities transactions cleared Number of exchange-traded derivatives contracts cleared commodity futures commodity options Number of OTC derivatives contracts cleared
1
2008
2009
2010
2011
3,467.40 nap
3,332.20 nap
3,594.80 nap
4,349.20 nap
4,777.80 nap
3,467.40 3,436.70 30.70 nap
3,332.20 3,303.60 28.60 nap
3,594.80 3,486.20 108.60 nap
4,349.20 4,206.30 142.90 nap
4,777.80 4,654.80 123.00 nap
74
Canada
Table 21

(CAD billions, total for the year) 2007 CDCC Total value of contracts and transactions cleared Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared financial futures financial options Value of OTC derivatives contracts cleared financial options NGX Total value of contracts and transactions cleared Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared commodity futures commodity options other commodity derivatives Value of OTC derivatives contracts cleared commodity futures commodity options other commodity derivatives
2 1
2008 nav nav
2009 nav nav
2010 nav nav
2011 nav nav
nav nav
nav nav 6.40 nav 0.01
140.86 nap
194.94 nap
97.04 nap
114.31 nap
89.14 nap
130.32 nav nav 130.32 10.54 nav nav 10.54
163.91 nav nav 163.91 31.03 nav nav 31.03
74.27 nav nav 74.27 22.77 nav nav 22.77
89.18 nav nav 89.18 25.13 nav nav 25.13
66.36 nav nav 66.36 22.77 nav nav 22.77
75
Canada
Table 21 (cont) 2007 ICE Total value of contracts and transactions cleared Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared commodity futures commodity options Value of OTC derivatives contracts cleared
1
2008 36.52 nap
2009 29.53 nap
2010 38.24 nap
2011 52.55 nap
27.32 nap
27.32 27.25 0.07 nap
36.52 36.43 0.09 nap
29.53 29.32 0.21 nap
38.24 37.85 0.39 nap
52.55 52.27 0.28 nap
Dollar values for NGX are calculated using a weighted average price.
76
Canada
Table 22

(end of year) 2007 CDS Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other
1
2008 98 1 1 3 11 82 94 1 1 0 11 81 4 0 0 3 0 1
2009 97 1 2 3 11 80 93 1 2 0 11 79 4 0 0 3 0 1
2010 96 1 2 3 11 79 92 1 2 0 11 78 4 0 0 3 0 1
2011 98 1 2 3 11 81 94 1 2 0 11 80 4 0 0 3 0 1
103 1 1 2 11 88 100 1 1 0 11 87 3 0 0 2 0 1
CDS also offers central counterparty services through its Continuous Net Settlement (CNS) and FINet functions.
Table 23

(thousands, end of year) 2007 CDS Total number of securities held debt securities short-term paper bonds equity 77.98 36.92 nav nav 41.06 2008 77.44 35.70 nav nav 41.74 2009 76.37 34.08 nav nav 42.29 2010 77.49 34.92 nav nav 42.57 2011 78.25 35.44 nav nav 42.80
77
Canada
Table 24

(CAD billions, end of year) 2007 CDS Total value of securities held debt securities short-term paper bonds equity 3,343.6 1,806.9 nav nav 1,536.7 2008 2,918.8 1,952.0 nav nav 966.8 2009 3,389.1 1,988.7 nav nav 1,400.4 2010 3,843.2 2,127.8 nav nav 1,715.3 2011 3,915.6 2,348.9 nav nav 1,566.7
Table 25

(thousands, total for the year) 2007 CDS1 Total number of delivery instructions DVP debt securities short-term paper bonds equity other
1
2008 207,085.2 207,085.2 3,469.5 nav nav 203,615.7 nav
2009 258,603.9 258,603.9 3,695.7 nav nav 254,908.2 nav
2010 337,127.0 337,127.0 4,073.1 nav nav 333,053.9 nav
2011 418,535.0 418,535.0 4,444.3 nav nav 414,090.6 nav
138,641.1 138,641.1 3,445.6 nav nav 135,195.6 nav
Table 26

(CAD billions, total for the year) 2007 CDS Total value of delivery instructions DVP debt securities short-term paper bonds equity other
1
2008 61,391.4 61,391.4 56,659.9 nav nav 4,731.5 nav
2009 67,227.4 67,227.4 63,476.4 nav nav 3,751.0 nav
2010 72,131.4 72,131.4 67,235.6 nav nav 4,895.8 nav
2011 91,069.1 91,069.1 85,541.8 nav nav 5,527.3 nav
1, 2
61,510.3 61,510.3 56,959.0 nav nav 4,551.3 nav
Data have been revised from previous editions. 2 Where transactions were denominated in US dollars, the average annual exchange rate was used in converting to Canadian dollars.
78
China
Table 1

2007 1,317.9 25,730.6 19,524 4.8 7.3046 7.3676 2008 1,324.7 31,404.5 23,708 5.9 6.8346 6.8424 2009 1,331.4 33,535.3 25,188 -0.7 6.8282 6.8279 2010 1,337.2 39,198.3 29,313 3.3 6.6230 6.7700 2011 1,343.5 47,156.4 35,099 5.4 6.3009 6.4614
Population (millions) GDP (CNY billions) GDP per capita (CNY) 1 Consumer price inflation (%) Exchange rate (CNY/USD): end of year average
1
Yearly average.
Table 2

(CNY billions, end of year) 2007 3,033.4 12,218.5 15,251.9 nav nav 2008 3,421.9 13,199.8 16,621.7 nav nav 2009 3,824.6 18,175.6 22,000.2 nav nav 2010 4,462.8 22,199.3 26,662.2 nav nav 2011 5,074.8 23,909.9 28,984.8 nav nav
Notes and coin in circulation outside banks Value of transferable deposits1 Narrow money supply (M1)2 Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages
1
Demand deposits.
Notes and coin in circulation plus sight and other transactions deposits.
79
China
Table 3

(CNY billions, average for December) 2007 6,790.7 nav nav nav 2008 9,101.9 nav nav nav 2009 10,126.7 nav nav nav 2010 13,281.7 nav nav nav 2011 16,790.2 nav nav nav
1
nav nav nav
nav nav nav
nav nav nav
nav nav nav
nav nav nav
Deposits with the central bank.
Table 4
Banknotes and coin

(CNY billions, end of year) 2007 3,283.73 3,248.00 2,901.42 114.83 46.44 98.20 46.06 4.03 26.08 5.31 2.22 2.78 0.16 0.18 0.29 35.73 21.96 7.23 4.97 0.66 0.58 0.33 250.33 3,033.40 2008 3,698.05 3,656.80 3,267.92 125.50 55.11 110.78 51.94 3.96 29.70 6.05 2.18 3.02 0.16 0.18 0.29 41.25 25.34 8.49 5.84 0.66 0.58 0.33 276.15 3,421.90 2009 4,141.95 4,096.13 3,666.26 143.82 63.03 118.92 53.97 3.93 32.89 6.86 2.15 3.68 0.16 0.18 0.29 45.82 28.36 9.55 6.33 0.67 0.58 0.34 317.35 3,824.60 2010 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 4,462.82 2011 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 5,074.8
Total banknotes and coin issued Total banknotes issued CNY 100 CNY 50 CNY 20 CNY 10 CNY 5 CNY 2 CNY 1 CNY 0.5 CNY 0.2 CNY 0.1 CNY 0.05 CNY 0.02 CNY 0.01 Total coin issued CNY 1 CNY 0.50 CNY 0.10 CNY 0.05 CNY 0.02 CNY 0.01 Banknotes and coin held by banks Banknotes and coin in circulation outside banks
80
China
Table 5

(end of year) 2007 Central bank 1 Number of branches or offices Number of accounts, all Value of accounts Banks Number of institutions Number of branches or offices Number of accounts Value of accounts Branches of foreign banks Number of institutions Number of branches or offices Value of accounts 2,110 nav nav 2008 2,110 nav nav 2009 2,110 nav nav 2010 2,111 nav nav 2011 2,111 nav nav
8,876 189,921 nav nav 117 274 nav
5,634 193,351 nav nav 116 311 nav
3,858 192,971 nav nav 95 338 nav
3,769 nav nav nav nav nav nav
3,800 nav nav nav nav nav nav
Institutions offering payment services to non-banks (total) Number of institutions 8,877 Number of branches or offices 192,031 Number of accounts held by non-banks nav Value of accounts held by non-banks nav Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
5,635 195,461 nav nav
3,859 195,081 nav nav
3,770 nav nav nav
3,801 nav nav nav
nav nav
nav nav
nav nav
nav nav
nav nav
Includes Shanghai head office, regional branches and operations offices, sub-branches and operations offices, sub-branches in provincial capital cities, sub-branches in quasi province-level cities and county-level sub-branches.
81
China
Table 6

(thousands, end of year) 2007 Cards issued in the country Cards with a cash function1 2 Cards with a debit function
Cards with a delayed debit function
2008
2009
2010
2011
Cards with a credit function Cards with an e-money function Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs4 ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals
1
1,498,600.0 1,800,389.0 2,065,944.0 2,415,309.0 2,949,049.8 1,408,337.0 1,658,060.0 1,880,388.0 2,185,656.0 2,663,590.8 nap nap nap nap nap 90,263.0 142,329.0 185,556.0 229,653.0 285,458.9 nap nap nap nap nap
1,498,600.0 1,800,389.0 2,065,944.0 2,415,309.0 2,949,049.8 nap nap nap nap nap
nav
nav
nav
nav
nav
127.6 127.6 127.6 1,181.2 nap nap
167.5 167.5 167.5 1,845.1 nap nap
214.9 214.9 214.9 2,273.4 nap nap
271.1 271.1 271.1 3,334.0 nap nap
333.8 333.8 333.8 4,826.5 nap nap
All bank cards issued by banking financial institutions have a cash function. 2 Bank cards issued by banking financial institutions with functions of transfer clearing and access to cash. 3 Bank cards issued by banking financial institutions with functions of consumer credit, transfer clearing and access to cash. Includes quasi-credit cards. 4 All ATMs have both a withdrawal function and a credit transfer function.
82
China
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions Cheques Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions ATM cash withdrawals ATM cash deposits POS payment transactions E-money card loading/unloading transactions E-money card payment transactions 687.25 nav nav nav 1,741.13 nav nap nav nap 977.74 nav 2008 740.27 nav nav nav 2,645.33 nav nap nav nap 882.27 nav 2009 818.20 nav nav nav 3,491.24 nav nap nav nap 875.55 nav 2010 1,022.04 nav nav nav 4,849.42 nav nap nav nap 896.52 nav 2011 1,172.63 nav nav nav 6,413.01 nav nap nav nap 846.66 nav
3,406.12 nav
4,267.88 nav
5,184.99 nav
6,767.98 nav
8,432.29 nav
nav
nav
nav
nav
nav
4,072.03 4,072.03 nav 1,741.13 nap nap
5,174.55 5,174.55 nav 2,645.33 nap nap
6,357.79 6,357.79 nav 3,491.24 nap nap
8,358.72 8,358.72 nav 4,849.42 nap nap
10,312.71 10,312.71 nav 6,413.01 nap nap
83
China
Table 8
(CNY billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions Cheques
Other payment instruments
2008 246,799 nav nav nav 3,947 nav nap nav nap 251,353 nav
235,591 nav nav nav 2,994 nav nap nav nap 236,431 nav
Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions ATM cash withdrawals ATM cash deposits POS payment transactions E-money card loading/unloading transactions E-money card payment transactions
475,016 nav
502,100 nav
547,086 nav
657,668 nav
788,255 nav
nav
nav
nav
nav
nav
3,764 3,764 nav 2,994 nap nap
5,269 5,269 nav 3,947 nap nap
6,722 6,722 nav 6,861 nap nap
9,187 9,187 nav 10,430 nap nap
12,352 12,352 nav 21,112 nap nap
84
China
Table 9

(end of year) 2007 Large-value payment systems HVPS Number of participants Direct participants Banks Central bank Other direct participants General government 1 Postal institution Clearing and settlement organisations Other financial institutions 2 Other Indirect participants Retail payment systems BEPS Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants
1
2008
2009
2010
2011
70,589 1,494 757 677 60 0 0 7 44 9 69,095
80,516 1,584 835 678 71 0 0 12 50 9 78,932
89,028 1,664 909 678 77 0 0 14 53 10 87,364
99,022 1,724 979 678 67 0 0 16 40 11 97,298
109,597 1,747 1,028 677 42 0 0 10 32 0 107,850
70,444 1,492 757 677 58 0 0 7 42 9 68,952

2
80,371 1,582 835 678 69 0 0 12 48 9 78,789
88,882 1,661 909 678 74 0 0 14 50 10 87,221
99,004 1,723 979 678 66 0 0 16 39 11 97,281
109,509 1,754 1,028 677 49 0 0 1 32 16 107,755
Postal institution is not considered as a bank before 2007.
Including urban credit cooperatives and rural credit cooperatives.
85
China
Table 10

(millions, total for the year) 2007 Large-value and retail payment systems HVPS Total transactions sent Concentration ratio in terms of volume (%) Retail payment systems BEPS Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of volume (%) 2008 2009 2010 2011
171.88 61.7
214.07 62.0
248.02 61.0
291.22 58.0
372.12 57.5
87.20 nav nav nav nav nav nav nav 66.4
Table 11

(CNY billions, total for the year) 2007 Large-value and retail payment systems HVPS Total transactions sent Concentration ratio in terms of value (%) Retail payment systems BEPS Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of value (%) 2008 2009 2010 2011
532,906 54.9
640,232 46.2
803,948 46.9
1,104,368 42.5
1,355,281 40.6
21,988 nav nav nav nav nav nav nav 98.6
86
China
Table 12

(end of year) 2007 40 40 106 103 73 72 219 215 2008 40 40 114 112 85 84 239 236 2009 40 40 112 109 97 94 249 243 2010 40 40 115 111 113 108 268 259 2011 45 45 122 120 119 116 286 281
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
87
China
Table 14

(end of year) 2007 Shanghai Stock Exchange Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants Shenzhen Stock Exchange Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants1
1
2008 193 0 0 0 193 193 0 0 0 193 0
2009 193 0 0 0 193 193 0 0 0 193 0
2010 194 0 0 0 194 194 0 0 0 194 0
2011 222 0 0 0 222 222 0 0 0 222 0
225 0 0 0 225 225 0 0 0 225 0
123 nav nav nav nav 123 nav nav nav nav 0
In China, foreign participants are requested to submit orders to the trading system through domestic agents instead of submitting directly by themselves. Therefore, the number of foreign participants is counted as 0.
88
China
Table 15

(end of year) 2007 Shanghai Stock Exchange Total number of listed securities debt securities bonds equity other1 Shenzhen Stock Exchange Total number of listed securities debt securities bonds equity other1
1
2008 1,184 246 246 924 14
2009 1,351 411 411 932 8
2010 1,500 536 536 938 26
2011 1,691 680 680 975 36
1,125 198 198 921 6
840 101 101 732 7
937 131 131 803 3
1,128 237 237 890 1
1,590 286 286 1,211 93
1,938 334 334 1,453 151
Includes ETFs, funds and warrants.
Table 16

(CNY billions, end of year) 2007 Shanghai Stock Exchange Total market capitalisation/equity Shenzhen Stock Exchange Total market capitalisation/equity 26,983.9 2008 9,725.2 2009 18,465.5 2010 17,900.7 2011 14,837.6
5,745.2
2,428.9
5,944.9
8,641.5
6,638.2
89
China
Table 17

(thousands, total for the year) 2007 Shanghai Stock Exchange Total number of executed securities trades debt securities bonds equity 1 other Total number of executed derivatives trades Shenzhen Stock Exchange Total number of executed securities trades debt securities bonds equity other1 Total number of executed derivatives trades
1
2008
2009
2010
2011
1,813,562.0 1,520,482.7 2,314,014.1 1,726,153.0 1,311,004.7 1,432.9 3,159.6 3,171.9 4,416.0 21,540.2 1,432.9 3,159.6 3,171.9 4,416.0 21,540.2 1,639,560.7 1,295,195.1 2,157,440.7 1,661,490.0 1,273,276.4 172,568.4 222,128.0 153,401.5 60,247.0 16,188.0 0 0 0 0 0
956,039.0 301.2 301.2 840,257.9 115,479.9 0
713,755.1 1,288,424.7 1,344,953.0 1,047,029.0 644.5 883.3 795.0 5,868.0 644.5 883.3 795.0 5,868.0 658,047.5 1,256,006.6 1,329,289.0 1,030,327.0 55,063.1 31,534.8 14,869.0 10,834.0 0 0 0 0
Table 18

(CNY billions, total for the year) 2007 Shanghai Stock Exchange Total value of executed securities trades debt securities bonds equity other1 Total value of executed derivatives trades Shenzhen Stock Exchange Total value of executed securities trades debt securities bonds equity other1 Total value of executed derivatives trades
1
2008 27,184.20 2,809.06 2,809.06 18,413.02 5,962.12 0
2009 44,187.47 3,980.63 3,980.63 35,306.10 4,900.74 0
2010 39,840.00 7,491.00 7,491.00 30,431.00 1,918.00 0
2011 45,465.16 21,071.49 21,071.49 23,756.05 637.62 0
38,002.56 2,039.94 2,039.94 30,973.25 4,989.37 0
18,764.56 26.78 26.78 15,512.19 3,225.58 0
9,938.84 51.09 51.09 8,668.27 1,219.49 0
19,873.38 82.87 82.87 18,947.49 843.03 0
24,742.00 129.00 129.00 24,132.00 481.00 0
19,318.00 563.00 563.00 18,409.00 346.00 0
90
China
Table 19

(end of year) 2007 SD&C Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members1 central bank central counterparties (CCPs) banks other
1
2008 262 nav nav 21 nav 198 nav nav 16 nav 64 nav nav 5 nav
273 nav nav 21 nav 209 nav nav 16 nav 64 nav nav 5 nav
Foreign clearing members only participate in SD&Cs clearing services for the B share market. For the B share market, foreign entities such as brokers or banks conduct trading activities via domestic brokers as their agents, therefore they are not regarded as direct trading members of the stock exchanges. However, these foreign entities settle their trades directly with SD&C according to the relevant business rules of SD&C.
91
China
Table 20

(millions, total for the year) 2007 SD&C Total number of contracts and transactions cleared Number of securities transactions cleared debt securities equity other of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared 2008 2009 2010 2011
2,846.30 2,846.30 nav 2,845.93 nav
2,247.73 2,247.73 nav 2,247.14 nav
3,659.13 3,659.13 nav 3,658.14 nav
3,106.00 3,106.00 nav 3,103.00 nav
nav nav nav nav nav
nap
nap
nap
nap
nap
nap nap
nap nap
nap nap
nap nap
nap nap
Table 21

(CNY billions, total for the year) 2007 SD&C Total value of contracts and transactions cleared Value of securities transactions cleared debt securities equity other of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared 57,100.7 57,100.7 nav 55,266.2 nav 2008 37,411.6 37,411.6 nav 34,984.7 nav 2009 63,878.5 63,878.5 nav 60,331.0 nav 2010 63,937.7 63,937.7 nav 57,349.9 nav 2011 nav nav nav nav nav
nap
nap
nap
nap
nap
nap nap
nap nap
nap nap
nap nap
nap nap
92
China
Table 22

(end of year) 2007 SD&C Total number of participants CDC Depository and Settlement System Total number of participants1 central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants Number of foreign participants
1
2008 nap
2009 nap
2010 nap
2011 nap
nap
7,080 nav nav nav nav nav nav nav
According to the definition of direct participants in the Red Book, the system of SD&C is a non-tiered system. SD&C operates all the accounts of (private) customers directly on behalf of securities companies and custodian banks. Securities companies and custodian banks do not operate their customers accounts in SD&Cs system. They are therefore not regarded as depository participants as other tiered systems often are.
93
China
Table 23

(thousands, end of year) 2007 SD&C Total number of securities held debt securities equity other CDC Depository and Settlement System Total number of securities held debt securities short-term paper bonds other 1.850 nav nav nav 2008 1.940 nav nav nav 2009 2.240 nav nav nav 2010 2.776 nav nav nav 2011 3.304 nav nav nav
0.936 0.933 0.256 0.677 0.003
1.123 1.120 0.259 0.861 0.003
1.436 1.432 0.259 1.173 0.004
2.340 2.336 1.716 0.620 0.004
2.941 2.937 2.254 0.683 0.004
Table 24

(CNY billions, end of year) 2007 SD&C Total value of securities held debt securities equity other CDC Depository and Settlement System Total value of securities held 1 debt securities equity other
1
2008 12,535.8 nav nav nav
2009 25,213.4 nav nav nav
2010 27,718.6 nav nav nav
2011 22,530.7 nav nav nav
33,323.6 nav nav nav
Total value of securities equals the total number of securities multiplied by the market price of the relevant securities at the end of the year.
94
China
Table 25

(millions, total for the year) 2007 SD&C Total number of delivery instructions DVP free of payment CDC Depository and Settlement System Total number of delivery instructions DVP free of payment 4,985.4 nav nav 2008 3,916.5 nav nav 2009 7,069.6 nav nav 2010 6,145.9 nav nav 2011 4,769.7 nav nav
141.5 nav nav
212.1 nav nav
271.6 nav nav
438.9 nav nav
515.7 nav nav
Table 26

(CNY billions, total for the year) 2007 SD&C Total value of delivery instructions DVP free of payment CDC Depository and Settlement System Total value of delivery instructions DVP free of payment 98,501.1 nav nav 2008 64,452.3 nav nav 2009 131,996.9 nav nav 2010 141,933.2 nav nav 2011 168,412.0 nav nav
16,595.2 nav nav
40,830.0 nav nav
48,874.5 nav nav
67,691.4 nav nav
67,761.3 nav nav
95
China
96
Euro area
Table 1

2007 326,130 9,014.1 27,640 2.1 0.6793 0.7308 2008 327,904 9,228.0 28,142 3.3 0.7185 0.6835 2009 329,064 8,917.1 27,098 0.3 0.6942 0.7190 2010 330,045 9,147.4 27,716 1.6 0.7484 0.7559 2011 331,047 9,402.7 28,403 2.7 0.7729 0.7192
Population (thousands) GDP (EUR billions) GDP per capita (EUR) 1, 2 Consumer price inflation (%) Exchange rate (EUR/USD): end of year average
For the period under review, euro area member countries are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; Slovenia became a member on 1 January 2007; Cyprus and Malta became members on 1 January 2008; Slovakia became a member on 1 January 2009.
1
Yearly average. 2 Harmonised index (HICP), annual percentage changes. Source: ECB. Data as of Wednesday 19 September 2012.
Table 2
Settlement media used by non-MFIs

(EUR billions, end of year) 2007 638.6 3,433.5 3,901.3 2008 722.7 3,546.1 4,035.7 2009 769.9 4,049.8 4,556.2 2010 808.6 4,220.6 4,750.8 2011 857.5 4,271.5 4,856.5
Notes and coin in circulation outside MFIs Value of overnight deposits held by non-MFIs1 Narrow money supply (M1)2 Memo: Overnight deposits in foreign currencies held by non-MFIs Outstanding value on e-money storages issued on card-based products on software- or network-based products
1
218.8 0.687 0.679 0.008
229.4 1.180 0.689 0.491
226.9 1.731 1.065 0.666
250.0 2.454 1.540 0.914
274.2 2.659 1.740 0.919
Held at Monetary Financial Institutions (MFIs), to the exclusion of other institutions offering payment services to non-MFIs. The counterpart sector non-MFIs includes the component sectors Central government and Rest of the world. The indicator is not synonymous with the same term used in the ECB concept of M1. 2 Cannot be calculated from the above two items in this table (see also footnote 1). Source: ECB. Data as of Wednesday 19 September 2012.
97
Euro area
Table 4
Banknotes and coin

(EUR millions, end of year) 2007 697,124.0 676,621.3 226,325.9 31,137.2 120,933.0 222,111.7 49,353.5 19,654.6 7,105.4 19,312.7 7,621.3 5,717.6 2,328.6 1,571.0 992.7 617.9 287.9 175.8 58,573.7 638,551.0 2008 784,661.9 762,774.8 265,032.2 34,019.2 138,101.5 245,586.8 52,358.3 20,298.7 7,378.1 20,404.1 8,066.8 6,015.1 2,417.6 1,667.1 1,059.7 668.8 315.6 193.4 61,915.9 722,746.0 2009 829,280.6 806,411.5 281,891.2 35,647.3 147,186.1 259,972.0 53,804.2 20,422.8 7,487.9 21,316.2 8,528.8 6,184.3 2,502.5 1,733.0 1,106.1 710.9 340.0 210.6 59,409.1 769,871.5 2010 863,719.0 839,702.3 287,925.9 36,121.5 155,106.7 277,508.0 55,036.2 20,392.7 7,611.4 22,271.0 9,042.9 6,345.2 2,571.5 1,804.2 1,156.6 755.9 366.0 228.8 55,156.9 808,562.0 2011 913,680.0 888,629.0 299,588.3 36,262.2 164,994.6 302,257.3 57,069.0 20,729.3 7,728.4 23,072.7 9,484.5 6,457.8 2,632.7 1,862.7 1,205.8 793.9 389.5 245.7 56,144.0 857,537.0
Total banknotes and coin issued Total banknotes issued EUR 500 EUR 200 EUR 100 EUR 50 EUR 20 EUR 10 EUR 5 Total coin issued EUR 2 EUR 1 EUR 0.50 EUR 0.20 EUR 0.10 EUR 0.05 EUR 0.02 EUR 0.01 Banknotes and coins held by MFIs Banknotes and coins in circulation outside MFIs
Source: ECB.
98
Euro area
Table 9

(end of year) 2007 Large-value payment systems TARGET 2 Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other 2 Indirect participants EURO1 / STEP1 Number of participants Direct participants Banks Central bank Other direct participants STEP2 XCT Service Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants STEP2 ICT Service Number of participants Direct participants Banks Central bank Other direct participants Indirect participants
3 1
2008
2009
2010
2011
4,751 1,055 972 23 60 6 3 25 21 8 3,696
4,568 941 857 19 65 7 2 33 17 8 3,627
4,554 989 888 25 76 8 2 41 17 10 3,565
4,508 1,054 952 26 76 8 2 42 16 10 3,454
4,478 1,100 997 26 77 8 nav 43 16 10 3,378
312 312 305 7 0
316 316 309 7 0
283 283 276 7 0
274 274 267 7 0
259 259 259 0 0
1,792 108 101 7 0 0 0 0 0 0 1,684
1,802 106 98 7 1 0 1 0 0 1 1,696
1,818 106 98 7 1 0 1 0 0 1 1,712
1,789 103 95 7 1 0 1 0 0 1 1,686
1,673 97 89 7 1 0 nav 0 0 1 1,576
57 9 9 0 0 48
65 8 8 0 0 57
78 7 7 0 0 71
76 6 6 0 0 70
73 6 6 0 0 67
99
Euro area
Table 9 (cont) 2007 STEP2 SCT Service Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants
4
2008 4,147 114 103 8 3 0 3 0 0 3 4,033
2009 4,472 117 107 7 3 0 3 0 0 3 4,355
2010 4,638 124 114 7 3 0 3 0 0 3 4,514
2011 4,669 123 113 7 3 0 nav 0 0 3 4,546
nav nav nav nav nav nav nav nav nav nav nav
1 ARTIS (Austria), ELLIPS (Belgium), KRONOS Euro (Denmark), BOF-RTGS (Finland), TBF (France), RTGSplus (Germany), HERMES (Greece), IRIS (Ireland), BI-REL (Italy), LIPS-GROSS (Luxembourg), TOP (Netherlands), SORBNET Euro (Poland), SPGT (Portugal), SLBE (Spain), E-RIX (Sweden), CHAPS Euro (United Kingdom) and EPM (European Union). From 2008, also includes TARGET2 systems. 2 Excludes indirect participants in CHAPS Euro, for which data are not available. 3 STEP2 ICT Service commenced settlement transactions in November 2006. Data are available from 2007 onwards. 4 STEP2 SCT Service became operational on 28 January 2008. Source: ECB.
100
Euro area
Table 10

(millions, total for the year) 2007 Large-value payment systems TARGET Total transactions sent1 Intra-member state Inter-member state Concentration ratio in terms of volume (%) EURO1 / STEP1 Total transactions sent Credit transfers Direct debits Other payment instruments Concentration ratio in terms of volume (%) STEP2 XCT Service Total transactions sent Credit transfers Concentration ratio in terms of volume (%) STEP2 ICT Service Total transactions sent Credit transfers Concentration ratio in terms of volume (%) STEP2 SCT Service3 Total transactions sent Credit transfers Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
99.08 78.27 20.81 21.4
89.02 65.12 23.90 nav
87.84 61.81 26.02 nav
87.18 58.77 28.41 nav
88.88 57.92 30.96 nav
54.35 54.24 0.02 0.09 30.5
64.19 64.09 0.02 0.08 29.8
58.29 58.21 0.02 0.06 30.7
59.37 59.29 0.02 0.06 30.1
62.32 62.24 0.03 0.05 30.5
91.31 91.31 27.0
73.17 73.17 29.5
54.24 54.24 34.9
46.48 46.48 36.8
32.783 32.783 43.4
220.5 220.5 91.9
265.18 265.18 96.2
286.90 286.90 99.3
301.60 301.60 99.9
308.00 308.00 99.9
nav nav nav
45.1 45.1 37.0
89.02 89.02 25.2
176.56 176.56 30.7
439.38 439.38 51.0
May not equal the sum of components as some countries figures have been reported as confidential. 2 STEP2 ICT Service commenced settlement transactions in November 2006. Data are available from 2007 onwards. 3 STEP2 SCT Service became operational on 28 January 2008. Source: ECB.
101
Euro area
Table 11

(EUR billions, total for the year) 2007 Large-value payment systems TARGET Total transactions sent1 Intra-member state Inter-member state Concentration ratio in terms of value (%) EURO1 / STEP1 Total transactions sent Credit transfers Direct debits Other payment instruments Concentration ratio in terms of value (%) STEP2 XCT Service Total transactions sent Credit transfers Concentration ratio in terms of value (%) STEP2 ICT Service Total transactions sent Credit transfers Concentration ratio in terms of volume (%) STEP2 SCT Service3 Total transactions sent Credit transfers Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
674,996.8 448,970.1 226,026.7 20.4
611,134.5 413,537.1 196,748.3 16.0
536,032.3 354,221.5 181,036.5 14.6
631,440.0 450,165.8 180,490.0 15.6
651,823.6 454,929.1 196,582.4 15.6
58,251.1 56,357.5 1,890.7 3.0 46.1
73,426.2 69,414.0 4,009.5 2.7 45.4
65,204.2 60,686.3 4,515.8 2.2 46.7
62,207.7 57,690.0 4,516.2 1.5 48.5
64,020.3 59,483.3 4,535.8 1.2 51.4
360.9 360.9 25.1
314.9 314.9 28.8
224.2 224.2 30.2
204.2 204.2 28.8
156.3 156.3 38.3
995.1 995.1 85.0
1,305.4 1,305.4 96.1
1,193.0 1,193.0 99.2
1,231.0 1,231.0 99.9
1,239.1 1,239.1 99.9
nav nav nav
294.8 294.8 29.6
518.4 518.4 22.5
948.5 948.5 27.3

2
1,579.7 1,579.7 29.0
May not equal the sum of components as some countries figures have been reported as confidential. STEP2 ICT Service commenced settlement transactions in November 2006. Data are available from 2007 onwards. 3 STEP2 SCT Service became operational on 28 January 2008. Source: ECB.
102
France
Table 1

2007 63,601 1,886.8 29,666 1.6 0.6793 0.7308 2008 63,962 1,933.2 30,224 3.2 0.7185 0.6835 2009 64,305 1,885.8 29,325 0.1 0.6942 0.7190 2010 64,824 1,937.3 29,885 1.7 0.7484 0.7559 2011 65,175 1,996.6 30,634 2.3 0.7729 0.7192
Population (thousands)1 GDP (EUR billions) GDP per capita (EUR) 1 Consumer price inflation (%) Exchange rate (EUR/USD): end of year average
1
Yearly average.
Table 2

(EUR billions, end of year) 2007 nap 457.86 nap 14.28 0.029 0.029 0 2008 nap 460.28 nap 15.57 0.032 0.032 0 2009 nap 501.59 nap 14.88 0.036 0.036 0
2
Notes and coin in circulation outside banks1 2 Value of transferable deposits 1 Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products on software- or network-based products
1
2010 nap 521.89 nap 16.42 0.040 0.040 0
2011 nap 585.16 nap 19.17 0.044 0.044 0
These figures are provided solely at an aggregated euro area level (see Euro area, Table 2). overseas territories.
Includes deposits in French
Table 3

Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks1 Memo: Credit extended by the central bank: intraday 2 overnight 3 longer-term refinancing operations 4
177.462 0.005 60.607
457.784 0.123 129.368
421.830 0.116 112.906
448.253 0.867 29.212
447.785 1.910 118.489
1 Value for the fourth quarter of the period. 2 Since 2005, in addition to intraday repos, amounts include autocollateralisation operations processed in the French SSS (RGV2 then ESES France as from November 2007). Furthermore, since February 2008, BDF has adopted a new collateral management system and moved from an earmarking system to a pooling system. 3 Marginal lending facility and fine-tuning operations. 4 Main refinancing operations and longer-term refinancing operations.
Table 4
Banknotes and coin1

1
103
France
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts (thousands) 1 Value of accounts (EUR billions) Memo: Number of accounts, banks (thousands)
2
2008 104 31 10.80 0.379
2009 96 30 20.20 0.396
2010 96 30 1.92 0.388
2011 96 29 9.41 0.376
104 31 0.98 0.692
Banks Number of institutions 808 728 Number of branches or offices 39,298 39,017 Number of accounts (thousands) 73,127 74,400 of which: number of internet/PC-linked accounts nav nav Value of accounts (EUR billions) 456.87 449.48 Credit institutions legally incorporated in the reporting country Number of institutions 753 672 Number of branches or offices 39,298 39,017 Value of accounts (EUR billions) 456.87 449.48 Branches of euro area-based credit institutions Number of institutions 37 39 Number of branches or offices nav nav Value of accounts nav nav Branches of EEA-based credit institutions (outside the euro area) Number of institutions 11 11 Number of branches or offices nav nav Value of accounts nav nav Branches of non-EEA based banks Number of institutions 7 6 Number of branches or offices nav nav Value of accounts nav nav Other institutions offering payment services to non-banks Number of institutions 1 Number of branches or offices nav Number of accounts (thousands) nav Value of accounts (EUR billions) 53.97 Institutions offering payment services to non-banks (total) Number of institutions 810 Number of branches or offices 39,402 Number of accounts held by non-banks (thousands) 73,158 of which: number of internet/PC-linked accounts nav Value of accounts held by non-banks (EUR billions) 511.83 Memo: Electronic money institutions Number of institutions4 Outstanding value on e-money storages issued by e-money institutions
1
712 38,238 75,748 nav 481.40 660 38,238 481.40 38 nav nav 10 nav nav 4 nav nav
1 nav nav 46.58
1 nav nav 48.43
1 nav nav 52.02
1 nav nav 52.67
730 39,121 74,431 nav 506.86
714 38,334 75,778 nav 550.03
688 38,823 76,875 nav 575.71
662 38,171 77,795 nav 603.96
2 29.00
2
2 32.00
2 36.00
3
2 40.00
4 44.00
Includes the overnight deposits of the central public administrations. counted in this category. 4 Includes credit institutions.
Excludes investment firms.
Only the Treasury is
104
France
Table 6

(thousands, end of year) 2007 Cards issued in the country Cards with a cash function1 Cards with a payment function Cards with a debit function Cards with a delayed debit function Cards with a credit function Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals 1 of which: EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals
1
2008 93,594.1 85,474.3 65,955.0 27,315.2 34,005.0 30,703.0 1,261.3
2009 95,144.7 86,954.5 70,771.2 30,863.5 34,506.3 30,745.4 1,540.5
2010 96,066.0 84,863.9 71,054.4 24,279.1 31,612.6 37,257.5 1,737.9
2011 92,739.4 83,005.3 69,091.4 22,300.3 27,562.1 33,089.4 1,916.6
91,754.8 82,432.0 64,392.3 27,556.9 32,719.8 26,729.6 1,070.6
99,512.5 26,310.5
102,782.5 30,026.4
103,837.0 30,298.3
101,283.8 31,857.6
99,253.8 31,261.8
nav
nav
nav
nav
nav
52.2 nav nav 1,242.6 1,242.6 147.6 122.2 147.6
53.3 nav nav 1,376.6 1,376.6 132.8 106.0 132.8
54.9 nav nav 1,391.7 1,391.7 127.8 101.2 127.8
56.2 nav nav 1,426.7 1,426.7 133.7 106.8 133.7
58.2 nav nav 1,443.7 1,443.7 124.7 96.0 124.7
Manual imprinters are no longer used.
105
France
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques 2 Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent 3 Memo: Cross-border transactions received3 2,614.12 nav nav 2,909.78 6,144.66 nav nav nav 26.44 26.44 nav 3,650.41 114.27 2008 2,697.30 nav nav 3,023.63 6,542.50 nav nav nav 32.17 32.17 nav 3,487.44 110.42 2009 2,789.45 nav nav 3,265.48 6,923.25 nav nav nav 36.04 36.04 nav 3,302.56 105.53 2010 2,989.65 nav nav 3,411.19 7,391.64 nav nav nav 41.09 41.09 nav 3,122.80 101.11 2011 2,977.54 nav nav 3,533.32 7,911.01 nav nav nav 46.50 46.50 nav 2,971.44 98.45
15,459.67 204.19
15,893.46 226.24
16,422.32 279.53
17,057.49 317.86
17,538.26 368.17
209.72
215.02
226.01
305.85
354.60
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 1,561.47 1,624.38 ATM cash withdrawals 1,561.47 1,624.38 ATM cash deposits nav nav POS payment transactions 6,169.83 6,538.10 E-money card loading/unloading transactions 2.88 3.69 E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions 7,512.79 7,956.04 ATM cash withdrawals 1,531.21 1,593.81 ATM cash deposits nav nav POS payment transactions 5,978.70 6,358.54 E-money card loading/unloading transactions 2.88 3.69 E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions 221.39 210.12 ATM cash withdrawals 30.26 30.57 ATM cash deposits nav nav POS payment transactions 191.13 179.55 E-money card loading/unloading transactions nap nap E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions 205.07 223.90 ATM cash withdrawals 39.11 39.94 ATM cash deposits nav nav POS payment transactions 165.96 183.96 E-money card loading/unloading transactions nap nap E-money card payment transactions nav nav
1 2
1,647.32 1,647.32 nav 6,887.84 4.47 nav 8,331.58 1,614.47 nav 6,712.64 4.47 nav 208.05 32.85 nav 175.20 nap nav 252.39 41.78 nav 210.61 nap nav
From 2005 to 2007, client (ie non-MFI) transactions only; from 2008, also includes transactions initiated by MFIs to non-MFIs. Usually bills of exchange. 3 From 2006, includes transactions processed in high-value payment systems.
106
France
Table 8
Indicators of the use of payment instruments and terminals: value of transactions

(EUR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques 2 Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent 3 Memo: Cross-border transactions received3 18,380.05 nav nav 1,020.70 310.61 nav nav nav 0.053 0.053 nav 2,174.30 478.56 2008 19,446.19 nav nav 1,054.18 331.81 nav nav nav 0.068 0.068 nav 2,069.31 472.46 2009 20,513.17 nav nav 1,069.33 339.59 nav nav nav 0.081 0.081 nav 1,834.46 396.25 2010 21,403.78 nav nav 1,128.13 363.20 nav nav nav 0.091 0.091 nav 1,828.39 374.84 2011 24,540.85 nav nav 1,325.14 393.59 nav nav nav 0.101 0.101 nav 1,787.53 377.21
22,364.26 6,498.35
23,374.01 5,794.31
24,152.88 5,899.99
25,098.43 5,719.01
28,424.43 6,911.94
5,335.75
6,557.99
6,120.82
7,091.15
6,928.98
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 112.16 120.24 ATM cash withdrawals 112.16 120.24 ATM cash deposits nav nav POS payment transactions 316.45 335.33 E-money card loading/unloading transactions 0.063 0.076 E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions 403.54 431.38 ATM cash withdrawals 106.78 114.84 ATM cash deposits nav nav POS payment transactions 296.70 316.46 E-money card loading/unloading transactions 0.063 0.076 E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions 25.13 24.27 ATM cash withdrawals 5.39 5.39 ATM cash deposits nav nav POS payment transactions 19.75 18.87 E-money card loading/unloading transactions nap nap E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions 18.56 20.04 ATM cash withdrawals 4.65 4.69 ATM cash deposits nav nav POS payment transactions 13.90 15.35 E-money card loading/unloading transactions nap nap E-money card payment transactions nav nav
1
126.15 126.15 nav 340.81 0.089 nav 444.71 120.86 nav 323.76 0.089 nav 22.35 5.29 nav 17.06 nap nav 20.75 4.92 nav 15.83 nap nav
2
From 2005 to 2007, client (ie non-MFI) transactions only; from 2008, also includes transactions initiated by MFIs to non-MFIs. Usually bills of exchange. 3 From 2006, includes transactions processed in high-value payment systems.
107
France
Table 9

(end of year) 2007 Large-value payment systems TARGET2-BDF Number of participants Direct participants Banks Central bank Other direct participants Postal institution Clearing and settlement organisations Other financial institutions 2 Indirect participants PNS Number of participants Direct participants Banks 2 Indirect participants Retail payment systems CORE3 Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Indirect participants2
1
2008
2009
2010
2011
118 88 82 1 5 0 1 4 30
277 65 58 1 6 0 2 4 212
293 83 76 1 6 0 2 4 210
306 83 77 1 5 0 2 3 223
308 89 83 1 5 0 2 3 219
50 16 16 34
nap nap nap nap
nap nap nap nap
nap nap nap nap
nap nap nap nap
564 12 10 1 1 0 0 0 1 552
424 12 10 1 1 0 0 0 1 412
423 11 9 1 1 0 0 0 1 412
421 11 9 1 1 0 0 0 1 410
402 10 8 1 1 0 0 0 1 392
Since 18 February 2008, TBF (the French component of TARGET) and PNS have been replaced by TARGET2-Banque de France, the single French large-value payment system. 2 Before 18 February 2008, branches of cooperative banks were registered as sub-accounts of their head institution and therefore not counted in the number of participants. Since February 2008, these banks have become indirect participants. Furthermore, some foreign institutions located outside the euro area have joined the system as indirect participants. 3 Launched on 28 January 2008, CORE progressively replaced the former retail payment infrastructure SIT, closed on 25 October 2008.
108
France
Table 10

(millions, total for the year) 2007 Large-value payment systems TARGET2-BDF Credit transfers sent credit transfers sent within TARGET component credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of volume (%) PNS Credit transfers sent national credit transfers Concentration ratio in terms of volume (%) Retail payment systems CORE2 Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments 3 Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
4.88 2.14 2.74
6.65 3.48 3.18
7.62 4.26 3.36
8.22 4.61 3.61
8.76 4.72 4.04
2.30 47.0
3.18 53.3
3.36 53.9
4.20 51.9
4.62 53.0
6.429 6.429 66.2
0.398 0.398 62.5
nap nap nap
nap nap nap
nap nap nap
12,303.25 1,872.64 2,131.73 4,627.30 629.16 nap 2,947.96 94.46 68.3
12,491.28 1,900.88 2,134.19 4,920.17 630.18 nap 2,815.01 90.86 69.2
12,737.70 1,926.98 2,204.91 5,258.69 628.12 nap 2,633.57 85.44 67.8
12,816.57 1,897.79 2,224.74 5,548.24 612.75 nap 2,452.89 80.16 80.1
13,177.62 1,940.01 2,292.42 5,903.15 622.48 nap 2,341.81 77.76 73.4
Since 18 February 2008, TBF (the French component of TARGET) and PNS have been replaced by TARGET2-Banque de France, the single French large-value payment system. 2 Launched on 28 January 2008, CORE progressively replaced the former retail payment infrastructure SIT, closed on 25 October 2008. 2008 figures correspond to the aggregation of transactions processed in SIT and CORE. 3 Promissory notes.
109
France
Table 11

(EUR billions, total for the year) 2007 Large-value payment systems TARGET2-BDF Credit transfers sent credit transfers sent within TARGET component credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of value (%) PNS Credit transfers sent national credit transfers Concentration ratio in terms of value (%) Retail payment systems CORE2 Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments 3 Concentration ratio in terms of value (%)
1
2008
2009
2010
2011
145,074.2 114,122.2 30,952.0
101,931.0 67,783.2 34,147.8
93,756.7 62,042.8 31,713.9
94,072.1 61,678.2 32,393.9
102,295.0 66,122.0 36,173.0
30,935.3 58.2
34,147.8 61.9
31,713.9 61.6
32,525.4 60.8
36,361.1 64.2
16,265.0 16,265.0 68.9
746.1 746.1 69.4
nap nap nap
nap nap nap
nap nap nap
5,176.6 2,015.6 730.1 220.2 35.6 nap 1,778.5 396.6 64.8
5,261.9 2,153.7 773.8 235.8 36.4 nap 1,672.4 389.9 67.3
5,004.9 2,169.1 774.9 245.1 36.5 nap 1,459.2 320.1 74.6
5,119.8 2,287.3 800.1 260.4 36.2 nap 1,442.2 293.6 80.6
5,373.1 2,479.0 876.6 278.9 37.2 nap 1,407.8 293.6 81.0
Since 18 February 2008, TBF (the French component of TARGET) and PNS have been replaced by TARGET2-Banque de France, the single French large-value payment system. 2 Launched on 28 January 2008, CORE progressively replaced the former retail payment infrastructure SIT, closed on 25 October 2008. 2008 figures correspond to the aggregation of transactions processed in SIT and CORE. 3 Promissory notes.
110
France
Table 12

(end of year) 2007 46 46 134 131 86 73 266 250 2008 45 45 127 126 108 84 280 255 2009 47 46 119 118 154 126 320 290 2010 47 46 117 114 221 169 385 329 2011 48 46 109 106 317 231 474 383
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
111
France
Table 14

(end of year) 2007 Euronext Paris Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants Number of foreign participants 135 nav nav nav nav nav nav 2008 152 nav nav nav nav nav nav 2009 174 nav nav nav nav nav nav 2010 181 nav nav nav nav nav nav 2011 179 nav nav nav nav nav nav
Table 15

(end of year) 2007 Euronext Paris Total number of listed securities debt securities short-term paper bonds equity1 other
1
2008 12,503 2,263 nav nav 673 9,567
2009 8,728 2,005 nav nav 652 6,071
2010 13,278 2,134 nav nav 617 10,527
2011 18,780 2,556 nav nav 586 15,638
10,729 1,277 nav nav 707 8,745
Number of companies with listed shares.
Table 16

(EUR billions, end of year) 2007 Euronext Paris Total market capitalisation/equity 1,874.4 2008 1,056.7 2009 1,356.5 2010 1,424.8 2011 1,197.0
112
France
Table 17

(thousands, total for the year) 2007 Euronext Paris Total number of executed securities trades debt securities short-term paper bonds equity other Total number of executed derivatives trades financial futures financial options commodity futures commodity options
1
2008 133,116.0 405.0 nav nav 128,620.0 4,091.0 96,440.0 49,781.7 43,937.1 2,257.7 463.6
2009 111,759.0 396.0 nav nav 107,377.0 3,986.0 99,443.4 42,243.5 53,572.0 2,887.7 740.2
2010 125,450.0 419.0 nav nav 120,551.0 4,480.0 112,820.0 44,842.0 60,846.0 5,823.0 1,309.0
2011 146,894.0 340.0 nav nav 141,464.0 5,090.0 102,375.0 43,566.0 49,031.0 8,024.0 1,754.0
106,914.0 539.0 nav nav 102,736.0 3,639.0 90,866.0 45,139.0 44,027.0 1,515.0 185.0
Single-counted transactions.
Table 18

(EUR billions, total for the year) 2007 Euronext Paris Total value of executed securities trades debt securities short-term paper bonds equity other Total value of executed derivatives trades financial futures financial options commodity futures commodity options 2,656.66 71.58 nav nav 2,494.60 90.48 3,274.372 2,573.555 682.624 18.097 0.096 2008 1,937.28 3.58 nav nav 1,829.71 103.98 2,627.447 2,141.108 457.792 28.270 0.276 2009 1,148.92 79.00 nav nav 980.87 89.05 1,718.750 1,397.954 294.860 25.695 0.242 2010 1,229.37 12.59 nav nav 1,103.03 113.75 2,107.400 1,669.200 372.300 65.200 0.700 2011 1,281.69 3.19 nav nav 1,139.16 139.35 1,974.000 1,569.100 298.030 105.900 0.970
113
France
Table 19

(end of year) 2007 LCH.Clearnet SA Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other
1
2008 106 0 1 68 37 54 0 0 33 21 52 0 1 35 16
2009 103 0 1 67 35 49 0 0 31 18 54 0 1 36 17
2010 103 0 1 69 33 46 0 0 30 16 57 0 1 39 17
2011 114 0 1 79 34 46 0 0 30 16 68 0 1 49 18
111 0 1 72 38
1
72 0 0 49 23 39 0 1 23 15
France, Belgium, the Netherlands and Portugal.
Table 20

(millions, total for the year) 2007 LCH.Clearnet SA Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds equity2
1
2008
2009
2010
2011
394.60 212.903 0.049 nav nav 212.854
452.02 259.219 0.041 0.006 0.035 259.178
417.53 218.255 0.033 0.004 0.029 218.221
472.44 246.944 0.047 0.008 0.039 246.897
511.55 298.379 0.062 0.017 0.045 298.317
of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts 3 cleared financial futures financial options commodity futures commodity options Number of OTC derivatives contracts cleared
1
nap
nap
nap
nap
nap
181.70 93.30 88.40 nav nav nap
192.80 99.56 87.79 4.52 0.93 nap
199.27 84.72 107.28 5.79 1.49 nap
225.50 89.67 121.56 11.65 2.62 0.001

3
213.17 88.76 104.18 16.56 3.66 0.001

Valuation at
Cash transactions. 2 Contains all activities for Euronext cash markets (including bonds, shares and warrants). the trading price; data before 2008 include commodity products.
114
France
Table 21

(EUR billions, total for the year) 2007 LCH.Clearnet SA Total value of contracts and transactions cleared Value of securities transactions cleared1 debt securities short-term paper bonds 2 equity of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts 3 cleared financial futures financial options commodity futures commodity options Value of OTC derivatives contracts cleared
1
2008 9,287.66 3,999.70 315.80 49.28 266.53 3,683.89
2009 5,628.07 2,179.65 197.58 35.95 161.64 1,982.07
2010 6,899.45 2,622.54 356.74 80.37 276.37 2,265.80
2011 7,016.27 2,872.21 459.09 161.77 297.32 2,413.12
9,890.05 4,678.11 389.74 nav nav 4,288.37
nap
nap
nap
nap
nap
5,211.94 5,185.01 26.93 nav nav nap
5,287.96 4,289.72 930.06 56.68 11.50 nap
3,448.42 2,800.99 583.45 51.56 12.42 nap
4,221.22 3,332.23 729.24 130.29 29.46 55.68

3
4,082.23 3,192.47 620.38 218.67 50.70 61.83

Valuation at
Cash transactions. 2 Contains all activities for Euronext cash markets (including bonds, shares and warrants). the trading price; data before 2008 include commodity products.
115
France
Table 22

(end of year) 2007 Euroclear France Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other 143 1 1 13 96 32 105 1 1 0 82 21 38 0 0 13 14 11 2008 139 1 1 13 91 33 100 1 1 0 75 23 39 0 0 13 16 10 2009 125 1 1 11 94 18 96 1 1 0 79 15 29 0 0 11 15 3 2010 165 1 1 5 101 57 130 1 1 0 79 49 35 0 0 5 22 8 2011 162 1 1 5 100 55 125 1 1 0 76 47 37 0 0 5 24 8
Table 23

(end of year) 2007 Euroclear France1 Total number of securities held debt securities short-term paper bonds equity other
1
2008 45,757 17,166 10,226 6,940 1,696 26,895
2009 33,345 14,782 8,287 6,495 1,639 16,924
2010 40,033 17,338 9,237 8,101 1,751 20,944
2011 46,740 21,907 9,160 12,747 1,825 23,008
38,832 15,976 9,805 6,171 1,630 21,226
Includes all types of financial instruments (French and foreign financial instruments, eurobonds and other international financial instruments).
Table 24

(EUR billions, end of year) 2007 Euroclear France Total value of securities held debt securities short-term paper bonds equity other
1
2008 4,517.3 2,363.7 860.6 1,503.1 1,135.9 1,017.6
2009 5,033.7 2,481.1 867.8 1,613.3 1,413.7 1,138.9
2010 5,139.8 2,616.0 874.6 1,741.4 1,392.9 1,130.9
2011 5,021.2 2,855.5 925.7 1,929.8 1,167.3 998.4
5,312.1 2,157.5 777.4 1,380.1 1,949.5 1,205.1
Includes all types of financial instruments (French and foreign financial instruments, eurobonds and other international financial instruments).
116
France
Table 25

(thousands, total for the year) 2007 Euroclear France 1 Total number of delivery instructions 2 DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
1
2008 30,384 27,688 5,666 1,794 3,872 17,019 5,003 2,696 332 119 213 972 1,392
2009 26,639 24,167 5,512 1,746 3,766 14,141 4,514 2,472 376 120 256 872 1,224
2010 26,122 23,431 6,042 2,016 4,026 13,235 4,154 2,691 516 150 366 1,002 1,173
2011 27,641 24,883 6,658 2,265 4,393 13,913 4,312 2,758 577 176 401 1,042 1,139
34,491 31,627 5,403 1,675 3,728 21,017 5,207 2,864 378 130 248 1,146 1,340
The figures for reporting years 2007 and 2008 are based on a new methodology related to the implementation of the single platform ESES (Euroclear Settlement of Euronext-zone securities), launched in France in November 2007. This may trigger a break in series when comparing the 2007 and 2008 figures with those from previous years. 2 Includes securities movements related to repurchase agreements.
Table 26

(EUR billions, total for the year) 2007 Euroclear France 1 Total value of delivery instructions 2 DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
1
2008 134,266.1 118,320.5 107,870.5 50,468.6 57,401.8 6,891.7 3,558.3 15,945.6 11,612.4 6,614.2 4,998.3 1,343.8 2,989.4
2009 117,465.3 102,008.9 94,274.5 47,157.6 47,116.9 4,420.4 3,313.9 15,456.4 11,547.2 6,787.8 4,759.4 733.6 3,175.6
2010 136,973.6 118,430.5 110,587.9 56,003.1 54,584.8 5,119.5 2,723.1 18,543.1 15,156.4 8,198.3 6,958.1 672.7 2,714.0
2011 146,536.8 127,351.5 118,493.8 55,508.2 62,985.6 5,512.2 3,345.5 19,185.3 15,778.5 8,183.1 7,595.4 481.5 2,925.3
153,253.1 135,073.9 124,922.7 59,918.2 65,004.5 7,900.3 2,250.8 18,179.2 13,957.3 9,071.3 4,886.1 1,636.3 2,585.6
The figures for reporting years 2007 and 2008 are based on a new methodology related to the implementation of the single platform ESES (Euroclear Settlement of Euronext-zone securities), launched in France in November 2007. This may trigger a break in series when comparing the 2007 and 2008 figures with those from previous years. 2 Includes securities movements related to repurchase agreements.
117
France
118
Germany
Table 1

2007 82,263 2,428.5 29,521 2.3 0.6793 0.7308 2008 82,120 2,473.8 30,124 2.8 0.7185 0.6835 2009 81,875 2,374.5 29,002 0.2 0.6942 0.7190 2010 81,757 2,496.2 30,532 1.2 0.7484 0.7559 2011 81,779 2,592.6 31,703 2.5 0.7729 0.7192
Population (thousands) GDP (EUR billions) GDP per capita (EUR) 1 Consumer price inflation (%) Exchange rate (EUR/USD): end of year average
1
Annual average.
Table 2

(EUR billions, end of year) 2007 nap 845.44 nap 36.01 0.065 0.065 nav 2008 nap 902.77 nap 31.04 0.062 0.062 nav 2009 nap 1,085.25 nap 32.40 0.066 0.066 nav 2010 nap 1,169.95 nap 33.19 0.071 0.071 nav 2011 nap 1,235.84 nap 38.28 0.069 0.069 nav
Notes and coin in circulation outside banks1 2 Value of transferable deposits 1 Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products 3 on software- or network-based products
1
These figures are provided solely at an aggregated euro area level (see Euro area, Table 2). 2 All overnight deposits are included - transferable and non-transferable overnight deposits. The counterpart sector non-MFIs includes the component sectors Central government and Rest of the world. Thus, this indicator is not synonymous with the same term used in the ECB concept of narrow money supply (M1). 3 Encompasses only data of the German scheme GeldKarte.
Table 3

Transferable balances held at the central bank1 required reserves free reserves 1 Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight 2 longer-term refinancing operations 3
1
nav 0.121 236.662
nav 2.374 270.445
nav 0.109 211.656

2
nav 0.105 89.655
nav 0.125 44.737

3
All overnight deposits are included - transferable and non-transferable overnight deposits. monetary policy operations vis--vis the Eurosystem.
Marginal lending facility.
Other
119
Germany
Table 4
Banknotes and coin1

1
These figures are provided solely at an aggregated euro area level (see Euro area, Table 4) .
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts (thousands) Value of accounts (EUR billions)
1
2008 47 24.63 1.754
2009 47 24.34 10.534
2010 47 24.02 1.431
2011 47 23.55 5.836
51 25.06 0.587
Banks Number of institutions 2,015 1,981 Number of branches or offices 41,814 41,554 2 Number of accounts (thousands) 91,133.0 91,520.1 of which: number of internet/PC-linked accounts (thousands) 2 35,366.4 38,229.1 Value of accounts (EUR billions)3 855.98 926.00 Credit institutions legally incorporated in the reporting country Number of institutions 1,915 1,873 Number of branches or offices 41,627 41,336 3 Value of accounts (EUR billions) 838.49 906.32 Branches of euro area-based credit institutions Number of institutions 63 69 Number of branches or offices 127 145 Value of accounts (EUR billions)3 14.63 17.16 Branches of EEA-based credit institutions (outside the euro area) Number of institutions 19 21 Number of offices 36 49 Value of accounts (EUR billions)3 1.33 1.21 Branches of non-EEA based banks Number of institutions 18 18 Number of branches or offices 24 24 3 Value of accounts (EUR billions) 1.53 1.31 Other institutions offering payment services to non-banks Number of institutions4 nap Number of branches or offices nap Number of accounts nap Value of accounts nap
1,939 40,815 93,945.8 42,260.6 1,107.71 1,830 40,593 1,085.62 68 147 16.86 23 51 2.92 18 24 2.31
1,919 40,083 94,737.2 45,213.8 1,189.30 1,809 39,865 1,160.15 69 144 20.22 23 49 6.30 18 25 2.63
1,903 39,596 95,170.8 47,899.4 1,260.30 1,792 39,363 1,217.29 66 154 25.76 26 52 14.24 19 27 3.02
nap nap nap nap
nap nap nap nap
11 nav nav nav
38 nav nav nav
120
Germany
Table 5 (cont) 2007 Institutions offering payment services to non-banks (total) Number of institutions 2,016 Number of branches or offices 41,865 Number of accounts held by non-banks 2 (thousands) 91,158.0 of which: number of internet/PC-linked accounts (thousands) 2 35,366.4 Value of accounts held by non-banks (EUR billions) 856.56 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by 5 e-money institutions (EUR millions)
1
2008 1,982 41,601 91,544.7 38,229.1 927.76
2009 1,940 40,862 93,970.1 42,260.6 1,118.24
2010 1,931 40,130 94,761.2 45,213.8 1,190.73
2011 1,942 39,643 95,194.4 47,899.4 1,266.14
6 18.00
8 21.00
10 22.70
10 23.00
2 nav
Includes those post office branches of Deutsche Postbank AG which are entrusted with the semi-cashless payment systems on behalf of the Postbank AG. 2 Encompasses only accounts for transferable deposits and not accounts for card-based e-money. Partly estimated for reference period 2007. Different methodology and data collection method since reporting year 2007 entail breaks in series when comparing 2007 with previous years data. 3 Includes transferable and non-transferable deposits as well as deposits for card-based e-money. 4 The list of payment institutions is published on the website of the German federal financial supervisory authority (BaFin): http://ww2.bafin.de/database/ZahlInstInfo/. 5 By approximation: liabilities to non-MFIs which mature daily.
121
Germany
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function Cards with a debit function Cards with a delayed debit function Cards with a credit function Cards with an e-money function of which: cards with an e-money function which 3 have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: 4 Retailer cards Terminals located in the country 1 ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals5, 6 of which: EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals 6
1
2008 125,714.1 100,667.2 18,990.9 3,221.2 79,889.4 4,452.6
2009 129,595.1 101,761.8 20,521.6 3,703.8 85,954.6 4,863.2
2010 130,223.3 102,276.3 21,614.5 3,726.8 95,125.5 5,185.1
2011 132,700.5 103,957.4 22,680.7 3,947.3 96,475.5 3,445.7
1, 2
123,558.2 100,740.3 18,791.8 3,452.5 77,773.8 4,427.5
132,258.0 66,099.2
133,586.5 76,782.5
139,137.1 81,263.0
139,021.5 85,148.6
140,532.6 88,531.0
12,600.0
11,400.0
10,100.0
10,200.0
nav
75,757 54,704 21,833 566,037 566,037 365,631 31,357 334,274
77,733 55,468 22,881 592,994 592,994 363,795 47,139 316,656
79,386 56,079 23,934 645,427 645,427 351,349 49,297 302,052
82,477 56,104 27,557 678,180 678,180 289,128 52,550 236,578
84,250 56,411 28,814 710,912 710,912 288,879 52,793 236,086
Partly estimated for reference period 2007. Different methodology and data collection method since reporting year 2007 entail breaks in series when comparing 2007 with previous years data. 2 Since 2007 payments with delayed debit and credit cards in Tables 7 and 8 have included transactions with specific non-rechargeable retailer cards. However, this table does not encompass the numbers of the underlying cards. 3 Cards with an e-money function which are credit balanced at the end of the period. 4 Figures collected by PaySys Consultancy GmbH. 5 Encompasses only terminals with reference to the German scheme "Girocard". To avoid double-counting, the number of terminals includes the most widespread scheme only, since terminals usually accept different card brands. EFTPOS terminals only. 6 Only active terminals (terminals with at least one transaction in the reference period). Figures collected by Deutsche Kreditwirtschaft (DK).
122
Germany
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers4, 5 paper-based non-paper-based 4, 5, 6 Direct debits 7 Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages 4 Cheques Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Payments by retailer cards with a payment function8 For the footnotes, see the end of the table.
2, 3
2008 5,681.80 1,056.40 4,625.40 7,914.26 2,313.06 1,878.31 394.98 39.77 47.42 47.42 nav 65.42 nap
2009 5,829.45 997.67 4,831.78 8,197.95 2,459.18 2,003.31 415.39 40.48 43.08 43.08 nav 57.02 nap
2010 5,871.19 940.14 4,931.05 8,697.12 2,678.08 2,192.35 447.89 37.84 38.94 38.94 nav 48.27 nap
2011 6,090.12 896.88 5,193.24 8,661.41 2,947.89 2,405.05 501.22 41.62 36.01 36.01 nav 40.49 nap
5,595.48 1,095.92 4,499.56 7,677.23 2,148.20 1,710.69 395.02 42.49 51.82 51.82 nav 75.48 nap
15,548.21 279.37
16,021.96 285.31
16,586.68 347.45
17,333.60 446.71
17,775.92 540.34
47.24 50.50
50.42 33.10
48.99 34.30
61.70 30.90
68.83 35.80
123
Germany
Table 7 (cont) 2007 2008 3 Transactions per type of terminal Total transactions at terminals in the country Cash transactions 1,985.19 2,048.94 ATM cash withdrawals 1,945.14 2,002.98 ATM cash deposits 40.05 45.96 POS payment transactions9 2,026.53 2,183.12 E-money card loading/unloading transactions 8.65 7.93 E-money card payment transactions 51.82 47.42 a) Transactions at terminals in the country by cards issued in the country Cash transactions 1,985.19 2,048.94 ATM cash withdrawals 1,945.14 2,002.98 ATM cash deposits 40.05 45.96 POS payment transactions9 2,026.53 2,183.12 E-money card loading/unloading transactions 8.65 7.93 E-money card payment transactions 51.82 47.42 10 b) Transactions at terminals in the country by cards issued outside the country Cash transactions nap nap POS payment transactions nap nap nap nap E-money card loading/unloading transactions E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 39.44 39.42 ATM cash withdrawals 39.44 39.42 ATM cash deposits 10 nap nap POS payment transactions 173.49 177.36 E-money card loading/unloading transactions10 nap nap 10 E-money card payment transactions nap nap
1
2009
2010
2011
2,098.39 2,045.98 52.41 2,306.24 7.59 43.08 2,098.39 2,045.98 52.41 2,306.24 7.59 43.08 nap nap nap nap 39.92 39.92 nap 196.02 nap nap
Partly estimated for reference period 2007. Different methodology and data collection method since reporting year 2007 entail breaks in series when comparing 2007 with previous years data. 2 Includes transactions of national non-banks, irrespective of whether they are processed on an intra- or interbank basis. 3 The scope of payment transactions with cards reported in this section is not larger than that of transactions reported in the section Transactions per type of terminal. Both sections (Transactions per type of payment instrument and Transactions per type of terminal) include card transactions at virtual points of sale, eg via internet or telephone. 4 From 2007 onwards, figures include both national and cross-border transactions. 5 Bookentry transactions are included since 2007. 6 Contains in part direct debits initiated by a payment card (electronic direct debits: so-called "ELV" transactions). 7 Since 2007 payments with delayed debit and credit cards have included transactions with specific non-rechargeable retailer cards. For methodological reasons, all payments initiated by a payment card are included here (electronic direct debits: so-called "ELV" transactions). However, parts of these are indistinguishably included in the item "direct debits". 8 Figures collected by PaySys Consultancy GmbH. 9 Includes e-money card payment transactions. 10 Due to lack of information, these data are not published.
124
Germany
Table 8
Indicators of the use of payment instruments and terminals: value of transactions1

(EUR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers4, 5 paper-based non-paper-based 4, 5, 6 Direct debits 7 Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages 4 Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Payments by retailer cards with an payments function8 For the footnotes, see the end of the table.
2, 3
2008 59,389.15 10,866.01 48,523.13 10,969.81 151.21 111.42 36.75 3.04 0.152 0.152 nav 382.71 nap
2009 52,799.76 8,410.34 44,389.43 10,104.96 155.88 115.81 37.13 2.94 0.145 0.145 nav 299.50 nap
2010 50,791.94 5,542.94 45,249.00 11,569.04 169.06 125.36 40.89 2.82 0.140 0.140 nav 264.80 nap
2011 54,091.92 5,452.79 48,639.13 13,453.48 187.63 139.14 45.26 3.23 0.125 0.125 nav 252.63 nap
58,548.17 10,513.50 48,034.67 10,541.54 143.48 104.04 36.13 3.32 0.158 0.158 nav 418.87 nap
69,652.21 11,680.59
70,893.03 12,448.93
63,360.24 8,596.47
62,794.99 8,055.96
67,985.79 9,566.32
15,089.23 2.90
15,287.31 2.08
10,202.12 2.16
11,422.75 1.98
14,307.16 1.97
125
Germany
Table 8 (cont) 2007 2008 3 Transactions per type of terminal Total transactions at terminals in the country Cash transactions 332.42 349.62 ATM cash withdrawals 298.78 311.19 ATM cash deposits 33.64 38.42 POS payment transactions9 128.26 135.24 E-money card loading/unloading transactions 0.196 0.184 E-money card payment transactions 0.158 0.152 a) Transactions at terminals in the country by cards issued in the country Cash transactions 332.42 349.62 ATM cash withdrawals 298.78 311.19 ATM cash deposits 33.64 38.42 POS payment transactions9 128.26 135.24 E-money card loading/unloading transactions 0.196 0.184 E-money card payment transactions 0.158 0.152 10 b) Transactions at terminals in the country by cards issued outside the country Cash transactions nap nap POS payment transactions nap nap nap nap E-money card loading/unloading transactions E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 7.75 7.73 ATM cash withdrawals 7.75 7.73 ATM cash deposits 10 nap nap POS payment transactions 15.38 16.13 E-money card loading/unloading transactions10 nap nap 10 E-money card payment transactions nap nap
1
2009
2010
2011
361.64 317.44 44.20 139.29 0.203 0.145 361.64 317.44 44.20 139.29 0.203 0.145 nap nap nap nap 8.27 8.27 nap 16.73 nap nap
Partly estimated for reference period 2007. Different methodology and data collection method since reporting year 2007 entail breaks in series when comparing 2007 with previous years data. 2 Includes transactions of national non-banks, irrespective of whether they are processed on an intra- or interbank basis. 3 The scope of payment transactions with cards reported in this section is not larger than that of transactions reported in the section Transactions per type of terminal. Both sections (Transactions per type of payment instrument and Transactions per type of terminal) include card transactions at virtual points of sale, eg via internet or telephone. 4 From 2007 onwards, figures include both national and cross-border transactions. 5 Book-entry transactions are included since 2007. 6 Contains in part direct debits initiated by a payment card (electronic direct debits: so called "ELV" transactions). 7 Since 2007 payments with delayed debit and credit cards have included transactions with specific non-rechargeable retailer cards. For methodological reasons, all payments initiated by a payment card are included here (electronic direct debits: so-called "ELV" transactions). However, parts of these are indistinguishably included in the item "direct debits". 8 Figures collected by PaySys Consultancy GmbH. 9 Includes e-money card payment transactions. 10 Due to lack of information, these data are not published.
126
Germany
Table 9

(end of year) 2007 Large-value payment systems
2 1
2008
2009
2010
2011
T2 BBK Number of participants Direct participants Banks Central bank Other direct participants Clearing and settlement organisations 3 Indirect participants Retail payment systems RPS Number of participants Direct participants Banks Central bank
1
2,928 188 181 4 3 3 2,740
2,891 203 199 1 3 3 2,688
2,787 184 180 1 3 3 2,603
2,730 219 214 1 4 4 2,511
2,745 280 273 1 6 6 2,465
237 237 236 1
256 256 255 1
223 223 222 1
221 221 220 1
212 212 211 1
Due to the migration from TARGET to TARGET2 on 19 November 2007, there are significant breaks in series. 2 Before November 2007, the figures are reported for RTGSplus. Slovenia, Malta and Cyprus are included up to 19 November 2007 as direct participants. 3 Since 2007 only registered indirect participants have been counted.
127
Germany
Table 10

(millions, total for the year) 2007 Large-value payment systems
2 1
2008
2009
2010
2011
T2 BBK Credit transfers sent credit transfers sent within T2 BBK credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of volume (%) Retail payment systems RPS3 Total transactions sent credit transfers cheques and direct debits 4 direct debits card payments ATM transactions e-money transactions cheques Concentration ratio in terms of volume (%)
1
47.50 41.82 5.68
41.56 32.61 8.95
44.70 34.48 10.22
43.80 32.90 10.90
43.85 32.61 11.24
5.68 49.0
6.89 50.0
8.21 54.0
8.46 51.0
9.12 50.0
2,342.98 1,041.35 1,301.63 nav nav nav nav nav 29.0
Due to the migration from TARGET to TARGET2 on 19 November 2007, there are significant breaks in series. 2 Before November 2007, the figures are reported for RTGSplus. Traffic from Slovenia, Malta and Cyprus included up to 19 November 2007. 3 RPS is connected to the STEP2 system of the EURO Banking Association (EBA) to carry out cross-border EU retail payments. 4 Includes direct debits and other payment instruments which are technically processed like direct debits, such as debit card payments, ATM transactions, e-money payments and cheques.
128
Germany
Table 11

(EUR billions, total for the year) 2007 Large-value payment systems
2 1
2008
2009
2010
2011
T2 BBK Credit transfers sent credit transfers sent within T2 BBK credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of value (%) Retail payment systems RPS3 Total transactions sent credit transfers cheques and direct debits 4 direct debits card payments ATM transactions e-money transactions cheques Concentration ratio in terms of value (%)
1
232,331.1 171,666.4 60,664.7
221,374.7 169,329.4 52,045.3
171,299.0 114,904.9 56,394.1
258,596.8 202,165.3 56,431.5
252,915.2 192,668.1 60,247.1
47,738.8 62.0
53,993.9 35.0
56,276.0 31.0
56,605.4 34.0
60,180.6 33.0
2,261.5 1,307.1 954.4 nav nav nav nav nav 16.0
Due to the migration from TARGET to TARGET2 on 19 November 2007, there are significant breaks in series. 2 Before November 2007, the figures are reported for RTGSplus. Traffic from Slovenia, Malta and Cyprus included up to 19 November 2007. 3 RPS is connected to the STEP2 system of the EURO Banking Association (EBA) to carry out cross-border EU retail payments. 4 Includes direct debits and other payment instruments which are technically processed like direct debits, such as debit card payments, ATM transactions, e-money payments and cheques.
129
Germany
Table 12

(end of year) 2007 106 106 128 123 97 84 331 313 2008 104 105 121 117 108 93 333 315 2009 109 108 117 112 115 101 341 321 2010 105 105 120 117 165 141 390 363 2011 105 105 117 113 194 176 416 394
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
130
Germany
Table 14

(end of year) 2007 Xetra Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other
2
2008 250 1 0 nav nav 121 1 0 nav nav 129 0 0 nav nav
2010 225 1 nav nav nav 124 1 nav nav nav 101 0 nav nav nav
260 1 0 nav nav 125 1 0 nav nav 135 0 0 nav nav
Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Total number of participants nav central bank nav central counterparties (CCPs) nav banks nav other nav Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other For the footnotes, see the end of the table. nav nav nav nav nav nav nav nav nav nav
238 1 nav nav nav 209 1 nav nav nav 29 0 nav nav nav
228 1 nav nav nav 199 1 nav nav nav 29 0 nav nav nav
131
Germany
Table 14 (cont) 2007 Eurex Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other
1
Encompasses Eurex Frankfurt AG, Eurex Bonds GmbH, Eurex Repo GmbH and Eurex Zrich AG. 2 On 23 May 2011 Frankfurt Floor Trading was transferred to Xetra, the international established trading platform of Deutsche Brse AG. The trading venue "Frankfurt" is named "Xetra Frankfurt Specialist" in the statistics. Instead of total turnover the figures in the statistics are related to order book turnover.
132
Germany
Table 15

(thousands, end of year) 2007 Xetra Total number of listed securities debt securities short-term paper bonds equity other 17.76 nav nav nav nav nav 2008 15.42 nav nav nav nav nav 2009 14.72 nav nav nav nav nav 2010 16.12 0.68 nav nav 11.42 4.02 2011 5.71 0.64 nav nav 1.17 3.90
Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Total number of listed securities 277.62 debt securities 26.03 short-term paper nav bonds nav equity 0.87 other 250.72 Eurex Total number of listed securities
441.35 25.05 nav nav 0.83 415.47
457.14 26.02 nav nav 0.78 430.34
643.97 24.84 nav nav 0.77 618.36
998.93 22.46 nav nav 0.75 975.72
nap
nap
nap
nap
nap
Table 16

(EUR billions, end of year) 2007 Xetra Total market capitalisation/equity nav 2008 nav 2009 1,248.26 2010 1,381.2 2011 1,132.9
Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Total market capitalisation/equity 1,440.0 Eurex Total market capitalisation/equity
797.1
nap
nap
nap
nap
nap
nap
nap
nap
133
Germany
Table 17

(thousands, total for the year) 2007 Xetra Total number of executed securities trades 1 debt securities short-term paper bonds 2 equity 1 other Total number of executed derivatives trades 86,897.4 1.6 nav nav 86,880.7 15.0 nap 2008 122,617.7 263.6 nav nav 119,626.5 2,727.6 nap 2009 91,008.3 239.1 nav nav 88,535.7 2,233.5 nap 2010 104,741.1 275.9 nav nav 101,861.2 2,604.0 nap 2011 134,880.8 347.4 nav nav 131,628.6 2,904.8 nap
Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Total number of executed securities trades 88,884.0 31,477.5 1 debt securities 2,842.2 1,213.4 short-term paper nav nav bonds nav nav 2, 3 equity 58,138.8 25,026.9 1 other 27,903.0 5,237.2 Total number of executed derivatives trades Eurex Total number of executed securities trades Total number of executed derivatives trades financial futures financial options other financial derivatives
1
20,436.3 1,231.6 nav nav 16,352.8 2,851.9 nap
21,659.3 1,231.7 nav nav 17,763.3 2,664.3 nap
14,144.7 472.3 nav nav 10,395.3 3,277.2 nap
nap
nap
nap
nap
nap
nap
nap
1,899,813.1 2,164,435.9 1,684,507.8 1,890,975.8 2,034,668.1 1,146,058.9 1,231,370.5 926,134.0 1,148,083.6 1,209,997.0 753,754.2 933,065.4 758,373.8 742,892.2 824,671.1 nav nav nav nav nav
Transfer of trading in structured products (certificates) to Xetra platform in spring 2008. 2 Since 2008, these positions have contained exchange-traded funds (ETFs) and undertakings for collective investment in transferable securities (UCITS). 3 Since 2009, these positions have contained reporting transactions. 4 Turnover in Germany and Switzerland.
134
Germany
Table 18

(EUR billions, total for the year) 2007 Xetra Total value of executed securities trades 1 debt securities short-term paper bonds 2 equity 1 other Total value of executed derivatives trades 2,443.35 0 nav nav 2,442.98 0.37 nap 2008 2,369.62 20.09 nav nav 2,319.69 29.84 nap 2009 1,255.52 18.92 nav nav 1,217.79 18.81 nap 2010 1,437.10 18.40 nav nav 1,395.35 23.36 nap 2011 1,492.41 15.58 nav nav 1,449.05 27.78 nap
Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Total value of executed securities trades 1,249.85 1,254.63 1, 3 debt securities 229.44 105.02 short-term paper nav nav bonds nav nav 4 equity 701.17 1,066.39 1 other 319.24 83.22 Total value of executed derivatives trades Eurex Total value of executed securities trades Total value of executed derivatives trades financial futures financial options other financial derivatives
1
729.58 86.79 nav nav 598.09 44.70 nap
629.78 64.97 nav nav 527.83 36.98 nap
375.68 32.78 nav nav 301.74 41.16 nap
nap
nap
nap
nap
nap 79,128.37 62,574.52 16,553.85 nav
nap
nap
124,193.69 114,194.70 100,025.98 88,802.10 24,167.71 25,392.60 nav nav
98,203.66 107,309.18 79,108.22 84,622.73 19,095.44 22,686.45 nav nav
Transfer of trading in structured products (certificates) to Xetra platform in spring 2008. 2 Since 2008, these positions have contained exchange-traded funds (ETFs) and undertakings for collective investment in transferable securities (UCITS). 3 At market value, not nominal value. 4 Since 2009, these positions have contained reporting transactions. 5 Turnover in Germany and Switzerland.
135
Germany
Table 19

(end of year) 2007 Eurex Clearing AG Total number of clearing members central bank banks Number of domestic clearing members central bank banks Number of foreign clearing members central bank banks 118 1 117 52 1 51 66 0 66 2008 109 1 108 49 1 48 60 0 60 2009 117 1 116 52 1 51 65 0 65 2010 128 1 127 58 1 57 70 0 70 2011 149 2 147 62 1 61 87 1 86
136
Germany
Table 20

(millions, total for the year) 2007 Eurex Clearing AG Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-tem paper bonds equity other of which: number of repurchase transactions cleared debt securities short-term paper bonds Number of exchange-traded derivatives contracts cleared1 financial futures financial options commodity futures commodity options Number of OTC derivatives contracts cleared
1
2008
2009
2010
2011
4,019.88 220.16 0.18 nav nav 219.98 nav
4,609.52 279.43 9.37 nav nav 270.06 nav
3,575.30 211.08 12.79 nav nav 198.29 nav
4,020.50 226.67 13.13 nav nav 213.54 nav
4,362.99 276.16 15.48 nav nav 260.69 nav
0.177 0.177 nav nav
0.229 0.229 nav nav
0.160 0.160 nav nav
0.182 0.182 nav nav
0.250 0.250 nav nav
3,799.724 2,292.227 1,507.497 nap nap nap
4,330.086 2,463.133 1,866.793 0.160 0 nap
3,364.215 1,853.496 1,510.552 0.140 0.027 nap
3,793.833 2,305.811 1,487.469 0.530 0.023 0
4,086.832 2,430.337 1,655.998 0.463 0.034 0
Turnover in Germany and Switzerland.
137
Germany
Table 21

(EUR billions, total for the year) 2007 Eurex Clearing AG Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds equity other of which: value of repurchase transactions cleared debt securities short-term paper bonds equity Value of exchange-traded derivatives contracts cleared1 financial futures financial options commodity futures commodity options Value of OTC derivatives contracts cleared
1
2008 243,478.9 15,077.4 10,195.4 nav nav 4,882.0 nav
2009 173,052.8 14,746.0 12,284.0 nav nav 2,462.0 nav
2010 212,410.1 15,904.3 13,072.8 nav nav 2,831.5 nav
2011 238,215.1 23,459.1 20,440.3 nav nav 3,018.8 nav
261,102.0 12,729.4 7,184.2 nav nav 5,545.1 nav
6,892.7 6,892.7 nav nav nap
10,000.7 10,000.7 nav nav nap
12,109.4 12,109.4 nav nav nap
12,869.5 12,869.5 nav nav nap
20,210.0 20,206.0 nav nav 4.0
248,372.6 200,041.1 48,331.6 nap nap nap
228,401.5 177,608.7 50,789.3 3.6 0 nap
158,306.7 125,195.0 33,107.7 2.3 1.7 0.1
196,505.8 158,296.0 38,199.0 8.8 2.0 0
214,756.0 169,337.0 45,406.3 9.0 3.8 0
Turnover in Germany and Switzerland.
138
Germany
Table 22

(end of year) 2007 Clearstream Banking AG Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other 340 1 1 10 280 48 217 1 1 0 186 29 123 0 0 10 94 19 2008 340 1 1 10 280 48 217 1 1 0 186 29 123 0 0 10 94 19 2009 371 1 1 10 253 106 209 1 1 0 161 46 162 0 0 10 92 60 2010 366 1 1 10 263 91 203 1 1 0 157 44 163 0 0 10 106 47 2011 376 1 2 11 262 100 181 1 2 0 132 46 195 0 0 11 130 54
Table 23

(thousands, end of year) 2007 Clearstream Banking AG Total number of securities held debt securities equity other1
1
2008 4,634.2 nav nav 4,634.2
2009 4,322.0 nav nav 4,322.0
2010 5,085.2 nav nav 5,085.2
2011 2,232.9 nav nav 2,232.9
3,326.4 nav nav 3,326.4
Non-debt securities. Since 2011, revision of data collection method and therefore exclusion of multiple data entries.
Table 24

(EUR billions, end of year) 2007 Clearstream Banking AG Total value of securities held debt securities short-term paper bonds equity other
1
2008 5,987.39 3,820.06 132.17 3,687.89 1,735.99 431.35
2009 6,146.43 3,872.85 153.05 3,719.80 1,857.14 416.45
2010 6,312.65 3,776.51 131.95 3,644.56 2,078.78 457.35
2011 5,788.69 3,655.87 101.91 3,553.95 1,813.02 319.81
6,152.30 3,518.37 19.62 3,498.74 2,518.63 115.30
Revision of reporting periods 2008 to 2010 due to wrong classification of securities (bonds) held by the general government sector and due to wrong reporting unit.
139
Germany
Table 25

(thousands, total for the year) 2007 Clearstream Banking AG Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other 67,238.0 55,869.0 13,554.0 5,199.0 8,355.0 41,193.0 1,122.0 11,369.0 1,568.0 51.0 1,517.0 9,236.0 565.0 2008 56,013.1 45,936.8 3,244.4 34.2 3,210.2 27,356.2 15,336.2 10,076.3 1,626.8 16.4 1,610.4 8,100.1 349.4 2009 55,853.1 45,597.9 3,754.6 36.6 3,718.0 26,491.9 15,351.4 10,255.2 1,904.0 19.8 1,884.1 7,983.6 367.6 2010 58,402.7 46,882.4 3,814.5 87.5 3,727.1 29,551.2 13,516.7 11,520.4 2,380.3 38.0 2,342.3 8,612.2 528.0 2011 63,168.6 51,189.9 4,614.6 101.4 4,513.2 30,063.9 16,511.3 11,978.8 3,097.3 47.5 3,049.8 8,227.5 654.0
Table 26

(EUR billions, total for the year) 2007 Clearstream Banking AG Total value of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other 58,023.6 32,416.1 24,767.8 646.5 24,121.3 7,054.1 594.2 25,607.5 17,443.6 403.6 17,040.0 8,044.0 120.0 2008 62,473.3 31,071.8 14,172.8 793.4 13,379.4 7,292.0 9,607.0 31,401.5 22,606.0 821.5 21,784.5 8,699.4 96.1 2009 66,721.7 32,427.6 15,614.6 832.2 14,782.4 7,226.0 9,587.0 34,294.1 25,516.7 877.8 24,638.9 8,671.2 106.2 2010 68,193.0 29,862.5 12,245.2 683.3 11,561.9 5,245.2 12,372.1 38,330.5 27,232.5 1,367.7 25,864.9 10,983.1 114.9 2011 80,049.3 40,093.3 13,466.7 952.8 12,513.9 6,074.6 20,552.0 39,956.1 27,539.9 1,172.8 26,367.1 12,328.1 88.0
140
Hong Kong SAR
Table 1

2007 6,938.4 1,615.6 232,845 2.0 7.8015 7.8014 2008 6,963.9 1,677.0 240,815 4.3 7.7505 7.7868 2009 6,996.4 1,622.5 231,907 0.5 7.7555 7.7518 2010 7,052.1 1,741.6 246,957 2.4 7.7745 7.7692 2011 7,112.4 1,896.7 266,674 5.3 7.7655 7.7840
Population (thousands) GDP (HKD billions) GDP per capita (HKD) 2 Consumer price inflation (%) Exchange rate (HKD/USD): end of year average
1
At end-year.
Yearly average.
Table 2

(HKD billions, end of year) 2007 158.01 296.33 454.34 162.37 nav 2008 170.48 320.62 491.10 154.70 nav 2009 194.32 476.92 671.24 230.58 nav
3
Notes and coin in circulation outside banks1 2 Value of transferable deposits 3 Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages
2010 218.81 511.29 730.09 287.13 nav
2011 248.30 546.42 794.73 332.59 nav
1 Includes commemorative coins. 2 Customers demand deposits placed with licensed banks. and customers demand deposits placed with licensed banks.
Notes and coins in circulation
Table 3

(HKD billions, end of period unless otherwise stated) 2007 10.64 nap nap nap 2008 158.04 nap nap nap 2009 264.57 nap nap nap 2010 148.70 nap nap nap 2011 148.68 nap nap nap
Transferable balances held at the central bank1 required reserves free reserves Transferable balances held at other banks Memo: 2 Credit extended by the central bank: 3 intraday overnight 4 longer refinancing operations
14,701.76 20.76 nap

2
11,981.23 13.07 nap

Total for the year.
6,523.53 3.24 nap

3
11,918.65 1.36 nap

4
12,732.04 6.70 nap
1 Closing balance of the aggregate balance of settlement accounts. activities.
Intraday repos.
Discount window
141
Hong Kong SAR
Table 4
Banknotes and coin

(HKD millions, end of year) 2007 171,235 163,435 76,721 53,242 nap 18,615 4,341 7,255 3,163 98 2,069 2,068 1 5,256 1,084 1,461 1,159 872 321 208 146 5 475 13,222 158,013 2008 185,797 177,225 84,568 57,023 nap 19,613 4,831 8,027 3,065 98 2,690 2,689 1 5,407 1,112 1,509 1,206 891 327 210 147 5 475 15,317 170,480 2009 208,915 200,185 104,611 58,162 150 20,560 5,094 8,506 3,004 98 2,714 2,713 1 5,541 1,130 1,560 1,243 909 333 212 149 5 475 14,596 194,319 2010 235,887 226,705 124,234 61,772 124 22,591 5,622 9,302 2,962 98 2,975 2,974 1 5,732 1,168 1,634 1,292 931 337 213 152 5 475 17,081 218,806 2011 269,998 259,815 145,071 68,721 124 25,162 6,802 10,949 2,888 98 3,716 3,715 1 5,992 1,189 1,743 1,372 965 346 217 155 5 475 21,696 248,302
Total banknotes and coin issued Total banknotes issued HKD 1,000 HKD 500 HKD 150 HKD 100 HKD 50 HKD 20 HKD 10 1 other denominations Total government notes issued HKD 10 HKD 0.01 (demonetised) Total coin issued HKD 10 HKD 5 HKD 2 HKD 1 HKD 0.5 HKD 0.2 HKD 0.1 HKD 0.05 (demonetised) Commemorative coins Banknotes and coin held by banks Banknotes and coin in circulation outside banks2
1
HKD 25, 5 and 1 notes.
Includes commemorative coins.
142
Hong Kong SAR
Table 5

(end of year) 2007 Central bank 1 Number of branches or offices Number of accounts, all Value of accounts Authorised institutions Number of institutions Number of branches or offices Number of accounts Value of accounts Licensed banks Number of institutions Number of branches or offices Restricted licence banks Number of institutions Number of branches or offices Deposit-taking companies Number of institutions Number of branches or offices Branches of foreign banks Number of institutions Number of branches or offices
1
2008 0 nap nap
2009 0 nap nap
2010 0 nap nap
2011 0 nap nap
0 nap nap
200 1,551 nav nav 142 1,406 29 35 29 110 132 239
200 1,587 nav nav 145 1,445 27 33 28 109 134 251
199 1,578 nav nav 145 1,438 26 31 28 109 134 254
193 1,606 nav nav 146 1,475 21 24 26 107 132 271
198 1,620 nav nav 152 1,489 20 23 26 108 137 275
The Hong Kong Monetary Authority has one overseas representative office (in New York); it does not offer payment services to non-banks. 2 Licensed banks, restricted licence banks and deposit-taking companies. Each of these authorised institutions may be a branch of a foreign bank.
143
Hong Kong SAR
Table 6

(thousands, end of year) 2007 Cards issued in the country Cards with a debit function 1 Cards with a credit function Total number of cards (irrespective of the number of functions on the card)
1
2008 nav 14,045
2009 nav 14,497
2010 nav 15,450
2011 nav 16,484
nav nav
nav
nav
nav
nav
nav
This is the total number of credit cards issued in Hong Kong by American Express, China UnionPay, Diners Club, JCB, MasterCard and Visa.
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Card payments with cards issued in the country1 payments by cards with a debit function payments by cards with a credit function
1
2008 nav 100.31 321.26
2009 nav 100.69 338.07
2010 nav 105.37 363.94
2011 nav 109.72 391.54
nav nav nav
As some cards contain both debit and credit functions, this figure is not readily available.
Table 8
(HKD billions, total for the year) 2007 Transactions per type of payment instrument Card payments with cards issued in the country1 payments by cards with a debit function payments by cards with a credit function
1
2008 nav 166.37 303.06
2009 nav 167.27 301.96
2010 nav 187.96 354.63
2011 nav 207.66 408.31
nav nav nav
As some cards contain both debit and credit functions, this figure is not readily available.
144
Hong Kong SAR
Table 9

(end of year) 2007 Large-value and retail payment systems CHATS HKD CHATS Number of participants Direct participants Banks Central bank Other direct participants Clearing and settlement organisations USD CHATS Number of participants Direct participants Banks Central bank Indirect participants EUR CHATS Number of participants Direct participants Banks Central bank Indirect participants RMB CHATS Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Cheques In HKD Number of participants Direct participants Banks In USD Number of participants Direct participants Banks Indirect participants In RMB Number of participants Direct participants Banks
1
2008
2009
2010
2011
136 136 135 0 1 1 231 74 73 1 157 48 28 27 1 20 nav nav nav nav nav nav nav nav nav nav
141 141 140 0 1 1 224 81 80 1 143 50 31 30 1 19 96 96 84 1 11 0 0 0 11 0
146 146 145 0 1 1 219 90 89 1 129 52 33 32 1 19 158 158 118 1 39 0 0 0 39 0
nav nav nav nav nav nav nav nav nav nav
nav nav nav nav nav nav nav nav nav nav
134 134 134 95 77 77 18 nav nav nav
131 131 131 95 74 74 21 53 53 53
134 134 134 101 81 81 20 68 68 68
145
Hong Kong SAR
Table 9 (cont) 2007 ECG In HKD Number of participants Direct participants Banks In USD Number of participants Direct participants Banks Indirect participants In RMB Number of participants Direct participants Banks
1 2
2008
2009
2010
2011
nav nav nav 28 28 28 nav nav nav nav
nav nav nav 29 29 29 nav nav nav nav
122 122 122 29 29 29 nav nav nav nav
111 111 111 30 30 30 nav 27 27 27
107 107 107 30 30 30 nav 47 47 47
Clearing House Automated Transfer System; this is the RTGS system originally designed for HKD interbank payments. ECG refers to various types of bulk electronic payments to be cleared and settled through the clearing house on a multilateral netting basis.
146
Hong Kong SAR
Table 10

(millions, total for the year) 2007 Large-value and retail payment systems CHATS HKD CHATS Concentration ratio in terms of volume USD CHATS Concentration ratio in terms of volume EUR CHATS Concentration ratio in terms of volume RMB CHATS Concentration ratio in terms of volume Cheques In HKD Concentration ratio in terms of volume In USD Concentration ratio in terms of volume In RMB Concentration ratio in terms of volume ECG In HKD Concentration ratio in terms of volume In USD Concentration ratio in terms of volume In RMB Concentration ratio in terms of volume
1 2
2008
2009
2010
2011
5.499 nav 2.121 nav 0.040 nav nav nav
5.356 nav 3.151 nav 0.091 nav 0.243 nav
5.602 nav 3.524 nav 0.098 nav 0.962 nav
139.353 nav 1.834 nav nav nav
114.192 nav 1.961 nav 0.003 nav
109.015 nav 1.845 nav 0.119 nav
88.036 nav 0.006 nav 0 nav
91.359 nav 0.007 nav 0.088 nav
147
Hong Kong SAR
Table 11

(HKD billions, total for the year) 2007 Large-value and retail payment systems CHATS HKD CHATS Concentration ratio in terms of value USD CHATS Concentration ratio in terms of value EUR CHATS Concentration ratio in terms of value RMB CHATS Concentration ratio in terms of value Cheques In HKD Concentration ratio in terms of value In USD Concentration ratio in terms of value In RMB Concentration ratio in terms of value ECG In HKD Concentration ratio in terms of value In USD Concentration ratio in terms of value In RMB Concentration ratio in terms of value
1 2
2008
2009
2010
2011
216,759 nav 16,597 nav 3,221 nav nav nav
135,590 nav 21,170 nav 1,491 nav 1,442 nav
133,131 nav 27,268 nav 1,526 nav 34,143 nav
10,743 nav 414 nav nav nav
7,830 nav 497 nav 4 nav
7,107 nav 528 nav 48 nav
43,742 nav 18 nav 0 nav
36,129 nav 24 nav 89 nav
148
Hong Kong SAR
Table 12

(end of year) 2007 25 25 173 166 24 20 222 211 2008 24 24 175 172 28 25 227 221 2009 23 23 172 169 30 27 225 219 2010 23 23 173 168 37 32 233 223 2011 21 21 180 176 44 40 245 237
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
149
Hong Kong SAR
Table 14

(end of year) 2007 Hong Kong Stock Exchange Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants Number of foreign participants 478 nap nap nap 478 nav nav 2008 487 nap nap nap 487 nav nav 2009 495 nap nap nap 495 nav nav 2010 516 nap nap nap 516 nav nav 2011 534 nap nap nap 534 nav nav
Table 15

(end of year) 2007 Hong Kong Stock Exchange Total number of listed securities debt securities short-term paper bonds equity other1
1
2008 5,831 172 nav nav 1,262 4,397
2009 6,616 157 nav nav 1,320 5,139
2010 7,900 169 nav nav 1,414 6,317
2011 6,723 192 nav nav 1,497 5,034
6,092 175 nav nav 1,242 4,675
Including preference shares, registered/derivative warrants, Callable Bull/Bear Contracts (CBBCs), equity-linked instruments, unit trusts/mutual funds and rights.
Table 16

(HKD billions, end of year) 2007 Hong Kong Stock Exchange Total market capitalisation/equity 20,697.5 2008 10,298.7 2009 17,874.3 2010 21,077.0 2011 17,537.3
150
Hong Kong SAR
Table 17

(thousands, total for the year) 2007 Hong Kong Stock Exchange Total number of executed securities trades debt securities equity 1 other Total number of executed derivatives trades
1
2008 141,621 nav nav 141,621 nap
2009 178,151 nav nav 178,151 nap
2010 195,042 nav nav 195,042 nap
2011 216,713 nav nav 216,713 nap
152,140 nav nav 152,140 nap
Including equity, debts, preference shares, registered/derivative warrants, equity-linked instruments, CBBCs, unit trusts/ mutual funds, rights and depository receipts.
Table 18

(HKD billions, total for the year) 2007 Hong Kong Stock Exchange Total value of executed securities trades debt securities equity other1 Total value of executed derivatives trades
1
2008 17,661.0 nav nav 17,661.0 nap
2009 15,536.0 nav nav 15,536.0 nap
2010 17,277.8 nav nav 17,277.8 nap
2011 17,244.9 nav nav 17,244.9 nap
21,695.6 nav nav 21,695.6 nap
151
Hong Kong SAR
Table 19

(end of year) 2007 CCASS Total number of clearing members central bank central counterparties (CCPs) banks 1 other Number of domestic clearing members Number of foreign clearing members
1
2008 21,973 nap nap nav 21,973 nap nap
19,571 nap nap nav 19,571 nap nap
Including brokers, custodian, stock pledgee, clearing agency and investor participants.
152
Hong Kong SAR
Table 20

(thousands, total for the year) 2007 CCASS Total number of contracts and transactions cleared Number of securities transactions cleared debt securities equity 1 other of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared
1
2008 13,102 13,102 nav nav 13,102
2009 15,496 15,496 nav nav 15,496
2010 17,633 17,633 nav nav 17,633
2011 16,267 16,267 nav nav 16,267
18,159 18,159 nav nav 18,159
nap
nap
nap
nap
nap
nap nap
nap nap
nap nap
nap nap
nap nap
Table 21

(HKD billions, total for the year) 2007 CCASS Total value of contracts and transactions cleared Value of securities transactions cleared debt securities equity other2 of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared
1
2008 33,948.5 33,948.5 nav nav 33,948.5
2009 29,330.3 29,330.3 nav nav 29,330.3
2010 32,195.4 32,195.4 nav nav 32,195.4
2011 32,060.5 32,060.5 nav nav 32,060.5
41,131.5 41,131.5 nav nav 41,131.5
nap
nap
nap
nap
nap
nap nap
nap nap
nap nap
nap nap
nap nap
Data for 2006-08 revised to reflect total value of contracts and transactions cleared for Continuous Net Settlement (CNS) trades with money obligations arising from novated contracts. 2 Including equity, debts, preference shares, registered/ derivative warrants, equity-linked instruments, CBBCs, unit trusts/mutual funds, rights and depositary receipts.
153
Hong Kong SAR
Table 22

(end of year) 2007 CCASS Total number of participants central bank central counterparties (CCPs) central securities depositories banks 1 other Number of domestic participants Number of foreign participants CMU Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants Number of foreign participants
1
2008 21,973 nap nap nav 35 21,938 nap nap
19,571 nap nap nav 39 19,532 nap nap

2
Including brokers, investors, clearing agency and stock pledgee participants. CMU is a CSD which provides clearing and settlement services for debt securities in Hong Kong SAR. These services are integrated with the depository services.
154
Hong Kong SAR
Table 23

(thousands, end of year) 2007 CCASS Total number of securities held debt securities short-term paper bonds equity 1 other CMU Total number of securities held debt securities short-term paper bonds
1
2008 5,741 74 nav nav 1,268 4,399
2009 6,542 77 nav nav 1,326 5,139
2010 7,818 79 nav nav 1,420 6,319
2011 6,617 79 nav nav 1,502 5,036
5,997 73 nav nav 1,248 4,676
1.172 1.172 0.136 1.036
0.995 0.995 0.173 0.822
0.892 0.892 0.141 0.751
1.138 1.138 0.331 0.807
1.562 1.562 0.620 0.942
Including preference shares, registered/derivative warrants, equity-linked instruments, CBBCs, unit trust/mutual funds, rights and depository receipts. 2 CMU is a CSD which provides clearing and settlement services for debt securities in Hong Kong SAR. These services are integrated with the depository services.
Table 24

(HKD billions, end of year) 2007 CCASS Total value of securities held debt securities equity other1 CMU Total value of securities held debt securities short-term paper bonds
1
2008 5,040.54 nav nav 5,040.54
2009 9,245.11 nav nav 9,245.11
2010 11,294.45 nav nav 11,294.45
2011 9,599.91 nav nav 9,599.91
10,438.86 nav nav 10,438.86
399.17 399.17 105.64 293.52
391.68 391.68 122.86 268.82
760.14 760.14 489.87 270.27
1,000.16 1,000.16 656.08 344.08
1,265.25 1,265.25 760.73 504.52
Including equity, debts, preference shares, registered/derivative warrants, equity-linked instruments, CBBCs, unit trusts/ mutual funds, rights and depository receipts. 2 CMU is a CSD which provides clearing and settlement services for debt securities in Hong Kong SAR. These services are integrated with the depository services.
155
Hong Kong SAR
Table 25

(thousands, total for the year) 2007 CCASS 1 Total number of delivery instructions DVP free of payment CMU Total number of delivery instructions DVP debt securities short-term paper bonds free of payment debt securities short-term paper bonds
1
2008 15,683 nav nav
2009 17,486 nav nav
2010 19,942 nav nav
2011 20,653 nav nav
16,671 nav nav
39.059 34.452 34.452 24.505 9.947 4.607 4.607 0.231 4.376
33.698 31.983 31.983 19.409 12.574 1.715 1.715 0.185 1.530
60.499 59.012 59.012 33.034 25.978 1.487 1.487 0.063 1.424
90.732 87.270 87.270 47.180 40.090 3.462 3.462 0.883 2.579
113.548 95.020 95.020 44.809 50.211 18.528 18.528 1.553 16.975
Both delivering and receiving instructions are counted.
Table 26

(HKD billions, total for the year) 2007 CCASS Total value of delivery instructions 1 DVP free of payment CMU Total value of delivery instructions DVP debt securities short-term paper bonds free of payment debt securities short-term paper bonds
1
2008 47,360.74 nav nav
2009 40,927.09 nav nav
2010 46,478.22 nav nav
2011 51,807.17 nav nav
50,622.17 nav nav
11,944.00 11,897.00 11,897.00 11,294.00 603.00 47.00 47.00 20.00 27.00
12,332.00 12,276.00 12,276.00 11,257.00 1,019.00 56.00 56.00 17.00 39.00
42,961.00 42,935.00 42,935.00 33,573.00 9,362.00 26.00 26.00 7.00 19.00
93,367.82 130,960.61 93,271.00 130,530.93 93,271.00 130,530.93 60,424.00 83,206.85 32,847.00 47,324.08 96.82 429.67 96.82 429.67 62.41 327.52 34.41 102.15
Both delivering and receiving instructions are counted.
156
India
Table 1

2007 1,138 49,864.3 43,817 6.4 39.41 41.29 2008 1,154 55,826.2 48,376 8.4 48.45 43.42 2009 1,170 64,573.5 55,191 10.9 46.68 48.40 2010 1,186 76,741.5 64,706 12.0 44.81 45.73 2011 1,202 88,558.0 73,676 8.8 53.27 46.47
Population (millions) GDP (INR billions) GDP per capita (INR) Consumer price inflation (%) Exchange rate (INR/USD): end of year average
Table 2

(INR billions, end of year) 2007 5,683.3 9,068.2 10,213.3 nap nav nav nav 2008 6,662.8 8,799.6 11,287.1 nap nav nav nav 2009 7,683.2 10,702.7 13,309.9 nap nav nav nav 2010 9,127.2 11,463.7 15,914.0 nap 9.383 nav nav 2011 10,247.3 10,565.1 16,977.3 nap 12.141 nav nav
Notes and coin in circulation outside banks Value of transferable deposits Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products on software- or network-based products
Table 3

(INR billions, average for December) 2007 3,284.5 2,597.6 nav nav 2008 2,912.8 2,052.4 nav nav 2009 3,523.0 2,752.1 nav nav 2010 4,235.1 3,388.1 nav nav 2011 3,562.9 3,323.3 nav nav
nav nav nav
nav nav nav
nav nav nav
nav nav nav
nav nav nav
157
India
Table 4
Banknotes and coin

(INR billions, end of year) 2007 5,907.23 5,815.98 1,412.19 2,631.08 1,345.75 265.08 41.08 93.33 21.11 6.36 2008 6,910.70 6,811.13 1,917.84 3,083.04 1,370.28 244.40 43.99 122.22 22.71 6.65 2009 7,994.71 7,883.00 2,382.52 3,644.79 1,383.64 210.57 46.81 185.36 22.33 6.98 2010 9,481.84 9,358.56 3,027.13 4,453.11 1,402.43 159.80 60.40 212.88 34.30 8.51 2011 10,662.88 10,528.30 3,468.81 5,128.07 1,411.88 174.38 70.20 230.02 36.43 8.51
Total banknotes and coin issued Total banknotes issued INR 1,000 INR 500 INR 100 INR 50 INR 20 INR 10 INR 5 INR 2
Total coin issued of which: INR 10 INR 5 INR 2 INR 1 other Banknotes and coin held by banks Banknotes and coin in circulation outside banks
91.25 nap 32.49 19.07 25.14 14.55 223.90 5,683.33
99.57 nap 35.70 22.36 26.96 14.55 247.90 6,662.80
111.71 1.61 39.12 26.77 29.66 14.55 311.49 7,683.22
123.28 3.01 45.35 30.68 32.67 14.58 354.63 9,127.21
134.58 6.48 49.90 36.40 34.41 7.39 415.59 10,247.29
158
India
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts (thousands) Value of accounts, all (INR billions) Memo: 1 Number of accounts, banks (thousands) Banks Number of institutions Number of branches or offices Number of accounts (thousands) of which: number of internet/PC-linked accounts (thousands) Value of accounts (INR billions) Public sector banks Number of institutions Number of branches or offices Value of accounts (INR billions) Private banks Number of institutions Number of branches or offices Value of accounts (INR billions) Regional rural banks Number of institutions Number of branches or offices Value of accounts (INR billions) 2 Urban co-operative banks Number of institutions Number of branches or offices Value of accounts (INR billions) Non-scheduled commercial banks Number of institutions Number of branches or offices Value of accounts (INR billions) Branches of foreign banks Number of institutions Number of branches or offices Value of accounts (INR billions) 16 nav nav nav 2008 16 nav nav nav 2009 17 0.004 2,435.2 0.133 2010 17 0.095 2,851.4 0.192 2011 17 0.093 2,232.9 0.197
1,943 83,942 nav nav 35,422.0 28 53,190 24,538.7 23 8,269 6,750.7 90 14,749 831.4 1,770 7,424 1,385.0 4 31 5.1 28 279 1,911.1
1,892 87,891 nav nav 43,216.3 27 55,921 31,127.5 22 8,965 7,363.8 86 15,144 990.8 1,721 7,522 1,587.3 4 44 6.2 32 295 2,140.8
1,843 90,356 nav nav 43,958.7 27 57,616 31,183.3 22 9,412 7,189.8 82 15,475 1,428.1 1,674 7,522 1,831.5 4 44 7.4 34 287 2,318.6
1,812 101,258 nav nav 59,884.0 26 64,673 43,729.8 21 12,001 10,027.6 82 16,034 1,590.4 1,645 8,178 2,120.3 4 53 9.0 34 319 2,406.9
1,787 108,119 nav nav 62,273.5 26 69,498 45,670.2 21 13,408 10,977.0 82 16,597 1,794.8 1,618 8,235 1,059.9 4 57 11.1 36 324 2,760.5
Other institutions offering payment services to non-banks: post office Number of institutions3 1 1 Number of branches or offices nav nav Value of accounts (INR billions) nav nav
1 nav nav
1 nav nav
1 nav nav
159
India
Table 5 (cont) 2007 Institutions offering payment services to non-banks (total) Number of institutions 1,944 Number of branches or offices 83,958 Number of accounts held by non-banks (thousands) nav of which: number of internet/PC-linked accounts Value of accounts held by non-banks (INR billions) Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
For Mumbai only. payment services.
1 2
2008 1,893 87,907 nav nav 43,216.3
2009 1,844 90,373 nav nav 46,393.9
2010 1,813 101,275 nav nav 62,735.4
2011 1,788 108,136 nav nav 64,506.4
nav 35,422.0
nav nav
nav nav
3
nav nav
nav 9,382.7
nav 12,140.6
Includes schedule and non-schedule urban cooperative banks.
Department of Post also provides
Table 6

(millions, end of year) 2007 Cards issued in the country Cards with a cash function1 Cards with a debit function
2008 162.36 137.43 0.23 24.70 nav nav
2009 200.56 181.97 0.26 18.33 nav nav
2010 245.96 227.84 0.07 18.04 117.42 nav
2011 296.40 278.28 0.47 17.65 107.444 nav
Cards with a credit function Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and emoney function 2 Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals
1
129.98 102.44 nap 27.55 nav nav
129.98 102.44
162.36 137.43
200.56 181.97
245.96 227.84
296.40 278.28
nap
nap
nap
nap
nap
0.030 0.030 nap 0.420 0.420 nav
0.040 0.040 nap 0.450 0.450 nav
0.060 0.060 nap 0.485 0.485 nav
0.075 0.075 nap 0.589 0.589 nav
0.096 0.096 nap 0.661 0.661 nav
Cooperative bank data not available.
Figures relate to debit cards only.
160
India
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 97.5 nap 97.5 127.1 2,096.2 1,862.1 nav 234.1 nap nap nap 1,460.6 nap 2008 133.9 nap 133.9 160.1 2,740.7 2,476.1 0.5 264.1 nap nap nap 1,397.4 nap 2009 198.2 nap 198.2 149.3 3,760.6 3,517.6 6.5 236.5 nap nap nap 1,379.1 nap 2010 299.4 nap 299.4 156.7 4,748.9 4,471.8 10.1 267.1 12.1 nav nav 1,387.4 nap 2011 403.2 nap 403.2 164.7 4,714.1 4,447.4 0.2 266.4 32.8 nav nav 1,341.9 nap
3,781.4 nav
4,432.1 nav
5,487.2 nav
6,604.6 nav
6,656.7 nav
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 1,779.6 2,353.0 ATM cash withdrawals 1,779.6 2,353.0 ATM cash deposits 1 nav nav POS payment transactions 316.5 387.2 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 1,772.4 2,348.6 ATM cash withdrawals 1,772.4 2,348.6 ATM cash deposits1 nav nav POS payment transactions 304.2 373.5 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 7.2 4.4 ATM cash withdrawals 7.2 4.4 ATM cash deposits nap nap POS payment transactions 12.3 13.7 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 2.3 2.9 ATM cash withdrawals 2.3 2.9 ATM cash deposits nap nap POS payment transactions 12.2 11.9 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
1
3,350.4 3,350.4 nav 404.3 nap nap 3,344.3 3,344.3 nav 388.5 nap nap 6.1 6.1 nap 15.8 nap nap 3.4 3.4 nap 13.6 nap nap
4,236.6 4,236.6 nav 502.2 nap nap 4,229.4 4,229.4 nav 484.2 nav 12.1 7.2 7.2 nap 18.0 nap nap 4.7 4.7 nap 22.0 nap nap
5,084.1 5,084.1 nav 647.5 nap nap 5,071.6 5,071.6 nav 629.0 nav 30.6 12.5 12.5 nap 18.5 nap nap 5.1 5.1 nap 27.9 nap nap
Some ATMs have the facility of cash deposit. This information is not collected.
161
India
Table 8
(INR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 492,171.1 nap 492,171.1 489.4 5,086.6 4,472.0 nav 614.5 nav 133,960.7 nap 2008 614,893.6 nap 614,893.6 669.8 7,008.4 6,317.9 4.8 685.7 nav 124,691.3 nap 2009 645,085.8 nap 645,085.8 698.2 9,440.4 8,742.5 54.1 643.9 nav 104,099.4 nap 2010 688,380.5 nap 688,380.5 736.5 11,680.2 11,530.0 73.6 76.6 17.65 101,341.3 nap 2011 743,123.9 nap 743,123.9 833.6 11,985.9 11,903.2 2.0 80.6 62.01 99,012.1 nap
631,707.7 nap
747,263.0 nap
759,323.7 nap
802,156.1 nap
855,017.4 nap
nap
nap
nap
nap
nap
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 4,381.51 6,164.56 ATM cash withdrawals 4,381.51 6,164.56 ATM cash deposits 1 nav nav POS payment transactions 705.06 839.03 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions 4,350.39 6,126.32 ATM cash withdrawals 4,350.39 6,126.32 ATM cash deposits nav nav POS payment transactions 600.28 729.53 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 31.12 38.24 ATM cash withdrawals 31.12 38.24 ATM cash deposits nav nav POS payment transactions 104.78 109.50 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 33.90 42.24 ATM cash withdrawals 33.90 42.24 ATM cash deposits nav nav POS payment transactions 54.31 59.21 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
1
8,491.14 8,491.14 nav 882.42 nav nav 8,445.28 8,445.28 nav 747.70 nap nap 45.86 45.86 nav 134.72 nap nap 45.61 45.61 nav 78.57 nap nap
11,153.77 11,153.77 nav 1,142.08 nav 17.65 11,099.63 11,099.63 nav 979.50 nap 17.65 54.13 54.13 nav 162.57 nap nap 64.62 64.62 nav 125.55 nap nap
11,469.65 11,469.65 nav 1,239.68 nav 113.53 11,385.97 11,385.97 nav 1,039.99 nap 113.53 83.68 83.68 nav 199.69 nap nap 73.68 73.68 nav 156.69 nap nap
Some ATMs have the facility of cash deposit. This information is not collected.
162
India
Table 9

(end of year) 2007 Large-value payment systems RTGS Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations 1 Other financial institutions Other Retail payment systems Cheque clearing 2 Number of participants Direct participants Banks Central bank Other direct participants Postal institution Indirect participants3 ECS/ NECS Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants NEFT 5 Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants3
2008
2009
2010
2011
105 105 95 1 9 nap nap nap 9 nap
106 106 97 1 8 nap nap nap 8 nap
119 119 106 1 12 nap nap 3 9 nap
120 120 107 1 12 nap nap 3 9 nap
128 128 114 1 13 nap nap 4 9 nap
115 115 113 1 1 1 nav
115 115 113 1 1 1 nav
211 115 113 1 1 1 96
212 115 113 1 1 1 97
209 117 115 1 1 1 92
nav nav nav nav nav nav nav nav nav nav nav
114 114 112 1 1 nav 1 nav nav nav nav
85 85 84 1 nav nav nav nav nav nav nav
89 89 88 1 nav nav nav nav nav nav nav
95 95 93 1 1 nav nav nav 1 nav nav
163
India
Table 9 (cont) 2007 Card based payment Number of participants6 Direct participants Banks Central bank Other direct participants Indirect participants
1
2008 53 53 53 nav nav nav
2009 54 54 54 nav nav nav
2010 54 54 54 nav nav nav
2011 53 53 53 nav nav nav
54 54 54 nav nav nav
Includes Deposit Insurance and Credit Guarantee Corporation of India. 2 Data pertain to Mumbai only. 3 Indicates submembers. 4 The participant details pertain to National ECS/NECS centralised at Mumbai. 5 Indicates participant details for NEFT system operationalised since November 2005. 6 Data pertain to Schedule Commercial Banks only.
164
India
Table 10

(millions, total for the year) 2007 Large-value payment systems RTGS Total transactions sent Concentration ratio in terms of volume (%) Retail payment systems Cheque clearing 1 Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of volume (%) ECS/ NECS Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of volume (%) NEFT Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of volume (%) Card based payment Total transactions sent2 credit transfers direct debits card payments 3 ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
5.84 40.0
13.37 41.0
33.24 33.0
49.26 40.6
55.03 45.1
1,460.56 nav nav nav nav nav 1,460.56 nav 73.2
205.49 78.37 127.12 nav nav nav nav nav 10.3
13.31 13.31 nav nav nav nav nav nav 0.7
2,096.17 nav nav 316.51 1,779.65 nav nav nav 15.9

2
The data are for total volume of cheques cleared in the country. 3 Data pertain to Schedule Commercial Banks only.
POS payment transactions (irrespective of type of card used).
165
India
Table 11

(INR billions, total for the year) 2007 Large-value and retail payment systems RTGS Total transactions sent Concentration ratio in terms of value (%) Retail payment systems Cheque clearing 1 Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of value (%) ECS/ NECS Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of value (%) NEFT Total transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of value (%) Card based payment Total transactions sent2 credit transfers direct debits card payments 3 ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of value (%)
1
2008
2009
2010
2011
273,183.3 47.0
322,798.8 46.2
394,533.6 46.0
484,872.3 44.4
539,307.5 42.5
134.0 nav nav nav nav nav 134.0 nav 92.8
5.1 nav nav 0.7 4.4 nav nav nav 0.5

2
The data are for total value of cheques cleared in the country. 3 Data pertain to Schedule Commercial Banks only.
POS payment transactions (irrespective of type of card used).
166
India
Table 12

(end of year) 2007 45 45 30 30 18 16 93 91 2008 43 44 31 30 20 18 94 92 2009 44 44 32 31 19 18 95 93 2010 43 43 35 34 24 19 102 96 2011 42 42 41 40 29 25 112 107
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

(thousands, total for the year) 2007 11,769 2,652 1,358 15,913 5,409 1,273 107 2008 13,860 2,961 1,383 17,612 6,504 1,425 126 2009 15,312 3,088 1,294 17,806 6,950 1,433 158 2010 17,817 3,550 1,461 19,485 7,417 1,631 289 2011 19,359 3,747 1,543 21,052 7,906 1,803 372
Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
167
India
Table 14

(end of year) 2007 NDS Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants NSE Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants BSE Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants 149 1 1 92 55 149 1 1 92 55 nap 2008 149 1 1 92 55 149 1 1 92 55 nap 2009 149 1 1 92 55 149 1 1 92 55 nap 2010 168 1 1 107 59 168 1 1 107 59 nap 2011 182 1 1 108 72 182 1 1 108 72 nap
1,075 nap nap nav nav 1,075 nap nap nav nav nap
1,371 nap 1 21 125 1,371 nap nap nav nav nap
168
India
Table 15

(thousands, end of year) 2007 NDS Total number of listed securities debt securities short-term paper bonds equity other NSE Total number of listed securities debt securities1 short-term paper bonds 2 equity other BSE Total number of listed securities debt securities equity other
1
2008 1.338 1.338 0.052 1.286 nap nap
2009 1.459 1.459 0.052 1.407 nap nap
2010 1.784 1.784 0.054 1.730 nap nap
2011 2.253 2.253 0.052 2.201 nap nap
1.284 1.284 0.040 1.244 nap nap
1.604 0.332 0.011 0.321 1.233 0.039
1.583 0.261 0.016 0.245 1.291 0.031
1.806 0.225 0.027 0.198 1.365 0.216
2.741 0.220 0.034 0.186 1.480 1.041
2.928 0.259 0.060 0.199 1.559 1.110
7.681 nav nav nav
7.729 nav nav nav
8.072 nav nav nav

2
7.910 nav nav nav
9.232 nav nav nav
Debentures issued by companies listed on the CM segment of the Exchange have been included. bonds issued by companies listed on the CM segment have been included.
Government securities and
Table 16

(INR billions, end of year) 2007 NDS Total market capitalisation/equity NSE Total market capitalisation/equity BSE Total market capitalisation/equity nav 2008 nav 2009 nav 2010 nav 2011 nav
48,581.2
28,961.9
60,091.7
67,026.2
6,096.5
51,380.1
30,860.8
61,656.2
68,390.8
62,149.1
169
India
Table 17

(millions, total for the year) 2007 NDS Total number of executed securities trades debt securities short-term paper bonds Total number of executed derivatives trades NSE Total number of executed securities trades debt securities 1 bonds equity other Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives BSE Total number of executed securities trades debt securities short-term paper equity Total number of executed derivatives trades financial futures 2 financial options 3 other financial derivatives 4
1
2008 0.246 0.246 0.007 0.239 nap
2009 0.317 0.317 0.009 0.308 nap
2010 0.332 0.332 0.008 0.325 nap
2011 0.061 0.061 0.009 0.053 nap
0.189 0.189 0.007 0.182 nap
1,172.731 0.009 0.009 1,172.389 0.333 425.013 360.187 64.827 nav nav nav nav
1,365.047 0.007 0.007 1,364.459 0.581 690.063 464.679 225.384 nav nav nav nav
1,681.572 0.090 0.090 1,681.244 0.238 1,058.062 702.666 355.396 nav nav nav nav
1,550.680 0.180 0.180 1,550.100 0.400 1,783.817 1,063.250 720.567 nav nav nav nav
1,437.733 0.310 0.310 1,436.860 0.564 2,178.605 1,006.121 1,172.484 nav nav nav nav
530.340 0.018 0.018 530.323 7.453 7.452 0.001 nav
540.798 0.420 0.420 540.379 0.679 0.679 0.000 nav

3
605.588 0.205 0.205 605.383 0.009 0.004 0.005 nav
528.589 0.120 0.120 528.469 0.006 0.006 0.000 nav
394.609 0.212 0.212 394.397 32.223 7.400 24.823 nav
Includes debentures. 2 Consists of index futures and company futures. options. 4 Consists of figures related to currency derivatives.
Consists of index-based options and company
170
India
Table 18

(INR billions, total for the year) 2007 NDS Total value of executed securities trades debt securities short-term paper bonds Total value of executed derivatives trades NSE Total value of executed securities trades debt securities short-term paper 1 bonds equity other Total value of executed derivatives trades financial futures financial options BSE Total value of executed securities trades debt securities short-term paper equity Total value of executed derivatives trades financial futures 2 financial options 3 other financial derivatives 4 commodity futures commodity options other commodity derivatives
1
2008 21,602.3 21,602.3 1,704.4 19,898.0 nap
2009 29,128.9 29,128.9 3,622.8 25,506.1 nap
2010 28,644.5 28,644.5 2,726.2 25,918.2 nap
2011 10,785.6 10,785.6 3,840.2 6,945.4 nap
16,538.5 16,538.5 1,719.1 14,819.4 nap
35,510.37 0.84 0.00 0.84 35,498.79 10.75
27,520.23 1.42 0.00 1.42 27,506.42 12.39
41,380.23 5.21 0.00 5.21 41,366.81 8.22
35,774.10 29.57 0.00 29.57 35,720.10 24.47
28,108.93 43.70 0.00 43.70 28,041.63 23.60
130,904.78 111,727.55 194,492.47 326,980.71 360,286.81 113,692.30 72,120.26 109,152.18 131,315.75 110,351.17 17,212.47 39,607.29 85,340.29 195,664.95 249,935.64
15,788.6 2.4 2.4 15,786.2 2,423.1 2,422.7 0.4 nav nav nav nav
11,000.7 7.5 7.5 10,993.2 126.4 126.4 0.1 nav nav nav nav
3
13,788.1 12.6 12.6 13,775.5 2.3 1.0 1.4 nav nav nav nav
11,050.3 26.1 26.1 11,024.2 1.5 1.5 0.0 nav nav nav nav
6,675.0 50.4 50.4 6,624.5 8,084.8 1,886.6 6,198.1 nav nav nav nav
Includes debentures. 2 Consists of index futures and company futures. options. 4 Consists of figures related to currency derivatives.
Consists of index-based options and company
171
India
Table 19

(end of year) 2007 CCIL Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members NSCCL Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members BOISL Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members 204 nap nap 123 81 204 nap nap 123 81 nap 2008 204 nap nap 118 86 204 nap nap 118 86 nap 2009 223 nap nap 127 96 223 nap nap 127 96 nap 2010 237 nap nap 128 109 237 nap nap 128 109 nap 2011 245 nap nap 130 115 245 nap nap 130 115 nap
1,382 nap nap 26 1356 1,382 nap nap 26 1356 nap
1,002 nap nap 12 990 1,002 nap nap 12 990 nap
1,325 nap nap 11 1314 1,325 nap nap 11 1,314 nap
1,370 nap nap 11 1359 1,370 nap nap 11 1,359 nap
172
India
Table 20

(millions, total for the year) 2007 CCIL Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds of which: number of repurchase transactions cleared debt securities Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared financial futures financial options other financial derivatives 1 NSCCL Total number of contracts and transactions cleared Number of securities transactions cleared debt securities equity2 other of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared financial futures 3 financial options 4 other financial derivatives commodity futures commodity options other commodity derivatives Number of OTC derivatives contracts cleared
2008
2009
2010
2011
0.471 0.215 0.215 nav nav
0.580 0.270 0.270 nav nav
0.720 0.350 0.350 nav nav
0.755 0.363 0.363 nav nav
0.920 0.440 0.440 0.030 0.410
0.027 0.027
0.020 0.020
0.030 0.030
0.030 0.030
0.030 0.030
nap 0.04 nap nap 0.04
1,597.7 1,172.7 nav 1,172.7 nav
2,054.0 1,363.9 nav 1,363.9 nav
2,736.9 1,678.8 nav 1,678.8 nav
3,331.8 1,548.0 nav 1,548.0 nav
3,615.8 1,437.2 nav 1,437.2 nav
nav
nav
nav
nav
nav
425.0 360.2 64.8 nav nav nav nav nav
1,058.1 702.7 355.4 nav nav nav nav nav
1,783.8 1,063.2 720.6 nav nav nav nav nav
2,178.6 1,006.1 1,172.5 nav nav nav nav nav
173
India
Table 20 (cont) 2007 BOISL Total number of contracts and transactions cleared Number of securities transactions cleared debt securities equity other of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared
1
2008
2009
2010
2011
530.3 530.3 nav nav nav
540.8 540.8 nav nav nav
605.6 605.6 nav nav nav
528.7 528.7 nav nav nav
394.6 394.6 nav nav nav
nap
nap
nap
nap
nap
nav nap
nav nap
nav nap
nav nap
nav nap
CCIL provides central trade processing services in Rupee Interest Rate Swaps (IRS) and Forward Rate Agreements (FRA). CCIL extends post-trade processing services such as Interest Rate Reset, Tracking payment obligation of members on their outstanding contracts etc and settlement on a Non Guaranteed basis. 2 Transactions cleared in cash segment. 3 Data pertain to stock and index futures. 4 Data pertain to stock and index options.
174
India
Table 21

(INR billions, total for the year) 2007 CCIL Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds of which: value of repurchase transactions cleared debt securities short-term paper bonds Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared 1 financial futures financial options other financial derivatives NSCCL Total value of contracts and transactions cleared Value of securities transactions cleared debt securities equity2 other of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared financial futures 3 financial options 4 other financial derivatives commodity futures commodity options other commodity derivatives Value of OTC derivatives contracts cleared
2008
2009
2010 94,138.49 69,702.36 69,702.36 nav nav
2011 98,142.55 72,520.80 72,520.80 18,993.58 53,527.22
79,465.30 56,026.02 56,026.02 nav nav
90,825.50 104,936.52 62,545.19 62,545.19 nav nav 89,867.19 89,867.19 nav nav
39,487.51 39,487.51 nap nap
40,942.86 40,942.86 nap nap
60,728.29 60,728.29 nap nap
40,992.84 40,992.84 nap nap
37,638.77 37,638.77 nap nap
nap 23,439.28 nap nap 23,439.28
nap 28,280.31 nap nap 28,280.31
nap 15,069.33 nap nap 15,069.33
nap 24,436.13 nap nap 24,436.13
nap 25,621.75 nap nap 25,621.75
11,293.22 9,728.03 nav 9,728.03 nav
7,037.42 6,115.35 nav 6,115.35 nav
9,958.65 9,177.05 nav 9,177.05 nav
10,657.89 9,792.69 nav 9,792.69 nav
8,658.58 7,852.68 nav 7,852.68 nav
nav
nav
nav
nav
nav
175
India
Table 21 (cont) 2007 BOISL Total value of contracts and transactions cleared Value of securities transactions cleared debt securities equity other of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared
1
2008 2,309.55 2,309.55 nav nav nav
2009 3,121.00 3,121.00 nav nav nav
2010 3,028.80 3,028.80 nav nav nav
2011 1,819.46 1,819.46 nav nav nav
4,778.29 4,778.29 nav nav nav
nav
nav
nav
nav
nav
nav nap
nav nap
nav nap
nav nap
nav nap
Post-trade processing, including arriving at settlement obligation (clearing) of OTC derivatives (IRS & FRAs) is being undertaken from August 2007. 2 Transactions cleared in cash segment. 3 Data pertain to stock and index futures. 4 Data pertain to stock and index options.
176
India
Table 22

(end of year) 2007 RBI (SSS) Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other 1 Number of foreign participants NSDL Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants CDSL Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants
1
2009 168 1 1 2 94 70 168 1 1 2 94 70 nav
2010 228 1 1 2 111 113 228 1 1 2 111 113 nav
2011 242 1 1 2 108 130 242 1 1 2 108 130 nav
250 nap 7 nap 54 189 250 nap 7 nap 54 189 nap
415 nap 5 0 45 365 415 nap 5 0 45 365 nap
466 nap 5 0 46 415 466 nap 5 0 46 415 nap
502 nap 7 0 47 448 502 nap 7 0 47 448 nap
551 nap 7 0 45 499 551 nap 7 0 45 499 nap
567 nap 7 0 43 517 567 nap 7 0 43 517 nap
Includes financial institutions, primary dealers, insurance companies, state government, provident funds, mutual funds and trusts.
177
India
Table 23

(millions, end of year) 2007 RBI (SSS) Total number of securities held debt securities short-term paper bonds equity 1 other NSDL Total number of securities held debt securities short-term paper bonds equity other CDSL Total number of securities held debt securities short-term paper bonds equity other
1
2008 nav nav nav nav nap nav
2009 0.002 0.002 0.000 0.002 nap 0.000
2010 0.002 0.002 0.000 0.002 nap 0.000
2011 0.002 0.002 0.000 0.002 nap 0.000
nav nav nav nav nap nav
236,897.0 6,830.0 21.000 6,809.0 214,325.3 15,741.7
282,870.0 7,008.2 24.300 6,983.9 259,399.1 16,462.8
351,137.8 9,847.5 40.100 9,807.4 322,754.0 18,536.3
471,304.5 11,218.4 55.962 11,162.4 427,472.3 32,613.8
579,801.0 10,768.5 56.215 10,712.3 529,713.7 39,318.8
49.8 0.9 0.0 0.9 47.8 1.1
70.8 0.9 0.0 0.9 68.5 1.4
78.0 0.9 0.0 0.9 74.9 2.2
104.9 0.9 0.0 0.9 99.1 4.9
133.6 0.2 0.0 0.2 120.7 12.7
Includes relief bonds.
Table 24

(INR billions, end of year) 2007 RBI (SSS) Total value of securities held debt securities short-term paper bonds other NSDL Total value of securities held debt securities short-term paper bonds equity other CDSL Total value of securities held debt securities short-term paper bonds equity other nav nav nav nav nav 2008 nav nav nav nav nav 2009 28,358.25 28,351.52 1,224.14 27,127.38 6.73 2010 33,684.16 33,601.88 2,331.33 31,270.55 82.28 2011 38,698.97 38,698.97 2,929.94 35,769.03 nav
43,769.5 7,255.1 2,460.2 4,794.9 35,239.8 1,274.7
31,066.2 8,808.0 2,875.5 5,932.6 21,114.6 1,143.6
56,178.4 12,117.7 4,793.0 7,324.7 43,110.3 950.5
66,078.7 15,259.4 6,570.5 8,688.8 49,747.9 1,071.4
71,322.8 17,101.6 6,715.4 10,386.2 53,001.6 1,219.6
5,897.4 234.4 9.8 224.6 5,638.8 24.2
4,394.1 230.5 11.4 219.1 4,131.3 32.2
8,386.1 326.7 11.1 315.6 8,011.4 47.9
10,814.2 376.5 66.8 309.7 10,329.5 108.2
10,205.7 338.7 35.7 303.0 9,663.9 203.1
178
India
Table 25

(thousands, total for the year) 2007 RBI (SSS) Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment NSDL Total number of delivery instructions DVP free of payment debt securities short-term paper bonds equity other CDSL Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other nav nav nav nav nav nap nav nav 2008 nav nav nav nav nav nap nav nav 2009 356.0 356.0 356.0 nav nav nap nav nav 2010 367.6 367.6 367.6 nav nav nap nav nav 2011 339.7 339.7 339.7 nav nav nap nav nav
192,392.8 nav 192,392.8 129.9 52.8 77.1 192,262.9 0
123,465.0 nav 123,465.0 178.0 93.5 84.4 123,287.1 0
175,295.0 nav 175,295.0 230.6 54.4 176.2 175,063.9 0
185,830.8 nav 185,830.8 409.0 101.4 307.6 185,289.8 132.1
118,101.7 nav 118,101.7 540.7 122.8 417.9 117,346.3 214.6
72,409.5 53,371.5 5.1 0 5.1 53,245.4 121.0 19,038.0 4.0 0.1 3.9 18,988.0 46.0
62,748.1 50,030.4 3.9 0 3.9 49,857.0 169.5 12,717.7 5.0 0.0 5.0 12,650.7 62.0
78,600.4 64,247.1 17.9 0 17.9 64,046.2 183.0 14,353.4 11.2 0.2 11.0 14,285.1 57.1
83,351.0 66,385.6 69.2 0 69.2 65,984.9 331.5 16,965.4 26.0 0.1 25.9 16,809.4 130.0
56,572.4 44,178.7 125.4 0.0 125.4 43,429.3 624.0 12,393.7 48.3 0.2 48.0 12,102.1 243.3
179
India
Table 26

(INR billions, total for the year) 2007 RBI (SSS) Total value of delivery instructions DVP debt securities short-term paper bonds equity other free of payment NSDL Total value of delivery instructions free of payment debt securities short-term paper bonds equity other CDSL Total value of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other nav nav nav nav nav nav nav nav 2008 nav nav nav nav nav nav nav nav 2009 97,855.9 97,855.9 97,855.9 nav nav nav nav nav 2010 644,281.2 644,281.2 644,281.2 nav nav nav nav nav 2011 644,281.2 644,281.2 644,281.2 nav nav nav nav nav
62,428.7 62,428.7 16,298.7 13,579.8 2,718.9 46,130.0 0
45,622.1 45,622.1 25,736.2 21,446.0 4,290.2 19,885.9 0
70,948.1 70,948.1 32,113.2 24,348.1 7,765.1 38,834.7 0.2
107,090.3 107,090.3 63,385.5 47,793.7 15,591.8 43,658.1 46.7
101,661.3 101,661.3 68,995.7 53,836.8 15,158.9 32,618.8 46.8
5,917.3 4,271.7 0.6 0 0.6 4,252.6 18.5 1,645.6 130.6 38.8 91.8 1,501.1 13.8
2,728.4 1,907.5 1.2 0 1.2 1,887.1 19.3 820.8 82.3 42.5 39.8 714.9 23.6
6,605.4 4,912.4 4.3 0 4.3 4,870.0 38.1 1,693.0 237.8 135.0 102.8 1,431.8 23.4
6,048.9 4,340.9 27.0 0 27.0 4,236.8 77.2 1,708.0 28.8 0 28.8 1,634.1 45.0
3,927.9 2,020.5 44.2 1.3 43.0 1,898.8 77.5 1,907.4 361.7 217.5 144.2 1,483.8 61.9
180
Italy
Table 1

2007 58,879.8 1,554.2 26,396 2.0 0.6793 0.7308 2008 59,336.5 1,575.1 26,546 3.5 0.7185 0.6835 2009 59,752.5 1,519.7 25,433 0.8 0.6942 0.7190 2010 60,051.5 1,553.2 25,864 1.6 0.7484 0.7559 2011 60,328.0 1,580.2 26,194 2.9 0.7729 0.7192
1
Yearly average.
Table 2

(EUR billions, end of year) 2007 nap 672.15 nap 12.261 0.357 0.357 0 2008 nap 729.12 nap 11.358 0.387 0.358 0.029 2009 nap 822.12 nap 11.234 0.733 0.706 0.027 2010 nap 822.27 nap 11.104 1.152 1.124 0.028 2011 nap 763.10 nap 10.430 1.319 1.288 0.031
Notes and coin in circulation outside banks 2 Value of transferable deposits 1 Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products on software- or network-based products
1 These figures are provided solely at an aggregated euro area level (see Euro area, Table 2). 2 Current account deposits held at credit institutions and the Post Office. Transferable deposits held at branches of foreign banks are included.
Table 3

Transferable balances held at the central bank required reserves free reserves 1 Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight 2 longer refinancing operations 3
1
12.184 0.003 21.492
11.686 0.383 49.956
15.979 0 26.329
16.819 0 47.571
6.073 0.145 194.863
End-of-year figures.
Other monetary policy operations vis--vis the Eurosystem.
Table 4
Banknotes and coin1

1
181
Italy
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts (thousands) Value of accounts (EUR billions) Memo: Number of accounts, all (thousands) Number of accounts, banks 97 0.265 9.87 nav 0.000 2008 87 0.309 19.72 0.590 0.281 2009 55 0.196 31.32 0.451 0.255 2010 53 0.218 43.08 0.438 0.220 2011 51 0.182 7.35 0.419 0.237
Banks 1 Number of institutions 821 798 Number of branches or offices 33,229 34,146 Number of accounts (thousands)2 34,228.0 34,408.5 of which: number of internet/PC-linked accounts (thousands) 3 9,852.0 11,086.5 Value of accounts (EUR billions) 661.38 709.32 Credit institutions legally incorporated in the reporting country Number of institutions 739 716 Number of branches or offices 33,074 33,922 Value of accounts (EUR billions) 656.34 701.84 Branches of euro area-based credit institutions Number of institutions 62 61 Number of branches or offices 81 82 Value of accounts (EUR billions) 3.46 4.80 Branches of EEA-based credit institutions (outside the euro area) Number of institutions 10 11 Number of branches or offices 60 129 Value of accounts (EUR billions) 0.88 1.29 Branches of foreign banks Number of institutions 10 10 Number of branches or offices 14 13 Value of accounts (EUR billions) 0.70 1.38 Other institutions offering payment services to non-banks Number of institutions 30 Number of branches or offices 12,985 Number of accounts (thousands) 5,232.0 Value of accounts 36.16 Institutions offering payment services to non-banks (total) Number of institutions 852 Number of branches or offices 46,311 Number of accounts held by non-banks (thousands) 39,460.0 of which: number of internet/PC-linked accounts (thousands) 9,852.0 Value of accounts held by non-banks 707.41 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions (EUR billions)
1
801 34,036 34,704.4 12,581.6 789.93 717 33,733 779.91 60 79 5.25 14 211 3.82 10 13 0.95
778 33,640 36,392.7 14,820.0 776.96 697 33,343 764.79 56 69 5.75 16 216 5.54 9 12 0.88
754 33,607 38,466.9 14,706.0 754.77 672 33,289 740.60 56 100 7.83 17 206 5.57 9 12 0.76
32 13,031 5,385.1 37.97
28 14,167 5,526.0 34.74
24 14,349 5,533.0 35.95
42 13,308 5,575.0 38.02
831 47,264 39,793.6 11,086.5 767.00
830 48,258 40,230.6 12,581.6 855.99
803 48,042 41,925.7 14,818.0 855.99
797 46,966 44,042.1 14,706.0 800.13
3 7.24
3 9.31
3 23.33
3 40.28
3
3 nav
Estimated.
4
Banks are included from the year in which the licence is granted. 2 Only current accounts are included. Includes the Post Office and other financial institutions operating in the credit card market.
182
Italy
Table 6

(thousands, end of year) 2007 Cards issued in the country Cards with a cash function1 Cards with a debit function Cards with a delayed debit function 2 Cards with a credit function 1 Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number 1 of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals 3 of which: EFTPOS terminals 4 E-money card terminals e-money card loading/unloading terminals e-money card payment terminals
1
2008 47,026.0 37,064.0 nav 35,984.0 8,208.0 8,208.0
2009 44,820.9 33,185.1 nav 35,029.3 10,626.9 10,626.9
2010 49,714.8 36,173.7 nav 33,864.8 12,362.3 12,362.3
2011 53,281.8 37,550.5 nav 29,804.8 14,202.9 14,202.9
40,276.0 33,097.0 nav 34,505.0 5,805.0 5,805.0
70,176.0 nap
83,010.0 nap
79,850.1 nap
83,579.6 nap
83,086.6 nap
nap
nap
nap
nap
nap
48.1 48.1 35.3 1,219.4 1,219.4 291.2 12.4 224.3
54.7 54.7 45.0 1,334.5 1,334.5 304.5 17.0 230.3
54.3 54.3 50.3 1,458.7 1,458.7 nav nav nav
51.4 51.4 46.8 1,223.8 1,223.8 nav nav nav
51.8 51.8 47.4 1,254.5 1,254.5 nav nav nav
Includes cards with an e-money function issued by the Post Office. 2 Includes cards with a delayed debit function. 3 From 2010 onwards, refers strictly to terminals pertaining to reporting banks (resident in Italy), including those managed by third parties. 4 Includes e-money card terminals owned by the Post Office.
183
Italy
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function 2 3 E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total number of transactions with payment 3 instruments 4 of which: cross-border transactions sent Memo: Cross-border transactions received4 1,094.72 783.74 310.98 508.79 1,329.26 825.35 nav 503.91 49.57 49.57 0 426.38 351.54 2008 1,062.86 743.95 318.91 554.08 1,395.92 873.31 nav 522.61 72.56 72.56 0 384.93 345.87 2009 1,210.02 791.37 418.65 575.82 1,467.76 908.55 nav 559.21 89.71 89.71 0 335.29 268.83 2010 1,227.20 762.48 464.73 593.17 1,502.41 914.75 nav 587.66 118.27 118.27 0 315.12 247.94 2011 1,261.72 765.33 496.40 600.70 1,566.87 981.12 nav 585.76 151.89 151.89 0 291.62 286.77
3,760.26 18.23
3,816.22 24.12
3,947.42 27.97
4,004.11 25.14
4,159.58 nav
25.75
24.77
126.34
96.80
104.72
Transactions per type of terminal Transactions at terminals in the country by cards issued in the country Cash transactions nav nav ATM cash withdrawals 4 489.46 541.66 ATM cash deposits nav nav POS payment transactions5 825.35 873.30 E-money card loading/unloading transactions3 29.71 41.11 E-money card payment transactions nav nav
1
nav 539.19 nav 1,444.37 nav nav
nav 708.73 nav 1,381.80 17.84 nav
nav 700.51 nav 1,745.99 23.37 nav
Book-entry transactions are not included. 2 Includes payments by cards with a delayed debit function. 3 Includes e-money purchase transactions with cards issued by the Post Office. 4 Until 2008 data refer to a sample of more than 60 Italian banks, representing on average more than 80% of current account deposits, that participate in a half-yearly survey on the payment system. From 2009, data refer to all Italian banks and the Post Office. Cross-border transactions sent do not include cross-border transactions by credit cards issued by other financial intermediaries. No interbank transactions are included. 5 Until 2008 transactions with credit cards are not included.
184
Italy
Table 8
Indicators of the use of payment instruments and terminals: value of transactions1

(EUR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function 2 3 E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total value of transactions with payment 3 instruments 4 of which: cross-border transactions sent Memo: Cross-border transactions received4 7,134.02 5,277.52 1,856.50 332.72 128.93 76.57 nav 52.36 3.38 3.38 0 1,167.06 821.28 2008 7,438.57 5,350.48 2,088.09 345.23 116.74 62.54 nav 54.20 4.58 4.58 0 1,092.70 819.96 2009 7,388.18 4,217.71 3,170.47 359.85 117.38 62.60 nav 54.77 5.20 5.20 0 913.51 603.67 2010 7,938.22 4,231.45 3,706.77 364.80 119.98 63.20 nav 56.77 7.42 7.42 0 845.22 559.43 2011 8,075.30 4,135.02 3,940.28 356.56 122.61 67.01 nav 55.60 9.71 9.71 0 793.32 688.35
9,587.38 1,285.29
9,817.79 1,530.69
9,387.78 1,313.26
9,835.06 1,379.75
10,045.84 nav
1,234.25
1,247.74
887.79
1,266.84
1,591.14
Transactions per type of terminal Transactions at terminals in the country by cards issued in the country Cash transactions 91.48 99.23 ATM cash withdrawals 4 91.08 97.91 ATM cash deposits 0.39 1.32 POS payment transactions5 76.57 80.96 E-money card loading/unloading transactions3 4.60 5.75 E-money card payment transactions nav nav
1
nav 91.87 nav 114.18 nav nav
nav 122.91 nav 120.56 5.85 nav
nav 123.84 nav 141.75 7.83 nav
Book-entry transactions are not included. 2 Includes payments by cards with a delayed debit function. 3 Includes e-money purchase transactions with cards issued by the Post Office. 4 Until 2008 data refer to a sample of more than 60 Italian banks, representing on average more than 80% of current account deposits, that participate in a half-yearly survey on the payment system. From 2009, data refersto all Italian banks and the Post Office. Cross-border transactions sent do not include cross-border transactions by credit cards issued by other financial intermediaries. No interbank transactions are included. 5 Until 2008 transactions with credit cards are not included.
185
Italy
Table 9

(end of year) 2007 Large-value payment systems TARGET component: BI-REL, TARGET2-IT Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants Retail payment systems BI-COMP Number of participants2 Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Indirect participants2
1
2008
2009
2010
2011
783 110 104 1 5 0 1 3 1 0 673
480 95 90 1 4 0 1 2 1 0 385
479 100 95 1 4 0 1 2 1 0 379
462 102 97 1 4 0 1 2 1 0 360
441 101 96 1 4 0 1 2 1 0 340
817 124 121 1 2 0 1 0 1 0 693
339 123 121 1 1 0 1 0 0 0 216
338 115 112 1 2 0 1 0 1 0 223
nav 89 86 1 2 0 1 0 1 0 nav
nav 89 86 1 2 0 1 0 1 0 nav
TARGET2 migration date: 19 May 2008.
Data are estimated.
186
Italy
Table 10

(millions, total for the year) 2007 Large-value payment systems TARGET component: BI-REL, TARGET2-IT Credit transfers sent credit transfers sent within BI-REL credit transfers sent to another TARGET component
2
2008
2009
2010
2011
11.50 9.35 2.15
9.50 7.26 2.24
8.66 6.19 2.47
8.68 5.87 2.81
8.65 5.69 2.96
Memo: Credit transfers received from another TARGET component Concentration ratio in terms of volume (%) Retail payment systems BI-COMP Total number of transactions credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments 3 Concentration ratio in terms of volume (%)
1
2.62 48.9
2.45 59.1
3.43 55.3
3.87 42.9
4.23 44.0
1,992.05 346.29 500.96 630.66 172.58 0.12 337.48 3.97 46.0
2,024.86 358.96 522.34 650.39 189.46 0.13 299.75 3.83 54.3
2,003.85 367.97 508.99 670.25 184.42 0.15 268.54 3.55 52.0
2,041.15 379.02 508.08 715.24 182.11 0.15 253.41 3.15 49.0
2,106.14 394.41 520.84 763.57 185.88 0.15 238.31 2.99 51.7
The table contains both customer and interbank transactions. 2 TARGET2 migration date: 19 May 2008. 3 Payments between the banking system and the State Treasury, the Bank of Italy or the Post Office, and bills of exchange, interest and dividends paid on private securities deposited at Monte Titoli.
187
Italy
Table 11

(EUR billions, total for the year) 2007 Large-value payment systems TARGET component: BI-REL, TARGET2-IT Credit transfers sent credit transfers sent within BI-REL credit transfers sent to another TARGET component
2
2008
2009
2010
2011
42,117.16 27,484.23 14,632.93
41,126.56 27,139.63 13,986.93
32,241.30 20,416.91 11,824.39
33,051.54 20,077.44 12,974.10
33,051.54 20,077.44 12,974.10
Memo: Credit transfers received from another TARGET component Concentration ratio in terms of value (%) Retail payment systems BI-COMP Total value of transactions credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments 3 Concentration ratio in terms of value (%)
1
14,639.89 50.7
13,999.99 52.8
11,842.80 57.7
12,781.44 56.5
12,781.44 56.5
3,375.114 1,533.927 747.150 44.544 25.486 0.000 930.933 93.074 43.9
3,447.991 1,610.339 781.842 45.670 28.162 0.000 863.260 118.717 50.4
3,094.105 1,469.744 685.766 46.474 27.655 0.027 752.586 111.853 52.0
3,047.837 1,465.262 678.181 49.299 27.450 0.024 709.711 117.910 53.8
3,098.211 1,523.159 719.189 51.862 27.970 0.025 666.583 109.423 57.0
The table contains both customer and interbank transactions. 2 TARGET2 migration date: 19 May 2008. 3 Payments between the banking system and the State Treasury, the Bank of Italy or the Post Office, and bills of exchange, interest and dividends paid on private securities deposited at Monte Titoli.
188
Italy
Table 12

(end of year) 2007 118 118 104 103 61 44 283 265 2008 112 112 101 100 75 57 288 269 2009 113 113 100 98 78 60 291 271 2010 111 111 96 93 81 66 288 270 2011 105 105 100 98 92 75 297 278
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
189
Italy
Table 14

(end of year) 2007 Borsa Italiana Total number of participants MTS Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other PCT Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other nav 2008 nav 2009 nav 2010 nav 2011 nav
100 1 0 86 13 64 1 0 57 6 36 0 0 29 7
90 1 2 72 15 57 1 1 49 6 33 0 1 23 9
93 1 2 66 24 59 1 1 49 8 34 0 1 17 16
87 1 2 61 23 50 1 1 42 6 37 0 1 19 17
88 1 2 64 21 50 1 1 44 4 38 0 1 20 17
115 1 0 93 21 70 1 0 58 11 45 0 0 35 10
79 2 2 56 19 55 1 1 42 11 24 1 1 14 8
113 2 2 74 35 67 1 1 50 15 46 1 1 24 20
109 2 2 72 33 59 1 1 44 13 50 1 1 28 20
109 2 2 76 29 60 1 1 49 9 49 1 1 27 20
190
Italy
Table 15

(end of year) 2007 Borsa Italiana Total number of listed securities MTS Total number of listed securities debt securities short-term paper bonds PCT Total number of listed securities debt securities short-term paper bonds nav 2008 nav 2009 nav 2010 nav 2011 nav
88 88 nav nav
90 90 nav nav
105 105 nav nav
113 113 nav nav
113 113 nav nav
386 386 nav nav
506 506 nav nav
544 544 nav nav
777 777 nav nav
822 822 nav nav
Table 16

Details are not available.
191
Italy
Table 17

(thousands, total for the year) 2007 Borsa Italiana Total number of executed securities trades Total number of executed derivatives trades MTS Total number of executed securities trades debt securities short-term paper bonds Total number of executed derivatives trades PCT Total number of executed securities trades debt securities short-term paper bonds Total number of executed derivatives trades nav nav 2008 nav nav 2009 nav nav 2010 nav nav 2011 nav nav
337 337 nav nav nav
175 175 nav nav nav
133 133 nav nav nav
160 160 nav nav nav
149 149 nav nav nav
653 653 nav nav nav
621 621 nav nav nav
544 544 nav nav nav
624 624 nav nav nav
742 742 nav nav nav
Table 18

(EUR billions, total for the year) 2007 Borsa Italiana Total value of executed securities trades Total value of executed derivatives trades MTS Total value of executed securities trades debt securities short-term paper bonds Total value of executed derivatives trades PCT Total value of executed securities trades debt securities short-term paper bonds Total value of executed derivatives trades nav nav 2008 nav nav 2009 nav nav 2010 nav nav 2011 nav nav
1,664.9 1,664.9 nav nav nav
873.4 873.4 nav nav nav
728.7 728.7 nav nav nav
880.1 880.1 nav nav nav
868.4 868.4 nav nav nav
17,722.3 17,722.3 nav nav nav
17,205.7 17,205.7 nav nav nav
17,184.4 17,184.4 nav nav nav
18,103.3 18,103.3 nav nav nav
18,123.3 18,123.3 nav nav nav
192
Italy
Table 19

(end of year) 2007 CCG Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other LCH.Clearnet SA 2 Total number of clearing members
1
2008 75 0 1 51 23 61 0 0 46 15 14 0 1 5 8
2009 70 0 1 48 21 56 0 0 43 13 14 0 1 5 8
2010 71 0 1 52 18 55 0 0 46 9 16 0 1 6 9
2011 71 0 1 56 14 56 0 0 50 6 15 0 1 6 8
74 0 1 50 23 61 0 0 44 17 13 0 1 6 6
nav
nav
nav
nav
nav
Direct clearing members.
193
Italy
Table 20

(thousands, total for the year) 2007 CCG Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds equity other of which: number of repurchase transactions cleared debt securities short-term paper bonds Number of exchange-traded derivatives contracts cleared financial futures financial options other financial derivatives Number of OTC derivatives contracts cleared LCH.Clearnet SA Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds of which: number of repurchase transactions cleared debt securities short-term paper bonds Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared 2008 2009 2010 2011
222,053.0 147,799.0 717.0 nav 406.0 146,524.0 558.0
213,518.0 141,653.0 513.0 nav 217.0 140,925.0 215.0
218,909.3 133,143.0 603.0 nav 221.0 132,192.0 348.0
221,893.3 133,408.0 1,653.0 nav 371.0 131,304.0 451.0
251,319.5 154,697.8 11,222.2 nav 2,064.0 143,234.3 241.3
311.0 311.0 nav nap
296.0 296.0 nav nap
382.0 382.0 nav nap
581.0 581.0 nav nap
787.2 787.2 nav nap
74,254.0 26,203.0 48,051.0 nap nap
71,865.0 24,489.0 47,375.0 1.0 nap
85,766.3 35,747.2 50,009.1 10.0 nap
88,485.3 41,489.8 46,983.8 11.7 nap
96,621.7 41,523.2 55,091.3 7.2 nap
1,109.0 1,109.0 1,109.0 nav nav
907.0 907.0 907.0 98.7 808.7
897.0 897.0 897.0 100.0 798.0
1,169.7 1,169.7 1,169.7 154.1 1,015.6
1,432.2 1,432.2 1,432.2 220.0 1,212.3
643.0 643.0 nav nav
654.0 654.0 45.3 608.9
699.0 699.0 58.0 642.0
922.8 922.8 104.9 817.9
1,166.4 1,166.4 159.6 1,006.7
nap nap
nap nap
nap nap
nap nap
nap nap
194
Italy
Table 21

(EUR billions, total for the year) 2007 CCG Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds equity other of which: value of repurchase transactions cleared debt securities short-term paper bonds Value of exchange-traded derivatives contracts cleared financial futures financial options other financial derivatives Value of OTC derivatives contracts cleared LCH.Clearnet SA Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds of which: value of repurchase transactions cleared debt securities short-term paper bonds Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared 13,151.16 10,924.18 7,715.53 nav 1,104.92 3,207.01 1.64 2008 11,286.74 9,663.63 7,510.61 nav 494.79 2,152.78 0.24 2009 15,982.02 14,943.81 13,492.34 nav 382.36 1,451.03 0.44 2010 21,481.86 20,163.31 18,509.24 nav 5.43 1,653.63 0.43 2011 22,852.37 21,518.67 19,938.88 nav 30.49 1,579.55 0.23
6,610.62 6,610.62 nav nap
7,015.82 7,015.82 nav nap
13,109.98 13,109.98 nav nap
17,931.94 17,931.94 nav nap
18,701.98 18,701.98 nav nap
2,226.98 2,212.22 14.76 nap nap
1,623.12 1,604.08 18.78 0.26 nap
1,038.21 1,020.15 15.95 2.11 nap
1,318.55 1,305.65 10.75 2.16 nap
1,333.70 1,314.10 17.83 1.77 nap
19,183.99 19,183.99 19,183.99 nav nav
19,022.44 19,022.44 19,022.44 665.30 18,357.14
22,509.03 22,509.03 22,509.03 1,751.17 20,757.86
27,623.35 27,623.35 27,623.35 2,747.70 24,875.65
29,781.44 29,781.44 29,781.44 3,710.94 26,070.49
16,828.24 16,828.24 nav nav
17,674.00 17,674.00 429.87 17,244.13
21,301.78 21,301.78 1,490.49 19,811.29
26,140.81 26,140.81 2,448.04 23,692.77
28,210.30 28,210.30 3,287.38 24,922.92
nap nap
nap nap
nap nap
nap nap
nap nap
195
Italy
Table 22

(end of year) 2007 Monte Titoli Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other 356 1 2 10 206 137 341 1 1 0 202 137 15 0 1 10 4 0 2008 325 1 4 10 187 123 308 1 1 0 183 123 17 0 3 10 4 0 2009 299 1 4 9 168 117 283 1 1 0 164 117 16 0 3 9 4 0 2010 288 1 6 9 153 119 269 1 1 0 149 118 19 0 5 9 4 1 2011 266 1 7 9 134 115 246 1 1 0 130 114 20 0 6 9 4 1
Table 23

(thousands, end of year) 2007 Monte Titoli Total number of securities held debt securities short-term paper bonds equity other 45.70 38.00 nav nav 1.00 6.00 2008 45.40 38.40 nav nav 1.30 5.70 2009 43.00 37.20 nav nav 1.10 4.70 2010 43.18 36.80 nav nav 1.10 5.30 2011 42.71 35.32 nav nav 1.09 6.30
Table 24

(EUR billions, end of year) 2007 Monte Titoli1 Total value of securities held debt securities short-term paper bonds equity other
1
2008 2,732.49 2,019.77 128.64 1,891.13 647.42 65.30
2009 2,824.79 2,312.76 156.32 2,156.44 485.73 26.30
2010 2,971.42 2,434.23 137.89 2,296.34 512.48 24.71
2011 3,209.77 2,526.19 122.15 2,404.04 656.98 26.60
2,772.10 1,876.70 113.30 1,763.40 816.80 78.60
Market value.
196
Italy
Table 25

(thousands, total for the year) 2007 Monte Titoli Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
1
2008 26,033 23,194 8,374 1,014 7,360 10,821 3,999 2,839 1,038 52 986 1,748 53
2009 28,588 26,238 9,355 530 8,825 12,582 4,301 2,350 892 50 842 1,403 55
2010 25,908 23,382 9,399 370 9,029 11,209 2,774 2,526 892 47 845 1,566 68
2011 23,490 20,705 6,665 441 6,225 10,915 3,124 2,785 1,051 56 995 1,680 54
30,337 27,680 7,020 987 6,033 14,522 6,138 2,657 957 107 850 1,660 40
Includes transactions processed by the SSS (delivery instructions). Excludes multilateral net balances from the SSS.
Table 26

(EUR billions, total for the year) 2007 Monte Titoli Total value of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
1
2008 67,195.4 45,922.9 43,337.8 2,504.6 40,833.3 2,557.5 27.5 21,272.6 19,134.7 970.6 18,164.1 2,097.6 40.3
2009 72,031.9 48,096.9 46,350.8 5,644.7 40,706.2 1,726.7 19.4 23,935.0 22,937.2 1,996.2 20,941.0 945.1 52.7
2010 77,357.0 52,357.2 50,366.6 6,376.8 43,989.7 1,969.5 21.2 24,999.8 23,769.5 1,512.7 22,256.9 1,203.7 26.6
2011 72,160.3 48,045.7 45,983.1 5,831.0 40,152.1 2,039.5 23.1 24,114.6 22,195.8 1,674.1 20,521.7 1,870.6 48.3
69,423.0 50,705.2 47,225.8 3,735.8 43,490.0 3,382.4 97.0 18,717.9 15,943.8 1,107.4 14,836.4 2,745.0 29.1
Includes transactions processed by the SSS (delivery instructions). Excludes multilateral net balances from the SSS.
197
Italy
198
Japan
Table 1

2007 127,771 512,975 4,014.8 0.1 112.04 117.77 2008 127,692 501,209 3,925.1 1.4 90.64 103.44 2009 127,510 471,139 3,694.9 -1.3 92.43 93.54 2010 128,057 481,785 3,762.3 -0.7 81.31 87.71 2011 127,799 468,191 3,663.5 -0.3 77.44 79.70
Population (thousands) GDP (JPY billions) GDP per capita (JPY thousands) Consumer price inflation (%) Exchange rate (JPY/USD): end of year average
1
As of 1 October. Sources: Bank of Japan; Ministry of Internal Affairs and Communications.
Table 2

(JPY billions, end of year) 2007 73,617.7 421,308.0 498,683.8 2,550.1 69.5 69.5 nav 2008 73,888.7 417,335.8 493,923.1 3,629.9 85.7 85.7 nav 2009 74,183.4 421,845.5 498,573.2 4,387.5 104.0 104.0 nav 2010 75,756.6 436,902.8 515,307.3 5,076.7 123.6 123.6 nav 2011 77,529.8 461,424.5 541,397.4 5,367.2 nav nav nav
Notes and coin in circulation outside banks Value of transferable deposits2 Narrow money supply (M1) Memo: Transferable deposits in foreign currencies 3 Outstanding value on e-money storages4 on card-based products on software- or network-based products
1 2
Notes and coin held by private corporations, individuals and local governments (non-banks). Includes commemorative coins. Demand deposits held at all deposit-taking institutions. 3 Demand deposits held at domestically licensed banks, branches of foreign banks and shinkin banks. 4 Sum of available data. Source: Bank of Japan.
199
Japan
Table 3

(JPY billions, end of year except as noted) 2007 7,476.7 7,079.2 397.5 6,046.8 94,395.7 22,155.1 nav nav 2008 10,093.4 7,121.3 2,972.1 9,147.5 100,343.7 22,091.6 nav nav 2009 14,288.3 7,259.9 7,028.4 7,704.4 104,036.6 30,993.6 nav nav 2010 17,701.1 7,398.8 10,302.3 10,467.9 107,106.2 37,255.1 nav nav 2011 30,716.4 7,598.7 23,117.7 8,253.8 123,457.0 33,215.3 nav nav
Transferable balances held at the central bank1 required reserves free reserves Transferable balances held at other banks2 Memo: Credit extended by the central bank: 3 intraday overnight longer-term refinancing operations
1
Balances held by deposit-taking institutions subject to the reserve requirement system; average for the December reserve maintenance period. 2 Aggregate of balances held at domestically licensed banks and shinkin banks; as of end-September. 3 Yearly peak average; estimated. Source: Bank of Japan.
Table 4
Banknotes and coin1

(JPY billions, average of December) 2007 85,855.2 81,277.8 74,048.8 2,892.4 311.2 3,865.1 4,577.4 1,942.9 1,057.6 226.2 206.8 60.0 40.8 12,237.5 73,617.7 2008 86,068.7 81,478.3 74,264.6 2,931.0 264.5 3,859.5 4,590.4 1,971.9 1,058.4 224.2 204.8 59.1 40.6 12,180.0 73,888.7 2009 85,510.7 80,954.3 73,815.2 2,904.5 234.0 3,843.2 4,556.4 1,975.2 1,041.3 219.7 201.6 57.9 40.1 11,327.3 74,183.4 2010 86,855.7 82,314.4 75,120.5 2,938.7 217.0 3,882.3 4,541.3 1,984.0 1,034.6 217.6 199.2 57.0 39.7 11,099.1 75,756.6 2011 88,546.6 83,996.8 76,749.1 2,950.3 209.0 3,934.0 4,549.7 2,008.0 1,033.6 218.3 197.2 56.1 39.2 11,016.8 77,529.8
Total banknotes and coin issued Total banknotes issued of which: JPY 10,000 JPY 5,000 JPY 2,000 JPY 1,000 Total coin issued of which: JPY 500 JPY 100 JPY 50 JPY 10 JPY 5 JPY 1
3 2
Banknotes and coin held by banks Banknotes and coin in circulation outside banks
1 3
Includes commemorative coins. 2 Includes some types of banknotes which are no longer printed but are still in circulation. Includes some types of coins which are no longer minted but are still in circulation. Source: Bank of Japan.
200
Japan
Table 5

(end-March of the following year except as noted) 2007 Central bank Number of branches or offices Number of accounts Value of accounts Memo: Number of accounts, all (thousands) 1 Value of accounts, all (JPY billions) Banks Number of institutions Number of branches or offices Number of accounts (thousands) of which: number of internet/PC-linked accounts 2 (thousands) 1 Value of accounts (JPY billions) 3 Domestically licensed banks Number of institutions Number of branches or offices 1 Value of accounts (JPY billions) 4 Cooperative and rural banks Number of institutions Number of branches or offices Value of accounts (JPY billions)1, 5 Branches of foreign banks Number of institutions Number of branches or offices Value of accounts (JPY billions)1 33 nav nav 0.573 7,922.2 2008 33 nav nav 0.567 13,393.6 2009 33 nav nav 0.556 15,128.7 2010 33 nav nav 0.554 28,549.8 2011 33 nav nav 0.554 27,510.6
1,655 55,714 408,314 36,304 377,451.3 147 36,068 339,376.5 1,444 19,561 37,534.4 64 85 540.4
1,586 55,308 405,351 39,226 378,088.5 147 36,070 339,556.5 1,377 19,152 38,017.3 62 86 514.7
1,542 55,034 403,624 46,999 380,705.0 145 36,117 341,538.7 1,338 18,834 38,591.4 59 83 574.9
1,524 54,927 400,363 51,283 395,800.9 143 36,176 355,402.0 1,323 18,671 39,717.0 58 80 681.9
nav nav nav nav nav nav nav nav nav nav nav nav nav nav
Other institutions offering payment services to non-banks: Japan Post Bank Number of institutions nap nap Number of branches or offices nap nap Number of accounts (thousands) nap nap Value of accounts (JPY billions) nap nap Institutions offering payment services to non-banks (total) Number of institutions 1,656 Number of branches or offices 55,747 Number of accounts held by non-banks (thousands) 408,314 of which: number of internet/PC-linked accounts (thousands) 2 36,304 Value of accounts held by non-banks (JPY billions) 377,451.3
6
nap nap nap nap
nap nap nap nap
nap nap nap nap
1,587 55,341 405,351 39,226 378,088.5
1,543 55,067 403,624 46,999 380,705.0
1,525 54,960 400,363 51,283 395,800.9
nav nav nav nav nav
201
Japan
Table 5 (cont) 2007 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
2008
2009
2010
2011
nav nav
nav nav
nav nav
nav nav
nav nav
Average for March of the following year. 2 Based on a survey conducted by the Centre for Financial Industry Information Systems; the number of accounts used only for mobile banking is excluded. 3 Includes city banks, regional banks, regional banks II, trust banks and Yucho Bank. 4 Includes shinkin banks, Shinkin Central Bank, Norinchukin Bank, Shoko Chukin Bank, Shinkumi Federation Bank, National Federation of Labour Credit Associations, credit cooperatives, labour credit associations, agricultural cooperatives and fishery cooperatives. 5 Figures for shinkin banks only. 6 Sum of available data. Sources: Bank of Japan; Japan Post Bank; Centre for Financial Industry Information Systems; Japanese Bankers Association.
Table 6

(end-March of the following year except as noted) 2007 Cards issued in the country (millions) Cards with a cash function1 Cards with a debit function2 Cards with a credit function Cards with an e-money function3 Total number of cards (irrespective of the number of functions on the card)4 of which: cards with a combined debit, cash and emoney function Memo: Retailer cards Terminals located in the country (thousands) ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function 5 POS terminals of which: EFTPOS terminals E-money card terminals3 e-money card loading/unloading terminals e-money card payment terminals
1
2008 472.82 409.00 317.83 105.03
2009 346.40 412.00 322.33 129.89
2010 349.04 413.00 nav 151.74
2011 nav nav nav nav
463.84 421.00 308.59 80.61
1,274.04 nav
1,304.68 nav
1,210.62 nav
nav nav
nav nav
nav
nav
nav
nav
nav
138.36 138.36 nav 1,682.63 nav 358.00 nav 358.00
139.19 139.19 nav 1,706.08 nav 479.80 nav 479.80
138.59 138.59 nav 1,723.35 nav 664.70 nav 664.70
137.75 137.75 nav 1,859.43 nav 888.60 nav 888.60
The data collection methodology has been changed as from 2009. In reality, the number of cards with a cash function is still larger than that of cards with a debit function. 2 As of end-September. 3 Based on the survey by the Bank of Japan. 4 Cards 5 with multiple functions are counted multiple times. Terminals with debit and credit functions are counted twice; as of September/January of the following year. Sources: Centre for Financial Industry Information Systems; Japan Electronic Promotion Association; Japan Consumer Credit Industry Association; Bank of Japan; Japanese Bankers Association.
202
Japan
Table 7
(millions, total for the year except as noted) 2007 Transactions per type of payment instrument Credit transfers1, 2 paper-based non-paper-based Direct debits Card payments with cards issued in the country 3 payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function 4 5 E-money payment transactions by cards with an e-money function 6 Cheques Other payment instruments Total number of transactions with payment instruments7 of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions1, 7, 8 ATM cash withdrawals ATM cash deposits POS payment transactions E-money card loading/unloading transactions E-money card payment transactions5
1
2008 1,401.80 nav nav nav 5,220.40 12.40 nav 5,208.00 1,116.10 1,116.10 112.00 nav
2009 1,414.50 nav nav nav 8,146.60 13.20 nav 8,133.40 1,509.60 1,509.60 96.20 nav
2010 1,418.10 nav nav nav nav 13.43 nav nav 2,000.37 2,000.37 87.99 nav
2011 nav nav nav nav nav nav nav nav nav nav nav nav
1,398.00 nav nav nav 5,020.80 11.50 nav 5,009.30 809.60 809.60 123.60 nav
7,352.00 nav
7,850.30 nav
11,166.90 nav
nav nav
nav nav
nav
nav
nav
nav
nav
420.20 420.20 nav nav 809.64
321.40 321.40 nav nav 1,116.10
313.10 313.10 nav nav 1,509.60
297.55 297.55 nav nav 2,000.37
nav nav nav nav nav
Figures for the year ending March of the following year. 2 Includes transactions handled by the Zengin System and other retail payment networks; excludes credit transfers through on-us accounts. 3 The majority of debit card payments are by "cash cards with a debit function". 4 Estimate by the Bank of Japan based on a survey by the Japan Consumer Credit Industry Association. 5 Based on the survey by the Bank of Japan. Figures for the year ending March of the following year. 6 Total number of transactions handled by all bill and cheque clearing systems in Japan. 7 Sum of available data. 8 Excludes cash withdrawals from own ATMs of financial institutions. The data collection methodology has been changed as from 2008. Sources: Japanese Bankers Association; Japan Electronic Promotion Association; Japan Consumer Credit Industry Association.
203
Japan
Table 8
(JPY trillions, total for the year except as noted) 2007 Transactions per type of payment instrument Credit transfers1, 2 paper-based non-paper-based Direct debits Card payments with cards issued in the country 3 payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions4 by cards with an e-money function Cheques5 Other payment instruments Total value of transactions with payment 6 instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions1, 6, 7 ATM cash withdrawals ATM cash deposits POS payment transactions E-money card loading/unloading transactions E-money card payment transactions4
1
2008 2,676.00 nav nav nav 43.21 0.77 nav 42.43 0.82 0.82 432.97 nav
2009 2,433.90 nav nav nav 45.06 0.74 nav 44.32 1.25 1.25 373.53 nav
2010 2,534.65 nav nav nav nav 0.64 nav nav 1.73 1.73 375.90 nav
2011 nav nav nav nav nav nav nav nav nav nav nav nav
2,707.45 nav nav nav 39.55 0.77 nav 38.78 0.56 0.56 463.26 nav
3,210.83 nav
3,153.00 nav
2,853.74 nav
nav nav
nav nav
nav
nav
nav
nav
nav
21.37 21.37 nav nav 0.56
15.96 15.96 nav nav 0.82
14.82 14.82 nav nav 1.25
14.08 14.08 nav nav 1.73
nav nav nav nav nav
Figures for the year ending March of the following year. 2 Includes transactions handled by the Zengin System and other retail payment networks; excludes credit transfers through on-us accounts. 3 The majority of debit card payments are by "cash cards with a debit function". 4 Based on the survey by the Bank of Japan. Figures for the year ending March of the following year. 5 Total value of transactions handled by all bill and cheque clearing systems in Japan. 6 Sum of available data. 7 Excludes cash withdrawals from own ATMs of financial institutions other than Japan Post Bank. Sources: Japanese Bankers Association; Japan Electronic Promotion Association; Japan Consumer Credit Industry Association.
204
Japan
Table 9

(end of year) 2007 Large-value payment systems BOJ-NET Funds Transfer System Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other Foreign Exchange Yen Clearing System Number of participants Direct participants Banks Central bank Other direct participants Clearing and settlement organisations Indirect participants Retail payment systems Zengin System Number of participants Direct participants Banks Indirect participants Tokyo Clearing House Number of participants Direct participants Banks Central bank Other direct participants Postal institution Indirect participants 2008 2009 2010 2011
577 577 484 0 93 0 0 41 51 1
568 568 477 0 91 0 0 40 50 1
560 560 472 0 88 0 0 40 47 1
555 555 467 0 88 0 0 40 47 1
554 554 466 0 88 0 0 40 47 1
217 29 28 0 1 1 188
215 27 26 0 1 1 188
212 27 26 0 1 1 185
207 29 28 0 1 1 178
208 29 28 0 1 1 179
1,491 146 146 1,345
1,428 145 145 1,283
1,396 144 144 1,252
1,372 141 141 1,231
1,371 142 142 1,229
343 105 104 1 0 0 238
334 105 104 1 0 0 229
329 105 104 1 0 0 224
323 105 104 1 0 0 218
323 105 104 1 0 0 218
205
Japan
Table 10

(thousands, total for the year) 2007 Large-value payment systems BOJ-NET Funds Transfer System Credit transfers sent domestic cross-border
1
2008
2009
2010
2011
6,762 nav nav
8,471 nav nav
12,314 nav nav
12,412 nav nav
12,931 nav nav
Memo: Cross-border credit transfers received Concentration ratio in terms of volume Foreign Exchange Yen Clearing System Credit transfers sent domestic cross-border Memo: Cross-border credit transfers received Concentration ratio in terms of volume Retail payment systems Zengin System Total national transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of volume Tokyo Clearing House Total national transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of volume
1
nav nav
nav nav
nav nav
nav nav
nav nav
7,753 nav nav
7,539 nav nav
6,207 nav nav
6,349 nav nav
6,331 nav nav
nav nav
nav nav
nav nav
nav nav
nav nav
1,353,274 nav nav nav nav nav nav nav nav
40,707 nav nav nav nav nav nav nav nav
All payments in the Foreign Exchange Yen Clearing System and large-value payments in the Zengin System have been settled on an RTGS basis via the BOJ-Net Funds Transfer System from October 2008 and November 2011 respectively. Sources: Bank of Japan; Japanese Bankers Association.
206
Japan
Table 11

(JPY trillions, total for the year) 2007 Large-value payment systems BOJ-NET Funds Transfer System Credit transfers sent domestic cross-border
1
2008
2009
2010
2011
29,488.5 nav nav
29,542.4 nav nav
27,249.4 nav nav
25,566.4 nav nav
24,831.0 nav nav
Memo: Cross-border credit transfers received Concentration ratio in terms of value Foreign Exchange Yen Clearing System Credit transfers sent domestic cross-border Memo: Cross-border credit transfers received Concentration ratio in terms of value Retail payment systems Zengin System Total national transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of value Tokyo Clearing House Total national transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of value
1
nav nav
nav nav
nav nav
nav nav
nav nav
5,632.7 nav nav
5,180.5 nav nav
3,176.5 nav nav
2,882.0 nav nav
2,821.4 nav nav
nav nav
nav nav
nav nav
nav nav
nav nav
2,627.8 nav nav nav nav nav nav nav nav
317.1 nav nav nav nav nav nav nav nav
All payments in the Foreign Exchange Yen Clearing System and large-value payments in the Zengin System have been settled on an RTGS basis via the BOJ-Net Funds Transfer System from October 2008 and November 2011 respectively. Sources: Bank of Japan; Japanese Bankers Association.
207
Japan
Table 12

(end of year) 2007 122 122 94 92 43 43 259 257 2008 121 121 93 91 49 47 263 259 2009 121 121 84 83 52 50 257 254 2010 118 118 81 80 48 45 247 243 2011 118 118 83 80 51 49 252 247
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
208
Japan
Table 14

(end of year) 2007 Tokyo Stock Exchange (TSE) Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants Osaka Securities Exchange (OSE) Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants Tokyo Financial Exchange (TFX) Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other
1
2008 165 0 0 52 113 165 0 0 52 113 0
2009 153 0 0 45 108 153 0 0 45 108 0
2010 148 0 0 43 105 148 0 0 43 105 0
2011 137 0 0 35 102 137 0 0 35 102 0
172 0 0 57 115 172 0 0 57 115 0

1
102 0 0 0 102 102 0 0 0 102 0
98 0 0 0 98 98 0 0 0 98 0
97 0 0 1 96 97 0 0 1 96 0
112 0 0 1 111 112 0 0 1 111 0
111 0 0 1 110 111 0 0 1 110 0
69 0 0 30 39 69 0 0 30 39 0
nav nav nav nav
72 0 0 31 41 72 0 0 31 41 0
nav nav nav nav
70 0 0 32 38 70 0 0 32 38 0
nav nav nav nav
75 0 0 30 45 74 0 0 30 44 1
0 0 0 1
73 0 0 29 44 72 0 0 29 43 1
0 0 0 1
Data from 2010 include data of the JASDAQ market which was merged with OSE's Hercules and NEO markets as the new JASDAQ in October 2010. Sources: Tokyo Stock Exchange; Osaka Securities Exchange; Tokyo Financial Exchange.
209
Japan
Table 15

(end of year) 2007 TSE Total number of listed securities debt securities short-term paper bonds 1 equity 2 other OSE Total number of listed securities debt securities short-term paper bonds 4 equity 5 other TFX Total number of listed securities
1
2008 2,720 285 nav nav 2,373 62
2009 2,648 290 nav nav 2,319 39
2010 2,615 296 nav nav 2,280 39
2011 2,602 300 nav nav 2,279 23
2,748 278 nav nav 2,389 81
1,359 278 nav nav 1,062 19
1,328 285 nav nav 1,031 12
1,248 290 nav nav 953 5
2,046 296 nav nav 1,745 5
1,985 300 nav nav 1,682 3
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nap
nap
Number of listed companies. 2 Number of convertible bonds. 3 Data from 2010 include data of the JASDAQ market which was merged with OSE's Hercules and NEO markets as the new JASDAQ in October 2010. 4 Number of listed companies. Excludes foreign stocks, investment securities, covered warrants and subscription certificates. 5 Number of convertible bonds. Sources: Tokyo Stock Exchange; Osaka Securities Exchange.
Table 16
Market capitalisation of listed companies1

(JPY trillions, end of year) 2007 TSE Total market capitalisation/equity OSE2 Total market capitalisation/equity TFX Total market capitalisation/equity
1
2008 283.46
2009 307.78
2010 310.45
2011 255.86
483.83
325.98
183.18
198.52
197.90
150.63
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Figures show the aggregated market value of companies listed in each trading system. The companies listed in both TSE and OSE are counted twice. 2 Excludes foreign stocks, ETFs, investment securities, covered warrants and subscription certificates. Data from 2010 include data of the JASDAQ market which was merged with OSE's Hercules and NEO markets as the new JASDAQ in October 2010. Sources: Tokyo Stock Exchange; Osaka Securities Exchange.
210
Japan
Table 17

(thousands, total for the year) 2007 TSE Total number of executed securities trades Total number of executed derivatives trades OSE Total number of executed securities trades Total number of executed derivatives trades TFX Total number of executed securities trades Total number of executed derivatives trades nav nav 2008 nav nav 2009 nav nav 2010 nav nav 2011 nav nav
nav nav
nav nav
nav nav
nav nav
nav nav
nap nav
nap nav
nap nav
nap nav
nap nav
Table 18

(JPY trillions, total for the year) 2007 TSE Total value of executed securities trades 1 debt securities short-term paper bonds equity2 other3 Total value of executed derivatives trades 4 financial futures 5 financial options OSE Total value of executed securities trades 2 equity 7 other Total value of executed derivatives trades 8 financial futures financial options 9 other financial derivatives 10 TFX Total value of executed securities trades Total value of executed derivatives trades financial futures 12 financial options
1
2008 583.03 0.0000 nav nav 576.32 6.72 1,281.06 1,280.27 0.79
2009 378.38 0.0000 nav nav 373.77 4.62 809.22 808.63 0.60
2010 364.35 0.0000 nav nav 359.17 5.18 931.89 931.47 0.42
2011 352.93 0 nav nav 347.11 5.82 809.56 809.21 0.35
762.61 0.0002 nav nav 752.23 10.38 1,628.46 1,627.81 0.65
33.54 31.14 2.41 593.59 590.25 3.34 nap
26.90 24.36 2.54 541.17 536.15 5.01 nap
15.33 13.17 2.17 338.44 332.58 5.21 0.65
18.09 16.21 1.89 356.96 348.31 4.31 4.34
17.53 15.57 1.96 307.06 291.96 5.09 10.01
nap
11
nap 2,237.90 2,237.90 nav
nap 1,306.60 1,306.60 nav
nap 1,127.49 1,127.49 nav
nap 720.19 720.19 nav
3,896.18 3,896.18 nav
3 Negligible figure since 2008. 2 Excludes foreign stocks. Convertible bonds, ETFs and REITs. 4 Stock price index and 5 JGB futures. Options on stock price index, stock and JGB futures. 6 Data from 2010 include data of the JASDAQ market which was merged with OSE's Hercules and NEO markets as the new JASDAQ market in October 2010. 7 Convertible bonds, ETFs, investment securities, covered warrants and subscription certificates. 8 Stock price index futures. 9 Stock and stock price index options. 10 Operations started for FX margin trading in July 2009. 11 Sum of available data. 12 Mainly three-month euroyen futures. Sources: Tokyo Stock Exchange; Osaka Securities Exchange; Tokyo Financial Exchange.
211
Japan
Table 19

(end of year) 2007 Japan Securities Clearing Corporation (JSCC)1 Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members JASDEC DVP Clearing Corporation (JDCC) Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members Japan Government Bond Clearing Corporation (JGBCC) Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members
2008 173 0 0 53 120 173 0 0 53 120 0
2009 162 0 0 46 116 162 0 0 46 116 0
2010 155 0 0 44 111 155 0 0 44 111 0
2011 142 0 0 36 106 142 0 0 36 106 0
180 0 0 57 123 180 0 0 57 123 0
62 0 0 17 45 62 0 0 17 45 0
62 0 0 16 46 62 0 0 16 46 0
60 0 0 16 44 60 0 0 16 44 0
57 0 0 13 44 57 0 0 13 44 0
56 0 0 13 43 56 0 0 13 43 0
37 0 0 5 32 37 0 0 5 32 0
35 0 0 5 30 35 0 0 5 30 0
35 0 0 5 30 35 0 0 5 30 0
35 0 0 5 30 35 0 0 5 30 0
35 0 0 5 30 35 0 0 5 30 0
212
Japan
Table 19 (cont) 2007 TFX Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members OSE Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members
1
2008 67 0 0 30 37 67 0 0 30 37 0
2009 65 0 0 31 34 65 0 0 31 34 0
2010 71 0 0 30 41 71 0 0 30 41 0
2011 70 0 0 29 41 70 0 0 29 41 0
63 0 0 29 34 63 0 0 29 34 0
95 0 0 0 95 95 0 0 0 95 0
92 0 0 0 92 92 0 0 0 92 0
90 0 0 0 90 90 0 0 0 90 0
91 0 0 0 91 91 0 0 0 91 0
92 0 0 0 92 92 0 0 0 92 0
The data collection policy/methodology has been changed as from the figures for 2011 and has been applied retroactively. Sources: Japan Securities Clearing Corporation; JASDEC DVP Clearing Corporation; Japan Government Bond Clearing Corporation; Tokyo Financial Exchange; Osaka Securities Exchange.
Table 20

(thousands, total for the year) 2007 JSCC Total number of contracts and transactions cleared JDCC Total number of contracts and transactions cleared JGBCC Total number of contracts and transactions cleared TFX Total number of contracts and transactions cleared OSE Total number of contracts and transactions cleared nav 2008 nav 2009 nav 2010 nav 2011 nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
nav
213
Japan
Table 21
Value of contracts and transactions cleared1

(JPY trillions, total for the year except as noted) 2007 JSCC 2 Total value of contracts and transactions cleared Value of securities transactions cleared3 debt securities equity other of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared
4 5
2008 46.4 46.4 nav nav nav nav
52.3 52.3 nav nav nav nav
nav nap
nav nap
nav nap
nav nap
nav nav
JDCC Total value of contracts and transactions cleared Value of securities transactions cleared debt securities equity other of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared JGBCC Total value of contracts and transactions cleared Value of securities transactions cleared debt securities government bonds 6 of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared
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2,410.4 2,410.4 2,410.4 2,410.4 nav
2,510.4 2,510.4 2,510.4 2,510.4 nav
2,241.2 2,241.2 2,241.2 2,241.2 nav
2,324.5 2,324.5 2,324.5 2,324.5 nav
2,064.8 2,064.8 2,064.8 2,064.8 nav
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214
Japan
Table 21 (cont) 2007 TFX Total value of contracts and transactions cleared Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared financial futures financial options other financial derivatives Value of OTC derivatives contracts cleared OSE Total value of contracts and transactions cleared Value of securities transactions cleared Value of exchange-traded derivatives contracts financial futures financial options other financial derivatives 7 Value of OTC derivatives contracts cleared
1
2008 0.430 nap
2009 0.178 nap
2010 0.127 nap
2011 0.082 nap
0.368 nap
0.368 nav nav nav nap
3.249 nap 3.249 nav nav nap nap
6.333 nap 6.333 nav nav nap nap
3.456 nap 3.456 nav nav 0.002 nap
3.250 nap 3.250 nav nav 0.031 nap
3.141 nap 3.141 nav nav 0.070 nap
Value of contracts and transactions settled after the netting. 2 Sum of available data. 3 Stocks, convertible bonds, ETFs, covered warrants and share options. 4 Figures for the year ending March of the following year. 5 JSCC started clearing of OTC derivatives contracts from 2011. 6 Includes Treasury Discounting Bills (T-Bills). 7 Operations started for handling exchange forex margin contracts in July 2009. Sources: Japan Securities Clearing Corporation; JASDEC DVP Clearing Corporation; Japan Government Bond Clearing Corporation; Tokyo Financial Exchange; Osaka Securities Exchange.
215
Japan
Table 22

(end of year) 2007 Bank of Japan (BOJ) Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants Japan Securities Depository Center (JASDEC) a) System for stocks and convertible bonds Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants b) System for commercial paper Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants
1
2008 314 1 6 0 203 104 314 1 6 0 203 104 0
2009 306 1 6 0 200 99 306 1 6 0 200 99 0
2010 299 1 6 0 196 96 299 1 6 0 196 96 0
2011 297 1 6 0 198 92 297 1 6 0 198 92 0
329 1 6 0 207 115 329 1 6 0 207 115 0
290 0 5 0 36 249 290 0 5 0 36 249 0
264 0 5 0 24 235 264 0 5 0 24 235 0
248 0 5 0 23 220 248 0 5 0 23 220 0
229 0 5 0 20 204 229 0 5 0 20 204 0
219 0 5 0 21 193 219 0 5 0 21 193 0
66 1 0 0 30 35 66 1 0 0 30 35 0
67 1 0 0 30 36 67 1 0 0 30 36 0
70 1 0 0 33 36 70 1 0 0 33 36 0
68 1 0 0 32 35 68 1 0 0 32 35 0
68 1 0 0 32 35 68 1 0 0 32 35 0
216
Japan
Table 22 (cont) 2007 c) System for corporate bonds Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants d) System for investment trust Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants
1
2008 86 1 3 0 31 51 86 1 3 0 31 51 0
2009 89 1 3 0 33 52 89 1 3 0 33 52 0
2010 88 1 3 0 30 54 88 1 3 0 30 54 0
2011 88 1 3 0 30 54 88 1 3 0 30 54 0
86 1 3 0 32 50 86 1 3 0 32 50 0
186 0 2 0 38 146 186 0 2 0 38 146 0
192 0 2 0 37 153 192 0 2 0 37 153 0
184 0 2 0 36 146 184 0 2 0 36 146 0
182 0 2 0 37 143 182 0 2 0 37 143 0
184 0 2 0 39 143 184 0 2 0 39 143 0
Figures show the number of the JGB Book-Entry System. Includes the number of offline participants. Sources: Bank of Japan; Japan Securities Depository Center.
217
Japan
Table 23

(end-March of the following year) 2007 BOJ Total number of securities held JASDEC Total number of securities held debt securities 1 short-term paper 2 bonds 3 equity 4 other
1
2008 nav
2009 nav
2010 nav
2011 nav
nav
88,306 78,576 5,759 72,817 4,031 5,699
89,093 79,167 5,869 73,298 3,950 5,976
86,135 75,932 4,730 71,202 3,856 6,347
82,574 72,180 4,392 67,788 3,776 6,618
75,778 65,148 4,447 60,701 3,735 6,895
Commercial paper. 2 Corporate and municipal bonds. 3 Stocks, preferred equity investments, ETFs, beneficial rights of beneficial certificate-issuing trusts, investment units and share options. 4 Convertible bonds and investment trusts. Source: Japan Securities Depository Center.
Table 24

(JPY trillions, end of year except as noted) 2007 BOJ Total value of securities held debt securities 1 government bonds JASDEC Total value of securities held 3 debt securities short-term paper 4 bonds 5 equity other6
1
2008 787.26 787.26 787.26
2009 810.61 810.61 810.61
2010 859.78 859.78 859.78
2011 897.18 897.18 897.15
777.66 777.66 777.66
368.54 261.28 20.28 241.00 nav 107.26

3
365.77 259.02 18.75 240.27 nav 106.75

4
371.13 259.67 14.12 245.55 nav 111.46
380.19 264.11 14.03 250.07 nav 116.09

5
379.52 266.05 13.61 252.44 nav 113.47

Corporate and
Includes T-Bills. 2 As of end-March of the following year. municipal bonds. 6 Convertible bonds and investment trusts. Sources: Bank of Japan; Japan Securities Depository Center.
Sum of available data.
Commercial paper.
218
Japan
Table 25

(thousands, total for the year except as noted) 2007 BOJ Total number of delivery instructions DVP debt securities 1 government bonds free of payment debt securities 1 government bonds JASDEC Total number of delivery instructions DVP debt securities 3 short-term paper 4 bonds equity5 other6 free of payment debt securities short-term paper 3 bonds 4 equity5 other6
2
2008 4,491.6 3,133.1 3,133.1 3,133.1 1,358.5 1,358.5 1358.5
2009 3,904.2 2,607.0 2,607.0 2,607.0 1,297.3 1,297.3 1297.3
2010 3,838.0 2,545.6 2,545.6 2,545.6 1,292.4 1,292.4 1292.4
2011 3,927.5 2,522.0 2,522.0 2,522.0 1,405.6 1,405.6 1405.6
4,283.9 3,038.6 3,038.6 3,038.6 1,245.3 1,245.3 1245.3
65,391.8 46,547.7 231.4 107.7 123.7 45,693.3 623.0 18,844.2 449.0 88.7 360.3 16,459.1 1,936.0
73,784.7 46,880.4 244.6 131.7 112.9 45,964.1 671.8 26,904.3 491.9 112.3 379.5 24,588.5 1,823.9
88,058.2 44,662.5 250.1 119.8 130.4 43,677.6 734.7 43,395.8 392.5 111.6 280.9 41,069.3 1,934.0
87,082.4 44,324.6 243.1 116.2 126.9 43,284.3 797.1 42,757.9 411.3 98.9 312.4 40,124.8 2,221.8
85,449.8 43,466.9 246.6 113.3 133.3 42,365.2 855.1 41,983.0 414.2 107.6 306.6 39,171.5 2,397.2
1 Includes T-Bills. 2 Figures for the year ending March of the following year. 3 Commercial paper. 4 Corporate and municipal bonds. 5 Stocks, preferred equity investments, ETFs, beneficial rights of beneficial certificate-issuing trusts, investment units and share options. 6 Convertible bonds and investment trusts. For investment trusts, figures for new issuance and redemption are reported. Sources: Bank of Japan; Japan Securities Depository Center.
219
Japan
Table 26

(JPY trillions, total for the year except as noted) 2007 BOJ Total value of delivery instructions DVP debt securities 1 government bonds free of payment debt securities 1 government bonds JASDEC 3 Total value of delivery instructions 3 DVP debt securities short-term paper 4 5 bonds equity other 3 free of payment debt securities short-term paper 4 bonds 5 equity other6
1 5
2008 22,098.1 13,035.8 13,035.8 13,035.8 9,062.3 9,062.3 9,062.3
2009 19,738.3 10,269.7 10,269.7 10,269.7 9,468.5 9,468.5 9,468.5
2010 18,729.5 9,871.8 9,871.8 9,871.8 8,857.8 8,857.8 8,857.8
2011 18,532.3 9,125.3 9,125.3 9,125.3 9,407.0 9,407.0 9,407.0
22,213.9 13,280.5 13,280.5 13,280.5 8,933.4 8,933.4 8,933.4
1,400.5 823.3 726.4 657.0 69.4 nav 97.0 577.2 510.2 339.1 171.1 nav 67.0
1,411.1 783.9 709.6 644.6 64.9 nav 74.3 627.2 574.2 415.7 158.6 nav 53.0
1,301.4 777.7 689.9 623.9 66.1 nav 87.7 523.7 469.5 402.7 66.8 nav 54.3
1,237.0 745.8 656.3 588.6 67.7 nav 89.5 491.2 433.8 355.2 78.6 nav 57.4
1,290.9 770.3 682.9 614.9 68.0 nav 87.4 520.6 467.2 378.5 88.7 nav 53.4
Includes T-Bills. 2 Figures for the year ending March of the following year. 3 Sum of available data. 4 Commercial paper. Corporate and municipal bonds. 6 Investment trusts; figures for new issuance and redemption are reported. Sources: Bank of Japan; Japan Securities Depository Center.
220
Korea
Table 1

2007 2008 2009 2010 2011 48,597.7 48,948.7 49,182.0 49,410.4 49,779.4 975,013 1,026,452 1,065,037 1,173,275 1,237,128 20,062,966 20,969,954 21,654,998 23,745,521 24,852,188 2.5 4.7 2.8 3.0 4.0 938.20 929.20 1,257.50 1,102.59 1,167.60 1,276.40 1,138.90 1,156.26 1,153.30 1,108.11
Population (thousands) GDP (KRW billions) GDP per capita (KRW) Consumer price inflation (%) Exchange rate (KRW/USD): end of year average
Source: Bank of Korea.
Table 2

(KRW billions, end of year) 2007 22,040 294,343 0 316,383 nap nap 2008 23,437 307,187 0 330,624 nap nap
2
Notes and coin in circulation outside banks Value of transferable deposits 1 Other Narrow money supply (M1) Memo: Transferable deposits in foreign currencies 2 Outstanding value on e-money storages2
1
2009 29,206 360,189 0 389,395 nap nap
2010 34,949 392,843 0 427,792 nap nap
2011 39,609 402,468 0 442,078 nap nap
Individual MMF classified as M1 in 2006, has been excluded from M1 since 22 March 2007. Source: Bank of Korea.
Not classified as M1.
221
Korea
Table 3

(KRW billions, average for December except as noted) 2007 26,975.9 26,891.7 84.2 nap 2008 30,506.0 30,487.5 18.6 nap 2009 32,996.5 32,975.1 21.4 nap 2010 35,931.8 35,919.7 12.0 nap 2011 38,278.6 38,257.7 21.0 nap
Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight 1 longer refinancing operations (repos)
1
506.3 nav 6,409.1
823.6 nav 8,106.2
1,991.0 nav 9,805.8
1,669.6 nav 7,936.2
1,743.9 nav 7,399.6
Amount of the aggregate credit ceiling loan at the end of year. Source: Bank of Korea.
Table 4
Banknotes and coin

(KRW billions, end of year) 2007 29,223.91 27,540.87 nap 25,306.52 1,058.01 1,162.82 13.51 1,683.04 825.37 703.96 89.06 63.01 1.64
4
Total banknotes and coin issued Total banknotes issued 1 KRW 50,000 KRW 10,000 KRW 5,000 KRW 1,000 other 2 Total coin issued of which: KRW 500 KRW 100 KRW 50 KRW 10 other 3 Banknotes and coin held by banks
2008 30,657.80 28,915.16 nap 26,699.94 1,033.31 1,168.40 13.51 1,742.64 854.16 730.65 90.88 65.32 1.64 7,215.06 23,437.20
2009 37,244.79 35,414.58 9,922.99 23,259.17 1,018.19 1,200.72 13.51 1,830.21 905.99 762.06 93.27 67.25 1.64 8,033.15 29,205.90
2010 43,202.73 41,280.99 18,996.24 20,012.19 1,016.73 1,242.31 13.51 1,921.74 958.15 796.68 95.82 69.46 1.64 8,248.18 34,948.80
2011 48,549.93 46,557.72 25,960.30 18,247.20 1,046.70 1,290.01 13.51 1,992.22 995.91 825.22 97.18 72.28 1.64 8,934.09 39,609.10
7,179.36 22,039.50
Banknotes and coin in circulation outside banks4

1
Was printed in June 2009 for the first time. 2 Banknotes which are no longer printed but are still in circulation. 3 Coins which are no longer issued but are still in circulation, including KRW 5 and KRW 1. 4 Excludes banknotes which are issued but not in circulation, as possessed for souvenirs. Source: Bank of Korea.
222
Korea
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts (thousands) Value of accounts, all (KRW billions) Memo: Number of accounts, banks (thousands) Banks Number of institutions Number of branches or offices Number of accounts (thousands) of which: number of internet/PC-linked accounts 1 Value of accounts (KRW billions) Domestically licensed banks Number of institutions Number of branches or offices Value of accounts (KRW billions) 2 Special purpose banks Number of institutions Number of branches or offices Value of accounts (KRW billions) Branches of foreign banks Number of institutions Number of branches or offices Value of accounts (KRW billions)
2008 18 0.078 31,127.5 0.239
2009 17 0.079 29,959.6 0.238
2010 17 0.080 31,244.4 0.253
2011 17 0.080 31,499.4 0.257
18 0.073 27,188.5 0.236
54 7,410 27,283 nav 77,662.3 13 5,549 55,188.9 5 1,790 21,748.2 36 71 725.2
56 7,704 28,922 nav 76,527.9 13 5,725 54,319.1 5 1,907 21,409.0 38 72 799.8
55 7,582 30,086 nav 86,245.0 13 5,590 59,925.9 5 1,921 25,027.4 37 71 1,291.7
55 7,670 31,089 nav 89,143.8 13 5,624 61,828.0 5 1,974 26,277.7 37 72 1,038.1
56 7,783 32,299 nav 97,708.1 13 5,699 66,538.8 5 2,012 29,599.1 38 72 1,570.2
223
Korea
Table 5 (cont) 2007 Other institutions offering payment services to non-banks Number of institutions 3,994 Number of branches or offices 10,783 Number of accounts (thousands) nav Value of accounts (KRW billions) 33,639.1 3 Federations of non-bank credit institutions Number of institutions 3,939 Number of branches or offices 6,202 Value of accounts (KRW billions) 1 15,018.5 Korea Post Number of institutions 1 Number of branches or offices 2,739 Value of accounts (KRW billions) 1 977.3 Financial investment companies Number of institutions 54 Number of branches or offices 1,842 Value of accounts (KRW billions) 4 17,643.3 Institutions offering payment services to non-banks (total) Number of institutions 4,049 Number of branches or offices 18,211 Number of accounts held by non-banks nav Value of accounts held by non-banks (KRW billions) 138,489.9 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions (KRW billions)
1
2008 3,954 10,955 nav 35,282.5 3,893 6,297 14,769.7 1 2,718 2,236.0 60 1,940 18,276.8
2009 3,920 10,959 nav 40,634.6 3,857 6,353 17,895.2 1 2,713 1,662.8 62 1,893 21,076.6
2010 3,868 11,133 nav 42,429.1 3,805 6,423 18,984.5 1 2,721 547.7 62 1,989 22,896.9
2011 3,814 11,300 nav 46,424.6 3,751 6,521 19,091.3 1 2,822 504.6 62 1,957 26,828.8
4,011 18,677 nav 142,938.0
3,976 18,558 nav 156,839.2
3,924 18,820 nav 162,817.3
3,871 19,100 nav 175,632.1
3 10.5
3 11.2
3 11.8
3 12.7
3 11.9
Demand deposits only. 2 Korea Development Bank, Industrial Bank of Korea, Export-Import Bank of Korea, Nonghyup and National Federation of Fisheries. 3 Mutual Savings Banks, Credit Unions, Mutual Credits and Community Credit Cooperatives. 4 Includes Customer's deposit and Cash Management Accounts. Sources: Bank of Korea; Financial Supervisory Service.
224
Korea
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a debit function Cards with a credit function Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals E-money card terminals
Source: Bank of Korea.
2008 118,775.7 96,235.1 13,039.3 nav
2009 124,343.2 106,989.2 14,467.8 nav
2010 125,587.6 116,584.8 16,511.2 nav
2011 135,844.7 122,138.7 18,338.6 nav
101,953.5 88,770.7 13,164.0 nav
203,888.1 nav
228,050.0 nav
245,800.2 nav
258,683.6 nav
276,322.0 nav
nav
nav
nav
nav
nav
93,728 93,728 93,728 nav nav
98,171 98,171 98,171 nav nav
101,541 101,541 101,541 nav nav
110,330 110,330 110,330 nav nav
nav nav nav nav nav
225
Korea
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based 1 Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages 2 Cheques Other payment instruments3 Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions ATM cash withdrawals ATM cash deposits POS payment transactions E-money card loading/unloading transactions E-money card payment transactions
1 3
2008 2,311.49 344.20 1,967.29 1,374.68 4,724.57 743.93 3,980.64 132.71 132.71 nav 1,103.99 0.39
2009 2,428.03 325.30 2,102.73 1,338.14 5,784.41 1,050.06 4,734.36 135.37 135.37 nav 931.37 0.33
2010 2,655.52 304.75 2,350.77 1,420.03 7,093.56 1,417.55 5,676.01 159.13 159.13 nav 752.02 0.34
2011 2,909.78 296.24 2,613.54 1,492.60 8,354.40 1,899.13 6,455.28 113.09 113.09 nap 612.90 0.45
2,043.30 348.77 1,694.53 1,428.06 3,830.01 512.71 3,317.30 147.74 147.74 nav 1,186.07 0.43
8,635.62 nav
9,647.83 nav
10,617.66 nav
12,080.61 nav
13,483.21 nav
nav
nav
nav
nav
nav
247.99 247.99 nav 3,830.01 nav 147.74

2
246.41 246.41 nav 4,724.57 nav 132.71
238.74 238.74 nav 5,784.41 nav 135.37
243.70 243.70 nav 7,093.56 nav 159.13
242.69 242.69 nav 8,354.40 nav 113.09
Excludes transfers within the financial institution. Bills of exchange. Source: Bank of Korea.
Includes promissory notes, personal cheques and cashier's cheques.
226
Korea
Table 8
(KRW billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based 1 Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages 2 Cheques 3 Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received Transactions per type of terminal Total transactions at terminals in the country Cash transactions ATM cash withdrawals ATM cash deposits POS payment transactions E-money card loading/unloading transactions E-money card payment transactions
1 3
2008 8,305,767 65,070 8,240,697 139,798 394,298 26,860 367,439 1,116 1,116 nav 7,823,230 29,667
2009
2010
2011
7,208,171 60,615 7,147,557 132,053 336,582 18,935 317,648 1,028 1,028 nav 6,686,010 26,503
9,411,609 10,706,611 12,382,661 65,580 68,094 78,183 9,346,029 10,638,517 12,304,478 136,100 148,432 160,828 421,058 463,914 527,472 36,506 51,820 69,492 384,551 412,094 457,980 1,381 2,447 2,068 1,381 2,447 2,068 nav nav nav 8,120,218 8,560,211 8,222,015 24,091 30,214 43,589
14,390,347 16,693,876 18,114,456 19,911,828 21,338,632 nav nav nav nav nav
nav
nav
nav
nav
nav
49,701 49,701 nav 336,582 nav 1,028

2
49,482 49,482 nav 394,298 nav 1,116
47,898 47,898 nav 421,058 nav 1,381
51,493 51,493 nav 463,914 nav 2,447
53,069 53,069 nav 527,472 nav 2,068
Excludes transfers within the financial institution. Bills of exchange. Source: Bank of Korea.
Includes promissory notes, personal cheques and cashier's cheques.
227
Korea
Table 9

(end of year) 2007 Large-value payment systems BOK-Wire+ Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution 1 Clearing and settlement organisations 2 Other financial institutions Other 3 Indirect participants Retail payment systems Check Clearing System Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions Other 5 Interbank Shared Networks Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution Clearing and settlement organisations Other financial institutions 4 Other 5
1
2008
2009
2010
2011
123 123 52 1 70 nav nav 6 56 8 nav
130 130 54 1 75 nav nav 5 62 8 nav
130 130 53 1 76 nav nav 5 65 6 nav
129 129 53 1 75 nav nav 5 63 7 nav
133 133 55 1 77 nav nav 5 65 7 nav
23 23 18 1 4 nap 1 nap 0 3
26 26 18 1 7 nap 1 nap 0 6
27 27 18 1 8 nap 1 nap 0 7
27 27 18 1 8 nap 1 nap 0 7
27 27 18 1 8 nap 1 nap 0 7
29 29 23 0 6 nap 1 nap 0 5
30 30 24 0 6 nap 1 nap 0 5
55 55 24 0 31 nap 1 nap 24 6
56 56 24 0 32 nap 1 nap 25 6
56 56 24 0 32 nap 1 nap 25 6
Includes Korea Securities Depository, Korea Money Broker Corp., KIDB Money Brokerage Corp., Korea Stock Exchange, CLS etc. 2 Financial investment companies, insurance corporations and merchant banking corporations. 3 Includes Korean Federation of Community Credit Cooperatives, Credit Union Federation, Korea Deposit Insurance Corp., Korea Securities Finance Corp., Korea Federation of Savings Banks, National Forestry Cooperatives Federation, Korea Finance Corp. etc. 4 Financial investment companies: under the Financial Investment Services and Capital Markets Act 2009, they are allowed to provide funds 5 Includes Mutual Credits, Korean Federation of Community Credit transfer services directly to individual customers. Cooperatives, Credit Union Federation, Korea Federation of Savings Banks, etc. Source: Bank of Korea.
228
Korea
Table 10

(millions, total for the year) 2007 Large-value payment systems BOK-Wire+ Total transactions sent Concentration ratio in terms of volume (%) Retail payment systems Check Clearing System Total transactions sent 1 cheques 2 other payment instruments Concentration ratio in terms of volume (%) Interbank Shared Networks Total transactions sent credit transfers 3 direct debits 3 card payments 4 ATM transactions e-money transactions Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
2.25 28.9
2.54 29.7
2.75 29.6
3.30 30.4
3.62 30.0
805.23 804.79 0.4 nav
747.55 747.16 0.4 nav
648.60 648.26 0.3 nav
517.12 516.78 0.3 nav
417.73 417.28 0.4 nav
2,680.29 1,430.98 779.15 1.83 468.33 nav nav
2,857.73 1,648.13 709.92 1.33 498.34 nav nav

2
2,969.12 1,775.44 686.01 1.03 506.65 nav nav

3
3,197.70 1,977.66 685.70 0.95 533.39 nav nav
3,478.43 2,220.35 702.48 0.79 554.81 nav nav
Includes promissory notes, personal cheques and cashier's cheques. financial institution. 4 Includes payments by cards with a debit function. Source: Bank of Korea.
Bills of exchange.
Excludes transfers within the
229
Korea
Table 11

(KRW trillions, total for the year) 2007 Large-value payment systems BOK-Wire+ Total transactions sent Concentration ratio in terms of value (%) Retail payment systems Check Clearing System Total transactions sent 1 cheques 2 other payment instruments Concentration ratio in terms of value (%) Interbank Shared Networks Total transactions sent credit transfers 3 direct debits 3 card payments 4 ATM transactions e-money transactions Concentration ratio in terms of value (%)
1
2008
2009
2010
2011
36,826.6 35.7
43,026.8 37.6
45,976.0 35.9
50,563.1 36.3
51,494.8 34.5
4,389.0 4,362.5 26.5 nav
5,153.4 5,123.8 29.7 nav
5,421.2 5,397.1 24.1 nav
5,781.0 5,778.9 2.1 nav
5,781.0 5,778.9 2.1 nav
7,247.4 6,927.3 79.8 0.079 240.2 nav nav

2
8,345.4 8,017.8 84.1 0.057 243.5 nav nav
9,442.5 9,119.7 80.2 0.045 242.5 nav nav

3
10,737.2 10,394.9 85.6 0.039 256.7 nav nav
12,405.2 12,041.0 89.5 0.034 274.7 nav nav
Includes promissory notes, personal cheques and cashier's cheques. financial institution. 4 Includes payments by cards with a debit function. Source: Bank of Korea.
Bills of exchange.
Excludes transfers within the
230
Korea
Table 12

(end of year) 2007 19 19 42 42 8 7 69 68 2008 19 19 43 43 11 10 73 72 2009 19 19 41 41 13 12 73 72 2010 19 19 40 40 19 18 78 77 2011 20 20 43 41 21 20 84 81
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
231
Korea
Table 14

(end of year) 2007 Korea Exchange Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants
Source: Korea Exchange.
Table 15

(end of year) 2007 Korea Exchange Total number of listed securities debt securities short-term paper bonds equity other
2008 11,266 9,289 nav nav 1,977 nav
2009 11,486 9,525 nav nav 1,961 nav
2010 11,488 9,526 nav nav 1,962 nav
2011 11,769 9,795 nav nav 1,974 nav
10,501 8,560 nav nav 1,941 nav
Table 16

(KRW trillions, end of year) 2007 Korea Exchange Total market capitalisation/equity
2008 623.1
2009 974.0
2010 1,239.9
2011 1,148.0
1,051.9
232
Korea
Table 17

(millions, total for the year) 2007 Korea Exchange 1 Total number of executed securities trades Total number of executed derivatives trades financial futures financial options other financial derivatives 2 commodity futures commodity options other commodity derivatives
1
2008 nav 2,867.3 100.8 2,766.5 nav 0.0175 nav nav
2009 nav 3,102.9 181.9 2,921.0 nav 0.0154 nav nav
2010 nav 3,751.0 225.0 3,525.9 nav 0.0448 nav nav
2011 nav 3,924.1 252.3 3,671.6 nav 0.1883 nav nav
nav 2,777.4 67.6 2,709.8 nav 0.0004 nav nav
The Korea Exchange does not collect data for the number of transactions or settlements, but can offer data for the value of transactions or settlements instead. 2 Gold and lean hog. Source: Korea Exchange.
Table 18

(KRW trillions, total for the year) 2007 Korea Exchange Total value of executed securities trades debt securities short-term paper bonds equity other Total value of executed derivatives trades financial futures financial options other financial derivatives 1 commodity futures commodity options other commodity derivatives
1
2008 1,970.12 373.98 nav nav 1,596.14 nav 8,621.47 8,334.13 287.23 nav 0.11 nav nav
2,214.92 351.30 nav nav 1,863.62 nav 7,237.72 7,019.34 218.37 nav 0.01 nav nav
Gold and lean hog. Source: Korea Exchange.
233
Korea
Table 19

(end of year) 2007 Korea Exchange Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members
Table 20

(total for the year) 2007 2008 2009 2010 2011 Korea Exchange Total number of contracts and transactions cleared1 nav nav nav nav nav 1 The Korea Exchange does not collect data for the number of transactions or settlements, but can offer data for the value of transactions or settlements instead.
Sources: Korea Exchange; Korea Securities Depository.
234
Korea
Table 21

(KRW trillions, total for the year) 2007 Korea Exchange Total value of contracts and transactions cleared 1 Value of securities transactions cleared debt securities short-term paper bonds government bonds equity other of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts 1 cleared financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives Value of OTC derivatives contracts cleared Sum of available data. 265.32 241.77 105.59 nav 24.24 81.35 133.29 2.89 2008 273.94 240.40 102.79 nav 20.78 82.01 132.85 4.76 2009 282.69 253.33 121.26 nav 8.94 112.33 126.63 5.44 2010 331.59 303.36 168.46 nav 79.73 88.73 129.25 5.65 2011 314.64 274.43 134.01 nav 11.12 122.89 140.42 nav
nav
nav
nav
nav
nav
23.6 16.6 7.0 nav 0.0000 nav nav nav
33.5 24.3 9.2 nav 0.0005 nav nav nav
29.4 22.0 7.4 nav 0.0017 nav nav nav
28.2 20.3 7.9 nav 0.0014 nav nav nav
40.2 30.0 10.2 nav 0.0071 nav nav nav
Sources: Korea Exchange; Korea Securities Depository.
235
Korea
Table 22

(end of year) 2007 Korea Securities Depository Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants
Source: Korea Securities Depository.
2009 242 1 0 1 51 189 242 1 0 1 51 189 nav
2010 259 1 0 1 51 206 259 1 0 1 51 206 nav
2011 285 1 0 1 48 235 285 1 0 1 48 235 nav
Table 23

(thousands, end of year) 2007 Korea Securities Depository Total number of securities held1 debt securities short-term paper bonds equity other 1 Sum of available data.
2008 25.90 11.32 nav nav 3.47 11.11
2009 30.30 12.71 nav nav 3.57 14.02
2010 33.86 13.83 nav nav 3.75 16.28
2011 36.93 15.06 nav nav 3.88 17.99
21.32 9.84 nav nav 3.35 8.13
Table 24

(KRW trillions, end of year) 2007 Korea Securities Depository Total value of securities held 1 debt securities short-term paper bonds equity other 1 Sum of available data.
2008 1,110.22 917.49 nav nav 103.95 88.78
2009 1,269.37 1,083.17 nav nav 108.37 77.82
2010 1,371.44 1,174.18 nav nav 117.81 79.44
2011 1,481.38 1,262.15 nav nav 129.00 90.23
1,044.70 864.47 nav nav 100.79 79.43
236
Korea
Table 25

(thousands, total for the year) 2007 Korea Securities Depository Total number of delivery instructions1 DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other 1 Sum of available data.
2008 7,430.42 7,352.36 342.55 nav nav 6,998.74 11.06 78.06 17.17 nav nav 0.65 60.25
2009 7,969.78 7,890.58 460.07 nav nav 7,413.66 16.85 79.21 21.51 nav nav 0.53 57.17
2010 9,008.07 8,934.38 595.75 nav nav 8,298.45 40.17 73.70 21.12 nav nav 0.46 52.12
2011 9,478.81 9,397.49 611.67 nav nav 8,686.07 99.75 81.32 15.65 nav nav 0.57 65.10
6,999.90 6,941.04 326.04 nav nav 6,607.93 7.07 58.86 18.57 nav nav 0.62 39.68
Table 26

(KRW trillions, total for the year) 2007 Korea Securities Depository Total value of delivery instructions 1 DVP1 debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other 1 Sum of available data.
2008 3,795.97 3,084.18 2,395.80 nav nav 615.92 72.47 711.79 213.83 nav nav 2.88 495.08
2009 5,013.02 4,278.88 3,609.45 nav nav 577.58 91.84 734.14 305.67 nav nav 2.98 425.49
2010 6,463.39 5,807.67 4,955.44 nav nav 622.22 230.00 655.73 261.04 nav nav 3.22 391.47
2011 7,212.82 6,531.78 5,150.07 nav nav 769.18 612.53 681.04 214.77 nav nav 2.06 464.21
3,231.47 2,719.60 2,095.55 nav nav 582.23 41.81 511.87 196.80 nav nav 1.82 313.25
237
Korea
238
Mexico
Table 1

2007 105,339 11,321 107,472 4.0 10.8662 10.9269 2008 106,243 12,181 114,652 5.1 13.5383 11.1383 2009 107,122 11,937 111,436 5.3 13.0587 13.5095 2010 107,979 13,090 121,225 4.2 12.3571 12.6367 2011 108,813 14,342 131,807 3.4 13.9787 12.4273
Population (thousands) 2 GDP (MXN billions) GDP per capita (MXN) Consumer price inflation (%)3 4 Exchange rate (MXN/USD): end of year average
1
Start of the year. Source: CONAPO. 2 Average of quarterly GDP at market prices. Source: INEGI. 3 Average for the year. Source: Bank of Mexico and INEGI. 4 Exchange rate to pay obligations entered into in US dollars payable in Mexico (FIX). Source: Bank of Mexico.
Table 2

(MXN billions, end of year) 2007 430.08 817.12 102.85 1,350.05 102.85 nap
2
Notes and coin in circulation outside banks Value of transferable deposits Other Narrow money supply (M1)1 Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages2
1
2008 494.40 865.52 123.00 1,482.92 123.00 nap
2009 537.07 936.63 140.94 1,614.64 140.94 nap
2010 599.36 1,104.26 129.70 1,833.32 129.70 nap
2011 665.92 1,282.53 134.69 2,083.13 134.69 nap
National definition of M1 does not include non-residents. Source: Bank of Mexico.
E-money products have not been widely adopted in Mexico.
239
Mexico
Table 3

(MXN billions, average for December) 2007 279.179 278.981 0.198 5.712 2008 280.085 280.000 0.085 3.692 2009 279.516 279.215 0.300 5.897 2010 279.405 279.215 0.189 9.947 2011 279.729 279.215 0.514 10.654
Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks Memo: Credit extended by the central bank: intraday 1 overnight 2 longer refinancing operations (repos)
1
347.582 4.295 21.960
309.752 19.160 25.787
308.684 3.389 24.663
377.604 4.021 4.938
298.300 79.721 13.546
SIAC overnight overdrafts + renewed intraday repos + overnight credit open market operations + overnight repos open market operations. 2 Credit open market operations + repo open market operations.
Table 4
Banknotes and coin

(MXN millions, end of year) 2007 494,743.5 473,415.0 34,053.0 242,992.0 126,356.0 46,244.1 17,917.7 5,589.7 262.6 21,020.2 1,301.2 89.8 320.6 6,702.5 4,779.4 2,006.6 3,216.2 1,197.8 64,659.8 430,083.6 2008 577,542.3 554,559.4 43,561.0 297,413.0 140,047.0 48,264.5 18,805.7 6,205.9 262.3 22,585.7 1,318.0 89.1 279.0 7,271.2 5,176.3 2,187.5 3,494.2 1,285.0 83,142.7 494,399.5
2
Total banknotes and coin issued Total banknotes issued1 MXN 1,000 MXN 500 MXN 200 MXN 100 MXN 50 MXN 20 MXN 10 Total coin issued1, 2 of which: MXN 100 MXN 50 MXN 20 MXN 10 MXN 5 MXN 2 MXN 1 MXN 0.5 Banknotes and coin held by banks Banknotes and coin in circulation outside banks
1
2009 631,937.9 607,598.4 52,848.0 337,758.0 142,795.2 48,389.1 19,252.4 6,293.4 262.3 23,972.6 991.7 89.0 271.1 7,895.6 5,742.5 2,309.2 3,740.4 1,363.1 94,868.2 537,069.6
2010 693,423.1 666,983.8 61,422.0 382,114.0 145,255.2 51,707.5 19,534.5 6,688.6 262.0 26,109.7 940.5 88.5 256.7 8,643.1 6,549.2 2,528.2 3,998.0 1,442.2 94,060.4 599,362.7
2011 763,490.9 734,769.6 65,130.0 442,964.0 145,861.0 52,970.0 20,813.2 6,769.6 261.8 28,394.4 942.1 88.5 315.2 9,312.1 7,394.6 2,750.5 4,279.9 1,554.4 97,575.3 665,915.6
Due to approximation, the sum of the denominations may differ from the total. 0.10 and 0.05. Source: Bank of Mexico.
Includes coins with denominations MXN 0.20,
240
Mexico
Table 5

(end of year) 2007 Central bank 1 Number of branches or offices 3 Number of accounts, all (thousands) Value of accounts, all (MXN billions) Memo: 2 Number of accounts, banks (thousands) Banks Number of institutions Number of branches or offices 4 Number of accounts (thousands) of which: number of internet/PC-linked accounts (thousands) Value of accounts (MXN billions) 4 Commercial banks Number of institutions Number of branches or offices Value of accounts (MXN billions) 4 Development banks Number of institutions Number of branches or offices Value of accounts (MXN billions) Branches of foreign banks Number of institutions Number of branches or offices Value of accounts (MXN billions) 1 0.072 161.6 0.046 2008 1 0.082 101.5 0.049 2009 1 0.086 239.6 0.047 2010 1 0.090 66.0 0.047 2011 1 0.094 166.4 0.048
46 10,123 nav nav nav 40 9,458 nav 6 665 nav nap nap nap
49 10,994 49,418.8 9,045.8 1,152.4 43 10,354 1,138.8 6 640 13.6 nap nap nap
47 11,385 56,426.7 11,045.0 1,249.7 41 10,736 1,238.4 6 649 11.3 nap nap nap
47 11,882 68,595.1 14,245.8 1,424.1 41 11,288 1,405.6 6 594 18.6 nap nap nap
48 12,382 70,914.6 16,614.7 1,666.8 42 11,786 1,652.7 6 596 14.1 nap nap nap
Other institutions offering payment services to non-banks Number of institutions nav Number of branches or offices nav Number of accounts (thousands) nav Value of accounts (MXN billions) nav 5 Telegraph and postal office Number of institutions 1 Number of branches or offices 1,575 Value of accounts (MXN billions) nap 4, 6 Credit Unions Number of institutions nav Number of branches or offices nav Value of accounts (MXN billions) nav Institutions offering payment services to non-banks (total) Number of institutions nav Number of branches or offices nav Number of accounts held by non-banks (thousands) nav of which: number of internet/PC-linked accounts (thousands) nav Value of accounts held by non-banks (MXN billions) nav
nav nav nav nav 1 1,591 nap nav nav nav
74 2,793 4,477.8 41.1 1 1,578 nap 73 1,215 41.1
93 3,313 5,616.8 53.9 1 1,588 nap 92 1,725 53.9
107 3,501 6,104.3 58.5 1 1,576 nap 106 1,925 58.5
nav nav nav 9,045.8 nav
122 14,179 60,904.6 11,045.0 1,530.4
141 15,196 74,212.0 14,245.8 1,544.0
156 15,884 77,018.9 16,614.7 1,891.7
241
Mexico
Table 5 (cont) 2007 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions (MXN billions)
1
2008
2009
2010
2011
nap nap
2
nap nap
nap nap
3 5
nap nap
nap nap
Cashless payment services are provided only in the central office. Banks participating in SPEI. participating in SPEI + IMSS, ISSTE, FOVISSTE, TESOFE and PEMEX. 4 Source: CNBV reports. 6 SOFIPOS and SOCAPS.
Banks + non-banks Source: Telecomm.
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function1 Cards with a debit function
2008 82,178 56,936 nap 25,242 nav
2009 82,925 60,828 nap 22,097 nav
2010 97,562 75,165 nap 22,397 nav
2011 110,253 85,603 nap 24,650 nav
Cards with a credit function Cards with an e-money function Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals
1
76,695 51,872 nap 24,823 nav
76,695 0
82,178 0
82,925 0
97,562 0
110,253 0
nav
nav
nav
nav
nav
29,333 29,333 nap 418,128 nap nav nav nav
The number of credit cards without a cash function is not significant.
242
Mexico
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits 2 Card payments with cards issued in the country payments by cards with a debit function payments by cards with a credit function E-money payment transactions 3 Cheques Other payment instruments Total number of transactions with payment instruments 4 of which: cross-border transactions sent Memo: Cross-border transactions received 621.20 nap 621.20 38.37 721.74 355.97 365.77 nav 537.17 nap 2008 711.80 nap 711.80 41.28 814.20 417.70 396.50 nav 500.92 nap 2009 762.90 nap 762.90 42.08 851.19 474.90 376.29 nav 461.31 nap 2010 836.17 nap 836.17 45.92 1,009.10 598.56 410.54 nav 428.01 nap 2011 936.51 nap 936.51 52.18 1,232.84 741.83 491.02 nav 398.31 nap
1,918.47 1.00
2,068.20 4.25
2,117.50 5.90
2,319.20 8.20
2,619.85 9.45
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 1,219.10 1,295.80 ATM cash withdrawals 1,219.10 1,295.80 ATM cash deposits nap nap POS payment transactions 750.90 843.50 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions 1,202.60 1,278.07 ATM cash withdrawals 1,202.60 1,278.07 ATM cash deposits nap nap POS payment transactions5 724.27 815.40 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions 16.52 17.70 ATM cash withdrawals 16.52 17.70 ATM cash deposits nap nap POS payment transactions 26.59 28.05 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions 5.32 5.36 ATM cash withdrawals 5.32 5.36 ATM cash deposits nap nap POS payment transactions 37.91 39.81 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1
1,303.80 1,303.80 nap 877.70 nav nav 1,287.10 1,287.10 nap 853.87 nav nav 16.67 16.67 nap 23.82 nav nav 4.39 4.39 nap 35.17 nav nav
1,372.93 1,372.93 nap 1,035.75 nav nav 1,355.97 1,355.97 nap 1,009.02 nav nav 16.97 16.97 nap 26.73 nav nav 4.68 4.68 nap 41.97 nav nav
1,391.46 1,391.46 nap 1,266.93 nav nav 1,375.06 1,375.06 nap 1,238.87 nav nav 16.40 16.40 nap 28.06 nav nav 5.15 5.15 nap 49.29 nav nav
Intrabank transfers + internet transfers to foreign banks + interbank payments to credit cards + SPEI transfers originated by nonbanks + TEF transfers (except those from Bank of Mexico). 2 POS operations + internet intrabank card operations + internet interbank card operations + internet international card operations. 3 Includes cheques in dollars. 4 Internet international transfers + internet international card payments. 5 POS national transactions + cash-back transactions.
243
Mexico
Table 8
(MXN billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a credit function E-money payment transactions Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 71,150.53 nap 71,150.53 123.55 459.31 178.04 281.27 nap 11,811.87 nap 2008 2009 2010 2011
96,776.10 187,691.51 210,597.12 245,953.17 nap nap nap nap 96,776.10 187,691.51 210,597.12 245,953.17 142.96 140.65 172.01 253.16 532.94 581.99 670.27 815.72 210.99 241.42 292.34 359.08 321.95 340.56 377.93 456.64 nap nap nap nap 11,546.17 11,062.46 9,980.62 9,918.29 nap nap nap nap
83,545.27 108,998.16 199,476.61 221,420.02 256,940.33 140.98 203.37 248.65 299.39 406.07
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 1,588.39 1,748.97 ATM cash withdrawals 1,588.39 1,748.97 ATM cash deposits nap nap POS payment transactions 497.68 584.50 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 1,558.05 1,713.63 ATM cash withdrawals 1,558.05 1,713.63 ATM cash deposits nap nap POS payment transactions 457.84 519.90 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 30.34 35.34 ATM cash withdrawals 30.34 35.34 ATM cash deposits nap nap POS payment transactions 39.84 64.60 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 10.44 10.91 ATM cash withdrawals 10.44 10.91 ATM cash deposits nap nap POS payment transactions 47.15 49.04 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
For footnotes, see Table 7.
1,840.66 1,840.66 nap 597.08 nap nap 1,801.08 1,801.08 nap 543.21 nap nap 39.58 39.58 nap 53.88 nap nap 10.51 10.51 nap 52.11 nap nap
244
Mexico
Table 9

(end of year) 2007 Large-value payment systems SPEI Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution 1 Clearing and settlement organisations Other financial institutions Other Retail payment systems CECOBAN Number of participants Direct participants Banks
1
2008
2009
2010
2011
67 67 45 1 21 0 0 0 21 nap
77 77 48 1 28 0 0 2 26 nap
81 81 46 1 34 0 0 2 32 nap
85 85 46 1 38 0 1 2 35 nap
89 89 47 1 41 0 1 2 38 nap
23 23 23
23 23 23
26 26 26
27 27 27
28 28 28
CLS and Indeval (the CSD and SSS). Sources: Bank of Mexico; CECOBAN.
245
Mexico
Table 10

(millions, total for the year) 2007 Large-value payment systems SPEI 1 Total transactions sent Concentration ratio in terms of volume (%) Retail payment systems CECOBAN 2 Total transactions sent credit transfers direct debits cheques Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
29.47 83.8
41.71 80.4
62.21 80.8
85.85 80.1
110.65 78.4
184.70 18.99 6.82 158.89 84.9

2
178.78 22.28 8.42 148.08 83.1
164.26 20.70 9.89 133.67 82.5
158.16 22.20 11.57 124.38 82.2
154.50 24.04 13.84 116.62 83.5
Operations originated by Indeval (the SSS) are excluded.
Returns are excluded.
Table 11

(MXN billions, total for the year) 2007 Large-value payment systems SPEI Total transactions sent Concentration ratio in terms of value (%) Retail payment systems CECOBAN Total transactions sent credit transfers direct debits cheques Concentration ratio in terms of value (%)
For footnotes, see Table 10.
2008
2009
2010
2011
135,395.0 77.1
144,456.7 72.3
128,506.1 68.7
153,095.7 66.8
178,910.0 66.0
4,275.6 915.3 20.5 3,339.9 75.4
4,521.6 1,165.5 26.3 3,329.8 72.6
3,969.6 848.4 29.6 3,091.6 75.8
3,714.0 741.1 35.5 2,937.4 83.5
3,774.6 812.7 46.6 2,915.3 80.6
246
Mexico
Table 12

(end of year) 2007 12 12 10 10 10 10 32 32 2008 12 12 11 11 14 10 37 33 2009 13 13 13 13 14 13 40 39 2010 13 13 13 13 16 14 42 40 2011 13 13 13 13 20 20 46 46
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

(thousands, total for the year) 2007 7,001 2,143 914 6,438 2,238 1,857 333 2008 10,155 2,655 964 7,048 2,638 1,773 949 2009 11,122 2,332 737 7,017 2,674 1,390 1,295 2010 11,507 2,587 827 7,364 2,975 1,440 830 2011 12,630 2,785 966 8,918 3,233 1,647 848
Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
247
Mexico
Table 14

(end of year) 2007 BMV Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants Mexder Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other
Sources: BMV; Mexder.
2008 34 nap nap nap 34 34 nap nap nap 34 nap
31 nap nap nap 31 31 nap nap nap 31 nap
43 nap nap 8 35 37 nap nap 8 29 6 nap nap nap 6
248
Mexico
Table 15

(end of year) 2007 BMV Total number of listed securities debt securities short-term paper bonds equity Mexder Total number of listed securities
2008 587 434 nav nav 153
2009 621 468 nav nav 153
2010 651 497 nav nav 154
2011 722 569 nav nav 153
542 389 nav nav 153
nap
nap
nap
nap
nap
Table 16

(MXN billions, end of year) 2007 BMV Total market capitalisation/equity Mexder Total market capitalisation/equity
2008 3,220.9
2009 4,596.1
2010 5,603.9
2011 5,703.4
4,340.9
nap
nap
nap
nap
nap
249
Mexico
Table 17

(thousands, total for the year) 2007 BMV Total number of executed securities trades debt securities short-term paper bonds equity Total number of executed derivatives trades Mexder Total number of executed securities trades Total number of executed derivatives trades financial futures financial options
2008 4,571.1 1.7 nav nav 4,569.3 nap
2009 7,475.7 2.6 nav nav 7,473.2 nap
2010 8,449.9 2.3 nav nav 8,447.6 nap
2011 11,190.6 2.9 nav nav 11,187.7 nap
3,562.7 0.7 nav nav 3,562.0 nap
nap 228,972.0 228,841.5 130.5
nap 70,143.7 69,506.1 637.6
nap 48,780.7 48,394.1 386.6
nap 42,595.6 41,827.3 768.3
nap 46,759.0 46,246.4 512.6
Table 18

(MXN billions, total for the year) 2007 BMV Total value of executed securities trades debt securities short-term paper bonds equity Total value of executed derivatives trades Mexder Total value of executed securities trades Total value of executed derivatives trades financial futures financial options
2008 1,435.73 24.44 nav nav 1,411.29 nap
2009 1,855.58 378.13 nav nav 1,477.44 nap
2010 2,101.21 2.76 nav nav 2,098.45 nap
2011 2,101.26 3.83 nav nav 2,097.43 nap
1,417.72 2.95 nav nav 1,414.77 nap
nap 23,032.49 22,995.56 36.94
nap 7,301.09 7,284.98 16.11
nap 5,170.68 5,160.24 10.45
nap 4,814.28 4,764.12 50.16
nap 5,240.43 5,215.55 24.88
250
Mexico
Table 19

(end of year) 2007 CCV Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members Asigna1 Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members
1
5 nap nap 5 nap 5 nap nap 5 nap nap
5 nap nap 5 nap 5 nap nap 5 nap nap
Until 2009, the figures indicate the number of trusts used as clearing members; since 2010 the data represent the number of banks that operate those trusts. Sources: CCV; Asigna.
251
Mexico
Table 20

(thousands, total for the year) 2007 CCV Total number of contracts and transactions cleared Number of securities transactions cleared equity of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared Asigna Total number of contracts and transactions cleared Number of securities transactions cleared Number of exchange-traded derivatives contracts cleared financial futures financial options Number of OTC derivatives contracts cleared
Sources: CCV; Asigna.
2008
2009
2010
2011
4,032.3 4,032.3 4,032.3
5,184.3 5,184.3 5,184.3
8,268.3 8,268.3 8,268.3
9,346.3 9,346.3 9,346.3
12,291.6 12,291.6 12,291.6
nap
nap
nap
nap
nap
nap nap
nap nap
nap nap
nap nap
nap nap
228,972.0 nap
70,143.7 nap
48,780.7 nap
42,595.6 nap
46,759.0 nap
228,972.0 228,841.5 130.5 nap
70,143.7 69,506.1 637.6 nap
48,780.7 48,394.1 386.6 nap
42,595.6 41,827.3 768.3 nap
46,759.0 46,246.5 512.5 nap
252
Mexico
Table 21

(MXN billions, total for the year) 2007 CCV Total value of contracts and transactions cleared Value of securities transactions cleared equity of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared Asigna Total value of contracts and transactions cleared Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared financial futures financial options Value of OTC derivatives contracts cleared
Sources: CCV; Asigna.
2008 1,772.4 1,772.4 1,772.4
2009 1,742.2 1,742.2 1,742.2
2010 2,772.6 2,772.6 2,772.6
2011 2,729.4 2,729.4 2,729.4
1,574.6 1,574.6 1,574.6
nap
nap
nap
nap
nap
nap nap
nap nap
nap nap
nap nap
nap nap
22,997.2 nap
7,286.1 nap
5,160.9 nap
4,766.0 nap
5,216.4 nap
22,997.2 22,995.6 1.6 nap
7,286.1 7,285.0 1.2 nap
5,160.9 5,160.2 0.7 nap
4,766.0 4,764.1 1.9 nap
5,216.4 5,215.5 0.8 nap
253
Mexico
Table 22

(end of year) 2007 Indeval Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other
Source: Indeval.
2008 109 1 1 1 56 50 106 1 1 0 54 50 3 0 0 1 2 0
2009 110 1 1 1 56 51 106 1 1 0 53 51 4 0 0 1 3 0
2010 111 1 1 1 54 54 107 1 1 0 52 53 4 0 0 1 2 1
2011 113 1 1 1 55 55 109 1 1 0 53 54 4 0 0 1 2 1
174 1 1 0 81 91 155 1 1 0 62 91 19 0 0 0 19 0
Table 23

(thousands, end of year) 2007 Indeval Total number of securities held debt securities short-term paper bonds equity
Source: Indeval.
2008 6.463 2.166 0.811 1.355 4.297
2009 6.755 2.091 0.718 1.373 4.664
2010 7.532 2.207 0.774 1.433 5.325
2011 7.983 2.249 0.725 1.524 5.734
5.518 2.309 0.944 1.365 3.209
Table 24

(MXN billions, end of year) 2007 Indeval Total value of securities held debt securities short-term paper bonds equity
Source: Indeval.
2008 9,130.3 4,289.6 893.6 3,396.0 4,840.7
2009 11,702.0 4,908.2 983.9 3,924.3 6,793.8
2010 14,021.2 5,445.9 1,045.6 4,400.3 8,575.3
2011 15,305.9 6,516.9 1,148.4 5,368.6 8,789.0
9,277.8 3,852.5 784.5 3,068.0 5,425.4
254
Mexico
Table 25

(thousands, total for the year) 2007 Indeval Total number of delivery instructions DVP debt securities short-term paper bonds equity free of payment debt securities short-term paper bonds equity
Source: Indeval.
2008 4,090.0 1,857.0 1,506.9 222.7 1,284.2 350.1 2,233.0 1,196.7 218.9 977.7 1,036.3
2009 3,871.2 1,774.5 1,417.3 217.9 1,199.5 357.2 2,096.6 922.4 178.8 743.6 1,174.3
2010 4,077.0 1,897.2 1,451.8 165.2 1,286.6 445.4 2,179.8 1,023.6 184.5 839.1 1,156.2
2011 4,645.1 2,171.2 1,671.7 184.2 1,487.5 499.5 2,473.9 1,270.2 217.6 1,052.6 1,203.7
4,132.8 1,896.5 1,560.1 277.7 1,282.4 336.4 2,236.3 1,079.0 234.8 844.2 1,157.3
Table 26

(MXN billions, total for the year) 2007 Indeval Total value of delivery instructions DVP debt securities short-term paper bonds equity free of payment debt securities short-term paper bonds equity
1
2008 854,029.5 499,941.9 498,284.6 61,884.0 436,400.7 1,657.2 354,087.6 339,909.2 59,042.6 280,866.6 14,178.4
2009 892,440.9 558,462.2 556,723.1 78,405.6 478,317.6 1,739.1 333,978.7 323,687.4 80,033.0 243,654.4 10,291.3
2010
2011
805,781.0 466,807.3 465,323.8 76,949.4 388,374.4 1,483.5 338,973.7 329,377.6 55,359.2 274,018.4 9,596.1
940,073.1 1,135,421.5 577,491.2 711,655.1 575,213.8 709,547.7 64,582.1 86,727.3 510,631.6 622,820.4 2,277.4 2,107.4 362,581.9 423,766.3 351,353.5 404,651.1 74,050.9 92,696.9 277,302.6 311,954.2 11,228.5 19,115.2
Market value. Source: Indeval.
255
Mexico
256
Netherlands
Table 1

2007 16,405 571.8 34,854 1.6 0.6793 0.7308 2008 16,486 594.5 36,060 2.2 0.7185 0.6835 2009 16,575 573.2 34,584 1.0 0.6942 0.7190 2010 16,656 588.7 35,347 0.9 0.7484 0.7559 2011 16,726 602.0 35,990 2.5 0.7729 0.7192
1
Yearly average.
Table 2

(EUR billions, end of year) 2007 nap 246.346 nap nap 0.095 0.095 nap 2008 nap 242.893 nap nap 0.091 0.091 nap 2009 nap 278.229 nap nap 0.097 0.097 nap
2
Notes and coin in circulation outside banks1 Value of transferable deposits Narrow money supply (M1)1, 2 Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products on software- or network-based products
1
2010 nap 316.393 nap nap 0.109 0.109 nap
2011 nap 325.587 nap nap 0.111 0.111 nap
These figures are provided solely at an aggregated euro area level (see Euro area, Table 2). government cash plus transferable deposits in all currencies.
Currency in circulation excluding
Table 3

(EUR billions, average for December) 2007 20.883 20.853 0.030 45.366 2008 22.885 22.427 0.458 31.723 2009 21.129 21.086 0.043 45.783 2010 21.030 21.010 0.019 31.779 2011 22.424 22.396 0.028 46.742
Transferable balances held at the central bank1 required reserves free reserves 2 Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight 3 longer-term refinancing operations 4
1
30.599 0.078 35.714

2
11.685 0 44.975
3
5.658 0.003 33.811

4
6.739 0 4.999
3.960 0.002 2.593
Average for the last required reserve period of the year. operations vis--vis the Eurosystem.
At end of year.
Other monetary policy
Table 4
Banknotes and coin1

1
257
Netherlands
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts (thousands) Value of accounts (EUR billions) Memo: Number of accounts, banks (thousands) 4 0 0.007 0 2008 4 0 0.030 0 2009 1 0 0.028 0 2010 1 0 0.104 0 2011 1 0 0.002 0
Banks Number of institutions 322 293 Number of branches or offices 3,550 3,475 Number of accounts (thousands) 23,746.0 23,825.0 of which: number of internet/PC-linked accounts nav nav Value of accounts (EUR billions) 238.53 251.02 Credit institutions legally incorporated in the reporting country Number of institutions 282 256 Number of branches or offices 3,495 3,421 Value of accounts (EUR billions) 237.31 249.74 Branches of euro area-based credit institutions Number of institutions 23 22 Number of branches or offices 33 33 Value of accounts (EUR billions) 0.62 0.65 Branches of EEA-based credit institutions (outside the euro area) Number of institutions 11 9 Number of branches or offices 16 15 Value of accounts (EUR billions) 0.29 0.30 Branches of non-EEA based banks Number of institutions 6 6 Number of branches or offices 6 6 Value of accounts (EUR billions) 0.31 0.33 Other institutions offering payment services to non-banks Number of institutions 32 Number of branches or offices 71 Number of accounts nap Value of accounts nap Institutions offering payment services to non-banks (total) Number of institutions 354 Number of branches or offices 3,625 Number of accounts held by non-banks (thousands) 23,746.0 of which: number of internet/PC-linked accounts nap Value of accounts held by non-banks (EUR billions) 238.53 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
295 3,184 23,819.0 nav 278.26 262 3,137 276.84 22 28 0.72 9 14 0.33 2 5 0.36
290 2,905 24,049.0 nav 316.43 254 2,864 314.81 24 21 0.82 10 15 0.38 2 5 0.41
287 2,705 23,431.0 nav 325.62 250 2,653 323.96 25 32 0.85 10 15 0.39 2 5 0.42
29 193 nap nap
23 370 nap nap
18 nap nap nap
18 nap nap nap
322 3,672 23,825.0 nap 251.05
318 3,555 23,819.0 nap 278.28
308 2,906 24,049.0 nap 316.53
305 2,706 23,459.0 nap 325.62
6 nav
6 nav
9 nav
3 nav
3 nav
Money transfer institutions.
258
Netherlands
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function Cards with a debit function Cards with a delayed debit function Cards with a credit and delayed debit function 1 Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card)1 of which: cards with a combined debit, cash and e-money function 1 Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals of which: EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals
1
2008 31.0 25.2 nap nap 18.2 nap
2009 30.2 24.4 nap nap 24.1 nap
2010 30.4 24.4 nap nap 23.8 nap
2011 30.5 24.4 nap nap 24.0 nap
31.4 25.3 nap nap 18.1 nap
31.4 18.1
31.0 18.2
30.2 24.1
30.4 23.8
30.5 24.0
nap
nap
nap
nap
nap
8,546.0 8,546.0 nap 223,981.0 223,981.0 103,556.0 4,192.0 99,364.0
8,654.0 8,654.0 nap 234,389.0 234,389.0 92,891.0 4,187.0 88,704.0
8,506.0 8,506.0 nap 244,240.0 244,240.0 86,334.0 4,134.0 82,200.0
7,919.0 7,919.0 nap 258,585.0 258,585.0 72,029.0 3,763.0 68,266.0
7,799.0 7,799.0 nap 279,612.0 279,612.0 45,414.0 2,905.0 42,509.0
Excluding e-purse-only cards.
259
Netherlands
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a credit and delayed debit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 1,483.65 159.50 1,324.15 1,176.94 1,695.06 1,606.53 88.52 174.83 174.83 nap nap nap 2008 1,544.16 143.49 1,400.66 1,225.54 1,874.11 1,779.87 94.24 176.12 176.12 nap nap nap 2009 1,497.09 123.86 1,373.22 1,272.13 2,067.71 1,978.12 89.60 177.05 177.05 nap nap nap 2010 1,640.30 105.57 1,534.73 1,310.15 2,294.28 2,197.62 96.67 178.25 178.25 nap nap nap 2011 1,686.33 93.12 1,593.21 1,340.38 2,444.28 2,333.92 110.37 176.86 176.86 nap nap nap
4,530.48 90.09
4,819.93 100.23
5,013.98 103.22
5,422.99 127.30
5,647.85 134.06
43.35
46.34
50.00
62.59
64.53
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 497.45 513.24 ATM cash withdrawals 487.55 502.01 ATM cash deposits 9.90 11.24 POS payment transactions 1,651.00 1,826.21 E-money card loading/unloading transactions 25.08 25.66 E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 479.05 484.24 ATM cash withdrawals 469.16 473.00 ATM cash deposits 9.90 11.24 POS payment transactions 1,621.60 1,792.28 E-money card loading/unloading transactions 25.08 25.66 E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 18.40 29.01 ATM cash withdrawals 18.40 29.01 ATM cash deposits nap nap POS payment transactions 29.40 33.93 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 108.19 122.03 ATM cash withdrawals 34.74 40.21 ATM cash deposits nap nap POS payment transactions 73.45 81.82 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
484.25 471.15 13.10 2,019.04 27.14 nap 467.98 454.88 13.10 1,980.00 27.14 nap 16.27 16.27 nap 39.04 nap nap 128.28 40.57 nap 87.71 nap nap
1 Does not include cross-border payments above EUR 1 million, assumed to be related to corporate treasury operations. Does not include customer (corporate) payments directly settled in TOP.
260
Netherlands
Table 8
Indicators of the use of payment instruments and terminals: value of transactions

(EUR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a credit and delayed debit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 5,939.40 222.10 5,717.30 270.39 80.52 70.76 9.77 0.48 0.48 nap nap nap 2008 5,843.90 210.39 5,633.51 300.52 87.14 76.28 10.86 0.48 0.48 nap nap nap 2009 5,568.79 171.10 5,397.69 277.67 87.63 77.90 9.73 0.48 0.48 nap nap nap 2010 5,772.03 147.57 5,624.46 288.68 93.46 83.47 10.00 0.47 0.47 nap nap nap 2011 6,477.83 131.13 6,346.70 297.21 96.24 85.11 11.13 0.45 0.45 nap nap nap
6,290.79 281.62
6,232.04 302.14
5,934.57 270.62
6,154.65 382.66
6,871.73 388.50
273.82
291.60
259.62
250.85
254.02
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 66.07 68.82 ATM cash withdrawals 57.58 58.57 ATM cash deposits 8.49 10.25 POS payment transactions 76.16 82.20 E-money card loading/unloading transactions 0.51 0.50 E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 63.98 65.41 ATM cash withdrawals 55.49 55.16 ATM cash deposits 8.49 10.25 POS payment transactions 73.04 78.95 E-money card loading/unloading transactions 0.51 0.50 E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 2.09 3.41 ATM cash withdrawals 2.09 3.41 ATM cash deposits nap nap POS payment transactions 3.13 3.25 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 13.22 14.93 ATM cash withdrawals 6.06 6.74 ATM cash deposits nap nap POS payment transactions 7.16 8.19 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
69.12 56.37 12.74 83.31 0.52 nap 66.54 53.80 12.74 79.83 0.52 nap 2.58 2.58 nap 3.47 nap nap 14.06 6.26 nap 7.80 nap nap
1 Does not include cross-border payments above EUR 1 million, assumed to be related to corporate treasury operations. Does not include customer (corporate) payments directly settled in TOP.
261
Netherlands
Table 9

(end of year) 2007 Large-value payment systems TOP (TARGET component) Number of participants Direct participants Banks Central bank Other direct participants General government Clearing and settlement organisations Other financial institutions Indirect participants Retail payment systems Equens Number of participants Direct participants Banks Central bank Indirect participants 2008 2009 2010 2011
132 90 85 1 4 1 3 0 42
102 60 54 1 5 2 3 0 42
103 61 55 1 5 2 3 0 42
99 55 49 1 5 2 3 0 44
100 54 48 1 5 2 3 0 46
57 57 56 1 nap
56 56 55 1 nap
53 53 52 1 nap
48 48 47 1 nap
47 44 43 1 3
262
Netherlands
Table 10

(millions, total for the year) 2007 Large-value payment systems TOP (TARGET component) Credit transfers sent credit transfers sent within TOP credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of volume (%) Retail payment systems Equens Total national transactions sent Credit transfers paper-based credit transfers non-paper-based credit transfers Direct debits Card payments ATM transactions Concentration ratio in terms of volume (%) 2008 2009 2010 2011
7.26 6.31 0.95
9.25 6.44 2.80
9.39 5.66 3.72
8.59 4.41 4.18
8.35 3.66 4.69
1.30 62.1
2.10 53.9
2.50 64.2
2.71 62.5
2.88 68.1
3,802.58 953.33 138.45 814.88 1,022.80 1,617.94 208.50 95.8
4,039.81 999.70 143.32 856.38 1,044.13 1,779.72 216.26 96.5
4,273.44 1,002.31 138.36 863.95 1,081.78 1,973.89 215.46 96.2
4,483.97 1,034.91 131.79 903.13 1,096.76 2,144.10 208.20 95.1
4,021.42 1,067.68 122.60 945.09 1,117.85 1,634.32 201.57 96.8
263
Netherlands
Table 11

(EUR billions, total for the year) 2007 Large-value payment systems TOP (TARGET component) Credit transfers sent credit transfers sent within TOP credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of value (%) Retail payment systems Equens Total national transactions sent Credit transfers paper-based credit transfers non-paper-based credit transfers Direct debits Card payments ATM transactions Concentration ratio in terms of value (%) 2008 2009 2010 2011
39,047.36 19,886.97 19,160.39
58,885.40 39,585.34 19,300.07
63,683.02 44,170.74 19,512.28
77,458.60 55,879.58 21,579.03
79,205.58 56,335.59 22,869.99
19,128.52 72.2
18,789.63 51.3
21,869.34 50.6
21,243.66 43.1
23,056.05 42.4
2,057.22 1,710.72 45.92 1,664.79 255.79 71.17 19.53 95.5
2,013.85 1,633.32 53.91 1,579.41 283.94 76.13 20.46 94.8
1,955.30 1,599.99 54.61 1,545.38 257.34 77.63 20.34 92.6
2,004.96 1,640.68 58.36 1,582.32 262.79 81.24 20.25 88.0
2,049.86 1,700.87 59.38 1,641.48 269.83 60.06 19.10 88.6
264
Netherlands
Table 12

(end of year) 2007 23 23 42 40 38 32 103 95 2008 24 24 41 41 40 36 105 101 2009 25 25 38 37 43 42 106 104 2010 24 24 41 40 54 51 119 115 2011 24 24 42 41 57 56 123 121
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
265
Netherlands
Table 14

(end of year) 2007 Euronext Amsterdam Stock Market Total number of participants Number of domestic participants Number of foreign participants 216 nap nap 2008 nap nap nap 2009 nap nap nap 2010 nap nap nap 2011 nap nap nap
Table 15

(end of year) 2007 Euronext Amsterdam Stock Market Total number of listed securities debt securities short-term paper bonds equity other 5,273 1,566 nap nap 458 3,249 2008 6,058 1,465 nap nap 414 4,179 2009 6,822 1,418 nap nap 364 5,040 2010 8,827 1,358 nap nap 334 7,135 2011 9,773 1,415 nap nap 327 8,031
Table 16

(EUR billions, end of year) 2007 Euronext Amsterdam Stock Market Total market capitalisation/equity 654.13 2008 279.06 2009 389.84 2010 492.87 2011 458.14
266
Netherlands
Table 17

(thousands, total for the year) 2007 Euronext Amsterdam Stock Market Total number of executed securities trades debt securities short-term paper bonds equity other Total number of executed derivatives trades 39,200 260 nap nap 37,124 1,816 13,069.0 2008 45,642 233 nap nap 43,562 1,848 15,510.0 2009 44,155 303 nap nap 41,277 2,575 15,346.0 2010 45,309 287 nap nap 42,700 2,322 15,804 2011 52,196 265 nap nap 49,169 2,763 15,579
Table 18

(EUR billions, total for the year) 2007 Euronext Amsterdam Stock Market Total value of executed securities trades debt securities short-term paper bonds equity other Total value of executed derivatives trades financial futures financial options commodity futures commodity options 1,414.551 69.161 nap nap 1,314.642 30.748 3,134.210 1,336.724 1,797.485 0 0 2008 829.283 31.895 nap nap 771.420 25.968 2,219.059 964.281 1,254.778 nap nap 2009 452.138 13.704 0 0 414.090 24.345 1,369.209 569.531 799.677 nap nap 2010 485.790 7.188 0 0 448.418 30.184 1,819.329 798.551 1,020.778 nap nap 2011 465.277 5.650 nap nap 427.985 31.642 1,752.861 816.032 936.829 nap nap
267
Netherlands
Table 19

2007 LCH.Clearnet SA Total number of clearing members1
1
2008 nav
2009 nav
2010 nav
2011 nav
nav
Table 20

(thousands, total for the year) 2007 LCH. Clearnet SA Total number of contracts and transactions cleared Number of securities transactions cleared equity of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared financial futures financial options commodity futures commodity options Number of OTC derivatives contracts cleared 2008 2009 2010 2011
398,324 78,010 78,010
403,946 90,503 90,503
335,316 87,805 87,805
338,781 90,093 90,093
329,553 104,246 104,246
nap
nap
nap
nap
nap
320,314 26,375 293,939 nav nav nap
313,443 24,969 288,474 nav nav nap
247,511 20,991 226,520 nav nav nap
248,688 23,874 224,814 nav nav nap
225,307 25,212 200,095 nav nav nap
Table 21

(EUR billions, total for the year) 2007 LCH. Clearnet SA Total value of contracts and transactions cleared Value of securities transactions cleared equity of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared financial futures financial options commodity futures commodity options Value of OTC derivatives contracts cleared 5,087.41 2,336.03 2,336.03 2008 6,292.78 1,558.40 1,558.40 2009 3,604.28 864.34 864.34 2010 4,559.20 935.40 935.40 2011 4,399.48 905.26 905.26
nap
nap
nap
nap
nap
2,751.38 2,674.28 77.10 nav nav nap
4,734.38 1,931.14 2,803.23 0 0 nap
2,739.94 1,137.66 1,602.28 0 0 nap
3,623.79 1,595.36 2,028.43 nav nav nap
3,494.22 1,630.49 1,863.72 nav nav nap
268
Netherlands
Table 22

(end of year) 2007 Euroclear Netherlands Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other 59 1 2 13 43 0 39 1 2 0 36 0 20 0 0 13 7 0 2008 54 1 0 13 40 0 35 1 0 0 34 0 19 0 0 13 6 0 2009 74 1 1 2 28 42 17 1 0 0 2 14 57 0 1 2 26 28 2010 70 1 1 2 25 41 17 1 0 0 1 15 53 0 1 2 24 26 2011 67 1 1 2 24 39 17 1 0 0 1 15 50 0 1 2 23 24
Table 23

(thousands, end of year) 2007 Euroclear Netherlands Total number of securities held debt securities bonds equity other1
1
2008 9 3 3 1 5
2009 11 3 2 1 8
2010 14 3 3 1 11
2011 9 1 1 1 7
7 2 2 1 4
Since 2007, includes equity-linked instruments.
Table 24

(EUR billions, end of year) 2007 Euroclear Netherlands Total value of securities held debt securities short-term paper bonds equity other 944.60 383.51 27.61 355.90 542.22 18.87 2008 818.97 521.97 97.77 424.19 275.18 21.82 2009 879.59 486.01 64.98 421.03 370.15 23.44 2010 924.50 492.68 52.21 440.47 400.88 30.94 2011 865.54 490.15 46.46 443.69 337.52 37.87
269
Netherlands
Table 25

(thousands, total for the year) 2007 Euroclear Netherlands Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other 4,597 3,377 114 0 114 3,263 0 1,221 123 0 123 1,098 0 2008 4,399 3,276 120 0 120 3,156 0 1,123 121 0 121 1,002 0 2009 4,823 4,466 276 6 270 3,477 713 357 54 1 53 270 33 2010 4,879 4,620 263 5 258 3,535 822 259 33 0 33 186 40 2011 5,214 4,742 231 5 226 3,515 996 472 57 1 56 244 171
Table 26

270
Russia
Table 1

2007 142,115 33,247.5 233,948 11.9 24.55 25.57 2008 141,956 41,276.8 290,772 13.3 29.38 24.81 2009 142,433 38,807.2 272,459 8.8 30.24 31.68
2
Population (thousands) GDP (RUR billions) GDP per capita (RUR) 2 Consumer price inflation (%) Exchange rate (RUR/USD): end of year average
2010 142,914 45,172.7 316,083 8.8 30.48 30.36
2011 142,961 54,585.6 381,822 6.1 32.20 29.35
1 Yearly average, calculated on the basis of data of the Federal State Statistics Service. previous year. Sources: Bank of Russia; Federal State Statistics Service.
December on December of the
Table 2

(RUR billions, end of year) 2007 3,702.2 3,829.4 nav nav nav 2008 3,794.8 3,787.5 nav nav nav 2009 4,038.1 4,247.6 nav nav nav 2010 5,062.7 5,762.6 nav nav nav 2011 5,936.2 6,882.4 nav nav nav
Notes and coin in circulation outside banks Value of transferable deposits Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages
271
Russia
Table 3

(RUR billions, average for December) 2007 710.79 124.09 586.70 131.37 2008 645.70 37.62 608.08 147.99 2009 613.80 195.04 418.76 134.89 2010 625.90 233.08 392.82 162.86 2011 606.42 501.71 104.72 228.73
Transferable balances held at the central bank 1 required reserves free reserves Transferable balances held at other banks Memo: Credit extended by the central bank: 2 intraday overnight 3 4 longer refinancing operations (repos)
1
59.24 0.93 75.63
88.20 0.63 2,228.81
115.32 2.16 818.59
143.83 0.83 24.02
204.72 0.72 964.24
Averaged required reserves (the period of averaging for December since 2009: 10 December of the current year - 10 January of the next year). 2 Daily average value of extended intraday credit. 3 December daily average liabilities for extended overnight credit. 4 December daily average liabilities of credit institutions for lombard loans and other credits, as well as liabilities for repo and currency swap transactions and unsecured credits.
Table 4
Banknotes and coin

(RUR billions, end of year) 2007 4,124.24 4,103.79 859.78 2,471.07 619.07 112.37 30.43 11.04 0.04 20.45 nap 3.49 6.75 2.99 3.97 1.59 1.36 0.24 0.06 422.00 3,702.24 2008 4,378.13 4,354.45 1,466.15 2,211.65 527.87 108.11 28.70 11.93 0.04 23.68 nap 4.10 7.66 3.56 4.58 1.87 1.57 0.27 0.07 583.30 3,794.83 2009 4,629.72 4,603.47 1,861.46 2,105.55 488.71 105.80 29.44 12.48 0.04 26.24 nap 4.91 8.23 3.94 4.94 2.10 1.76 0.29 0.07 591.66 4,038.05 2010 5,792.29 5,756.36 2,859.57 2,261.65 486.99 108.53 31.42 8.17 0.04 35.93 nap 12.44 9.09 4.37 5.36 2.36 1.95 0.29 0.07 729.55 5,062.75 2011 6,902.79 6,854.32 3,904.44 2,338.65 462.99 110.90 32.21 5.10 0.04 48.47 0.03 23.59 9.58 4.66 5.59 2.58 2.07 0.29 0.07 966.59 5,936.20
Total banknotes and coin issued Total banknotes issued RUR 5000 RUR 1000 RUR 500 RUR 100 RUR 50 RUR 10 RUR 5 Total coin issued of which: RUR 25 RUR 10 RUR 5 RUR 2 RUR 1 RUR 0.5 RUR 0.1 RUR 0.05 RUR 0.01
Banknotes and coin held by banks1 Banknotes and coin in circulation outside banks
1
Including banknotes and coin in the vaults of the Bank of Russia.
272
Russia
Table 5

(end of year) 2007 Central bank 1 Number of branches or offices Number of accounts, (thousands) Value of accounts, all (RUR billions) Memo: Number of accounts, banks (thousands) Banks 2 Number of institutions 3 Number of branches or offices 4 Number of accounts (thousands) of which: number of internet/PC-linked accounts (thousands) 5, 6 Value of accounts (RUR billions) 782 74.48 2,278.6 3.42 2008 632 69.11 2,009.4 3.50 2009 630 62.37 2,055.6 3.31 2010 608 61.97 1,903.9 3.12 2011 543 69.98 2,941.5 3.05
1,136 39,163 434,663 3,924 8,437.2
1,108 41,554 483,292 6,172 9,457.8
1,058 40,672 521,851 7,894 11,376.5
1,012 41,284 556,465 12,747 14,707.8
978 43,317 619,819 22,514 17,243.0
Other institutions offering payment services to non-banks: Federal State Unitary Enterprise "Russian Post" Number of institutions 1 1 1 1 1 Number of branches or offices 40,489 40,482 40,486 41,575 41,617 Number of accounts nap nap nap nap nap Value of accounts nap nap nap nap nap Institutions offering payment services to non-banks (total) Number of institutions 1,138 Number of branches or offices 80,434 Number of accounts held by non-banks (thousands)4 434,738 of which: number of internet/PC-linked accounts (thousands) 3,924 Value of accounts held by non-banks (RUR billions)5, 6 10,715.8 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
1,110 82,668 483,361 6,172 11,467.2
1,060 81,788 521,913 7,894 13,432.1
1,014 83,467 556,527 12,747 16,611.7
980 85,477 619,889 22,514 20,184.5
nav nav
nav nav
nav nav
nav nav
nav nav
Bank of Russia branches. 2 Including settlement non-bank credit institutions. 3 Including branches and additional offices of credit institutions (branches), other subdivisions of credit institutions (branches). 4 Including accounts in foreign currency. 5 Including funds in foreign currency. 6 Including deposits of individuals.
273
Russia
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function 1 Cards with a debit function Cards with a credit function Cards with an e-money function2 of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals
1 Including cards with a delayed debit function. function. 2
2008 119,242.3 109,334.5 9,295.8 612.0 nav
2009 126,032.8 115,390.0 8,600.5 2,042.2 nav
2010 144,418.8 127,786.7 10,047.4 6,584.7 nav
2011 200,169.8 147,872.3 15,025.8 37,271.7 nav
103,496.6 94,097.0 8,944.3 455.2 nav
103,496.6 nav
119,242.3 nav
126,032.8 nav
144,418.8 nav
200,169.8 nav
nav
nav
nav
nav
nav
54,804 54,314 43,857 239,419 239,419 nav
75,018 70,985 65,386 333,247 333,247 nav
88,128 84,498 79,505 354,391 354,391 nav
116,161 97,087 90,733 434,518 434,518 nav
141,897 112,115 106,395 528,511 528,511 nav
Prepaid cards issued by credit institutions refer to cards with an e-money
274
Russia
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1, 2 paper-based non-paper-based 2 Direct debits Card payments with cards issued in the country 3 payments by cards with a debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques 2 Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 1,835.04 1,118.11 716.93 80.50 352.74 334.70 18.04 1.85 1.85 nav 0.263 792.84 2008 2,052.73 1,204.64 848.09 105.18 517.30 489.20 28.10 7.38 7.38 nav 0.033 907.99 2009 2,010.86 1,147.61 863.25 136.10 677.20 641.25 35.95 47.75 47.75 nav 0.010 855.82 2010 2,630.00 1,680.17 949.83 136.68 1,014.27 959.58 54.69 79.11 79.11 nav 0.007 971.57 2011 2,683.59 1,615.94 1,067.65 117.99 1,662.11 1,556.88 105.24 106.19 106.19 nav 0.003 1,076.09
3,063.23 nav
3,590.61 nav
3,727.73 nav
4,831.64 nav
5,645.98 nav
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 1,281.96 1,587.56 ATM cash withdrawals 1,223.91 1,523.84 ATM cash deposits nav nav POS payment transactions 197.75 260.23 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions 1,269.22 1,572.27 ATM cash withdrawals 1,211.35 1,508.72 ATM cash deposits nav nav POS payment transactions 189.86 249.96 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions 12.74 15.29 ATM cash withdrawals 12.56 15.12 ATM cash deposits nav nav POS payment transactions 7.88 10.27 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions 8.00 11.82 ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions 17.86 27.93 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1
1,761.38 1,710.13 nav 339.73 nav nav 1,749.10 1,698.01 nav 329.66 nav nav 12.28 12.12 nav 10.07 nav nav 10.63 nav nav 33.51 nav nav
3
Includes postal transactions. 2 In 2006-2007 and 2009 the methodology of data collection was revised. by cards with delayed debit function.
Includes payments
275
Russia
Table 8
(RUR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1, 2 paper-based non-paper-based 2 Direct debits Card payments with cards issued in the country 3 payments by cards with a debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques 2 Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 464,249.6 59,373.6 404,876.0 6,629.8 655.4 599.2 56.2 1.61 1.61 nav 57.6 4,859.0 2008 504,269.4 62,480.0 441,789.4 6,605.0 1,163.7 1,077.2 86.5 9.81 9.81 nav 7.5 9,376.2 2009 372,329.6 46,267.4 326,062.3 2,226.5 1,256.4 1,157.2 99.2 34.10 34.10 nav 3.5 4,788.9 2010 374,689.5 54,186.8 320,502.7 1,334.9 1,875.3 1,733.9 141.5 72.76 72.76 nav 2.2 4,927.4 2011 433,553.9 60,473.4 373,080.5 1,442.6 3,377.1 3,135.0 242.1 198.35 198.35 nav 0.5 5,574.0
476,453.0 nav
521,431.7 nav
380,639.0 nav
382,902.0 nav
444,146.5 nav
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 5,863.6 8,118.4 ATM cash withdrawals 4,991.9 7,034.7 ATM cash deposits nav nav POS payment transactions 363.4 579.8 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions 5,784.2 8,030.5 ATM cash withdrawals 4,922.1 6,955.0 ATM cash deposits nav nav POS payment transactions 306.5 513.8 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions 79.5 87.9 ATM cash withdrawals 69.9 79.7 ATM cash deposits nav nav POS payment transactions 56.9 66.0 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions 71.7 110.0 ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions 111.5 171.9 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1
3
14,041.4 12,560.3 nav 1,604.5 nav nav 13,948.3 12,472.0 nav 1522.7 nav nav 93.0 88.3 nav 81.8 nav nav 138.0 nav nav 397.8 nav nav
Includes postal transactions. 2 In 2006-2007 and 2009 the methodology of data collection was revised. by cards with a delayed debit function.
Includes payments
276
Russia
Table 9

(end of year) 2007 Large-value payment systems BESP system Number of participants Direct participants 1 Banks Central bank2 Other direct participants General government 3 Clearing and settlement organisations Large-value and retail payment systems VER4 Number of participants Direct participants 1 Banks 2 Central bank Other direct participants Clearing and settlement organisations MER Number of participants Direct participants Banks1 Central bank2 Other direct participants Clearing and settlement organisations Payments using letters of advice Number of participants Direct participants Banks1 Central bank2
1
2008
2009
2010
2011
739 739 515 192 32 nap nap
1,155 1,155 870 205 80 nap nap
3,343 3,343 2,962 292 89 81 8
3,248 3,248 2,885 279 84 82 2
4,087 4,087 3,330 757 nap nap
4,123 4,123 3,493 630 nap nap
3,948 3,948 3,318 630 nap nap
3,738 3,738 3,122 608 8 8
3,590 3,590 3,046 542 2 2
4,087 4,087 3,330 757 nap nap
4,123 4,123 3,493 630 nap nap
3,940 3,940 3,312 628 nap nap
3,738 3,738 3,122 608 8 8
3,594 3,594 3,049 543 2 2
4,203 4,203 3,421 782
4,143 4,143 3,511 632
3,957 3,957 3,327 630
608 608 nap 608
543 543 nap 543
Credit institutions and their branches. 2 Bank of Russia branches. 3 The Federal Treasury and its regional offices. 4 The VER systems (systems of intraregional electronic payments) ensure electronic payments in the Bank of Russia payment system (BRPS) regional subsystems. 5 The MER system (system of interregional electronic payments) ensures electronic payment interaction between the VER systems of different BRPS regional subsystems bilaterally between two different subsystems on a decentralised basis.
277
Russia
Table 10

(millions, total for the year) 2007 Large-value payment systems BESP system Total transactions sent Concentration ratio in terms of volume (%) Large-value and retail payment systems VER Total transactions sent Concentration ratio in terms of volume (%) MER Total transactions sent Concentration ratio in terms of volume (%) Payments using letters of advice Total transactions sent Concentration ratio in terms of volume (%) 2008 2009 2010 2011
nap nap
0.006 71.4
0.063 63.6
0.205 91.4
0.626 18.1
676.88 nap
752.61 nap
748.67 nap
819.34 nap
898.65 nap
154.14 nap
184.44 nap
192.55 nap
238.50 nap
287.62 nap
2.85 nap
3.06 nap
1.66 nap
0.91 nap
0.71 nap
Table 11

(RUR billions, total for the year) 2007 Large-value payment systems BESP system Total transactions sent Concentration ratio in terms of value (%) Large-value and retail payment systems VER Total transactions sent Concentration ratio in terms of value (%) MER Total transactions sent Concentration ratio in terms of value (%) Payments using letters of advice Total transactions sent Concentration ratio in terms of value (%) 2008 2009 2010 2011
nap nap
2,060.4 97.0
106,609.4 98.0
127,309.5 48.0
222,844.1 73.0
375,041.4 nap
423,354.4 nap
432,748.1 nap
444,999.6 nap
600,570.7 nap
69,580.8 nap
88,643.4 nap
69,620.3 nap
81,335.1 nap
92,398.3 nap
1,131.0 nap
2,215.9 nap
887.9 nap
721.0 nap
340.3 nap
278
Russia
Table 12

(end of year) 2007 107 107 37 36 372 357 516 500 2008 106 106 41 41 390 383 537 530 2009 108 108 45 45 391 380 544 533 2010 102 102 43 43 415 401 560 546 2011 101 101 41 41 433 418 575 560
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

(thousands, total for the year) 2007 24,430 11,873 1,780 23,554 10,389 983 13,010 2008 28,820 13,961 1,934 26,640 12,030 1,170 14,846 2009 27,438 14,018 1,702 25,733 12,518 1,177 14,828 2010 31,633 15,831 1,811 28,666 13,886 1,270 16,947 2011 42,528 22,679 1,941 40,496 20,307 1,498 24,751
Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
279
Russia
Table 14

(end of year) 2007 MICEX Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants MICEX SE1 Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants RTS Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants
2008 296 1 0 257 38 296 1 0 257 38 0
2009 300 1 0 267 32 300 1 0 267 32 0
2010 346 1 0 273 72 346 1 0 273 72 0
2011 nap nap nap nap nap nap nap nap nap nap nap
349 1 0 268 80 349 1 0 268 80 0
633 0 0 347 286 633 0 0 347 286 0
669 1 0 355 313 669 1 0 355 313 0
654 1 0 350 303 654 1 0 350 303 0
649 1 0 363 285 649 1 0 363 285 0
634 1 2 354 277 634 1 2 354 277 0
245 0 0 87 158 245 0 0 87 158 0
251 0 0 93 158 251 0 0 93 158 0
227 0 0 87 140 227 0 0 87 140 0
231 0 0 90 141 231 0 0 90 141 0
nap nap nap nap nap nap nap nap nap nap nap
280
Russia
Table 14 (cont)

(end of year) 2007 MICEX-RTS1 Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants
1
2011 576 1 1 493 81 576 1 1 493 81 0
On 19 December 2011 MICEX merged with RTS and a new entity was created - MICEX-RTS. Since the merger all segments of the non-government securities market (including trading segments of the former MICEX and RTS) are operated by MICEX SE. The derivatives market is operated by MICEX-RTS.
281
Russia
Table 15

(end of year) 2007 MICEX Total number of listed securities MICEX SE1 Total number of listed securities debt securities short-term paper bonds equity other RTS Total number of listed securities debt securities bonds equity other MICEX-RTS Total number of listed securities
1
2008 nav
2009 nav
2010 nav
2011 nap
nav
387 264 0 264 123 0
485 341 0 341 144 0
450 317 11 306 133 0
541 384 1 383 157 0
2,020 1,182 4 1,178 828 10
598 152 152 446 0
531 129 129 402 0
501 94 94 407 0
465 61 61 361 43
nap nap nap nap nap
nap
nap
nap
nap
nav
On 19 December 2011 all securities that circulated at RTS were moved to MICEX SE.
Table 16

(RUR billions, end of year) 2007 MICEX Total market capitalisation/equity MICEX SE Total market capitalisation/equity RTS Total market capitalisation/equity MICEX-RTS Total market capitalisation/equity
1
2008 nav
2009 nav
2010 nav
2011 nap
nav
17,565.3
5,578.7
14,873.8
28,974.7
24,695.4
18,928.8
6,952.8
12,884.6
15,189.6
nap
nap
nap
nap
nap
nav
On 19 December 2011 all securities that circulated at RTS were moved to MICEX SE.
282
Russia
Table 17

(thousands, total for the year) 2007 MICEX Total number of executed securities trades debt securities short-term paper 2 bonds Total number of executed derivatives trades financial futures financial options commodity futures commodity options MICEX SE Total number of executed securities trades debt securities short-term paper 2 bonds equity other Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives RTS 4 Total number of executed securities trades 4 debt securities bonds 4 equity4 Total number of executed derivatives trades financial futures financial options commodity futures commodity options MICEX-RTS Total number of executed securities trades Total number of executed derivatives trades
1
2008 180.69 180.69 1.29 179.40 22.36 6.19 0 16.17 0
2009 149.11 149.11 0.80 148.31 27.46 3.85 0 23.61 0
2010 108.53 108.53 2.97 105.57 13,106.33 12,939.01 0 167.32 0
2011 213.60 213.60 0.92 212.68 33,865.01 32,552.54 791.19 510.53 10.74
113.68 113.68 1.29 112.39 4.95 4.95 0 0 0
46,759.61 592.09 0 592.09 46,167.52 0 0.77 nav nav nav nav nav nav
62,629.75 115,739.57 110,480.79 124,727.86 650.11 562.41 712.36 858.98 3.90 11.00 2.23 0.44 646.21 551.41 710.12 858.54 61,979.64 115,177.16 109,768.42 123,866.97 0 0 0.02 1.91 2.95 nav nav nav nav nav nav 307.77 nav nav nav nav nav nav 18,872.03 18,872.03 nav nav nav nav nav 9,412.31 9,412.31 nav nav nav nav nav
163.06 0.60 0.60 162.46
119.57 0.49 0.49 119.08
3,310.21 0.21 0.21 3,310.00
10,233.74 0.04 0.04 10,233.71
13,272.46 0.02 0.02 13,272.44
144,922.70 239,829.67 474,418.40 617,455.74 154,844.88 117,695.00 187,047.14 443,300.75 575,895.35 74,392.20 25,096.50 45,554.96 19,867.32 23,630.50 43,894.28 2,013.60 6,543.42 11,164.83 17,784.44 36,323.01 117.60 684.14 85.50 145.46 235.39
nap nap
nap nap
nap nap
nap nap
nav nav
2011 data are for the period to 15 December. 2 Including eurobonds in foreign currency. 3 Since 19 December 2011 all segments of the non-government securities market (including trading segments of the former MICEX and RTS) are operated by MICEX SE. 4 Including transactions in foreign currency.
283
Russia
Table 18

(RUR billions, total for the year) 2007 MICEX Total value of executed securities trades debt securities short-term paper 2 bonds Total value of executed derivatives trades financial futures financial options commodity futures commodity options MICEX SE Total value of executed securities trades debt securities short-term paper 2 bonds equity other Total value of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives RTS 4 Total value of executed securities trades debt securities bonds equity Total value of executed derivatives trades financial futures financial options commodity futures commodity options MICEX-RTS Total value of executed securities trades Total value of executed derivatives trades
1
2008 26,206.99 26,206.99 1,288.83 24,918.16 3,350.06 3,323.81 0 26.25 0
2009 32,916.29 32,916.29 379.13 32,537.16 643.71 598.41 0 45.30 0
2010 25,688.69 25,688.69 2,501.16 23,187.52 473.35 429.13 0 44.22 0
2011 48,709.81 48,709.81 822.07 47,887.75 1,454.79 1,353.11 57.85 43.08 0.75
22,620.18 22,620.18 8,972.15 13,648.03 2,205.76 2,205.76 0 0 0
43,498.28 12,550.97 0 12,550.97 30,947.32 0 1.76 nav nav nav nav nav nav
48,358.69 14,630.86 122.32 14,508.54 33,727.82 0 0.86 nav nav nav nav nav nav
40,663.96 14,393.93 257.83 14,136.10 26,270.04 0 61.80 nav nav nav nav nav nav
64,029.99 33,883.78 116.41 33,767.36 30,139.21 7.00 1,085.25 1,085.25 nav nav nav nav nav
92,733.13 46,032.07 10.72 46,021.35 46,692.08 8.98 479.07 479.07 nav nav nav nav nav
396.57 1.46 1.46 395.11 7,513.30 6,169.70 1,303.90 37.60 2.10
263.47 6.21 6.21 257.27 11,157.67 9,250.74 1,747.76 144.20 14.98
1,645.79 0.03 0.03 1,645.76 14,168.29 13,399.08 505.46 261.08 2.67
4,224.74 0.03 0.03 4,224.71 29,350.43 27,428.80 1,358.13 557.38 6.12
3,718.84 0.29 0.29 3,718.55 54,856.69 49,490.31 3,699.06 1,654.62 12.71
nap nap
nap nap
nap nap
nap nap
nav nav
2011 data are for the period to 15 December. 2 Including eurobonds in foreign currency. 3 Since 19 December 2011 all segments of the non-government securities market (including trading segments of the former MICEX and RTS) are operated by MICEX SE. 4 Including transactions in foreign currency.
284
Russia
Table 19

(end of year) 2007 MICEX1 Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members RTS CC Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other NCC Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members
1
2008 1,113 1 0 745 367 1,113 1 0 745 367 0
2009 1,188 1 0 772 415 1,188 1 0 772 415 0
2010 786 1 0 474 311 786 1 0 474 311 0
1,069 1 0 701 367 1,069 1 0 701 367 0
132 0 0 53 79 132 0 0 53 79 0 0 0 0 0
390 0 0 109 281 327 0 0 109 218 63 0 0 0 63
368 0 0 105 263 307 0 0 105 202 61 0 0 0 61
351 0 0 106 245 292 0 0 104 188 59 0 0 2 57
387 0 1 123 263 326 0 1 122 203 61 0 0 1 60
3
715 1 1 428 285 715 1 1 428 285 0

Since 1
Not excluding cross-participation. 2 Provides clearing services at selected segments of the MICEX-RTS market. November 2011 NCC provides clearing services at MICEX SE and selected segments of the MICEX-RTS market.
285
Russia
Table 20

(thousands, total for the year) 2007 MICEX1 Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds 2 government bonds equity other of which: number of repurchase transactions cleared debt securities short-term paper bonds government bonds 2 equity other Number of exchange-traded derivatives contracts cleared financial futures commodity futures Number of OTC derivatives contracts cleared RTS CC Total number of contracts and transactions cleared (millions) Number of securities transactions cleared debt securities bonds 4 equity other
4 3
2008
2009
2010
2011
132,259.77 194,716.26 135,196.79 142,567.68 117,321.79 46,873.29 705.77 1.29 519.93 184.56 46,167.52 0 62,810.44 115,888.68 110,589.33 100,925.58 830.80 711.52 820.89 930.16 5.19 11.81 5.20 1.27 626.81 499.29 609.83 640.13 198.81 200.43 205.86 288.75 61,979.64 115,177.16 109,768.42 99,993.97 0 0 0.02 1.46
861.73 280.48 0.28 177.22 102.98 581.25 0
1,095.51 396.75 2.29 261.19 133.27 698.77 0
814.55 255.12 2.82 127.48 124.82 559.43 0
1,280.16 392.31 1.45 260.56 130.30 887.85 0
1,314.38 545.52 0.06 338.36 207.10 768.78 0.08
85,386.47 131,905.81 85,386.47 131,826.08 0 79.73 0 0
19,308.11 19,158.99 149.12 0
31,978.36 31,811.03 167.32 0
16,396.21 16,326.84 69.37 0
144.92 0 0 0 0 0
246.27 22.27 0.14 0.14 22.09 0.05
480.94 3,306.47 0.21 0.21 3,306.14 0.12
624.27 8,496.50 0.03 0.03 8,496.47 0
1,094.77 13,597.16 0.02 0.02 13,597.14 0
of which: number of repurchase transactions cleared equity Number of exchange-traded derivatives contracts cleared (millions) financial futures financial options commodity futures commodity options Number of OTC derivatives contracts cleared
0 0
0.47 0.47
0.35 0.35
19.81 19.81
53.02 53.02
144.92 117.70 25.10 2.01 0.12 0
246.25 190.40 48.51 6.60 0.74 0
477.63 444.89 21.47 11.17 0.10 0
615.78 575.90 21.58 18.19 0.11 0
1,081.17 999.47 44.69 36.76 0.25 0
286
Russia
Table 20 (cont) 2007 NCC5 Total number of contracts and transactions Number of securities transactions cleared debt securities short-term paper bonds government bonds equity other of which: number of repurchase transactions debt securities bonds government bonds equity other Number of exchange-traded derivatives contracts Number of OTC derivatives contracts cleared
1 2
2008 nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap
3
2011 23,693.96 23,693.96 142.42 0.09 129.11 13.22 23,551.08 0.46 239.92 79.52 71.96 7.55 160.40 0.01 0 0
nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap
2011 data are for the period to 1 November 2011. Including eurobonds in foreign currency. Provides clearing services at selected segments of the MICEX-RTS market. 4 Including transactions in foreign currency. 5 2011 data are for the period from 1 November 2011.
287
Russia
Table 21

(RUR billion, total for the year) 2007 MICEX1 Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds 2 government bonds equity other of which: value of repurchase transactions cleared debt securities short-term paper bonds 2 government bonds equity other Value of exchange-traded derivatives contracts cleared financial futures commodity futures Value of OTC derivatives contracts cleared RTS CC Total value of contracts and transactions cleared Value of securities transactions cleared4 debt securities bonds equity4 other of which: value of repurchase transactions cleared equity Value of exchange-traded derivatives contracts cleared financial futures financial options commodity futures commodity options Value of OTC derivatives contracts cleared
3
2008
2009
2010
2011
68,326.077 77,916.599 74,265.767 91,277.272 123,490.484 66,118.558 35,171.239 8,972.240 13,021.568 13,177.431 30,947.319 0 74,565.678 40,837.855 1,411.154 19,286.442 20,140.258 33,727.824 0 73,560.255 47,290.217 616.956 20,766.938 25,906.323 26,270.038 0 89,718.672 59,572.462 2,617.577 25,433.315 31,521.570 30,139.211 7.000 122,731.289 85,088.974 832.790 29,705.903 54,550.281 37,633.550 8.766
37,398.818 21,778.801 1,141.868 9,833.118 10,803.815 15,620.017 0
56,944.182 35,762.968 1,169.273 16,145.005 18,448.690 21,181.214 0
54,038.667 42,090.947 236.322 17,633.232 24,221.393 11,947.719 0
65,853.025 49,077.347 385.432 20,165.152 28,526.763 16,775.677 0
99,141.638 74,897.839 2.594 24,539.865 50,355.380 24,239.090 4.710
2,207.519 2,207.519 0 0
3,350.921 3,324.674 26.247 0
705.512 660.213 45.299 0
1,558.600 1,514.383 44.217 0
759.195 736.649 22.545 0
7,513.300 11,440.562 15,851.295 33,649.741 59,841.489 0 0 0 0 0 13.113 0.001 0.001 13.106 0.006 1,634.299 0.003 0.003 1,634.286 0.010 3,756.180 0.033 0.033 3,756.147 0 3,812.938 0.293 0.293 3,812.645 0
0 0
4.503 4.503
2.500 2.500
354.553 354.553
351.575 351.575
7,513.300 11,427.449 14,216.996 29,893.562 56,028.551 6,169.700 9,384.736 13,422.516 27,428.799 50,583.031 1,303.900 1,880.887 530.150 1,885.166 3,756.905 37.600 145.525 261.370 574.254 1,675.155 2.100 16.301 2.960 5.343 13.460 0 0 0 0 0
288
Russia
Table 21 (cont) 2007 NCC Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds government bonds equity other of which: value of repurchase transactions cleared debt securities bonds government bonds equity other Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared
1
2008 nap nap nap nap nap nap nap nap
2011 18,529.08 18,529.08 9,652.91 0.00 7,609.51 2,043.40 8,875.96 0.21
nap nap nap nap nap nap nap nap
14,599.62 8,592.70 6,670.02 1,922.68 6,006.90 0.02
nap nap
nap nap
nap nap
3 5
nap nap
0 0
2011 data are for the period from 1 November 2011. 2 Including eurobonds in foreign currency. at selected segments of the MICEX-RTS market. 4 Including transactions in foreign currency. from 1 November 2011.
Provides clearing services 2011 data are for the period
289
Russia
Table 22

(end of year) 2007 NDC1 Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other NSD Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other
2
2008 908 1 0 0 491 416 896 1 0 0 490 405 12 0 0 0 1 11
2009 892 1 0 0 495 396 878 1 0 0 493 384 14 0 0 0 2 12
2010 nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap
2011 nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap
817 1 0 0 447 369 811 1 0 0 446 364 6 0 0 0 1 5
nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap
915 1 0 0 510 404 903 1 0 0 508 394 12 0 0 0 2 10
960 1 0 0 577 382 951 1 0 0 575 375 9 0 0 0 2 7
1 In November 2010 NDC merged with MICEX SC and a new entity was created - NSD (see footnote 2). 2 The NSD was founded in November 2010 as a result of the merger between NDC and MICEX SC. NSD provides securities settlement and funds settlement services.
290
Russia
Table 22 (cont) 2007 DCC Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other 408 0 1 0 144 263 372 0 1 0 142 229 36 0 0 0 2 34 2008 416 0 1 0 144 271 381 0 1 0 141 239 35 0 0 0 3 32 2009 439 0 1 0 147 291 404 0 1 0 145 258 35 0 0 0 2 33 2010 408 0 1 0 134 273 374 0 1 0 133 240 34 0 0 0 1 33 2011 391 0 1 0 132 258 367 0 1 0 132 234 24 0 0 0 nav 24
291
Russia
Table 23

(thousands, end of year) 2007 NDC Total number of securities held 1 debt securities short-term paper bonds 1 equity NSD Total number of securities held 1 debt securities short-term paper bonds 1 equity DCC Total number of securities held debt securities bonds equity other
1
2008 2.80 1.20 nav nav 1.60
2009 2.90 1.20 nav nav 1.70
2010 nap nap nap nap nap
2.40 1.10 nav nav 1.30
nap nap nap nap nap
nap nap nap nap nap
nap nap nap nap nap
3.27 1.40 nav nav 1.87
4.18 1.68 nav nav 2.50
3.98 0.65 0.65 3.25 0.08
4.00 0.67 0.67 3.18 0.16
3.99 0.67 0.67 3.13 0.19
4.07 0.76 0.76 3.07 0.24
3.73 0.73 0.73 3.00 0
Including data in foreign currency.
Table 24

(RUR billions, end of year) 2007 NDC Total value of securities held debt securities1 short-term paper bonds 1 equity NSD Total value of securities held debt securities1 short-term paper bonds equity1 DCC Total value of securities held debt securities bonds equity other2
1
2008 5,846.9 5,031.5 nav nav 815.4
2009 7,615.9 6,211.6 nav nav 1,404.3
6,160.6 4,547.6 nav nav 1,613.0
nap nap nap nap nap
nap nap nap nap nap
nap nap nap nap nap
10,855 9,047 nav nav 1,808
9,657.6 7,956.5 nav nav 1,701.1
3,102.5 61.9 61.9 3,040.6 0

2
913.6 50.2 50.2 863.4 0
2,254.5 57.8 57.8 2,196.7 0
3,803.5 39.0 39.0 3,764.5 0
3,293.1 46.4 46.4 3,246.7 0
Data are negligible.
292
Russia
Table 25

(thousands, total for the year) 2007 NDC Total number of delivery instructions DVP 1 debt securities short-term paper bonds 1 equity free of payment debt securities1 short-term paper bonds 1 equity NSD Total number of delivery instructions DVP 1 debt securities short-term paper bonds equity1 free of payment debt securities1 short-term paper bonds equity1 DCC Total number of delivery instructions DVP debt securities equity other2 free of payment debt securities bonds equity other2
1
2008 2,538.07 2,123.14 486.28 nav nav 1,636.86 414.94 62.70 nav nav 352.24
2009 2,483.00 2,199.33 435.52 nav nav 1,763.80 283.68 63.98 nav nav 219.70
2,488.39 2,177.88 478.95 nav nav 1,698.92 310.52 49.68 nav nav 260.84
2,738.06 2,427.72 502.19 nav nav 1,925.53 310.34 41.96 nav nav 268.38
2,594.97 2,400.72 597.30 nav nav 1,803.42 194.25 11.38 nav nav 182.86
387.58 94.29 0 94.29 0 293.29 64.24 64.24 229.05 0

382.70 86.23 0 86.23 0 296.47 48.19 48.19 248.28 0
207.16 53.51 0 53.51 0 153.65 29.23 29.23 124.42 0
348.50 61.30 0 61.30 0 287.20 27.80 27.80 259.40 0
129.75 71.39 0 71.39 0 58.36 0.06 0.06 58.30 0
293
Russia
Table 26

(RUR billions, total for the year) 2007 NDC Total value of delivery instructions DVP 1 debt securities short-term paper bonds 1 equity free of payment debt securities1 short-term paper bonds 1 equity NSD Total value of delivery instructions DVP 1 debt securities short-term paper bonds equity1 free of payment debt securities1 short-term paper bonds equity1 DCC Total value of delivery instructions DVP equity other2 free of payment debt securities bonds equity other2
1
2008 60,979.6 48,496.8 34,923.5 nav nav 13,573.3 12,482.8 5,655.2 nav nav 6,827.7
2009 60,060.8 50,226.7 41,387.5 nav nav 8,839.1 9,834.1 4,800.7 nav nav 5,033.4
60,487.4 44,406.7 27,707.9 nav nav 16,698.8 16,080.7 6,308.7 nav nav 9,772.0
67,745.8 48,472.1 37,294.2 nav nav 11,177.9 19,273.7 11,634.1 nav nav 7,639.6
83,597.5 77,184.0 62,467.3 nav nav 14,716.7 6,413.5 1,846.2 nav nav 4,567.3
8,542.5 800.0 800.0 0 7,742.5 949.5 949.5 6,793.0 0

2
9,118.9 672.5 672.5 0 8,446.4 911.0 911.0 7,535.4 0
3,832.3 358.8 358.8 0 3,473.5 496.0 496.0 2,977.5 0
6,879.3 736.4 736.4 0 6,142.9 1,095.1 1,095.1 5,047.8 0
4,948.5 3,670.4 3,670.4 0 1,278.2 1.3 1.3 1,276.9 0
294
Saudi Arabia
Table 1

2007 24,941.3 1,442.6 57,839 4.1 3.75 3.75 2008 25,787.0 1,786.1 69,265 9.9 3.75 3.75 2009 26,660.9 1,412.6 52,984 5.1 3.75 3.75 2010 27,563.4 1,709.7 62,028 5.4 3.75 3.75 2011 28,376.4 2,239.1 78,906 5.0 3.75 3.75
Population (thousands) GDP (SAR billions) GDP per capita (SAR) Consumer price inflation (%) Exchange rate (SAR/USD): end of year average
Table 2

(SAR billions, end of year) 2007 Notes and coin in circulation outside banks and PostFinance Value of transferable deposits Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages 72.19 311.37 383.56 nav nap 2008 83.01 342.49 425.49 nav nap 2009 88.40 433.16 521.56 nav nap 2010 95.52 530.07 625.59 nav nap 2011 119.93 641.06 760.99 nav nap
295
Saudi Arabia
Table 3

(SAR billions, average for December) 2007 98.60 36.14 3.14 311.37 2008 86.16 44.30 0.75 342.49 2009 149.26 50.32 0.65 433.16 2010 143.86 54.59 0.30 530.07 2011 159.26 62.25 0.18 641.06
nav nav nav
nav nav nav
nav nav nav
nav nav nav
nav nav nav
Table 4
Banknotes and coin

(SAR millions, end of year) 2007 82,210.94 81,986.96 55,889.00 13,090.81 8,106.25 1,888.99 238.38 1,278.00 724.24 771.30 223.98 32.40 88.29 60.32 2.51 32.03 8.08 0.36 10,019.27 72,191.67 2008 94,013.21 93,781.42 69,948.24 7,799.61 10,238.17 2,802.39 244.02 1,230.85 713.18 804.96 231.79 32.56 95.53 60.65 2.51 32.10 8.09 0.36 11,006.80 83,006.39 2009 2010 2011 99,251.63 110,969.14 139,846.05 99,012.25 110,720.06 139,585.40 76,440.23 86,993.46 111,272.53 2,429.26 1,361.34 891.85 13,625.90 15,455.19 19,279.35 3,483.41 3,783.85 4,594.04 201.29 201.18 245.46 1,279.30 1,338.80 1,509.93 714.11 756.75 888.90 838.75 829.49 903.34 239.38 32.48 103.06 60.78 2.51 32.10 8.09 0.36 10,856.27 88,395.35 249.08 32.48 109.75 63.76 2.51 32.10 8.12 0.36 260.65 32.64 119.53 65.34 2.51 32.12 8.15 0.36
Total banknotes and coin issued Total banknotes issued SAR 500 SAR 200 SAR 100 SAR 50 SAR 20 SAR 10 SAR 5 SAR 1 Total coin issued of which: SAR 1 SAR 0.50 SAR 0.25 SAR 0.20 SAR 0.10 SAR 0.05 SAR 0.01 Banknotes and coin held by banks Banknotes and coin in circulation outside banks
15,449.54 19,917.00 95,519.61 119,929.00
296
Saudi Arabia
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts Value of accounts Banks 1 Number of institutions Number of branches or offices 2 Number of accounts (thousands) of which: number of internet/PC-linked accounts (thousands) Value of accounts (SAR billions) Branches of foreign banks Number of institutions Number of branches or offices Value of accounts3 10 nav nav 2008 10 nav nav 2009 10 nav nav 2010 10 nav nav 2011 10 nav nav
21 1,353 9,693 nav 717.56 10 11 nav
23 1,410 12,329 nav 846.12 11 12 nav
23 1,519 13,594 nav 940.55 11 13 8.0
23 1,591 14,522 nav 984.85 11 13 9.0
23 1,646 18,413 nav 1,103.63 11 13 11.0
Other institutions offering payment services to non-banks Number of institutions nap Number of branches or offices nap Number of accounts nap Value of accounts nap Institutions offering payment services to non-banks (total) Number of institutions nap Number of branches or offices nap Number of accounts held by non-banks (thousands) nap of which: number of internet/PC-linked accounts Value of accounts held by non-banks (SAR billions) Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
nap nap nap nap
nap nap nap nap
nap nap nap nap
nap nap nap nap
nap nap nap nap nap
nap nap nap nap nap
nap nap nap nap nap
nap nap nap nap nap
nap nap
nap nap
nap nap
nap nap
nap nap
nap nap
These represent all banks, including foreign bank branches. 2 These represent all accounts maintained by the banks in the form of demand, time and saving, etc. 3 The amounts are included in the total value of accounts.
297
Saudi Arabia
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function Cards with a debit function
2008 12,366.4 12,366.4 nap 1,929.8 nap nap
2009 13,712.9 13,712.9 nap 2,016.1 nap nap
2010 12,162.4 12,162.4 nap nav nap nap
2011 14,262.0 14,262.0 nap nav nap nap
Cards with a credit function Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals
11,104.9 11,104.9 nap 1,760.2 nap nap
11,104.9 11,104.9
12,366.4 12,366.4
13,712.9 13,712.9
12,162.4 12,162.4
14,262.0 14,262.0
nap
nap
nap
nap
nap
7,544.0 7,544.0 7,544.0 61,557.0 61,557.0 nap nap nap
8,893.0 8,893.0 8,893.0 72,351.0 72,351.0 nap nap nap
9,950.0 9,950.0 9,950.0 82,620.0 82,620.0 nap nap nap
10,885.0 10,885.0 10,885.0 80,505.0 80,505.0 nap nap nap
11,766.0 11,766.0 11,766.0 88,793.0 88,793.0 nap nap nap
298
Saudi Arabia
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques
2008 3.00 nap nap 1.72 992.22 992.22 nap 29.38 nap nap nap 7.07 64.33
2009 3.42 nap nap 1.85 1,066.53 1,066.53 nap 31.08 nap nap nap 7.07 67.70
2.19 nap nap 1.01 755.93 755.93 nap 29.19 nap nap nap 7.07 18.88
Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received
811.07 nap
1,093.00 nap
1,172.38 nap
1,366.73 nap
1,616.31 nap
nap
nap
nap
nap
nap
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 656.49 871.53 ATM cash withdrawals 656.49 871.53 ATM cash deposits nap nap POS payment transactions 99.44 120.68 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 644.79 854.88 ATM cash withdrawals 644.79 854.88 ATM cash deposits nap nap POS payment transactions 99.44 120.68 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions nap nap ATM cash withdrawals nap nap ATM cash deposits nap nap POS payment transactions nap nap E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 4.38 5.13 ATM cash withdrawals 4.38 5.13 ATM cash deposits nap nap POS payment transactions nap nap E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
941.70 941.70 nap 124.83 nap nap 925.65 925.65 nap 124.83 nap nap nap nap nap nap nap nap 5.40 5.40 nap nap nap nap
1,074.86 1,074.86 nap 151.18 nap nap 1,059.87 1,059.87 nap 151.18 nap nap nap nap nap nap nap nap 5.77 5.77 nap nap nap nap
1,254.76 1,254.76 nap 190.30 nap nap 1,239.31 1,239.31 nap 190.30 nap nap nap nap nap nap nap nap 5.95 5.95 nap nap nap nap
299
Saudi Arabia
Table 8
(SAR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages Cheques
2008 2,811.96 nap nap 0.33 430.41 430.41 nap 13.41 nap nap nap 713.33 35,936.80
1,871.53 nap nap 0.27 348.17 348.17 nap nap nap nap nap 596.25 33,711.76
Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received
34,656.17 nap
37,080.54 nap
62,400.84 nap
56,880.00 nap
56,030.00 nap
nap
nap
nap
nap
nap
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 308.73 379.01 ATM cash withdrawals 308.73 379.01 ATM cash deposits nap nap POS payment transactions 39.43 51.40 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 308.73 379.01 ATM cash withdrawals 308.73 379.01 ATM cash deposits nap nap POS payment transactions 39.43 51.40 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 1.22 1.59 ATM cash withdrawals 1.22 1.59 ATM cash deposits nap nap POS payment transactions nap nap E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 1.47 1.60 ATM cash withdrawals 1.47 1.60 ATM cash deposits nap nap POS payment transactions nap nap E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
411.29 411.29 nap 56.26 nap nap 411.29 411.29 nap 56.26 nap nap 1.76 1.76 nap nap nap nap 1.84 1.84 nap nap nap nap
300
Saudi Arabia
Table 9

(end of year) 2007 SARIE Number of participants Direct participants Banks Central bank 18 18 17 1 2008 20 20 19 1 2009 20 20 19 1 2010 21 21 20 1 2011 23 23 22 1
Table 10

(millions, total for the year) 2007 Large-value and retail payment systems SARIE Total transactions sent Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
23.79
1
29.88 80.1
30.95 79.9
33.57 78.1
42.83 78.9
77.9
This represents the percentage of total payments sent by the top banks.
Table 11

(SAR billions, total for the year) 2007 Large-value and retail payment systems SARIE Total transactions sent Concentration ratio in terms of value (%)
1
2008
2009
2010
2011
33,674.1
1
35,869.8 68.2
61,216.7 81.4
55,460.1 79.5
54,395.4 76.6
66.0
This represents the percentage of total payments sent by the top banks.
301
Saudi Arabia
Table 12

(end of year) 2007 13 13 9 7 2 2 24 22 2008 13 13 9 9 4 4 26 26 2009 14 14 11 10 6 6 31 30 2010 14 14 15 15 7 7 36 36 2011 14 14 15 15 10 10 39 39
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

(thousands, total for the year) 2007 11,369 9,416 523 2,811 780 171 212 2008 13,799 11,611 575 3,226 900 187 239 2009 15,474 13,262 534 3,488 1,058 175 394 2010 13,744 11,337 503 4,163 1,220 185 528 2011 11,196 8,514 506 4,915 1,327 218 587
Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
302
Saudi Arabia
Table 14

(end of year) 2007 Tadawul Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants central bank central counterparties (CCPs) banks other 39 1 0 17 21 33 1 0 11 21 6 0 0 6 0 2008 51 1 0 19 31 43 1 0 11 31 8 0 0 8 0 2009 58 1 0 20 37 50 1 0 12 37 8 0 0 8 0 2010 62 1 nav 21 40 53 1 nav 12 40 9 nav nav 9 nav 2011 62 1 nav 21 40 53 1 nav 12 40 9 nav nav 9 nav
Table 15

(end of year) 2007 Tadawul Total number of listed securities debt securities bonds equity1 other
1
2008 127 nap nap 127 nap
2009 140 5 5 135 nap
2010 155 7 7 146 2
2011 161 8 8 150 3
111 nap nap 111 nap
The 2009 figure includes one delisted company.
Table 16

(SAR billions, end of year) 2007 Tadawul Total market capitalisation/equity 1,946.4 2008 924.5 2009 1,195.5 2010 1,325.4 2011 1,270.8
303
Saudi Arabia
Table 17

(thousands, total for the year) 2007 Tadawul Total number of executed securities trades debt securities 1 bonds equity other Total number of executed derivatives trades
1
2008
2009
2010
2011
65,665.500 52,135.929 36,458.381 19,555.478 25,549.234 nap nap 0.055 0.070 0.049 nap nap 0.055 0.070 0.049 65,665.500 52,135.929 36,458.326 19,536.143 25,546.933 nap nap nap 19.265 2.252 nav nav nav nav nav
Includes sukuk.
Table 18

(SAR billions, total for the year) 2007 Tadawul Total value of executed securities trades debt securities bonds equity other Total value of executed derivatives trades 2,557.713 nap nap 2,557.713 nap nav 2008 1,962.946 nap nap 1,962.946 nap nav 2009 1,264.039 0.027 0.027 1,264.011 nap nav 2010 760.274 0.434 0.434 759.184 0.655 nav 2011 1,100.761 1.809 1.809 1,098.836 0.116 nav
304
Saudi Arabia
Table 19

(end of year) 2007 Saudi Arabia clearing house Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other 18 1 0 17 0 12 1 0 11 0 6 0 0 6 0 2008 20 1 0 19 0 12 1 0 11 0 8 0 0 8 0 2009 21 1 0 20 0 13 1 0 12 0 8 0 0 8 0 2010 22 1 nav 21 nav 31 1 nav 12 nav 9 nav nav 9 nav 2011 23 1 nav 22 nav 31 1 nav 12 nav 10 nav nav 10 nav
305
Saudi Arabia
Table 20

(thousands, total for the year) 2007 Saudi Arabia clearing house Total number of contracts and transactions cleared Number of securities transactions cleared debt securities 1 bonds equity other of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared
1
2008
2009
2010
2011
65,665.500 52,135.929 36,458.326 19,555.478 25,549.247 65,665.500 52,135.929 36,458.326 19,555.478 25,549.247 nap nap 0.055 0.070 0.062 nap nap 0.055 0.070 0.062 65,665.500 52,135.929 36,458.326 19,536.143 25,546.933 nap nap nap 19.270 2.250
nav
nav
nav
nav
nav
nap nap
nap nap
nap nap
nap nap
nap nap
Includes sukuk.
Table 21

(SAR billions, total for the year) 2007 Saudi Arabia clearing house Total value of contracts and transactions cleared Value of securities transactions cleared debt securities bonds equity 1 other of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared
1
2008 1,962.946 1,962.946 nap nap 1,962.946 nap
2009 1,264.039 1,264.039 0.027 0.027 1,264.011 nap
2010 760.274 760.274 0.434 0.434 759.184 0.655
2011 1,101.010 1,101.010 1.942 1.942 1,098.836 0.232
2,557.713 2,557.713 nap nap 2,557.713 nap
nav
nav
nav
nav
nav
nap nap
nap nap
nap nap
nap nap
nap nap
Includes ETFs.
306
Saudi Arabia
Table 22

(end of year) 2007 Tadawul Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other 40 1 0 1 17 21 34 1 0 1 11 21 6 0 0 0 6 0 2008 52 1 0 1 19 31 44 1 0 1 11 31 8 0 0 0 8 0 2009 59 1 0 1 20 37 51 1 0 1 12 37 8 0 0 0 8 0 2010 63 1 0 1 21 40 54 1 nav 1 12 40 9 nav nav 0 9 nav 2011 56 1 0 1 22 32 46 1 nav 1 12 32 10 nav nav nav 10 nav
Table 23

(millions, end of year) 2007 Tadawul Total number of securities held debt securities bonds 1 equity other
1
2008 39,503.0 nav nap 39,503.0 nap
2009 77,157.1 35,934.0 35,934.0 41,223.1 nap
2010 88,767.7 49,159.0 49,159.0 39,605.4 3.3
2011 93,702.7 53,008.9 53,008.9 40,688.4 5.5
30,618.8 nav nap 30,618.8 nap
Includes sukuk.
Table 24

(SAR billions, end of year) 2007 Tadawul Total value of securities held debt securities bonds 1 equity other
1
2008 924.530 nav nap 924.530 nap
2009 1,231.444 35.934 35.934 1,195.510 nap
2010 1,374.623 49.159 49.159 1,325.390 0.074
2011 1,323.967 53.008 53.008 1,270.842 0.117
1,946.350 nav nap 1,946.350 nap
Includes sukuk.
307
Saudi Arabia
Table 25

(millions, total for the year) 2007 Tadawul Total number of delivery instructions debt securities bonds equity other 65.6655 nav nap 65.6655 nap 2008 52.1359 nav nap 52.1359 nap 2009 36.4584 0.0001 0.0001 36.4583 nap 2010 19.5555 0.0001 0.0001 19.5361 0.0193 2011 25.5492 0.0001 0.0001 25.5469 0.0023
Table 26

(SAR billions, total for the year) 2007 Tadawul Total value of delivery instructions debt securities bonds equity other 2,557.71 nav nap 2,557.71 nap 2008 1,962.95 nav nap 1,962.95 nap 2009 1,264.04 0.03 0.03 1,264.01 nap 2010 760.27 0.43 0.43 759.18 0.66 2011 1,101.01 1.94 1.94 1,098.84 0.23
308
Singapore
Table 1

2007 4,589 267.25 58,238 2.1 1.4412 1.5071 2008 4,839 267.95 55,373 6.6 1.4392 1.4148 2009 4,988 266.66 53,460 0.6 1.4034 1.4545 2010 5,077 310.00 61,060 2.8 1.2875 1.3635 2011 5,184 326.80 63,040 5.2 1.3007 1.2579
Population (thousands) GDP (SGD billions) GDP per capita (SGD) Consumer price inflation (%)2 Exchange rate (SGD/USD): end of year average
1
Mid-year estimates.
Yearly average.
Table 2

(SGD millions, end of year) 2007 16,668.5 47,270.1 63,938.6 nap 177.6 177.6 nap 2008 18,997.4 56,706.4 75,703.8 nap 195.5 195.5 nap 2009 20,216.5 73,255.3 93,471.8 nap 198.8 198.8 nap 2010 22,299.5 90,166.0 112,465.5 nap 203.0 203.0 nap
3
Notes and coin in circulation outside banks1 2 Value of transferable deposits 3 Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products on software-based products
1 Currency in active circulation. circulation and demand deposits. 2
2011 24,690.0 104,428.6 129,118.9 nap 216.6 216.6 nap
Demand deposits of private non-bank customers resident in Singapore.
Currency in active
Table 3

(SGD millions, average for December) 1 2007 9,530.4 9,108.7 421.7 nap 2008 13,466.0 10,315.1 3,150.9 nap 2009 14,004.5 11,754.6 2,249.9 nap 2010 15,878.7 13,119.7 2,759.0 nap 2011 17,815.3 14,895.5 2,919.8 nap
Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight longer refinancing operations
1
0 0 nap
0 0 nap
0 0 nap
0 0 nap
0 0 nap
For institutions' borrowing from the central bank, Sundays and public holidays are excluded.
309
Singapore
Table 4
Banknotes and coin1

(SGD millions, end of year) 2007 18,438 17,570 1,201 6,067 273 1,078 6,449 10 171 1,356 247 573 145 868 6 430 165 124 103 33 7 1,773 16,669
2
Total banknotes and coin issued Total banknotes issued SGD 10,000 SGD 1,000 SGD 500 SGD 100 SGD 50 SGD 25 SGD 20 SGD 10 SGD 5 SGD 2 SGD 1 Total coin issued SGD 5 SGD 1 SGD 0.50 SGD 0.20 SGD 0.10 SGD 0.05 SGD 0.01 Banknotes and coin held by banks2 3 Banknotes and coin in circulation outside banks
Excludes commemorative and numismatic notes and coin. active circulation.
1
2008 20,735 19,830 1,514 7,089 266 1,345 6,953 10 172 1,469 267 601 144 905 6 452 172 129 105 34 7 1,740 18,997
2009 22,239 21,304 1,724 7,564 261 1,419 7,533 10 172 1,588 273 617 143 935 6 470 177 133 107 35 7 2,025 20,217
2010 24,516 23,538 1,768 8,692 255 1,616 8,239 10 172 1,708 288 648 142 977 6 493 186 139 111 36 7 2,220 22,300
3
2011 27,481 26,454 1,882 9,866 251 1,940 9,130 10 172 1,983 322 756 141 1,027 6 519 196 147 115 38 7 2,796 24,690
Currency in
Cash at banks (includes Brunei notes and coin).
310
Singapore
Table 5

(end of year) 2007 Central bank 1 Number of branches or offices Number of accounts Value of accounts Memo: 2, 3 Number of accounts, banks 2 Value of accounts, banks (SGD billions) Banks Number of institutions3 3 Number of branches or offices Number of accounts Value of accounts (SGD billions) 2 Commercial banks 3 Number of institutions 3 Number of branches or offices Value of accounts (SGD billions) Merchant banks Number of institutions3 Number of branches or offices3 Value of accounts
2
2008 1 nav nav 113 13.47
2009 1 nav nav 114 14.00
2010 1 nav nav 120 15.88
2011 1 nav nav 120 17.82
1 nav nav 108 9.53
157 448 nav 314.99 108 399 314.99 49 49 nav
162 457 nav 347.51 113 408 347.51 49 49 nav
164 459 nav 391.4 114 409 391.40 50 50 nav
166 467 nav 433.76 120 421 433.76 46 46 nav
167 475 nav 483.32 120 428 483.32 47 47 nav
Other institutions offering payment services to non-banks: Finance companies Number of institutions3 3 3 3 Number of branches or offices3 39 39 39 Number of accounts nav nav nav Value of accounts (SGD billions)4 10.09 9.98 18.09 Institutions offering payment services to non-banks (total) 3 Number of institutions 161 Number of branches or offices3 488 Number of accounts held by non-banks nav Value of accounts held by non-banks (SGD billions) 325.07 Memo: Electronic money institutions 3 Number of institutions Outstanding value on e-money storages issued by e-money institutions (SGD billions)
1
3 39 nav 18.85
3 39 nav 11.76
166 497 nav 357.48
168 499 nav 409.49
170 507 nav 452.61
171 515 nav 495.09
6 0.18
6 0.20
8 0.20
8 0.20
2
5 0.22
Includes
Singapore (main office). The representative offices in New York and London do not offer cashless payment services. local and foreign banks. 3 As at end-March of the years shown. 4 Non-bank customer deposits.
311
Singapore
Table 6

(end of year) 2007 Cards issued in the country (thousands) 1 Cards with a cash function 1 Cards with a debit function Cards with a delayed debit function 2 Cards with a credit function Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card)3 of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals of which: EFTPOS terminals E-money card terminals e-money card loading/unloading terminals e-money card payment terminals
1
2008 9,625.0 9,625.0 nap 6,278.0 14,705.9 nav
2009 8,959.0 8,959.0 nap 6,703.0 15,329.3 nav
2010 9,841.2 9,841.2 nap 7,520.7 18,318.4 nav
2011 10,205.4 10,205.4 nap 8,334.3 20,438.5 nav
8,933.4 8,933.4 nap 5,650.0 13,870.4 nav
28,453.8 nav
30,608.9 nav
30,991.3 nav
35,680.3 nav
37,295.7 nav
nav
nav
nav
nav
nav
1,906.0 1,906.0 1,906.0 71,272.0 71,272.0 79,672.0 nav 79,672.0
1,999.0 1,999.0 1,999.0 83,896.0 83,896.0 94,582.0 nav 94,582.0
2,131.0 2,131.0 2,131.0 81,477.0 81,477.0 104,169.0 nav 104,169.0
2,444.0 2,444.0 2,444.0 98,738.0 98,738.0 134,162.0 nav 134,162.0
2,525.0 2,525.0 2,525.0 89,877.0 89,877.0 108,265.0 nav 108,265.0
Based on survey data from selected local and foreign banks. For 2009, ATM figures had better data and some previous double3 countings from the banks have been removed. 2 Includes main and supplementary cards for credit and charge cards. All cards with a cash function also have a debit function; they are therefore only counted once here.
312
Singapore
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1, 2 paper-based non-paper-based 1, 2 Direct debits Card payments with cards issued in the country 3 payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages 1, 4 Cheques Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 26.74 nav nav 53.95 169.45 169.45 nav nav 1,662.62 1,662.62 nav 85.81 nav 2008 30.07 nav nav 51.52 182.47 182.47 nav nav 1,869.53 1,869.53 nav 83.46 nav 2009 31.71 nav nav 52.59 205.07 205.07 nav nav 2,047.78 2,047.78 nav 79.14 nav 2010 34.57 nav nav 57.27 203.14 203.14 nav nav 2,195.42 2,195.42 nav 78.30 nav 2011 37.64 nav nav 55.02 221.74 221.74 nav nav 2,888.21 2,888.21 nav 76.78 nav
1,998.58 nav
2,217.05 nav
2,416.29 nav
2,568.69 nav
3,279.39 nav
nav
nav
nav
nav
nav
Transactions per type of terminal Transactions at terminals in the country by cards issued in the country 5 Cash transactions 6.77 ATM cash withdrawals 5 6.77 ATM cash deposits nav POS payment transactions nav E-money card loading/unloading transactions nav E-money card payment transactions nav
1 Does not include on-us payments. 2 IBG transactions. 3 Sum of shared ATM and EFTPOS transactions. 4 Includes both SGD and USD cheques. 5 Cash withdrawals only; the figures are provided by the ATM interchange operators. UP to 2009, figures only include ATM interchange data. From 2009 onwards, figures include in-house ATM data, which make up the majority of ATM cash transactions.
313
Singapore
Table 8
(SGD billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1, 2 paper-based non-paper-based 1, 2 Direct debits Card payments with cards issued in the country 3 payments by cards with a debit function payments by cards with a delayed debit function 4 payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages 1, 5 Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 132.48 nav nav 53.24 40.20 17.56 nav 22.64 1.72 1.72 nav 675.98 nav 2008 153.02 nav nav 59.83 46.14 20.48 nav 25.66 1.91 1.91 nav 631.37 nav 2009 158.33 nav nav 59.33 48.40 22.37 nav 26.03 1.93 1.93 nav 584.63 nav 2010 179.33 nav nav 67.22 55.50 24.55 nav 30.94 1.97 1.97 nav 662.92 nav 2011 197.73 nav nav 73.40 62.10 26.86 nav 35.23 2.20 2.20 nav 684.58 nav
903.62 nav
892.27 nav
852.63 nav
966.94 nav
1,020.01 nav
nav
nav
nav
nav
nav
Transactions per type of terminal Transactions at terminals in the country by cards issued in the country 6 Cash transactions 1.29 ATM cash withdrawals 6 1.29 ATM cash deposits nav POS payment transactions nav E-money card loading/unloading transactions nav E-money card payment transactions nav
1
Does not include on-us payments. 2 IBG transactions. 3 Sum of shared ATM and EFTPOS transactions. 4 Includes charge cards. 5 Includes both SGD and USD cheques; USD cheques up to 2009 converted at end-year exchange rates. From 2010 onwards, average exchange rates are used. 6 Cash withdrawals only; the figures are provided by the ATM interchange operators. Up to 2009, figures only include ATM interchange data. From 2009 onwards, figures include in-house ATM data, which make up the majority of ATM cash transactions.
314
Singapore
Table 9

(end of year) 2007 Large-value payment systems MEPS+(IFT) Number of participants Direct participants Banks Central bank Indirect participants Retail payment systems Singapore dollar cheque clearing system Number of participants Direct participants Banks Central bank Indirect participants US dollar cheque clearing system Number of participants Direct participants Banks Indirect participants IBG clearing system Number of participants Direct participants Banks Indirect participants 2008 2009 2010 2011
118 58 57 1 60
119 60 59 1 59
135 63 62 1 72
135 64 63 1 71
136 64 63 1 72
63 34 33 1 29
61 34 33 1 27
63 34 33 1 29
64 34 33 1 30
64 34 33 1 30
44 31 31 13
45 32 32 13
46 31 31 15
47 31 31 16
48 32 32 16
42 35 35 7
38 31 31 7
43 37 37 6
45 33 33 12
45 39 39 6
315
Singapore
Table 10

(millions, total for the year) 2007 Large-value payment systems MEPS+(IFT) Total transactions sent Concentration ratio in terms of volume (%) Retail payment systems Singapore dollar cheque clearing system Total transactions sent cheques Concentration ratio in terms of volume (%) US dollar cheque clearing system Total transactions sent cheques Concentration ratio in terms of volume (%) IBG clearing system Total transactions sent credit transfers direct debits Concentration ratio in terms of volume (%) 2008 2009 2010 2011
3.460 nav
3.780 nav
3.690 nav
4.020 nav
4.400 nav
84.870 84.870 88.2
82.510 82.510 87.8
78.240 78.240 88.3
77.366 77.366 88.2
75.814 75.814 88.3
0.940 0.940 74.4
0.960 0.960 74.5
0.900 0.900 76.1
0.963 0.963 76.4
0.964 0.964 76.5
80.700 26.740 53.954 87.3
81.580 30.070 51.516 86.4
84.300 31.710 52.594 87.1
91.834 34.568 57.266 87.5
92.663 37.641 55.022 86.9
316
Singapore
Table 11

(SGD billions, total for the year) 2007 Large-value payment systems MEPS+(IFT) Total transactions sent Concentration ratio in terms of value (%) Retail payment systems Singapore dollar cheque clearing system Total transactions sent cheques Concentration ratio in terms of value (%) US dollar cheque clearing system Total transactions sent cheques
1
2008
2009
2010
2011
17,356.00 nav
19,067.00 nav
16,608.00 nav
16,486.00 nav
17,429.00 nav
626.74 626.74 83.6
579.14 579.14 82.3
535.77 535.77 86.0
604.33 604.33 83.7
622.50 622.50 83.3
47.09 47.09 69.5
52.23 52.23 70.1
48.86 48.86 74.5
58.59 58.59 70.0
62.08 62.08 71.1
Concentration ratio in terms of value (%) IBG clearing system Total transactions sent credit transfers direct debits Concentration ratio in terms of value (%)
1
185.72 132.48 53.24 80.1
212.85 153.02 59.83 80.2
217.66 158.33 59.33 81.7
246.56 179.33 67.22 81.6
271.13 197.73 73.40 81.4
Up to 2009, aggregated figures converted at end-year exchange rates. From 2010 onwards, average exchange rates are used.
317
Singapore
Table 12

(end of year) 2007 8 8 139 139 17 14 164 161 2008 8 8 144 142 16 14 168 164 2009 8 8 144 144 20 18 172 170 2010 8 8 145 145 24 22 177 175 2011 8 8 145 145 27 26 180 179
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
318
Singapore
Table 14

(end of year) 2007 SGX Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants Number of foreign participants 3,651 nav nav nav nav nav nav 2008 3,816 nav nav nav nav nav nav 2009 4,011 nav nav nav nav nav nav 2010 4,243 nav nav nav nav nav nav 2011 4,336 nav nav nav nav nav nav
Table 15

(end of year) 2007 SGX Total number of listed securities debt securities short-term paper bonds equity other 1,788 990 nav nav 781 17 2008 1,848 1,043 nav nav 786 19 2009 1,834 1,021 nav nav 773 40 2010 1,960 1,084 nav nav 778 98 2011 2,056 1,146 nav nav 773 137
Table 16

(SGD billions, end of year) 2007 SGX Total market capitalisation/equity 776.14 2008 577.28 2009 670.35 2010 901.93 2011 775.78
319
Singapore
Table 17

(thousands, total for the year) 2007 SGX Total number of executed securities trades debt securities equity other Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives 27,860.12 nav nav nav 44,257.33 43,741.57 465.25 nav 50.51 nav nav 2008 22,661.67 nav nav nav 61,891.91 61,605.34 235.93 nav 50.65 nav nav 2009 22,846.68 nav nav nav 53,210.08 52,996.51 114.67 nav 98.90 nav nav 2010 21,723.46 nav nav nav 60,874.26 60,085.64 632.98 nav 155.64 nav nav 2011 20,838.27 nav nav nav 72,247.72 69,713.26 2,091.08 nav 443.39 nav nav
Table 18

(SGD billions, total for the year) 2007 SGX Total value of executed securities trades debt securities short-term paper bonds equity other Total value of executed derivatives trades 604.60 29.36 nav nav 575.24 nav nav 2008 386.56 21.22 nav nav 365.34 nav nav 2009 341.67 9.99 nav nav 331.68 nav nav 2010 405.25 6.27 nav nav 398.99 nav nav 2011 373.23 7.53 nav nav 365.70 nav nav
320
Singapore
Table 19

(end of year) 2007 CDP Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members Number of foreign clearing members 65 nav nav nav nav nav nav 2008 66 nav nav nav nav nav nav 2009 62 nav nav nav nav nav nav 2010 63 nav nav nav nav nav nav 2011 63 nav nav nav nav nav nav
Table 20

(millions, total for the year) 2007 CDP Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds equity other of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared 682.85 nav 116.35 nav nav 566.50 nav 2008 336.68 nav 75.90 nav nav 260.78 nav 2009 427.20 nav 34.14 nav nav 393.06 nav 2010 423.81 nav 30.09 nav nav 393.72 nav 2011 357.96 nav 52.26 nav nav 305.70 nav
nav
nav
nav
nav
nav
nav nav
nav nav
nav nav
nav nav
nav nav
Table 21

(SGD billions, total for the year) 2007 CDP Total value of contracts and transactions cleared Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared 604.60 nav 2008 386.56 nav 2009 341.67 nav 2010 407.70 nav 2011 365.70 nav
nav nav
nav nav
nav nav
nav nav
nav nav
321
Singapore
Table 22

(end of year) 2007 MEPS+(SGS) Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants Number of foreign participants DCSS Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants Number of foreign participants CDP Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants Number of foreign participants 58 nav nav nav nav nav nav nav 2008 60 nav nav nav nav nav nav nav 2009 63 nav nav nav nav nav nav nav 2010 64 nav nav nav nav nav nav nav 2011 64 nav nav nav nav nav nav nav
322
Singapore
Table 23

Table 24

(SGD billions, end of year) 2007 MEPS+(SGS) Total value of securities held DCSS Total value of securities held CDP Total value of securities held debt securities short-term paper bonds equity other nav 2008 nav 2009 nav 2010 nav 2011 nav
nav
nav
nav
nav
nav
1,329.64 549.25 nav nav 780.39 nav
958.33 577.23 nav nav 381.10 nav
1,253.22 670.35 nav nav 582.87 nav
1,452.45 623.29 nav nav 829.16 nav
1,352.07 576.29 nav nav 775.78 nav
323
Singapore
Table 25

(thousands, total for the year) 2007 MEPS+(SGS) Total number of delivery instructions DVP free of payment DCSS Total number of delivery instructions DVP free of payment CDP Total number of delivery instructions DVP free of payment 60.00 nav nav 2008 83.00 nav nav 2009 59.00 nav nav 2010 71.00 nav nav 2011 79.00 nav nav
44,206.82 nav nav
61,841.27 nav nav
53,111.18 nav nav
60,085.64 nav nav
nav nav nav
465.89 nav nav
483.93 nav nav
410.96 nav nav
309.74 nav nav
305.70 nav nav
Table 26

(SGD billions, total for the year) 2007 MEPS+(SGS) Total value of delivery instructions DVP free of payment DCSS Total value of delivery instructions DVP free of payment CDP Total value of delivery instructions DVP free of payment 868.00 nav nav 2008 855.00 nav nav 2009 691.00 nav nav 2010 804.00 nav nav 2011 921.00 nav nav
7.30 nav nav
5.84 nav nav
0.23 nav nav
0.39 nav nav
nav nav nav
604.60 nav nav
386.56 nav nav
341.67 nav nav
407.70 nav nav
365.70 nav nav
324
South Africa
Table 1

2007 48,554 2,016.2 41,525 9.0 6.7860 7.0540 2008 49,108 2,262.5 46,072 9.5 9.3040 8.2520 2009 49,633 2,398.2 48,318 6.3 7.3720 8.4370 2010 50,133 2,661.4 53,087 3.5 6.6220 7.3220 2011 50,629 2,964.3 58,549 6.1 8.1320 7.2530
Population (thousands) GDP (ZAR billions) GDP per capita (ZAR) Consumer price inflation (%) Exchange rate (ZAR/USD): end of year average
Table 2

(ZAR billions, end of year) 2007 53.61 401.17 283.54 738.32 2.06 nap 2008 57.36 410.79 285.47 753.63 4.29 nap 2009 61.78 396.87 347.61 806.26 2.35 nap 2010 65.08 460.52 337.19 862.79 1.91 nap 2011 75.40 516.02 355.49 946.91 4.19 nap
Notes and coin in circulation outside banks Value of transferable deposits Other Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages
325
South Africa
Table 3

(ZAR billions, end of year except as noted) 2007 41.68 40.85 0.83 131.04 2008 46.74 47.64 -0.90 143.09 2009 46.41 48.99 -2.58 143.04 2010 53.18 52.43 0.75 90.72 2011 55.10 57.17 -2.07 107.28
Transferable balances held at the central bank 2 required reserves 3 free reserves Transferable balances held at other banks Memo: Credit extended by the central bank: 4 overnight 5 longer refinancing operations (repos)
0 10.80
0 10.75
0 7.60
0 18.30
0.22 17.10
1 Actual cash reserve requirements. 2 Statutory cash reserve requirement applicable. 3 South Africa allows cash reserve averaging. Free reserves is therefore calculated as the difference between actual and statutory cash reserves. A negative figure implies that banks utilised their cash reserve balances to square off their end of day positions. A positive figure implies that banks deposited surplus reserves on their cash reserve accounts to square off their end of day positions. 4 Includes the Bank's standing facilities and/or supplementary tenders on the last working day of December. 5 The outstanding main refinancing repo (7 days) provided to banks as on the last working day of December.
Table 4
Banknotes and coin

(ZAR millions, end of year) 2007 157,380.0 157,113.0 9,764.0 109,800.0 20,556.0 11,956.0 5,037.0 267.0 63.0 50.0 48.0 31.0 22.0 20.0 33.0 14,590.0 53,605.6 2008 144,483.0 144,203.0 35,603.0 69,069.0 23,344.0 11,368.0 4,819.0 280.0 71.0 53.0 57.0 19.0 23.0 22.0 35.0 15,334.7 57,361.9 2009 149,140.0 148,866.0 2,261.0 111,509.0 21,547.0 9,100.0 4,449.0 274.0 87.0 62.0 33.0 20.0 17.0 22.0 33.0 15,895.1 61,784.0 2010 156,121.0 155,839.0 15,512.0 114,573.0 13,606.0 7,551.0 4,597.0 282.0 71.0 64.0 61.0 23.0 14.0 18.0 31.0 17,422.0 65,079.1 2011 110,337.0 110,034.0 13,860.0 75,392.0 10,759.0 6,413.0 3,610.0 303.0 97.0 80.0 36.0 16.0 19.0 24.0 31.0 25,998.3 75,396.0
Total banknotes and coin issued1 Total banknotes issued ZAR 200 ZAR 100 ZAR 50 ZAR 20 ZAR 10 Total coin issued of which: ZAR 5 ZAR 2 ZAR 1 ZAR 0.50 ZAR 0.20 ZAR 0.10 ZAR 0.05 Banknotes and coin held by banks2 Banknotes and coin in circulation outside banks2
1
Represents new currency issued during the year by the central bank. 2 Banknotes and coin in circulation are extracted from the Statement of Assets and Liabilities and represent the outstanding balance of notes and coin issued in total by the central bank, taking into account damaged items withdrawn, etc.
326
South Africa
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts (thousands) Value of accounts (ZAR billions) Memo: Number of accounts, banks (thousands) Banks Number of institutions Number of branches or offices Number of accounts of which: number of internet/PC-linked accounts (thousands) Value of accounts (ZAR billions) 7 0.121 40.42 0.053 2008 7 0.128 50.40 0.054 2009 7 0.124 53.74 0.054 2010 7 0.222 63.81 0.054 2011 7 0.227 65.86 0.051
35 3,299 nav nav 1,900.0
35 2,968 nav nav 2,284.4
32 3,165 nav nav 2,275.7
30 3,429 nav nav 2,288.5
30 3,718 nav nav 2,500.7
Institutions offering payment services to non-banks (total) Number of institutions 36 Number of branches or offices 3,306 Number of accounts held by non-banks1 0.121 of which: number of internet/PC-linked accounts (thousands) nav Value of accounts held by non-banks (ZAR billions) 1,940.4 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions (ZAR billions)
1
36 2,975 0.128 nav 2,334.8
33 3,172 0.124 nav 2,329.4
31 3,436 0.222 nav 2,352.3
31 3,725 0.227 nav 2,566.6
nap
nap
nap
nap
nap
Includes only accounts at the central bank; those held at banks are not available.
327
South Africa
Table 6

(end of year) 2007 Cards issued in the country (thousands) Total number of cards (irrespective of the number of functions on the card) Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals 2008 2009 2010 2011
nav
nav
52,729
57,828
62,211
nav nav nav nav nav nap
nav nav nav nav nav nap
21,025 21,025 nav 236,626 236,626 nap
23,259 23,259 nav 273,798 273,798 nap
24,063 24,063 nav 277,478 277,478 nap
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country E-money payment transactions Cheques nav nap nap nav nav nap nav 2008 nav nap nap nav nav nap nav 2009 438.04 nap nap 531.74 884.30 nap 104.25 2010 528.66 nap nap 563.24 1,017.85 nap 77.10 2011 567.17 nap nap 628.00 1,130.65 nap 53.66
Transactions per type of terminal Total transactions at terminals in the country Cash transactions nav nav ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions nav nav E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions nav nav ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions nav nav E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap b) Transactions at terminals outside the country by cards issued in the country Cash transactions1 7.69 7.18 ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions nav nav E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1
885.83 875.89 9.94 847.61 nap nap 885.83 875.89 9.94 847.61 nap nap 8.85 nav nav nav nav nav
968.25 955.01 13.24 1,007.67 nap nap 968.25 955.01 13.24 1,007.67 nap nap 9.07 nav nav nav nav nav
1,066.14 1,046.29 19.85 1,115.47 nap nap 1,066.14 1,046.29 19.85 1,115.47 nap nap 9.20 nav nav nav nav nav
Cash transactions include cash and ATM withdrawals, as well as POS transactions. A breakdown is not available.
328
South Africa
Table 8
(ZAR billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country E-money payment transactions Cheques nav nap nap nav nav nap nav 2008 nav nap nap nav nav nap nav 2009 13,497.2 nap nap 769.9 366.4 nap 2,372.2 2010 14,089.0 nap nap 777.9 407.9 nap 1,672.9 2011 15,552.4 nap nap 1,010.6 457.4 nap 1,180.4
Transactions per type of terminal Total transactions at terminals in the country Cash transactions nav nav ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions nav nav E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions nav nav ATM cash withdrawals nav nav ATM cash deposits nav nav POS payment transactions nav nav E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap b) Transactions at terminals outside the country by cards issued in the country Cash transactions1 9.8 10.9 ATM cash withdrawals ATM cash deposits nav nav POS payment transactions E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
1
544.9 512.1 32.8 319.9 nap nap 544.9 512.1 32.8 319.9 nap nap 12.1 nav nav nav
Cash transactions include cash and ATM withdrawals, as well as POS transactions. A breakdown is not available.
329
South Africa
Table 9

(end of year) 2007 SAMOS - large Number of participants Direct participants Banks Central bank Other direct participants Clearing and settlement organisations Indirect participants SAMOS - retail Number of participants Direct participants Banks Central bank Indirect participants 22 22 20 1 1 1 nav 2008 22 22 20 1 1 1 nav 2009 24 24 22 1 1 1 nav 2010 24 24 22 1 1 1 nav 2011 24 24 22 1 1 1 nav
21 21 20 1 nav
21 21 20 1 nav
23 23 22 1 nav
23 23 22 1 nav
23 23 22 1 nav
330
South Africa
Table 10

(millions, total for the year) 2007 Large-value payment systems SAMOS - large Total transactions sent Concentration ratio in terms of volume (%) Retail payment systems SAMOS - retail Total transactions sent credit transfers direct debits card payments ATM transactions cheques other payment instruments Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
2.169 87.1
2.524 89.9
2.617 88.7
3.136 89.5
4.100 91.7
0.205 0.064 0.068 0.019 0.026 0.017 0.011 63.9
0.229 0.067 0.079 0.024 0.028 0.017 0.013 65.1
0.248 0.076 0.083 0.029 0.029 0.017 0.012 64.7
0.275 0.087 0.089 0.038 0.033 0.017 0.011 63.6
0.287 0.096 0.096 0.042 0.034 0.017 0.002 62.6
Volumes of transactions in retail payment streams are settled in batches. Thus, volumes recorded by the system represent the number of batches and not actual transactions settled.
Table 11

(ZAR billions, total for the year) 2007 Large-value payment systems SAMOS - large Total transactions sent Concentration ratio in terms of value (%) Retail payment systems SAMOS - retail Total transactions sent credit transfers direct debits card payments ATM transactions cheques other payment instruments Concentration ratio in terms of value (%) 2008 2009 2010 2011
69,760.0 84.9
86,339.3 84.4
71,413.9 84.9
71,615.9 86.3
76,613.4 86.6
5,833.2 3,727.3 407.7 189.5 58.0 1,386.9 63.7 97.2
6,453.9 4,307.7 508.7 233.1 71.2 1,257.9 75.3 96.9
6,271.9 4,354.9 525.5 247.5 76.8 991.9 75.2 96.6
6,701.5 4,821.8 573.7 303.6 91.1 838.4 72.9 96.1
7,247.0 5,397.6 649.7 367.4 103.0 710.9 18.5 95.3
331
South Africa
Table 12

(end of year) 2007 9 9 29 29 68 68 106 106 2008 9 9 29 29 70 68 108 106 2009 9 9 25 25 81 78 115 112 2010 9 9 26 26 83 82 118 117 2011 9 9 25 25 86 84 120 118
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
332
South Africa
Table 14

(end of year) 2007 Johannesburg Stock Exchange Total number of participants nav 2008 nav 2009 nav 2010 nav 2011 nav
Table 15

(end of year) 2007 Johannesburg Stock Exchange Total number of listed securities debt securities bonds equity 2,141 967 967 1,174 2008 2,004 1,012 1,012 992 2009 2,013 1,047 1,047 966 2010 1,901 1,062 1,062 839 2011 2,013 1,180 1,180 833
Table 16

(ZAR billions, end of year) 2007 Johannesburg Stock Exchange Total market capitalisation/equity 5,696.8 2008 4,541.9 2009 5,929.1 2010 6,698.7 2011 6,908.5
333
South Africa
Table 17

(thousands, total for the year) 2007 Johannesburg Stock Exchange Total number of executed securities trades debt securities bonds equity Total number of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives 11,881.20 327.32 327.32 11,553.88 1,351.82 1,038.94 22.09 nav 224.87 65.93 nav 2008 17,775.79 376.81 376.81 17,398.99 1,562.13 1,221.73 24.43 nav 240.74 75.23 nav 2009 21,280.97 330.22 330.22 20,950.75 1,605.72 1,329.05 17.51 nav 222.62 36.54 nav 2010 24,089.93 331.31 331.31 23,758.62 1,824.25 1,518.71 15.91 nav 253.18 36.45 nav 2011 26,873.28 369.06 369.06 26,504.22 2,556.96 2,226.98 19.42 nav 273.27 37.30 nav
Table 18

(ZAR billions, total for the year) 2007 Johannesburg Stock Exchange Total value of executed securities trades debt securities bonds equity Total value of executed derivatives trades financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives 16,818.67 13,838.56 13,838.56 2,980.11 5,115.61 4,723.00 109.00 nav 277.79 5.82 nav 2008 22,498.07 19,235.00 19,235.00 3,263.07 5,195.85 4,658.00 178.00 nav 351.49 8.36 nav 2009 16,217.33 13,421.26 13,421.26 2,796.08 3,389.92 3,075.00 82.00 nav 230.50 2.42 nav 2010 19,875.22 16,885.10 16,885.10 2,990.12 3,864.97 3,591.00 46.00 nav 225.78 2.19 nav 2011 24,164.98 20,878.15 20,878.15 3,286.83 4,721.65 4,287.00 40.00 nav 390.88 3.78 nav
334
South Africa
Table 19

Table 20

Table 21

335
South Africa
Table 22

(end of year) 2007 SAFIRES Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other 27 1 0 1 6 19 27 1 0 1 6 19 2008 27 1 0 1 6 19 27 1 0 1 6 19 2009 27 1 0 1 6 19 27 1 0 1 6 19 2010 36 1 0 1 6 28 36 1 0 1 6 28 2011 40 1 0 1 7 31 40 1 0 1 7 31
Table 23

(thousands, end of year) 2007 SAFIRES Total number of securities held debt securities short-term paper bonds equity 1.992 0.819 nav nav 1.173 2008 1.978 0.991 nav nav 0.987 2009 1.832 0.865 nav nav 0.967 2010 3.563 2.738 nav nav 0.825 2011 4.105 3.167 nav nav 0.938
Table 24

(ZAR billions, end of year) 2007 SAFIRES Total value of securities held debt securities short-term paper bonds equity 5,128.1 808.1 nav nav 4,320.0 2008 3,991.9 951.9 nav nav 3,040.0 2009 5,070.0 1,030.0 nav nav 4,040.0 2010 6,309.3 1,633.9 nav nav 4,675.4 2011 6,410.6 1,726.4 nav nav 4,684.3
336
South Africa
Table 25

(thousands, total for the year) 2007 SAFIRES Total number of delivery instructions DVP debt securities short-term paper bonds equity free of payment 1 debt securities short-term paper bonds equity
1
2008 3,095.50 2,332.42 409.01 nav nav 1,923.41 763.08 nav nav nav 763.08
2009 3,164.45 2,476.30 356.30 nav nav 2,120.00 688.16 0.43 nav nav 687.72
2010 4,307.44 3,419.77 410.86 nav nav 3,008.91 887.67 1.25 nav nav 886.42
2011 5,024.35 4,002.16 434.76 nav nav 3,567.41 1,022.18 1.49 nav nav 1,020.70
2,688.36 2,062.38 351.23 nav nav 1,711.15 625.98 nav nav nav 625.98
The Free of Payment functionality was implemented in August 2009.
Table 26

(ZAR billions, total for the year) 2007 SAFIRES Total value of delivery instructions DVP debt securities short-term paper bonds equity free of payment 22,020 22,020 17,700 nav nav 4,320 nav 2008 41,240 41,240 38,200 nav nav 3,040 nav 2009 24,140 24,140 20,100 nav nav 4,040 nav 2010 28,062 28,062 22,380 nav nav 5,682 nav 2011 29,276 29,276 26,244 nav nav 3,032 nav
337
South Africa
338
Sweden
Table 1

2007 9,150 3,126.0 341,641 1.7 6.4136 6.7585 2008 9,256 3,204.3 346,188 3.3 7.8106 6.5874 2009 9,341 3,105.8 332,490 1.9 7.1165 7.6446 2010 9,416 3,337.5 354,453 1.9 6.7097 7.2062 2011 9,457 3,502.5 370,364 1.4 6.8877 6.4939
Population (thousands) GDP (SEK billions) GDP per capita (SEK) 1 Consumer price inflation (%) Exchange rate (SEK/USD): end of year average
1
Yearly average.
Table 2

(SEK billions, end of year) 2007 100.8 1,240.3 1,337.3 68.2 nap nap nap 2008 99.4 1,312.0 1,408.7 75.2 nap nap nap 2009 100.1 1,438.6 1,535.1 78.0 nap nap nap 2010 95.8 1,488.3 1,584.7 85.1 nap nap nap 2011 91.4 1,506.3 1,506.3 96.5 nap nap nap
Notes and coin in circulation outside banks Value of transferable deposits Narrow money supply (M1) Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages1 on card-based products on software- or network-based products
1
Terminated in September 2004.
339
Sweden
Table 3

(SEK billions, end of year) 2007 0.14 nap 0.14 389.40 7.00 nav nav nav 2008 206.70 nap 206.70 nav 462.60 nav nav nav 2009 171.16 nap 171.16 nav 369.00 nav nav nav 2010 5.14 nap 5.14 nav 0.50 nav nav nav 2011 16.88 nap 16.88 nav 0.00 nav nav nav
Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight longer-term refinancing operations
Table 4
Banknotes and coin

(SEK billions, end of year) 2007 114.32 108.52 38.84 55.45 10.79 1.34 1.80 0.23 0.08 5.81 2.44 1.26 0.01 1.28 0.17 0.66 13.55 100.77 2008 112.27 106.27 34.30 58.42 10.46 1.26 1.82 0 0 6.01 2.52 1.30 0.01 1.33 0.19 0.66 12.87 99.41 2009 109.11 103.69 31.37 59.45 9.87 1.25 1.76 0 0 5.42 2.55 1.31 0.01 1.35 0.20 0.00 9.04 100.07 2010 104.57 99.07 28.57 58.11 9.41 1.24 1.74 0 0 5.50 2.54 1.30 0.01 1.34 0.17 0.14 8.73 95.84 2011 99.44 94.08 25.09 56.83 9.19 1.23 1.73 0 0 5.37 2.55 1.31 0.01 1.35 0 0.14 8.03 91.41
Total banknotes and coin issued Total banknotes issued SEK 1,000 SEK 500 SEK 100 SEK 50 SEK 20 SEK 10 SEK 5 Total coin issued SEK 10 SEK 5 SEK 2 SEK 1 SEK 0.50 Commemorative coin Banknotes and coin held by banks Banknotes and coin in circulation outside banks
340
Sweden
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts Value of accounts Banks Number of institutions Number of branches or offices Number of accounts Value of accounts (SEK billions) Commercial banks Number of institutions Number of branches or offices Value of accounts (SEK billions) Savings banks Number of institutions Number of branches or offices Value of accounts (SEK billions) Branches of foreign banks Number of institutions Number of branches or offices Value of accounts (SEK billions)
1
2008 1 nap nap
2009 1 nap nap
2010 1 nap nap
2011 1 nap nap
1 nap nap
128 1,950 nav nav 34 1,643 1,695.3 69 217 112.3 25 90 103.1
129 1,987 nav 2,024.8 35 1,777 1,794.2 67 210 123.1 27 nav 107.5
115 1,934 nav 2,308.6 34 1,722 2,025.3 53 55 136.5 26 nav 146.8
114 1,883 nav 2,440.1 36 1,701 2,130.0 50 52 121.1 26 nav 188.9
114 1,830 nav 2,818.8 36 1,650 2,483.4 49 51 129.6 27 nav 205.9
Other institutions offering payment services to non-banks: postal institution Number of institutions 1 nav Number of branches or offices 37 nav Number of accounts nav nav Value of accounts nav nav Institutions offering payment services to non-banks (total) Number of institutions 129 Number of branches or offices 1,987 Number of accounts held by non-banks nav Value of accounts held by non-banks (SEK billions) 1,910.8 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
nav nav nav nav
nav nav nav nav
nav nav nav nav
129 1,987 nav 2,024.8
115 1,934 nav 2,308.6
114 1,883 nav 2,440.1
114 1,830 nav 2,818.8
nap nap
nap nap
nap nap
nap nap
nap nap
The central bank does not offer payment services to non-banks.
341
Sweden
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function Cards with a debit function Cards with a delayed debit function Cards with a credit function 1 Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals of which: EFTPOS terminals E-money card terminals
1
2008 10,651 9,353 704 9,663 nap nap
2009 10,875 9,675 707 9,836 nap nap
2010 11,100 9,830 665 9,539 nap nap
2011 11,400 10,264 659 9,348 nap nap
9,816 8,989 687 8,298 nap nap
17,974 6,100
19,720 6,100
20,218 8,175
20,034 nav
20,271 nav
nav
nav
nav
nav
nav
2,809 2,809 0 187,332 175,696 nap
2,813 2,813 0 196,022 183,846 nap
3,319 3,319 0 217,760 204,234 nap
3,351 3,351 0 203,117 197,000 nap
3,566 3,566 0 205,231 nav nap
No longer issued by the three largest banks offering this product.
342
Sweden
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country 1 payments by cards with a debit function payments by cards with a delayed debit function 2 payments by cards with a credit function 3 E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total number of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 646.3 96.0 550.3 207.8 1,338.0 1,148.0 68.0 122.0 nap nap nap 1.0 nav 2008 704.2 100.2 604.0 227.6 1,634.0 1,395.0 92.0 147.0 nap nap nap 1.0 nav 2009 728.1 89.0 639.1 241.0 1,697.0 1,337.0 59.0 301.0 nap nap nap 1.0 nav 2010 767.7 82.0 685.7 272.0 1,845.0 1,448.0 46.0 351.0 nap nap nap 0 nav 2011 830.5 74.5 756.0 289.0 1,951.0 1,607.0 42.0 302.0 nap nap nap 0.4 0
2,193.1 20.0
2,566.8 nav
2,667.1 nav
2,884.7 nav
3,070.9 nav
1.8
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 312.0 310.0 ATM cash withdrawals 311.0 309.0 ATM cash deposits 1.0 1.0 POS payment transactions 1,184.0 1,389.0 E-money card loading/unloading transactions3 nap nap E-money card payment transactions3 nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 307.0 306.0 ATM cash withdrawals 306.0 305.0 ATM cash deposits 1.0 1.0 POS payment transactions 1,150.0 1,345.0 3 E-money card loading/unloading transactions nap nap 3 E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 5.0 4.0 ATM cash withdrawals 5.0 4.0 ATM cash deposits 0.0 0.0 POS payment transactions 34.0 44.0 E-money card loading/unloading transactions3 nap nap E-money card payment transactions3 nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 8.0 8.0 ATM cash withdrawals 8.0 8.0 ATM cash deposits 0.0 0.0 POS payment transactions 32.0 43.0 E-money card loading/unloading transactions3 nap nap E-money card payment transactions3 nap nap
1 Includes cards with a debit and delayed debit function. issued by the three largest banks offering this product. 2
268.0 267.0 1.0 1,531.0 nap nap nav nav nav nav nap nap nav nav nav nav nap nap nav nav nav nav nap nap
243.0 243.0 0 1,663.0 nap nap nav nav nav nav nap nap nav nav nav nav nap nap nav nav nav nav nap nap
3
226.0 226.0 0 1,736.0 nap nap nav nav nav nav nap nap nav nav nav nav nap nap nav nav nav nav nap nap
No longer
Includes cards with a credit and delayed debit function.
343
Sweden
Table 8
(SEK billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country 1 payments by cards with a debit function payments by cards with a delayed debit function 2 payments by cards with a credit function 3 E-money payment transactions by cards with an e-money function through other e-money storages Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received 10,032.00 358.00 9,674.00 424.00 613.00 477.00 33.00 103.00 nap nap nap 59.50 nav 2008 10,806.00 307.00 10,499.00 460.00 693.00 538.00 36.00 119.00 nap nap nap 69.00 nav 2009 10,615.00 257.00 10,358.00 464.00 711.00 550.00 35.00 126.00 nap nap nap 42.00 nav 2010 11,528.00 213.00 11,315.00 504.00 755.00 559.00 33.00 163.00 nap nap nap 26.50 nav 2011 12,604.00 174.00 12,430.00 543.00 765.00 574.00 34.00 157.00 nap nap nap 29.90 nav
11,128.50 283.00
12,028.00 nav
11,832.00 nav
12,813.50 nav
13,941.90 nav
286.00
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 234.00 231.00 ATM cash withdrawals 230.00 227.00 ATM cash deposits 4.00 4.00 POS payment transactions 436.00 477.00 E-money card loading/unloading transactions3 nap nap E-money card payment transactions3 nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 229.00 228.00 ATM cash withdrawals 225.00 224.00 ATM cash deposits 4.00 4.00 POS payment transactions 399.00 439.00 3 E-money card loading/unloading transactions nap nap 3 E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 5.00 3.00 ATM cash withdrawals 5.00 3.00 ATM cash deposits 0 0 POS payment transactions 13.00 12.00 E-money card loading/unloading transactions3 nap nap E-money card payment transactions3 nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 9.00 9.00 ATM cash withdrawals 9.00 9.00 ATM cash deposits 0 0 POS payment transactions 22.00 24.00 E-money card loading/unloading transactions3 nap nap E-money card payment transactions3 nap nap
1 Includes cards with a debit and delayed debit function. issued by the three largest banks offering this product. 2
223.00 218.00 5.00 501.00 nap nap nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav
203.90 199.40 4.50 564.89 nap nap nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav
3
205.30 205.30 0 571.00 nap nap nav nav nav nav nap nap nav nav nav nav nap nap nav nav nav nav nap nap
No longer
Includes cards with a credit and delayed debit function.
344
Sweden
Table 9

(end of year) 2007 Large-value payment systems E-RIX (TARGET component) Number of participants K-RIX Number of participants Direct participants Banks Central bank Other direct participants Clearing and settlement organisations Other financial institutions Retail payment systems Bankgirot, BGC Number of participants Direct participants Banks Dataclearing Number of participants Direct participants Banks 2008 2009 2010 2011
nap
nap
nap
nap
nap
21 21 14 1 6 3 3
21 21 14 1 6 3 3
23 23 16 1 6 3 3
24 24 18 1 5 3 2
25 25 18 1 6 4 2
19 19 19
19 19 19
20 20 20
20 20 20
20 20 20
19 19 19
19 19 19
20 20 20
20 20 20
20 20 20
345
Sweden
Table 10

(millions, total for the year) 2007 Large-value payment systems E-RIX (TARGET component) 1 Credit transfers sent Memo: Credit transfers received from another TARGET component Concentration ratio in terms of volume (%) K-RIX Total national transactions sent credit transfers Concentration ratio in terms of volume (%) Retail payment systems Bankgirot, BGC Total national transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of volume Dataclearing Total national transactions sent credit transfers direct debits cheques Concentration ratio in terms of volume
1
2008
2009
2010
2011
nap
nap
nap
nap
nap
nap nap
nap nap
nap nap
nap nap
nap nap
1.95 1.95 86.5
2.01 2.01 87.0
2.58 2.58 87.5
2.96 2.96 86.5
3.46 3.46 87.5
620.50 450.30 170.20 nav nav nav nav nav nap
92.00 92.00 nav 0 nap
99.00 99.00 nav nav nap
104.10 104.10 nav nav nap
110.00 110.00 0 nav nap
125.50 125.50 nav nav nap
Total volume of domestic and cross-border payments sent via TARGET.
346
Sweden
Table 11

(SEK billions, except as noted, total for the year) 2007 Large-value payment systems E-RIX (TARGET component; EUR billions) 1 Credit transfers sent Memo: Credit transfers received from another TARGET component Concentration ratio in terms of value (%) K-RIX Total national transactions sent credit transfers Concentration ratio in terms of value (%) Retail payment systems Bankgirot, BGC Total national transactions sent credit transfers direct debits card payments ATM transactions e-money transactions cheques other payment instruments Concentration ratio in terms of value Dataclearing Total national transactions sent credit transfers cheques Concentration ratio in terms of value
1
2008
2009
2010
2011
nav
nav
nav
nav
nav
nav nap
nav nap
nav nap
nav nap
nav nap
122,873.0 122,873.0 78.2
136,600.0 136,600.0 78.9
174,562.0 174,562.0 79.7
137,370.0 137,370.0 77.2
113,363.0 113,363.0 79.6
6,686.0 6,329.0 357.0 nav nav nav nav nav nap
2,159.0 2,159.0 0 nap
2,253.0 2,253.0 nav nap
2,235.0 2,235.0 nav nap
2,423.0 2,423.0 nav nap
2,590.0 2,590.0 nav nap
Total value of domestic and cross-border payments sent via TARGET.
347
Sweden
Table 12

(end of year) 2007 6 6 11 10 16 14 33 30 2008 6 6 11 11 16 15 33 32 2009 6 6 11 11 18 17 35 34 2010 6 6 11 11 20 19 37 36 2011 6 6 11 11 20 19 37 36
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
348
Sweden
Table 14

(end of year) 2007 NASDAQ OMX Stockholm1 Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants Number of foreign participants
1
2008 85 nav nav nav nav nav nav
In late 2008, OMX Nordic Exchange Stockholm changed its name to NASDAQ OMX Stockholm.
Table 15

(end of year) 2007 NASDAQ OMX Stockholm1 Total number of listed companies debt securities equity other
1
2008 266 nap nap nap
279 nap nap nap
349
Sweden
Table 16

(SEK billions, total for the year) 2007 NASDAQ OMX Stockholm Total market capitalisation/equity
1
2008 2,239
2009 3,413
2010 4,230
2011 3,496
3,959
Table 17

(thousands, total for the year) 2007 NASDAQ OMX Stockholm Total number of executed securities trades debt securities short-term paper bonds equity other Total number of executed derivatives trades
1
2008 28,778 nav nav nav 28,778 nav nav
2009 30,443 183 nav 183 30,260 nav nav
2010 43,646 146 nav 146 43,500 nav nav
2011 56,695 92 nav 92 56,603 nav nav
24,912 nav nav nav 24,912 nav nav
Table 18

(SEK billions, total for the year) 2007 NASDAQ OMX Stockholm Total value of executed securities trades debt securities bonds equity other Total value of executed derivatives trades
1
2008 4,694.0 nav nav 4,694.0 nav nav
2009 20,316.9 16,923.9 16,923.9 3,393.0 nav nav
2010 16,891.6 13,264.6 13,264.6 3,627.0 nav nav
2011 12,802.7 9,119.0 9,119.0 3,683.7 nav nav
6,524.9 nav nav 6,524.9 nav nav
350
Sweden
Table 19

(end of year) 2007 OMXDM Total number of clearing members central bank banks Number of domestic clearing members central bank banks Number of foreign clearing members banks
SE Nasdaq OMXDM 2 Total number of clearing members central bank central counterparties (CCPs) banks other
1
2008 50 1 49 27 1 26 23 23
2009 nav nav nav nav nav nav nav nav
46 1 45 26 1 25 20 20
nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav
82 1 nav 81 nav 24 1 nav 23 nav 58 nav nav 58 nav
2
Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other
1 OMX Derivatives Markets, which is a secondary legal name for the OMX Nordic Exchange Stockholm AB. Derivatives Market (DM) changed its name to NASDAQ OMX Derivatives Market (DM).
In late 2008 OMX
351
Sweden
Table 20

(thousands, total for the year) 2007 OMXDM Total number of contracts and transactions cleared Number of securities transactions cleared Number of exchange-traded derivatives contracts cleared financial futures financial options other financial derivatives Number of OTC derivatives contracts cleared
SE Nasdaq OMXDM Total number of contracts and transactions cleared
2008 118,200 nav
2009 nav nav
2010 nav nav
2011 nav nav
121,974 nav
121,974 40,623 79,376 1,975 nav
118,200 55,149 63,051 nav nav
nav nav nav nav nav
nav nav nav nav nav
nav nav nav nav nav
nav nav
nav nav
83,424 nav
nav nav
nav nav
Number of securities transactions cleared
Number of exchange-traded derivatives contracts cleared financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives Number of OTC derivatives contracts cleared
83,424 40,419 43,001 4 nav nav nav nav
352
Sweden
Table 21

(SEK billions, total for the year) 2007 OMXDM Total value of contracts and transactions cleared Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared financial futures financial options Value of OTC derivatives contracts cleared
SE Nasdaq OMXDM Total value of contracts and transactions cleared
2008 3,440.0 nav
2009 nav nav
2010 nav nav
2011 nav nav
3,899.0 nav
3,899.0 3,850.0 49.0 nav
3,440.0 3,390.0 50.0 nav
nav nav nav nav
nav nav nav nav
nav nav nav nav
nav nav
nav nav
2,741.1 nav
nav nav
nav nav
Value of securities transactions cleared Value of exchange-traded derivatives contracts cleared financial futures financial options other financial derivatives commodity futures commodity options other commodity derivatives Value of OTC derivatives contracts cleared
353
Sweden
Table 22

(end of year) 2007 VPC AB Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other
Euroclear Sweden1 Total number of participants central bank central counterparties (CCPs) central securities depositories banks other
2008 46 1 1 0 24 20 36 1 1 0 16 18 10 0 0 0 8 2
2009 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav
43 1 1 0 24 17 33 1 1 0 16 15 10 0 0 0 8 2
nav nav nav nav nav nav nav nav nav nav nav nav
45 1 2 0 24 18 35 1 1 0 17 16
46 1 2 0 24 19 35 1 1 0 16 17 11 0 1 0 8 2
nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav
Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other
Number of foreign participants nav nav 10 central bank nav nav 0 central counterparties (CCPs) nav nav 1 central securities depositories nav nav 0 banks nav nav 7 other nav nav 2 1 In late 2008 Euroclear acquired VPC. Thus, the name of VPC changed to Euroclear Sweden.
354
Sweden
Table 23

Table 24

(SEK billions, end of year) 2007 VPC AB Total value of securities held debt securities short-term paper bonds equity other
Euroclear Sweden Total value of securities held debt securities short-term paper bonds equity other
2008 7,226.1 2,867.9 441.8 2,426.2 2,668.6 1,689.6
6,854.8 2,325.9 453.1 1,872.9 3,683.9 845.0
8,143.7 2,815.9 500.2 2,315.7 3,939.8 1,387.9
355
Sweden
Table 25

(millions, total for the year) 2007 VPC AB Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
Euroclear Sweden Total number of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
2008 32.272 30.705 0.446 0.075 0.371 29.575 0.684 1.567 0.219 0.022 0.197 1.311 0.037
28.084 26.431 0.505 0.087 0.418 25.352 0.574 1.653 0.233 0.020 0.213 1.346 0.074
28.643 27.211 0.355 0.034 0.321 26.267 0.589 1.432 0.197 0.012 0.185 1.201 0.034
356
Sweden
Table 26

(SEK billions, total for the year) 2007 VPC AB Total value of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
Euroclear Sweden Total value of delivery instructions DVP debt securities short-term paper bonds equity other free of payment debt securities short-term paper bonds equity other
2008 119,587.0 100,859.0 92,536.0 13,163.0 79,373.0 8,306.0 17.0 18,728.0 13,261.0 1,848.0 11,413.0 3,853.0 1,614.0
129,231.0 115,656.0 110,784.0 18,837.0 91,947.0 4,840.0 32.0 13,575.0 6,281.0 783.0 5,498.0 5,331.0 1,963.0
72,191.5 54,505.4 48,265.7 2,891.4 45,374.3 6,217.2 22.5 17,686.1 12,967.5 6,191.2 6,776.4 3,443.7 1,274.8
357
Sweden
358
Switzerland
Table 1

2007 7,619.0 540.80 70,980 0.7 1.1240 1.2001
2
Population (thousands) 2 GDP (CHF billions) 2 GDP per capita (CHF) Consumer price inflation (%) Exchange rate (CHF/USD): end of year average
1
2008 7,711.1 567.85 73,641 2.4 1.0670 1.0833
2009 7,801.3 554.37 71,062 -0.5 1.0298 1.0854
2010 7,870.1 574.31 72,974 0.7 0.9358 1.0426
2011 7,952.6 586.78 73,785 0.2 0.9395 0.8868
Yearly average. For 2011 provisional.
For 2011 provisional.
Table 2

(CHF billions, end of year) 2007 Notes and coin in circulation outside banks and PostFinance Value of transferable deposits1 Other Narrow money supply (M1)2 Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages on card-based products on software- or network-based products
1
2008 42.67 187.65 98.43 328.75 48.42 0.027 0.027 nap
2009 43.80 242.02 110.84 396.66 64.74 0.020 0.020 nap
2010 46.65 266.72 119.38 432.76 65.06 0.017 0.017 nap
2011 50.97 297.99 132.98 481.94 73.55 0.016 0.016 nap
38.83 142.54 89.80 271.17 49.21 0.029 0.029 nap
Sight deposits.
Notes and coin in circulation plus sight and other transaction deposits.
359
Switzerland
Table 3

(CHF billions, average for December)
1
Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks Memo: Credit extended by the central bank: intraday overnight 3 4 longer refinancing operations (repos)
1
2007 5.08 nap nap 144.49
2008 38.32 nap nap 145.22
2009 40.52 nap nap 106.99
2010 29.11 nap nap 104.41
2011 177.12 nap nap 110.60
9.51 -0.30 24.81
7.09 0 62.34
6.21 0 35.49
7.88 -0.20 -27.58
2.03 0 37.90
Except for transferable balances held at other banks, which are at end of year. 2 Includes only sight deposits that are held by banks at the central bank and that are eligible as minimum reserves. Excludes sight deposits at the central bank held by institutions that are not obliged to hold minimum reserves. Banks have to meet minimum reserve requirements, for which vault cash in CHF (banknotes and coin) and all their sight deposits at the central bank are allowable. Therefore, the distinction between required and free reserves is not meaningful. 3 A minus sign indicates overall liquidity absorbing operations. 4 Including CHF 3.45 billion and CHF 15.04 billion of USD repo contracts in 2007 and 2008 respectively. A minus sign indicates overall liquidity absorbing operations.
Table 4
Banknotes and coin

(CHF millions, end of year) 2007 46,851.41 44,258.60 24,406.53 145.36 7,072.73 8,619.84 1,948.13 1,420.61 645.52 2,592.81 843.01 575.06 392.84 348.78 180.80 94.75 42.63 2.41 2008 51,824.91 49,160.83 28,288.48 136.77 7,511.87 9,072.09 2,019.39 1,470.62 661.73 2,664.08 867.02 593.19 403.98 358.58 185.53 97.77 44.54 2.41 2009 52,679.19 49,966.19 29,236.36 130.25 7,443.58 8,949.35 2,062.44 1,474.52 669.81 2,712.99 881.50 605.19 412.79 366.03 188.97 100.06 46.05 2.41 2010 54,262.27 51,498.00 30,407.93 124.28 7,474.40 9,153.94 2,155.58 1,498.07 683.91 2,764.27 897.78 617.86 420.79 373.23 193.25 102.32 47.71 2.41 2011 58,561.12 55,728.88 33,275.21 119.65 7,973.54 9,810.31 2,287.71 1,565.09 697.47 2,832.24 920.90 637.29 429.62 381.81 197.53 104.76 49.48 2.41
Total banknotes and coin issued Total banknotes issued CHF 1,000 CHF 500 1 CHF 200 CHF 100 CHF 50 CHF 20 CHF 10 Total coin issued2 of which: CHF 5 CHF 2 CHF 1 CHF 0.50 CHF 0.20 CHF 0.10 CHF 0.05 CHF 0.01 Banknotes and coin held by banks and PostFinance Banknotes and coin in circulation outside banks and PostFinance
1
8,021.43 38,829.98
9,155.80 42,669.11
8,883.41 43,795.78
7,609.49 46,652.78
7,594.26 50,966.86
The CHF 500 banknotes were recalled as of 1 May 2000 and are thus no longer legal tender. However, they can be exchanged at the Swiss National Bank at full nominal value for 20 years from this recall date, ie until 30 April 2020. 2 Including commemorative coins denominated CHF 10, 20, 50, 100, 250.
360
Switzerland
Table 5

(end of year) 2007 Central bank 1 Number of branches or offices 2 Number of accounts, all (thousands) 3 Value of accounts, all (CHF billions) 8 0.457 9.40 2008 8 0.466 43.66 2009 8 0.485 53.28 2010 8 0.491 44.17 2011 8 0.494 215.45
Banks Number of institutions 330 327 Number of branches or offices 2,699 2,663 Number of accounts nav nav 4 Value of accounts (CHF billions) 109.01 144.09 All banks except private banks and branches of foreign banks Number of institutions 286 282 Number of branches or offices 2,633 2,593 Value of accounts (CHF billions) 104.05 136.44 Private banks Number of institutions 14 14 Number of branches or offices 27 30 Value of accounts (CHF billions) 3.89 6.59 Branches of foreign banks Number of institutions 30 31 Number of branches or offices 39 40 Value of accounts (CHF billions) 1.07 1.06 Other institutions offering payment services to non-banks Number of institutions 1 Number of branches or offices6 2,363 Number of accounts (thousands) 3,335 7 Value of accounts (CHF billions) 43.67 Institutions offering payment services to non-banks (total) Number of institutions 332 Number of branches or offices 5,070 Number of accounts held by non-banks nav Value of accounts held by non-banks (CHF billions) 162.08 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions (CHF billions)
1
325 2,639 nav 189.41 278 2,561 181.02 14 36 7.30 33 42 1.10
320 2,643 nav 208.25 275 2,568 197.46 13 34 9.94 32 41 0.85
312 2,607 nav 232.63 267 2,525 220.92 13 40 10.33 32 42 1.38
1 2,372 3,646 49.27
1 2,312 3,881 70.25
1 2,280 4,079 80.34
1 2,248 4,212 88.10
329 5,043 nav 237.02
327 4,959 nav 312.94
322 4,931 nav 332.76
314 4,863 nav 536.18
1 0.029
1 0.027
1 0.020
1 0.017
1 0.016
The Swiss National Bank (SNB) has two head offices (Berne and Zurich), one branch office (Geneva) and five representative offices (Basel, Lausanne, Lucerne, Lugano and St Gallen); apart from the two head offices only Geneva provides cashier services. The cashier office in Lugano was closed at the end of 2006. Nevertheless, the SNB has kept a representative office in Lugano responsible for monitoring economic developments and explaining the SNB's policy in the region. 2 Number of sight deposits of banks and non-banks held at the SNB. 3 Not included in the figure for M1 in Table 2. 4 This value is less than that included in the figure for transferable deposits in Table 2 due to differences in the way the figures are compiled. 5 PostFinance. 6 This figure includes also post offices and agencies in Switzerland, which offer basic payment services. 7 Yearly average.
361
Switzerland
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function 1 Cards with a debit function 2 Cards with a credit function 3 Cards with an e-money function of which: cards with an e-money function which have been loaded at least once Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals 4 E-money card terminals e-money card loading/unloading terminals 5 e-money card payment terminals
1
2008 12,097.2 7,606.7 4,554.7 5,146.1 nav
2009 12,594.5 7,901.0 4,801.8 5,005.7 nav
2010 13,203.6 8,231.7 5,134.7 5,024.3 nav
2011 14,052.7 8,558.7 5,501.6 3,007.0 nav
11,270.0 6,969.6 4,310.4 4,810.8 nav
11,345.2 4,745.6
12,219.8 5,087.7
12,770.4 4,938.1
13,442.9 4,947.8
14,118.1 2,949.2
nav
nav
nav
nav
nav
5,930 5,930 nav 126,829 126,829 18,806 5,930 12,876
6,085 6,085 nav 140,347 140,347 19,227 6,085 13,142
6,228 6,228 nav 143,403 143,403 19,657 6,228 13,429
6,380 6,380 nav 151,836 151,836 20,181 6,380 13,801
6,659 6,659 nav 153,982 153,982 20,547 6,659 13,888
Maestro and PostFinance cards. 2 American Express, Diners Club, Eurocard/MasterCard and Visa. Includes delayed debit cards. 3 Includes 65,200, 58,400, 67,600, 76,500 and 57,800 cards with only an e-money function in 2007, 2008, 2009, 2010 and 2011 respectively. 4 Total ATMs plus e-money payment terminals. 5 As e-money can only be loaded at ATMs, the figure shows the total of ATMs.
362
Switzerland
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function 2 payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages 3 Cheques Total number of transactions with payment 1 instruments of which: cross-border transactions sent Memo: Cross-border transactions received 648.13 nav nav 43.28 438.84 309.08 129.76 17.69 17.69 nap 1.26 2008 677.45 nav nav 43.58 484.81 343.28 141.53 17.25 17.25 nap 1.04 2009 702.90 nav nav 44.42 523.58 371.78 151.80 15.78 15.78 nap 0.71 2010 736.25 nav nav 45.23 561.50 393.48 168.02 15.27 15.27 nap 0.41 2011 753.08 nav nav 45.98 611.35 421.04 190.31 10.60 10.60 nap 0.33
1,149.20 nav
1,224.13 nav
1,287.39 nav
1,358.66 nav
1,421.34 nav
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 114.01 118.73 ATM cash withdrawals 114.01 118.73 ATM cash deposits nap nap POS payment transactions 415.51 465.23 E-money card loading/unloading transactions4 1.05 1.02 E-money card payment transactions 17.69 17.25 a) Transactions at terminals in the country by cards issued in the country Cash transactions 107.43 111.57 ATM cash withdrawals 107.43 111.57 ATM cash deposits nap nap POS payment transactions 382.80 423.91 E-money card loading/unloading transactions4 1.05 1.02 E-money card payment transactions 17.69 17.25 b) Transactions at terminals in the country by cards issued outside the country Cash transactions 6.58 7.14 ATM cash withdrawals 6.58 7.14 ATM cash deposits nap nap POS payment transactions 32.71 41.32 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 10.66 11.48 ATM cash withdrawals 10.66 11.48 ATM cash deposits nap nap POS payment transactions 56.03 60.90 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
1
120.39 120.39 nap 497.52 0.97 15.78 113.71 113.71 nap 454.99 0.97 15.78 6.68 6.68 nap 42.53 nap nap 12.43 12.43 nap 68.60 nap nap
Due to statistical revisions, data for credit transfers do not correspond to those published before 2007, where interbank payments were also included. Figures show retail credit transfers cleared and settled in the Swiss Interbank Clearing system and at PostFinance. Excluding credit transfers related to securities transactions. 2 Includes delayed debit cards. 3 Bank cheques, Swiss Bankers traveller's cheques and Postcheques. 4 Only e-money card loading transactions are included.
363
Switzerland
Table 8
(CHF billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers1 paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function 2 payments by cards with a credit function E-money payment transactions by cards with an e-money function through other e-money storages 3 Cheques Total value of transactions with payment 1 instruments of which: cross-border transactions sent Memo: Cross-border transactions received 3,957.41 nav nav 61.22 75.92 49.98 25.94 0.08 0.08 nap 2.70 2008 4,177.18 nav nav 64.45 80.68 53.34 27.34 0.07 0.07 nap 2.46 2009 3,970.43 nav nav 62.24 81.93 55.17 26.76 0.07 0.07 nap 2.02 2010 3,966.45 nav nav 66.91 85.37 57.00 28.37 0.07 0.07 nap 1.67 2011 4,304.13 nav nav 71.75 87.67 58.47 29.20 0.05 0.05 nap 1.39
4,097.33 nav
4,324.84 nav
4,116.69 nav
4,120.47 nav
4,464.99 nav
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions 25.24 26.05 ATM cash withdrawals 25.24 26.05 ATM cash deposits nap nap POS payment transactions 69.64 75.38 E-money card loading/unloading transactions4 0.08 0.08 E-money card payment transactions 0.08 0.07 a) Transactions at terminals in the country by cards issued in the country Cash transactions 23.61 24.30 ATM cash withdrawals 23.61 24.29 ATM cash deposits nap nap POS payment transactions 63.24 67.56 E-money card loading/unloading transactions4 0.08 0.08 E-money card payment transactions 0.08 0.07 b) Transactions at terminals in the country by cards issued outside the country Cash transactions 1.63 1.75 ATM cash withdrawals 1.63 1.75 ATM cash deposits nap nap POS payment transactions 6.40 7.74 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 3.59 3.69 ATM cash withdrawals 3.59 3.69 ATM cash deposits nap nap POS payment transactions 12.69 13.11 E-money card loading/unloading transactions nap nap E-money card payment transactions nap nap
1
Due to statistical revisions, data for credit transfers do not correspond to those published before 2007, where interbank payments were also included. Figures shows retail credit transfers cleared and settled in the Swiss Interbank Clearing system and at PostFinance. Excluding credit transfers related to securities transactions. 2 Includes delayed debit cards. 3 Bank cheques, Swiss Bankers traveller's cheques and Postcheques. 4 Only e-money card loading transactions are included.
364
Switzerland
Table 9

(end of year) 2007 Swiss Interbank Clearing (SIC) Number of participants Direct participants Banks Central bank Other direct participants General government Postal institution 1 Clearing and settlement organisations Other financial institutions 2 Other
1
2008 356 356 344 1 11 1 1 1 0 8
2009 376 376 364 1 11 1 1 1 0 8
2010 377 377 360 1 16 1 1 1 0 13
2011 380 380 362 1 17 1 1 1 0 14
346 346 334 1 11 1 1 1 0 8
CLS. 2 From 2010, includes insurance companies. The revised access policy grants insurance companies direct access to SIC as of January 2010 provided they meet the required criteria.
Table 10

(millions, total for the year) 2007 Large-value and retail payment systems Swiss Interbank Clearing (SIC) of which: payments on data carrier or file transfer 1 cheques 2 Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
356.77 nap nap 62.4
371.59 nap nap 62.3
381.65 nap nap 62.0
394.73 nap nap 61.1
402.48 nap nap 61.8
Due to the alteration of direct debit and credit transfer clearing procedures, no payments on data carrier or file transfer are settled through SIC as of 2007. 2 Cheques ceased to be centrally processed in SIC as of 2005.
Table 11

(CHF billions, total for the year) 2007 Large-value and retail payment systems Swiss Interbank Clearing (SIC) of which: payments on data carrier or file transfer 1 cheques 2 Concentration ratio in terms of value (%)
1
2008
2009
2010
2011
52,284.2 nap nap 68.2
58,043.6 nap nap 67.3
56,825.9 nap nap 73.2
51,818.9 nap nap 74.0
62,784.8 nap nap 78.8
Due to the alteration of direct debit and credit transfer clearing procedures, no payments on data carrier or file transfer are settled through SIC as of 2007. 2 Cheques ceased to be centrally processed in SIC as of 2005.
365
Switzerland
Table 12

(end of year) 2007 100 100 81 80 96 90 277 270 2008 98 98 81 79 112 101 291 278 2009 99 99 84 84 127 121 310 304 2010 98 98 80 80 149 140 327 318 2011 97 97 80 78 162 152 339 327
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
366
Switzerland
Table 14

(end of year) 2007 SIX Swiss Exchange1 Total number of participants 2 banks Number of domestic participants 2 banks Number of foreign participants 2 banks
3
2008 97 97 60 60 37 37
2009 112 112 61 61 51 51
2010 116 116 59 59 57 57
2011 127 127 58 58 69 69
95 95 59 59 36 36
1 Between June 2001 and April 2009, Swiss blue chips were traded on virt-x. virt-x was a Recognised Investment Exchange (RIE) based in London (for figures on virt-x during this period, see the United Kingdom). Since May 2009, Swiss blue chips have been traded at the SIX Swiss Exchange. 2 Includes banks and securities dealers. 3 Participants are considered domestic if the legal entity is incorporated in Switzerland and regulated by the FINMA (Swiss Financial Market Supervisory Authority).
Table 15

(end of year) 2007 SIX Swiss Exchange1 Total number of listed securities debt securities bonds equity other
1
2008 23,773 1,364 1,364 361 22,048
2009 25,680 1,404 1,404 339 23,937
2010 32,984 1,502 1,502 324 31,158
2011 37,375 1,574 1,574 296 35,505
20,920 1,334 1,334 378 19,208
Some of the securities listed at SIX Swiss Exchange are traded on Scoach Switzerland.
Table 16

(CHF billions, end of year) 2007 SIX Swiss Exchange 1 Total market capitalisation/equity
1
2008 918.2
2009 1,100.7
2010 1,145.9
2011 1,018.8
1,443.0
Market capitalisation encompasses all listed Swiss domestic equities, no free float weighting.
367
Switzerland
Table 17

(thousands, total for the year) 2007 SIX Swiss Exchange Total number of executed securities trades debt securities bonds 1 equity other Total number of executed derivatives trades financial futures financial options 2 other financial derivatives
1
2008 7,843.7 558.8 558.8 6,934.1 350.9 2,210.5 0 0 2,210.5
2009 33,273.6 591.7 591.7 32,115.3 566.6 1,498.2 0 0 1,498.2
2010 33,582.6 520.8 520.8 32,228.4 833.4 1,395.7 0 0 1,395.7
2011 38,640.2 544.0 544.0 36,952.7 1,143.4 1,380.2 0 0 1,380.2
8,714.4 461.4 461.4 8,008.1 244.8 2,539.4 0 0 2,539.4
Between June 2001 and April 2009, Swiss blue chips were traded on virt-x. virt-x was a Recognised Investment Exchange (RIE) based in London (for figures on virt-x during this period, see the United Kingdom). Since May 2009 Swiss blue chips have been traded at the SIX Swiss Exchange. 2 These are traded on Scoach Switzerland.
Table 18

(CHF billions, total for the year) 2007 SIX Swiss Exchange Total value of executed securities trades debt securities bonds 1 equity other Total value of executed derivatives trades financial futures financial options 2 other financial derivatives
1
2008 354.77 201.01 201.01 113.03 40.73 60.38 0 0 60.38
2009 1,094.16 171.45 171.45 867.28 55.43 37.09 0 0 37.09
2010 1,151.24 164.08 164.08 909.54 77.62 39.73 0 0 39.73
2011 1,109.49 175.66 175.66 826.05 107.78 51.76 0 0 51.76
407.50 172.07 172.07 207.92 27.51 75.39 0 0 75.39
Between June 2001 and April 2009, Swiss blue chips were traded on virt-x. virt-x was a Recognised Investment Exchange (RIE) based in London (for figures on virt-x during this period, see the United Kingdom). Since May 2009 Swiss blue chips have been traded at the SIX Swiss Exchange. 2 These are traded on Scoach Switzerland.
368
Switzerland
Table 19

(end of year) 2007 SIX x-clear1 Total number of clearing members banks Number of domestic clearing members banks Number of foreign clearing members banks
1
2008 75 75 56 56 19 19
2009 74 74 55 55 19 19
2010 71 71 52 52 19 19
2011 71 71 49 49 22 22
73 73 55 55 18 18
1 Clearing members are considered domestic if the legal entity is incorporated in Switzerland and regulated by the FINMA (Swiss Financial Market Supervisory Authority).
369
Switzerland
Table 20

(thousands, total for the year) 2007 SIX x-clear Total number of contracts and transactions cleared Number of securities transactions cleared debt securities bonds 2 equity of which: number of repurchase transactions cleared Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared
1
2008
2009
2010
2011
28,500 28,500 0 0 28,500
50,800 50,800 0 0 50,800
68,700 68,700 0 0 68,700
82,565 82,565 764 764 81,801
101,600 101,600 833 833 100,767
0 0
0 0
2
0 0
0 0
0 0
Transactions cleared between SIX x-clear and LCH. Limited Ltd are counted half. included.
As from September 2007, ETFs are
Table 21

(CHF billions, total for the year) 2007 SIX x-clear Total value of contracts and transactions cleared Value of securities transactions cleared debt securities bonds 2 equity of which: value of repurchase transactions cleared Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared
1
2008 1,694.1 1,694.1 0 0 1,694.1
2009 1,369.4 1,369.4 0 0 1,369.4
2010 1,800.2 1,800.2 139.2 139.2 1,661.0
2011 1,731.1 1,731.1 90.0 90.0 1,641.2
1,744.4 1,744.4 0 0 1,744.4
0 0
0 0
2
0 0
0 0
0 0
Transactions cleared between SIX x-clear and LCH. Limited Ltd are counted half. included.
As from September 2007, ETFs are
370
Switzerland
Table 22

(end of year) 2007 SIX SIS Total number of participants1 central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants Number of foreign participants
1
2008 431 nav nav nav nav nav nav nav
Figures for 2007 not directly comparable to earlier data as the method of calculation has been revised.
Table 23

(thousands, end of year) 2007 SIX SIS Total number of securities held debt securities equity other Swiss and Principality of Liechtenstein ISIN Total number of securities held debt securities equity other Non-Swiss or Principality of Liechtenstein ISIN Total number of securities held debt securities equity other 152.07 nav nav nav 2008 168.41 nav nav nav 2009 202.24 nav nav nav 2010 227.50 nav nav nav 2011 237.60 nav nav nav
40.85 nav nav nav
41.27 nav nav nav
55.45 nav nav nav
78.94 nav nav nav
82.12 nav nav nav
111.22 nav nav nav
127.14 nav nav nav
146.79 nav nav nav
148.56 nav nav nav
155.47 nav nav nav
371
Switzerland
Table 24

(CHF billions, end of year) 2007 SIX SIS Total value of securities held debt securities equity other Swiss and Principality of Liechtenstein ISIN Total value of securities held debt securities equity other Non-Swiss or Principality of Liechtenstein ISIN Total value of securities held debt securities equity other 3,086.4 nav nav nav 2008 2,447.8 nav nav nav 2009 2,859.6 nav nav nav 2010 2,846.6 nav nav nav 2011 2,554.9 nav nav nav
2,410.4 nav nav nav
1,850.9 nav nav nav
2,100.8 nav nav nav
2,129.0 nav nav nav
1,902.0 nav nav nav
676.0 nav nav nav
596.9 nav nav nav
758.7 nav nav nav
717.6 nav nav nav
653.1 nav nav nav
Table 25

(thousands, total for the year) 2007 SIX SIS Total number of delivery instructions1 DVP free of payment Settlement in SIX SIS Total number of delivery instructions1, 2 DVP free of payment Settlement outside SIX SIS Total number of delivery instructions3 DVP free of payment
1 2
2008 69,324 nav nav
2009 55,814 nav nav
2010 57,426 nav nav
2011 65,207 nav nav
49,577 nav nav
45,374 nav nav
64,661 nav nav
50,883 nav nav
51,671 nav nav
57,858 nav nav
4,203 nav nav
4,663 nav nav
4,932 nav nav
5,755 nav nav
7,349 nav nav
Gross before netting; excludes delivery instructions related to transfers between the accounts of the same participant. Delivery instructions settled at SIX SIS. 3 Delivery instructions settled at foreign custodian/(I)CSD; gross before netting.
Table 26

(CHF billions, total for the year) 2007 SIX SIS Total value of delivery instructions 1 DVP free of payment
1
2008 17,638.3 nav nav
2009 13,694.7 nav nav
2010 14,768.4 nav nav
2011 12,349.0 nav nav
13,660.2 nav nav
Based on settlement values in SIC.
372
Turkey
Table 1

2007 70,586.3 843.18 11,945 8.4 1.1647 1.3015 2008 71,517.1 950.53 13,291 10.1 1.5123 1.2929 2009 72,561.3 952.56 13,128 6.5 1.5057 1.5471 2010 73,723.0 1,098.80 14,904 6.4 1.5460 1.5004 2011 74,724.3 1,294.89 17,329 10.5 1.9065 1.6700
Population (thousands) GDP (TRY billions)1 GDP per capita (TRY) Consumer price inflation (%) Exchange rate (TRY/USD): end of year average
1
Data for 2010 have been revised by the Turkish Statistics Agency.
Table 2

(TRY billions, end of year) 2007 26.16 51.34 76.35 21.62 nav 2008 30.57 56.20 85.48 23.14 nav 2009 35.40 73.11 107.35 28.42 nav 2010 44.60 90.84 135.19 31.29 nav 2011 49.67 111.71 161.21 46.34 nav
Notes and coin in circulation outside banks Value of transferable deposits Narrow money supply (M1) Memo: Transferable deposits in foreign currencies1 Outstanding value on e-money storages
1
Data have been revised by the Central Bank of the Republic of Turkey.
373
Turkey
Table 3

(TRY billions, average for December) 2007 19.203 18.929 0.274 28.925 2008 24.941 24.266 0.675 43.604 2009 23.740 23.141 0.599 47.391 2010 33.470 33.141 0.329 28.214 2011 38.045 37.829 0.216 33.259
Transferable balances held at the central bank required reserves free reserves Transferable balances held at other banks1 Memo: Credit extended by the central bank:2 intraday overnight 3 longer refinancing operations (repos) 3
1
0.000 -6.527 -0.776
0.000 -13.565 16.486
0.001 -12.603 27.514
0 -1.206 18.750
0 12.442 28.136
Due from banks - domestic, due from banks abroad (sight free accounts), due from interbank market. Data for 2007 have been 2 A minus sign indicates overall liquidity absorbing operations. 3 Data have been revised by the Central Bank of Turkey. revised by the Central Bank of Turkey (interest payments excluded).
Table 4
Banknotes and coin

(TRY millions, end of year) 2007 28,151.75 27,429.39 nap 8,486.00 13,782.59 3,270.41 1,234.05 577.14 79.20 722.36 430.98 135.39 68.74 59.24 26.38 1.63 1,988.20 26,163.56 2008 32,521.10 31,743.43 nap 13,094.16 13,999.27 2,804.09 1,207.29 570.73 67.90 777.66 464.07 144.64 74.05 64.11 29.15 1.64 1,952.95 30,568.15 2009 39,242.20 38,340.28 6,071.40 16,197.69 11,430.80 2,703.34 1,287.04 590.52 59.50 901.93 547.71 154.74 87.84 73.68 36.24 1.72 3,842.57 35,399.64 2010 49,989.27 48,937.56 9,595.55 22,059.40 12,280.48 2,866.01 1,420.20 657.78 58.14 1,051.71 635.07 179.32 106.76 85.38 43.31 1.89 5,394.07 44,595.20 2011 56,096.75 55,103.17 12,301.06 25,934.17 11,600.73 2,967.09 1,525.81 721.26 53.05 993.57 628.20 164.19 99.84 70.08 30.79 0.47 6,425.43 49,671.32
Total banknotes and coin issued Total banknotes issued TRY 200 TRY 100 TRY 50 TRY 20 TRY 10 TRY 5 other denominations Total coin issued of which: TRY 1 TRY 0.50 TRY 0.25 TRY 0.10 TRY 0.05 TRY 0.01 Banknotes and coin held by banks Banknotes and coin in circulation outside banks
374
Turkey
Table 5

(end of year) 2007 Central bank Number of branches or offices Number of accounts, all Value of accounts, all (TRY billions) Banks Number of institutions Number of branches or offices Number of accounts (thousands)1 of which: number of internet/PC-linked accounts (thousands) Value of accounts (TRY billions) Public banks Number of institutions Number of branches or offices Value of accounts (TRY billions) Private banks Number of institutions Number of branches or offices Value of accounts (TRY billions) Investment Banks Number of institutions Number of branches or offices Value of accounts (TRY billions) SDIF-controlled Banks Number of institutions Number of branches or offices Value of accounts (TRY billions) Participation Banks Number of institutions Number of branches or offices Value of accounts (TRY billions) Branches of foreign banks Number of institutions Number of branches or offices Value of accounts (TRY billions) 21 nav 841.98 2008 21 nav 968.08 2009 21 nav 1,114.39 2010 21 nav 1,089.92 2011 21 nav 1,240.23
50 8,040 96,213.0 5,114.0 371.93 3 2,203 127.95 11 3,625 177.53 13 48 0 1 1 0.04 4 422 14.94 18 1,741 51.47
2
49 9,320 101,018.0 6,342.0 472.69 3 2,416 161.27 11 4,290 231.94 13 49 0 1 1 0.04 4 530 19.21 17 2,034 60.23
49 9,587 109,231.0 7,457.0 534.10 3 2,530 187.13 11 4,390 254.73 13 44 0 1 1 0.03 4 560 26.84 17 2,062 65.37
49 10,072 124,307.0 7,460.0 648.51 3 2,744 228.28 11 4,582 308.03 13 42 0 1 1 0.03 4 607 33.83 17 2,096 78.35
48 10,519 139,907.0 9,560.0 738.79 3 2,909 240.25 11 4,944 365.48 13 42 0 1 1 0.02 4 685 39.87 16 1,938 93.17
Other institutions offering payment services to non-banks Number of institutions 1 Number of branches or offices 3,163 Number of accounts (thousands) 948.0 Value of accounts (TRY billions) 0 Institutions offering payment services to non-banks (total) Number of institutions 52 Number of branches or offices 11,224 Number of accounts held by non-banks (thousands) 97,161.0 of which: number of internet/PC-linked accounts (thousands) 5,114.0 Value of accounts held by non-banks (TRY billions) 1,213.91 Memo: Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
1 3,194 1,153.0 0
1 3,252 1,436.0 0
1 3,282 1,529.0 0
1 3,354 1,859.0 0
51 12,535 102,171.0 6,342.0 1,440.77
51 12,860 110,667.0 7,457.0 1,648.49
51 13,375 125,836.0 7,460.0 1,738.15
50 13,894 141,766.0 9,560.0 1,979.02
nav nav
2
nav nav
nav nav
nav nav
nav nav
Data have been revised by the Central Bank of the Republic of Turkey.
PTT, Turkish postal organisation.
375
Turkey
Table 6

(end of year) 2007 Cards issued in the country (thousands) Cards with a cash function Cards with a debit function Cards with a credit function Cards with an e-money function Total number of cards (irrespective of the number of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs1 ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals EFTPOS terminals E-money card terminals
1
2008 38,144 60,551 43,394 nap
2009 38,531 64,662 44,393 nap
2010 41,033 69,916 46,956 nap
2011 45,173 81,880 51,361 nap
33,870 55,510 37,335 nap
92,845 nap
103,946 nap
109,055 nap
116,873 nap
133,241 nap
nap
nap
nap
nap
nap
18,800 18,800 18,800 1,453,877 1,417,931 nap
21,970 21,970 21,970 1,632,639 1,592,715 nap
23,800 23,800 23,800 1,738,728 1,714,996 nap
27,649 27,649 27,649 1,823,530 1,816,071 nap
32,462 32,462 32,462 1,976,843 1,970,170 nap
Data for 2009 have been revised by Interbank Card Center.
376
Turkey
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country1 payments by cards with a debit function payments by cards with a credit function E-money payment transactions Cheques Other payment instruments Total number of transactions with payment instruments1 of which: cross-border transactions sent Memo: Cross-border transactions received nav nav nav nap 1,444.07 73.85 1,370.22 nav nap nap 2008 nav nav nav nap 1,712.76 106.83 1,605.93 nav nap nap 2009 nav nav nav nap 1,910.47 153.94 1,756.53 nav nap nap 2010 nav nav nav nap 2,178.96 220.25 1,958.71 nav nap nap 2011 nav nav nav nap 2,490.90 308.37 2,182.54 nav nap nap
1,444.07 nav
1,712.76 nav
1,910.47 nav
2,178.96 nav
2,490.90 nav
nav
nav
nav
nav
nav
Transactions per type of terminal2 Total transactions at terminals in the country Cash transactions 627.64 681.62 ATM cash withdrawals 627.64 681.62 ATM cash deposits nav nav POS payment transactions 1,454.05 1,723.53 E-money card loading/unloading transactions nav nav E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 617.68 670.43 ATM cash withdrawals 617.68 670.43 ATM cash deposits nav nav POS payment transactions 1,431.84 1,696.91 E-money card loading/unloading transactions nav nav E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 8.24 9.14 ATM cash withdrawals 8.24 9.14 ATM cash deposits nav nav POS payment transactions 9.71 10.84 E-money card loading/unloading transactions nav nav E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 1.74 2.05 ATM cash withdrawals 1.74 2.05 ATM cash deposits nav nav POS payment transactions 12.50 15.79 E-money card loading/unloading transactions nav nav E-money card payment transactions nap nap
1
751.04 751.04 nav 1,922.66 nav nap 739.25 739.25 nav 1,893.50 nav nap 9.79 9.79 nav 11.83 nav nap 1.99 1.99 nav 17.33 nav nap
Data for 2007 have been revised by Interbank Card Center (ICC).
Data have been revised by the ICC.
377
Turkey
Table 8
(TRY billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based non-paper-based Direct debits Card payments with cards issued in the country payments by cards with a debit function payments by cards with a credit function E-money payment transactions Cheques Other payment instruments Total value of transactions with payment instruments of which: cross-border transactions sent Memo: Cross-border transactions received nav nav nav nap 130.36 2.34 128.02 nav nap nap 2008 nav nav nav nap 169.34 3.44 165.90 nav nap nap 2009 nav nav nav nap 188.31 4.93 183.37 nav nap nap 2010 nav nav nav nap 221.99 7.80 214.20 nav nap nap 2011 nav nav nav nap 277.52 11.99 265.54 nav nap nap
130.36 nav
169.34 nav
188.31 nav
221.99 nav
277.52 nav
nav
nav
nav
nav
nav
Transactions per type of terminal1 Total transactions at terminals in the country Cash transactions 142.70 171.83 ATM cash withdrawals 142.70 171.83 ATM cash deposits nav nav POS payment transactions 133.90 173.56 E-money card loading/unloading transactions nav nav E-money card payment transactions nap nap a) Transactions at terminals in the country by cards issued in the country Cash transactions 139.87 168.44 ATM cash withdrawals 139.87 168.44 ATM cash deposits nav nav POS payment transactions 128.16 166.64 E-money card loading/unloading transactions nav nav E-money card payment transactions nap nap b) Transactions at terminals in the country by cards issued outside the country Cash transactions 2.47 2.95 ATM cash withdrawals 2.47 2.95 ATM cash deposits nav nav POS payment transactions 3.52 4.21 E-money card loading/unloading transactions nav nav E-money card payment transactions nap nap c) Transactions at terminals outside the country by cards issued in the country Cash transactions 0.36 0.44 ATM cash withdrawals 0.36 0.44 ATM cash deposits nav nav POS payment transactions 2.21 2.71 E-money card loading/unloading transactions nav nav E-money card payment transactions nap nap 1 Data have been revised by Interbank Card Center.
203.04 203.04 nav 193.20 nav nap 199.14 199.14 nav 185.31 nav nap 3.39 3.39 nav 4.84 nav nap 0.51 0.51 nav 3.06 nav nap
378
Turkey
Table 9

(end of year) 2007 Large-value payment systems TIC-RTGS Number of participants Direct participants Banks Central bank Indirect participants Retail payment systems BKM Number of participants Direct participants Banks ICH Number of participants Direct participants Banks Central bank 2008 2009 2010 2011
48 48 47 1 nap
48 48 47 1 nap
48 48 47 1 nap
48 48 47 1 nap
47 47 46 1 nap
27 27 26
28 28 27
28 28 27
28 28 27
27 27 26
42 42 41 1
41 41 40 1
40 40 39 1
41 41 40 1
40 40 39 1
379
Turkey
Table 10

(millions, total for the year) 2007 Large-value payment systems TIC-RTGS Total transactions sent Concentration ratio in terms of volume (%) Retail payment systems BKM Total transactions sent card payments ATM transactions Concentration ratio in terms of volume (%) ICH Total transactions sent cheques Concentration ratio in terms of volume (%) 2008 2009 2010 2011
106.07 57.5
119.31 59.8
129.45 60.6
142.22 59.6
166.69 58.4
727.81 701.22 26.58 77.1
826.08 796.02 30.06 75.0
897.75 866.27 31.48 71.3
1,037.37 1,006.60 30.76 64.4
1,221.93 1,189.51 32.42 63.5
24.89 24.89 50.8
23.16 23.16 44.0
19.31 19.31 51.9
18.67 18.67 55.0
18.21 18.21 54.6
Table 11

(TRY billions, total for the year) 2007 Large-value payment systems TIC-RTGS Total transactions sent Concentration ratio in terms of value (%) Retail payment systems BKM Total transactions sent card payments ATM transactions Concentration ratio in terms of value (%) ICH Total transactions sent cheques Concentration ratio in terms of value (%)1
1
2008
2009
2010
2011
18,041.063 21,918.582 23,703.605 24,937.742 39,311.180 64.3 62.9 64.4 61.5 67.5
64.638 60.506 4.132 71.5
81.927 76.903 5.024 68.5
94.128 88.375 5.753 65.3
110.523 105.069 5.454 66.1
135.978 129.905 6.072 66.2
220.465 220.465 52.1
234.272 234.272 51.3
200.778 200.778 45.5
228.017 228.017 54.9
275.405 275.405 53.1
Data for 2010 have been revised by Interbank Card Center.
380
Turkey
Table 12

(end of year) 2007 29 29 18 18 8 7 55 54 2008 29 29 17 17 10 10 56 56 2009 29 29 16 16 10 10 55 55 2010 29 29 16 16 11 11 56 56 2011 28 28 16 16 11 11 55 55
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
381
Turkey
Table 14

(end of year) 2007 Istanbul Stock Exchange Total number of participants central bank central counterparties (CCPs) banks other Number of domestic participants central bank central counterparties (CCPs) banks other Number of foreign participants Turkish Derivatives Exchange Total number of participants central bank central counterparties (CCPs) 1 banks other Number of domestic participants central bank central counterparties (CCPs) 1 banks other Number of foreign participants
1
2008 146 1 0 41 104 146 1 0 41 104 0
2009 145 1 0 41 103 145 1 0 41 103 0
2010 145 1 0 41 103 145 1 0 41 103 0
2011 143 1 0 40 102 143 1 0 40 102 0
146 1 0 41 104 146 1 0 41 104 0
80 0 1 17 63 80 0 1 17 63 0
89 0 1 18 71 89 0 1 18 71 0
89 0 1 18 71 89 0 1 18 71 0
98 0 1 20 78 98 0 1 20 78 0
99 0 1 18 81 99 0 1 18 81 0
Number of central counterparties is not included in total number of participants.
382
Turkey
Table 15

(end of year) 2007 Istanbul Stock Exchange Total number of listed securities debt securities short-term paper bonds equity other1 Turkish Derivatives Exchange Total number of listed securities other2
1
2008 605 279 4 275 326 0
2009 667 342 14 328 325 0
2010 782 409 6 403 350 23
2011 1,174 554 49 505 373 247
584 257 5 252 327 0
10 10
10 10
10 10
13 13
15 15
Warrants.
Futures contracts, number of underlying assets.
Table 16

(TRY billions, end of year) 2007 Istanbul Stock Exchange Total market capitalisation/equity Turkish Derivatives Exchange Total market capitalisation/equity 335.95 2008 182.03 2009 350.76 2010 472.55 2011 381.26
nap
nap
nap
nap
nap
383
Turkey
Table 17

(thousands, total for the year) 2007 Istanbul Stock Exchange Total number of executed securities trades1 debt securities short-term paper bonds equity1 other Total number of executed derivatives trades Turkish Derivatives Exchange Total number of executed securities trades Total number of executed derivatives trades financial futures commodity futures
1
2008 46,392.99 447.56 14.05 433.51 45,945.43 0 nap
2009 69,194.28 494.51 15.58 478.93 68,699.77 0 nap
2010
2011
48,862.24 521.83 19.56 502.27 48,340.41 0 nap
81,843.41 103,216.69 386.30 361.34 13.00 4.06 373.30 357.27 81,298.62 101,497.17 158.49 1,358.19 nap nap
nap 24,867.03 24,866.92 0.11
nap 54,472.84 54,445.68 27.16
nap 79,431.34 79,312.99 118.35
nap 63,952.18 63,804.69 147.49
nap 74,287.63 73,526.36 761.27
Data from 2007 to 2010 have been revised by Istanbul Stock Exchange.
Table 18

(TRY billions, total for the year) 2007 Istanbul Stock Exchange Total value of executed securities trades1 debt securities1 short-term paper bonds equity other Total value of executed derivatives trades Turkish Derivatives Exchange Total value of executed securities trades Total value of executed derivatives trades financial futures commodity futures
1
2008 633.60 300.99 14.39 286.61 332.61 0 nap
2009 899.59 417.05 20.30 396.75 482.53 0 nap
2010 1,081.85 446.18 30.22 415.96 635.12 0.55 nap
2011 1,173.16 478.28 4.93 473.35 690.20 4.68 nap
751.73 363.95 22.03 341.92 387.78 0 nap
nap 118.04 118.04 0.00
nap 207.96 207.86 0.10
nap 334.17 333.58 0.59
nap 431.68 430.81 0.87
nap 439.80 436.52 3.28
Data for 2010 have been revised by Istanbul Stock Exchange.
384
Turkey
Table 19

(end of year) 2007 Takasbank Total number of clearing members central bank central counterparties (CCPs) banks other 1 Number of domestic clearing members central bank central counterparties (CCPs) banks other 1 Number of foreign clearing members
1
2008 132 1 0 41 90 132 1 0 41 90 0
2009 130 1 0 41 88 130 1 0 41 88 0
2010 131 1 0 41 89 131 1 0 41 89 0
2011 127 1 0 39 87 127 1 0 39 87 0
139 1 0 40 98 139 1 0 40 98 0
Brokerage houses operating at Istanbul Stock Exchange and Turkish Derivatives Exchange.
385
Turkey
Table 20

(thousands, total for the year) 2007 Takasbank Total number of contracts and transactions cleared1 Number of securities transactions cleared debt securities bonds government bonds equity other2 of which: number of repurchase transactions cleared 3 Number of exchange-traded derivatives contracts cleared financial futures commodity futures commodity options other commodity derivatives Number of OTC derivatives contracts cleared
1
2008
2009
2010
2011
74,365.3 49,498.3 1,157.9 0.0 1,157.8 48,340.4 nav
101,573.7 47,100.9 1,155.5 1.5 1,154.0 45,945.4 nav
149,333.6 69,902.2 1,202.5 2.3 1,200.1 68,699.8 nav
146,537.4 82,585.3 1,128.1 2.6 1,125.5 81,457.1 nav
177,949.4 103,661.7 1,113.4 4.6 1,108.8 102,548.4 nav
645.8
716.5
716.8
753.7
765.5
24,867.0 24,866.9 0.1 nap nap nap
54,472.8 54,445.7 27.2 nap nap nap
79,431.3 79,313.0 118.4 nap nap nap
63,952.2 63,804.7 147.5 nap nap nap

2
74,287.6 73,526.4 761.2 nap 0.0 nap
Data from 2007 to 2010 have been revised by Takasbank. Different methodology since reporting year 2007. The number of exchange-traded funds is counted within "equities"; the number of exchange-traded fund contracts cannot be separated from 3 Only available for government bonds. the number of equities contracts for the time being.
Table 21

(TRY billions, total for the year) 2007 Takasbank Total value of contracts and transactions cleared Value of securities transactions cleared debt securities bonds government bonds equity other1 of which: value of repurchase transactions cleared 2 Value of exchange-traded derivatives contracts cleared financial futures commodity futures commodity options other commodity derivatives Value of OTC derivatives contracts cleared
1
2008 3,692.410 3,484.447 3,151.855 0.155 3,151.700 332.592 nav
2009 4,143.872 3,809.699 3,330.518 0.246 3,330.272 479.180 nav
2010 4,445.946 4,014.264 3,378.600 0.280 3,378.320 635.664 nav
2011 5,031.522 4,591.723 3,896.847 2.597 3,894.250 694.876 nav
3,374.774 3,256.738 2,869.112 0.003 2,869.109 387.626 nav
2,512.450
2,857.432
2,923.226
2,946.622
3,438.487
118.035 118.035 0.000 nap nap nap
207.963 207.863 0.099 nap nap nap
334.174 333.580 0.594 nap nap nap
431.682 430.810 0.872 nap nap nap
439.799 436.518 3.278 nap 0.003 nap
Data from 2007 to 2010 have been revised by Takasbank. Different methodology since reporting year 2007. 2 The value of exchange-traded funds is counted within "equities"; the value of exchange-traded fund contracts cannot be separated from the 3 Only available for government bonds. value of equities contracts for the time being.
386
Turkey
Table 22

(end of year) 2007 Takasbank Total number of participants central bank central counterparties (CCPs) central securities depositories banks other 1 Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other 1 Number of foreign participants Central Registry Agency Total number of participants central bank central counterparties (CCPs) central securities depositories 2 banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories 2 banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other TIC-ESTS Total number of participants central bank banks Number of domestic participants central bank banks Number of foreign participants
1
2008 89 0 0 0 8 81 89 0 0 0 8 81 0
2009 91 0 0 0 9 82 91 0 0 0 9 82 0
2010 88 0 0 0 5 83 88 0 0 0 5 83 0
2011 86 0 0 0 4 82 86 0 0 0 4 82 0
106 0 0 0 11 95 106 0 0 0 11 95 0
465 0 0 1 43 421 465 0 0 1 43 421 0 0 0 0 0 0
469 0 0 1 43 425 469 0 0 1 43 425 0 0 0 0 0 0
457 0 0 1 43 413 457 0 0 1 43 413 0 0 0 0 0 0
491 0 0 1 45 445 489 0 0 1 44 444 2 0 0 0 1 1
540 0 0 1 45 494 537 0 0 1 43 493 3 0 0 0 2 1
48 1 47 48 1 47 0
48 1 47 48 1 47 0
48 1 47 48 1 47 0
48 1 47 48 1 47 0
47 1 46 47 1 46 0
Brokerage houses and institutional investors for non-fungible custody, private pension companies for private pension fund 2 Takasbank acts as the cash settlement agent. custody.
387
Turkey
Table 23

(thousands, end of year) 2007 Takasbank Total number of securities held1 equity2 other3 Central Registry Agency4 Total number of securities held5 debt securities6 short-term paper bonds equity other7 TIC-ESTS Total number of securities held debt securities short-term paper bonds equity2 other3
1 4
2008 1,971.78 1,971.66 0.12
2009 2,012.57 2,012.44 0.13
2010 2,040.41 2,040.27 0.14
2011 2,033.56 2,033.40 0.17
2,092.64 2,092.53 0.10
0.864 0.006 0 0.006 0.563 0.295
0.906 0.009 0 0.009 0.569 0.328
0.938 0.021 0.011 0.010 0.566 0.351
1.151 0.069 0.041 0.028 0.603 0.479
1.497 0.103 0.051 0.052 0.679 0.715
0.357 0.357 0.033 0.324 nap nap

2
0.381 0.381 0.027 0.354 nap nap
0.436 0.436 0.021 0.415 nap nap

3
0.557 0.557 0.017 0.540 nap nap
0.597 0.597 0.004 0.593 nap nap
Data from 2007 and 2008 have been revised by Takasbank. Non-fungible, ISIN basis. Private pension funds, ISIN basis. Data have been revised by Central Registry Agency. 5 ISIN basis. 6 Corporate bonds held in CRA since 2006, bank bills 7 Mutual funds and held in CRA since 2009, asset backed securities and asset covered securities held in CRA since 2011. exchange-traded funds.
Table 24

(TRY millions, end of year) 2007 Takasbank Total value of securities held1 equity2 other3 Central Registry Agency4 Total value of securities held5 debt securities6 short-term paper bonds equity other7 TIC-ESTS8 Total value of securities held debt securities short-term paper bonds equity other
1 4
2008 6,447.8 62.2 6,385.6
2009 9,187.1 77.5 9,109.6
2010 12,217.9 200.0 12,017.9
2011 14,435.6 89.3 14,346.3
5,227.6 656.3 4,571.3
362,822.8 381.0 230.0 151.0 335,985.7 26,456.1
207,207.7 576.0 320.0 256.0 182,274.8 24,356.9
381,722.2 536.6 155.6 381.1 350,833.9 30,351.6
508,082.7 2,858.5 1,566.7 1,291.8 471,968.0 33,256.2
426,380.1 14,566.0 9,989.6 4,576.4 381,535.9 30,278.3
280,832.86 293,034.45 350,160.84 367,431.71 389,934.07 280,832.86 293,034.45 350,160.84 367,431.71 389,934.07 7,618.54 11,166.06 11,773.50 8,104.93 8,859.36 273,214.31 281,868.39 338,387.34 359,326.78 381,074.72 nap nap nap nap nap nap nap nap nap nap
Data from 2007 and 2008 have been revised by Takasbank. 2 Non-fungible, ISIN basis. 3 Private pension funds, ISIN basis. Data have been revised by Central Registry Agency. 5 ISIN basis. 6 Corporate bonds held in CRA since 2006, bank bills 7 Mutual funds and held in CRA since 2009, asset backed securities and asset covered securities held in CRA since 2011. 8 Data have been revised by TIC-ESTS. exchange-traded funds.
388
Turkey
Table 25

(total for the year) 2007 Takasbank Total number of delivery instructions free of payment equity Central Registry Agency (thousands) Total number of delivery instructions DVP debt securities1 short-term paper bonds equity other2 free of payment debt securities1 short-term paper bonds equity other2 TIC-ESTS (thousands) Total number of delivery instructions DVP debt securities short-term paper 3 bonds 3 free of payment debt securities short-term paper bonds
1
2008 47 47 47
2009 3 3 3
2010 33 33 33
2011 0 0 0
56 56 56
4,062.726 292.200 0.004 0 0.004 291.664 0.532 3,770.526 0.399 0.018 0.381 3,510.234 259.893
3,217.157 338.915 0 0 0 338.506 0.409 2,878.242 2.119 0.016 2.103 2,518.245 357.878
6,281.982 358.566 0 0 0 358.339 0.227 5,923.416 1.441 0.129 1.312 5,517.978 403.997
2,237.878 464.465 0.158 0.005 0.153 461.909 2.398 1,773.413 13.618 4.321 9.297 1,681.898 77.897
2,416.491 538.595 0.302 0.033 0.269 512.744 25.549 1,877.896 437.806 352.813 84.993 1,357.393 82.697
100.304 28.415 28.415 0.527 27.888 71.889 71.889 5.404 66.485
100.508 31.137 31.137 0.394 30.743 69.371 69.371 3.836 65.535
84.466 25.308 25.308 0.317 24.991 59.158 59.158 3.437 55.721
88.382 27.742 27.742 0.604 27.138 60.640 60.640 3.410 57.230
129.884 68.640 68.640 0.295 68.345 61.244 61.244 0.611 60.633
Corporate bonds held in CRA since 2006, bank bills held in CRA since 2009, asset backed securities and asset covered 3 3 Mutual funds and exchange-traded funds. Data for 2007, 2008 and 2009 have been securities held in CRA since 2011. revised by TIC-ESTS.
389
Turkey
Table 26

(TRY millions, total for the year) 2007 Takasbank Total value of delivery instructions free of payment equity Central Registry Agency Total value of delivery instructions DVP debt securities1 short-term paper bonds equity other2 free of payment debt securities1 short-term paper bonds equity other2 TIC-ESTS (billions) Total value of delivery instructions DVP debt securities short-term paper bonds free of payment debt securities short-term paper bonds
1
2008 71.24 71.24 71.24
2009 74.46 74.46 74.46
2010 13.20 13.20 13.20
2011 0 0 0
485.53 485.53 485.53
552,881.06 212,583.44 9.14 0 9.14 212,184.25 390.06 340,297.62 570.37 515.04 55.33 335,605.18 4,122.06
488,699.56 187,815.14 0 0 0 187,599.91 215.23 300,884.42 802.54 110.16 692.37 295,964.63 4,117.25
403,407.84 149,455.76 0 0 0 149,362.65 93.10 253,952.08 1,187.44 197.55 989.90 248,584.76 4,179.89
558,911.96 225,864.33 164.05 46.09 117.97 225,238.97 461.31 333,047.64 6,774.51 3,552.56 3,221.95 325,427.20 845.93
684,923.44 243,492.13 642.20 305.69 336.51 238,849.82 4,000.12 441,431.31 91,921.20 45,482.06 46,439.13 348,157.74 1,352.37
2,596.67 428.79 428.79 21.27 407.52 2,167.88 2,167.88 28.62 2,139.26
3,619.50 1,086.58 1,086.58 19.99 1,066.59 2,532.92 2,532.92 25.60 2,507.32
4,956.31 1,681.90 1,681.90 39.39 1,642.52 3,274.41 3,274.41 33.80 3,240.61
3,641.77 1,565.55 1,565.55 109.78 1,455.77 2,076.22 2,076.22 54.25 2,021.97
7,779.68 5,487.60 5,487.60 77.93 5,409.67 2,292.09 2,292.09 12.04 2,280.05
Corporate bonds held in CRA since 2006, bank bills held in CRA since 2009, asset backed securities and asset covered 2 Mutual funds and exchange-traded funds. securities held in CRA since 2011.
390
United Kingdom
Table 1

2007 60,986 1,412.1 23,155 2.3 0.4982 0.4997 2008 61,398 1,440.9 23,469 3.6 0.6844 0.5451 2009 61,792 1,401.9 22,687 2.2 0.6165 0.6406 2010 nav 1,466.6 nav 3.3 0.6442 0.6478 2011 nav 1,515.0 nav 4.5 0.6456 0.6238
Population (thousands) GDP (GBP billions) GDP per capita (GBP) 1 Consumer price inflation (%) Exchange rate (GBP/USD): end of year average
1
Yearly average.
Table 2

(GBP billions, end of year) 2007 45.49 1,028.41 1,073.11 142.21 nav 2008 40.71 1,077.58 1,122.45 147.14 nav 2009 50.59 1,136.81 1,185.13 251.56 nav 2010 54.62 1,182.70 1,235.03 256.38 nav 2011 57.35 1,216.63 1,271.62 258.84 nav
Notes and coin in circulation outside banks Value of transferable deposits Narrow money supply (M2)1 Memo: Transferable deposits in foreign currencies Outstanding value on e-money storages2
1
Does not equal the sum of the two previous items. M2 consists of private sector holdings of notes and coin plus retail deposits. The latter include non-interest bearing deposits as well as deposits placed at advertised interest rates. 2 There is no fully operational electronic money scheme currently in place.
Table 3

(GBP billions, average of last reserve maintenance period) 2007 26.74 2.94 23.80 371.64 2008 nav 2.91 59.74 515.62 2009 nav 2.60 153.50 695.43 2010 nav 2.77 142.96 659.41 2011 nav 2.39 174.61 624.09
Transferable balances held at the central bank required reserves 1 free reserves Transferable balances held at other banks2 Memo: Credit extended by the central bank:3 intraday overnight 4 longer-term refinancing operations
17.50 nav 28.49
23.39 nav 113.70
17.81 nav 11.31
21.49 nav 10.58
22.77 nav 6.16
1 On 1 June 1998 a statutory scheme came into effect whereby both banks and building societies with average eligible liabilities of GBP 400 million or more are required to hold non-interest bearing deposits with the Bank of England of 0.15% of their eligible liabilities in excess of GBP 500 million. 2 Includes some time deposits. 3 Banks borrow from the Bank of England mainly through intraday and two-week repo transactions in gilts, Treasury bills and eligible euro securities. Funds obtained in this way may be used for payment purposes. 4 Although largely longer-term, also includes some overnight refinancing operations; a disaggregation is not possible.
391
United Kingdom
Table 4
Banknotes and coin

(GBP billions, end of year) 2007 47.361 43.786 7.609 27.732 7.132 1.314 3.574 0.624 1.478 0.411 0.466 0.163 0.191 0.132 0.109 5.529 45.487 2008 49.081 45.420 8.542 28.671 6.855 1.351 3.661 0.668 1.491 0.418 0.482 0.165 0.192 0.134 0.111 4.635 40.715
3
Total banknotes and coin issued Total banknotes issued GBP 50 GBP 20 GBP 10 GBP 5 Total coin issued GBP 2 GBP 1 GBP 0.50 GBP 0.20 GBP 0.10 GBP 0.05 GBP 0.02 GBP 0.01
3 2
1, 2
2009 53.006 49.309 9.415 31.399 7.170 1.324 3.697 0.690 1.482 0.424 0.498 0.166 0.191 0.134 0.113 6.927 50.589
2010 54.824 51.072 10.149 32.298 7.200 1.425 3.752 0.720 1.500 0.427 0.507 0.164 0.188 0.133 0.113 5.020 54.621
2011 57.750 53.964 10.362 34.491 7.510 1.601 3.786 0.738 1.496 0.433 0.526 0.160 0.188 0.133 0.113 5.716 57.350
Banknotes and coin held by banks Banknotes and coin in circulation outside banks
1
Average of Wednesdays in December.
Bank of England banknotes only.
Estimated as at 31 December.
392
United Kingdom
Table 5

(end of year) 2007 Central bank 1 Number of branches or offices Number of accounts (thousands) Value of accounts (GBP billions) Memo: Number of accounts, all (thousands) Banks Number of institutions 2 Number of branches or offices 2, 3 Number of accounts (thousands) of which: number of internet/PC-linked accounts 4 (thousands) Value of accounts (GBP billions) Branches of domestic banks Number of institutions Number of branches or offices Value of accounts (GBP billions) Branches of foreign banks Number of institutions Number of branches or offices Value of accounts (GBP billions) 1 6.730 1.083 6.757 2008 1 7.609 21.297 7.625 2009 1 5.969 31.638 5.995 2010 1 5.177 32.335 5.209 2011 1 4.550 50.043 4.596
379 13,057 143,656 30,211 4,588.6 215 nav 1,876.7 164 nav 2,711.9
375 10,986 125,696 38,451 5,722.2 214 nav 2,383.9 161 nav 3,338.3
364 10,790 127,000 39,600 2,475.7 209 nav 1,780.0 155 nav 695.6
5
380 10,627 132,900 43,600 2,524.2 207 nav 1,791.2 173 nav 733.0
365 10,686 128,000 44,800 2,813.6 204 nav 2,023.6 161 nav 790.0
Other institutions offering payment services to non-banks: Postal institution Number of institutions 1 1 1 Number of branches or offices 14,219 13,567 11,952 295,000 Number of accounts 296,000 349,000 Value of accounts (GBP billions) 1.381 1.381 1.220 Institutions offering payment services to non-banks (total) Number of institutions6 381 Number of branches or offices2 27,277 Number of accounts held by non-banks (thousands)2, 3 143,656 of which: number of internet/PC-linked accounts (thousands) 4 30,211 Value of accounts held by non-banks (GBP billions) 4,590.0 Memo: 7 Electronic money institutions Number of institutions Outstanding value on e-money storages issued by e-money institutions
1
1 11,905 278,000 1.954
1 11,677 256,000 1.486
377 24,554 125,696 38,451 5,723.6
366 22,743 127,355 39,600 2,508.5
382 22,533 133,183 43,600 2,558.5
367 22,364 128,261 44,800 2,865.1
nav nav
nav nav
nav nav
nav nav
nav nav
The central bank also has two outlets for note issue and 12 regional agencies for economic intelligence gathering purposes. 2 Estimated figures. 3 Includes private sector ordinary share and deposit accounts with UK building societies and shares and deposits below GBP 50,000 from corporate bodies, placed with building societies. 4 Number of accounts associated with internet services (credit transfers, payment of bills, etc carried out via the internet). 5 National Savings and Investments (NS&I) Easy Access Accounts only. 6 Revised data: the previous issue involved double-counting. 7 There is no fully operational electronic money scheme currently in place.
393
United Kingdom
Table 6

(thousands, end of year) 2007 Cards issued in the country Cards with a cash function Cards with a debit function 1 Cards with a delayed debit function 2 Cards with a credit function Cards with an e-money function Total number of cards (irrespective of the number 3 of functions on the card) of which: cards with a combined debit, cash and e-money function Memo: Retailer cards Terminals located in the country ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function 4 POS terminals of which: EFTPOS terminals E-money card terminals5
1
2008 168,280 76,271 2,339 66,163 nav
2009 162,208 79,270 2,309 58,604 nav
2010 165,065 84,642 2,403 55,601 nav
2011 165,100 86,325 2,192 54,483 nav
164,875 71,624 2,361 67,311 nav
165,413 nav
168,689 nav
162,584 nav
165,262 nav
165,100 nav
nav
nav
nav
nav
nav
63.4 63.4 21.3 1,050.7 nav nav
63.9 63.9 21.9 1,095.0 nav nav
62.2 62.2 19.9 1,179.2 nav nav
63.1 63.1 19.9 1,252.7 nav nav
64.4 64.4 17.1 1,360.6 nav nav
Includes data for cards with a credit and charge" facility. 2 MasterCard and Visa only. 3 Excludes any standalone e-money cards and retailer cards. 4 Estimate of total number of POS terminals in the United Kingdom. Most accept both credit and debit cards. 5 All major e-money trials in the United Kingdom finished by end-2000.
394
United Kingdom
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers2 paper-based non-paper-based Direct debits Card payments with cards issued in the country 3 payments by cards with a debit function payments by cards with a delayed debit function payments by cards with a credit function 3, 4 E-money payment transactions 5 Cheques Other payment instruments Total number of transactions with payment 2 instruments of which: cross-border transactions sent Memo: Cross-border transactions received 3,120.5 273.8 2,846.7 2,963.5 7,200.0 5,085.0 178.0 1,806.0 nav 1,600.0 nap 2008 3,185.1 250.7 2,934.4 3,076.9 7,595.0 5,446.0 179.0 1,791.0 nav 1,403.0 nap 2009 3,274.6 219.6 3,055.0 3,149.2 8,185.0 6,017.0 166.0 1,819.0 nav 1,282.0 nap 2010 3,396.3 421.3 2,975.0 3,229.3 8,807.0 6,604.0 170.0 1,857.0 nav 1,113.0 nap 2011 3,601.5 379.5 3,222.0 3,322.4 9,901.0 7,612.0 166.0 1,926.0 nav 970.0 nap
14,884.0 306.0
15,259.9 314.0
15,890.8 303.0
16,545.6 384.0
17,794.9 469.0
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions6 2,834.0 2,876.0 ATM cash withdrawals 2,834.0 2,876.0 ATM cash deposits nav nav POS payment transactions7 7,163.0 7,701.0 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions6 2,834.0 2,876.0 ATM cash withdrawals 2,834.0 2,876.0 ATM cash deposits nav nav POS payment transactions7 6,894.0 7,369.0 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions nav nav POS payment transactions7 269.0 332.0 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions6 3.0 3.0 ATM cash withdrawals 3.0 3.0 ATM cash deposits nav nav POS payment transactions7 306.0 314.0 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
2,916.0 2,916.0 nav 8,041.0 nav nav 2,916.0 2,916.0 nav 7,886.0 nav nav nav 155.0 nav nav 3.0 3.0 nav 303.0 nav nav
1 This table contains all customer transactions. It also, for a number of instruments, includes banks own account transactions where these cannot be identified separately (see further footnotes). Includes Northern Ireland (estimated) and Scotland; also includes some data and/or estimates of inter-branch and in-house processed items. 2 Includes interbank payments settled in CHAPS; also includes inter-branch paper credit transfers plus some in-house automated transactions (including some transactions on banks own accounts). 3 Customer transactions only. 4 Does not include data for cards with a credit and charge facility. These data are included in the cards with a delayed debit function category. 5 Includes inter-branch cheques and estimates of in-house processed cheques; also includes some own account items. 6 Includes all ATM transactions; a further breakdown is not available. 7 Data are for payment cards only.
395
United Kingdom
Table 8
Indicators of the use of payment instruments and terminals by non-banks: value of transactions1
(GBP billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers2 104,470.49 paper-based 164.07 104,306.42 non-paper-based 883.59 Direct debits 379.02 Card payments with cards issued in the country 3 payments by cards with a debit function 231.92 payments by cards with a delayed debit function 33.72 payments by cards with a credit function 3, 4 113.38 nav E-money payment transactions 5 1,648.73 Cheques Other payment instruments nap Total value of transactions with payment 2 instruments of which: cross-border transactions sent Memo: Cross-border transactions received 2008 81,876.00 150.49 81,725.51 935.36 407.69 253.54 39.99 114.16 nav 1,501.65 nap 2009 67,819.62 124.05 67,695.58 885.71 421.43 276.84 36.81 107.78 nav 1,278.63 nap 2010 65,034.07 220.77 64,813.31 948.14 455.19 305.44 37.88 111.87 nav 1,094.25 nap 2011 67,519.06 196.95 67,322.11 1,044.68 501.93 348.66 35.76 117.50 nav 962.84 nap
107,381.83 25.01
84,720.70 27.77
70,405.39 25.56
67,531.65 27.47
70,028.50 28.10
nav
nav
nav
nav
nav
Transactions per type of terminal Total transactions at terminals in the country Cash transactions6 186.16 192.19 ATM cash withdrawals 186.16 192.19 ATM cash deposits nav nav POS payment transactions7 369.91 396.77 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav a) Transactions at terminals in the country by cards issued in the country Cash transactions6 186.16 192.19 ATM cash withdrawals 186.16 192.19 ATM cash deposits nav nav POS payment transactions7 354.02 380.18 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav b) Transactions at terminals in the country by cards issued outside the country Cash transactions nav nav POS payment transactions7 15.90 16.59 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav c) Transactions at terminals outside the country by cards issued in the country Cash transactions6 0.21 0.26 ATM cash withdrawals 0.21 0.26 ATM cash deposits nav nav POS payment transactions7 25.01 27.77 E-money card loading/unloading transactions nav nav E-money card payment transactions nav nav
192.80 192.80 nav 403.30 nav nav 192.80 192.80 nav 396.12 nav nav nav 7.18 nav nav 0.25 0.25 nav 25.56 nav nav
1 This table contains all customer transactions. It also, for a number of instruments, includes banks own account transactions where these cannot be identified separately (see further footnotes). Includes Northern Ireland (estimated) and Scotland; also includes some data and/or estimates of inter-branch and in-house processed items. 2 Includes interbank payments settled in CHAPS; also includes inter-branch paper credit transfers plus some in-house automated transactions (including some transactions on banks own accounts). 3 Customer transactions only. 4 Does not include data for cards with a credit and charge facility. These data are included in the cards with a delayed debit function category. 5 Includes inter-branch cheques and estimates of in-house processed cheques; this will also include some own account items. 6 Includes all ATM transactions; a further breakdown is not available. 7 Data are for payment cards only.
396
United Kingdom
Table 9

(end of year) 2007 Large-value payment systems CHAPS Euro (TARGET component) Number of participants Direct participants Banks Central bank Other direct participants Indirect participants CHAPS Sterling Number of participants Direct participants Banks Central bank Other direct participants Clearing and settlement organisations Indirect participants Retail payment systems Cheque and Credit Clearing Number of participants Direct participants Banks Central bank Other direct participants Indirect participants BACS Number of participants1 Direct participants Banks Central bank Other direct participants Indirect participants1
1
2008
2009
2010
2011
nav 13 12 1 0 nav
nav 0 0 0 0 nav
nav 15 13 1 1 1 nav
nav 15 13 1 1 1 nav
nav 15 13 1 1 1 nav
nav 18 16 1 1 1 nav
nav 18 16 1 1 1 nav
nav 12 11 1 0 nav
nav 12 11 1 0 nav
nav 12 11 1 0 nav
nav 10 9 1 0 nav
nav 11 10 1 0 nav
62,000 15 14 1 0 65,000
62,000 15 14 1 0 63,500
62,000 15 14 1 0 60,600
65,000 16 15 1 0 62,600
65,000 15 14 1 0 63,400
Approximation; precise data for the number of indirect participants are not available.
397
United Kingdom
Table 10

(millions, total for the year) 2007 Large-value payment systems CHAPS Euro (TARGET component) Credit transfers sent credit transfers sent within CHAPS Euro credit transfers sent to another TARGET component Memo: Credit transfers received from another TARGET component Concentration ratio in terms of volume (%) CHAPS Sterling Credit transfers Concentration ratio in terms of volume (%) Retail payment systems Cheque and Credit Clearing4 Total national transactions sent credit transfers cheques Concentration ratio in terms of volume (%)3 BACS Total national transactions sent credit transfers direct debits Concentration ratio in terms of volume (%)
1
2008
2009
2010
2011
5.71 1.43 4.28
0.59 0.22 0.38
nav nav nav
nav nav nav
nav nav nav
2.23 74.0
0.59 70.0
nav nav
nav nav
nav nav
35.58
3
34.59 79.0
31.91 79.0
32.15 76.0
34.02 73.0
79.0
1,253.92 98.42 1,155.50 75.0
1,128.93 96.58 1,032.36 75.0
980.04 82.15 897.88 75.0
865.72 70.00 795.72 75.0
762.64 62.40 700.24 77.0
5,543.93 2,580.45 2,963.47

3
5,655.58 2,578.72 3,076.86 76.0
5,638.73 2,489.57 3,149.15 78.0
5,672.59 2,443.25 3,229.34 80.0
5,717.00 2,394.64 3,322.36 80.0
79.0
The table contains both customer and banks own account transactions. Includes both domestic and cross-border (TARGET) payments; excludes inter-branch items and inward cross-border payments. 2 In May 2008, the Bank of England ceased to participate in TARGET2 and so values/volumes shown are only for the first four months of the year. 3 Market share of the five largest participants in each payment system, based on the total volume of transactions. 4 Includes Northern Ireland (estimated) and Scotland.
398
United Kingdom
Table 11

(GBP billions except as noted, total for the year) 2007 Large-value payment systems CHAPS Euro (TARGET component; EUR billions) Credit transfers sent 46,899.5 credit transfers sent within CHAPS Euro 9,909.8 credit transfers sent to another TARGET component 36,989.7 Memo: Credit transfers received from another TARGET component Concentration ratio in terms of value (%) CHAPS Sterling Credit transfers Concentration ratio in terms of value (%) Retail payment systems Cheque and Credit Clearing4 Total national transactions sent credit transfers cheques Concentration ratio in terms of value (%)3 BACS Total national transactions sent credit transfers direct debits Concentration ratio in terms of value
1
2008
2009
2010
2011
6,553.5 752.6 5,800.9
nav nav nav
nav nav nav
nav nav nav
36,962.0 80.0
5,787.0 77.0
nav nav
nav nav
nav nav
67,872.9
3
72,071.3 75.0
59,510.1 74.0
56,720.8 70.0
63,876.8 67.0
77.0
1,249.7 59.0 1,190.7 77.0
1,162.9 58.0 1,104.9 77.0
941.9 46.4 895.5 77.0
819.0 36.7 782.3 79.0
727.5 32.4 695.1 86.0
3,691.9 2,808.3 883.6 nav
3,941.5 3,006.2 935.4 nav
3,855.4 2,969.7 885.7 nav
4,059.4 3,111.2 948.1 nav
4,363.2 3,318.5 1,044.7 nav
The table contains both customer and banks own account transactions. Includes both domestic and cross-border (TARGET) payments; excludes inter-branch items and inward cross-border payments. 2 In May 2008, the Bank of England ceased to participate in TARGET2 and so values/volumes shown are only for the first four months of the year. 3 Market share of the five largest participants in each payment system, based on the total value of transactions. 4 Includes Northern Ireland (estimated) and Scotland.
399
United Kingdom
Table 12

(end of year) 2007 85 83 258 254 148 98 491 435 2008 87 85 256 253 174 144 517 482 2009 94 93 253 250 212 181 559 524 2010 94 93 250 247 264 205 608 545 2011 88 87 244 240 296 235 628 562
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
400
United Kingdom
Table 14

(end of year) 2007 London Stock Exchange Total number of participants Virt-x Total number of participants nav 2008 nav 2009 nav 2010 nav 2011 nav
nav
nav
nav
nav
nav
Table 15

Table 16

401
United Kingdom
Table 17

(thousands, total for the year) 2007 London Stock Exchange Total number of executed securities trades Total number of executed derivatives trades Virt-x Total number of executed securities trades Total number of executed derivatives trades nav nav 2008 nav nav 2009 nav nav 2010 nav nav 2011 nav nav
nav nav
nav nav
nav nav
nav nav
nav nav
Table 18

(GBP billions, total for the year) 2007 London Stock Exchange Total value of executed securities trades Total value of executed derivatives trades Virt-x Total value of executed securities trades Total value of executed derivatives trades nav nav 2008 nav nav 2009 nav nav 2010 nav nav 2011 nav nav
nav nav
nav nav
nav nav
nav nav
nav nav
402
United Kingdom
Table 19

(end of year) 2007 LCH.Clearnet Ltd Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other
1
2008 111 0 1 51 59 60 0 0 17 43 38 0 1 28 9
2009 118 0 0 55 63 59 0 0 15 44 44 0 0 33 11
2010 148 0 0 83 65 80 0 0 34 46 52 0 0 41 11
2011 159 0 4 82 73 63 0 0 20 43 59 0 4 46 9
117 0 1 50 66 63 0 0 17 46 37 0 1 27 9
Formerly the London Clearing House.
403
United Kingdom
Table 20

(millions, total for the year) 2007 LCH.Clearnet Ltd Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds equity of which: number of repurchase transactions cleared debt securities short-term paper bonds Number of exchange-traded derivatives contracts cleared financial futures financial options commodity futures commodity options other commodity derivatives Number of OTC derivatives contracts cleared financial futures financial options other financial derivatives 1 commodity futures commodity options LCH.Clearnet SA Total number of contracts and transactions cleared Number of securities transactions cleared debt securities short-term paper bonds equity other of which: number of repurchase transactions cleared debt securities short-term paper bonds equity other Number of exchange-traded derivatives contracts cleared Number of OTC derivatives contracts cleared
1
2008 2,701.878 430.266 1.904 nav nav 428.362
2009 1,258.222 338.567 1.834 nav nav 336.733
2010 279.265 195.522 2.314 nav nav 193.208
2011 322.063 188.684 2.968 nav nav 185.716
2,861.368 307.727 1.952 nav nav 305.775
1.952 1.952 nav nav
1.858 1.858 nav nav
1.780 1.780 nav nav
2.314 2.314 nav nav
2.968 2.968 nav nav
2,309.488 868.003 340.731 776.995 18.995 304.764 244.120 153.974 89.863 0.283 0 0
2,270.851 865.989 468.743 512.143 29.029 394.947 0.761 0.059 0.091 0.456 0.147 0.008
918.737 416.229 285.875 205.427 11.206 0 0.918 0.041 0.045 0.613 0.210 0.009
82.151 74.449 7.267 0.435 0 0 1.592 0 0 0.383 1.102 0.107
131.975 131.351 0 0.624 0 0 1.404 0 0 0.402 0.881 0.121
0.627 0.627 0.627 nav nav 0 nav
0.563 0.563 0.563 0.015 0.548 0 nav
0.538 0.538 0.527 0.028 0.499 0.011 nav
0.733 0.733 0.733 0.068 0.665 nap 0
0.976 0.976 0.976 0.112 0.864 nap 0
0.549 0.549 0.014 0.535 nav nav
0.511 0.511 0.026 0.485 nav nav
0.680 0.680 0.064 0.617 0 0
0.841 0.841 0.101 0.739 0 0
nap nap
nap nap
nap nap
nap nap
nap nap
These data relate to SwapClear.
404
United Kingdom
Table 21

(billions, total for the year) 2007 LCH.Clearnet Ltd (GBP) Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds equity of which: value of repurchase transactions cleared debt securities short-term paper bonds Value of exchange-traded derivatives contracts cleared financial futures financial options commodity futures commodity options other commodity derivatives Value of OTC derivatives contracts cleared financial futures financial options other financial derivatives commodity futures commodity options LCH.Clearnet SA (EUR) Total value of contracts and transactions cleared Value of securities transactions cleared debt securities short-term paper bonds equity other of which: value of repurchase transactions cleared debt securities short-term paper bonds Value of exchange-traded derivatives contracts cleared Value of OTC derivatives contracts cleared 733,313.7 49,849.4 45,225.7 nav nav 4,623.7 2008 862,624.5 63,209.5 58,319.4 nav nav 4,890.2 2009 588,812.9 66,222.6 63,128.3 nav nav 3,094.2 2010 nav nav nav nav nav nav 2011 nav nav nav nav nav nav
45,225.7 45,225.7 nav nav
57,881.5 57,881.5 nav nav
62,639.1 62,639.1 nav nav
nav nav nav nav
nav nav nav nav
630,496.8 442,979.3 166,155.8 18,567.1 nav 2,794.7 52,967.4 1,047.2 2,458.7 49,435.7 25.9 0
745,448.1 488,551.3 256,695.5 201.3 nav nav 53,966.8 1,205.4 3,085.1 49,599.5 75.7 1.2
450,255.4 258,592.1 183,267.3 8,395.2 0.8 nav 72,334.9 831.3 1,502.6 69,968.3 32.2 0.6
18,342.3 18,342.3 18,342.3 nav nav 0.002 nav
15,659.7 15,659.7 15,659.7 nav nav 0 nav
12,566.7 12,566.7 12,566.6 nav nav 0.141 nav
19,496.1 19,496.1 19,496.1 nav nav nap nav
23,457.1 23,457.1 23,457.1 nav nav nap nav
18,273.7 18,273.7 nav nav
15,557.4 15,557.4 383.4 15,174.0
12,480.8 12,480.8 647.8 11,833.1
19,283.5 19,283.5 1,476.5 17,807.0
23,065.4 23,065.4 2,143.1 20,922.3
nap nap
nap nap
nap nap
nap nap
nap nap
405
United Kingdom
Table 22

(end of year) 2007 CREST Total number of participants Number of domestic participants Number of foreign participants
1
2008 37,153 nav nav
2009 36,503 nav nav
2010 35,307 nav nav
2011 33,743 nav nav
45,271 nav nav
Owned and operated by Euroclear UK and Ireland.
Table 23

(end of year) 2007 CREST1 Total number of securities held debt securities equity other
1
2008 10,074 nav nav nav
2009 10,548 nav nav nav
2010 10,867 nav nav nav
2011 11,014 nav nav nav
9,282 nav nav nav
Table 24

(GBP billions, end of year) 2007 CREST Total value of securities held debt securities short-term paper bonds equity
1
2008 2,035.6 1,053.3 462.9 590.4 982.3
2009 2,908.2 1,283.5 338.6 945.0 1,624.7
2010 3,320.4 1,448.6 312.4 1,136.2 1,871.7
2011 3,364.3 1,591.8 172.7 1,419.1 1,772.5
2,405.0 668.3 184.0 484.2 1,736.7
406
United Kingdom
Table 25

(thousands, total for the year) 2007 CREST Total number of delivery instructions DVP debt securities short-term paper bonds equity free of payment debt securities short-term paper bonds equity
1
2008 59,045.3 52,193.7 2,588.1 185.6 2,402.5 49,605.6 6,851.6 347.4 24.1 323.3 6,504.2
2009 56,359.2 49,820.7 2,907.8 302.8 2,605.0 46,912.9 6,538.5 390.6 39.3 351.3 6,147.9
2010 52,083.0 46,018.3 2,970.7 244.7 2,726.0 43,047.6 6,064.7 401.1 31.8 369.3 5,663.6
2011 51,782.8 45,739.3 3,261.8 129.5 3,132.4 42,477.4 6,043.5 435.2 16.8 418.4 5,608.3
66,341.8 58,661.2 2,182.6 125.8 2,056.8 56,478.6 7,680.6 292.7 16.3 276.4 7,387.9
Table 26

(GBP billions, total for the year) 2007 CREST Total value of delivery instructions DVP debt securities short-term paper bonds equity free of payment debt securities short-term paper bonds equity
1
2008 114,574.0 101,372.2 81,792.4 20,069.8 61,722.6 19,579.8 13,201.8 10,629.4 2,607.9 8,021.5 2,572.4
2009 178,255.9 157,707.8 146,465.0 77,645.5 68,819.5 11,242.8 20,548.1 19,033.6 10,089.5 8,944.0 1,514.5
2010 143,476.5 126,949.0 115,475.5 44,167.8 71,307.6 11,473.5 16,527.5 15,006.8 5,739.3 9,267.5 1,520.7
2011 129,219.6 114,322.9 104,170.6 10,605.6 93,565.0 10,152.3 14,896.7 13,537.5 1,378.1 12,159.4 1,359.2
111,709.1 98,822.7 70,028.0 5,536.8 64,491.2 28,794.7 12,886.4 9,100.4 719.5 8,380.9 3,786.0
407
United Kingdom
408
United States
Table 1

2007 301,231 14,028.7 46,571 2.5 2008 304,094 14,291.5 46,997 3.7 2009 306,772 13,973.7 45,551 -0.5 2010 309,350 14,498.9 46,869 1.4 2011 311,592 15,075.7 48,383 2.8
Population (thousands) 2 GDP (USD billions) GDP per capita (USD) 3 Consumer price inflation (%)
1
Data estimated as of 1 July each year. Does not include armed forces overseas. 2 Annual data reflecting National Income and Product Account revisions as of 27 July 2012. 3 Average annual inflation rate. Data stated for all urban consumers (C-CPI-U). Sources: US Department of Commerce (Bureau of the Census and Bureau of Economic Analysis); US Department of Labor (Bureau of Labor Statistics).
Table 2

(USD billions, average for December) 2007 763.80 624.40 6.30 1,394.50 4.23 nav 2008 818.70 807.80 5.50 1,632.00 4.11 nav 2009 865.40 853.30 5.00 1,723.70 3.42 nav 2010 920.30 945.70 4.50 1,870.50 7.18 nav 2011 1,002.80 1,200.70 4.30 2,207.80 9.01 nav
Notes and coin in circulation outside banks1 Value of transferable deposits2 Other3 Narrow money supply (M1)4 Memo: Transferable deposits in foreign currencies 5 Outstanding value on e-money storages6
1
Currency in circulation less amount held by the US Treasury, Federal Reserve Banks and depository institutions. 2 Transferable deposits consist of demand deposits and other chequable deposits. 3 Non-bank travellers cheques. 4 Composition of M1 = currency and coin + travellers cheques + demand deposits + other chequable deposits. 5 Average for the week beginning on the third Tuesday in December and ending the following Monday. 6 E-money products have not been widely adopted in the United States. In this reporting period, values of e-money outstanding are negligible relative to other forms of settlement media. Source: Federal Reserve.
409
United States
Table 3

(USD billions, average of last reserve maintenance period) 2007 13.108 11.827 1.281 30.402 2008 820.611 22.277 798.334 33.902 2009 1,089.467 29.784 1,059.683 29.430 2010 1,022.423 31.768 990.655 32.345 2011 1,524.674 53.217 1,471.457 40.830
Transferable balances held at the central bank 1 required reserves free reserves 2 Transferable balances held at other banks Memo: 3 Credit extended by the central bank: intraday 4 peak 5 average 6 overnight 7 longer refinancing operations
146.040 51.886 3.833 nav
46.009 7.387 86.444 541.388
13.226 2.984 19.742 143.783
12.136 1.983 0.074 45.268
7.358 0.930 0.040 9.288
1 Required reserves less applied vault cash plus weekly average required clearing balances. 2 Transaction account deposits of commercial banks and other depository institutions in the United States as of 31 December. These transferable balances do not include other immediately available funds, such as federal funds sold and securities purchased under agreements to resell (RPs), which together at year-end 2007 through 2011 amounted to USD 369.5, 183.2, 180.0, 212.4 and 255.5 billion. 3 The Federal Reserve also enters into repurchase agreements (not shown), but these are not for the purpose of providing funds to banks for settlement. 4 Average of peak daylight overdrafts during the reporting period. The peak daylight overdraft for a given day is the greatest value reached by the concurrent sum of daylight overdrafts for all institutions. 5 Average of average daylight overdrafts during the reporting period. The average per-minute daylight overdraft for a given day is the sum of the average per-minute daylight overdrafts for all institutions on that day. 6 Discount window borrowing from the Federal Reserve as indicated in statistical release H.3 Aggregate Reserves of Depository Institutions and the Monetary Base. 7 Term auction credit plus other borrowings from the Federal Reserve less discount window borrowing from the Federal Reserve as indicated in statistical release H.3 "Aggregate Reserves of Depository Institutions and the Monetary Base". Source: Federal Reserve.
Table 4
Banknotes and coin

(USD billions, end of year) 2007 828.91 792.16 569.25 62.98 121.78 16.16 10.77 9.30 1.92 36.75 2.95 33.80 65.11 763.80 2008 889.89 853.65 625.03 64.73 125.12 16.29 11.03 9.48 1.98 36.24 2.73 33.51 71.19 818.70 2009 928.23 888.32 656.39 65.35 127.55 16.23 11.20 9.57 2.04 39.90 4.37 35.54 62.83 865.40 2010 982.72 942.02 704.60 66.90 130.63 16.59 11.46 9.73 2.12 40.70 4.87 35.83 62.42 920.30 2011 1,075.79 1,034.50 782.62 69.61 141.08 17.19 11.80 10.00 2.21 41.29 4.81 36.48 72.99 1,002.80
Total banknotes and coin issued Total banknotes issued USD 100 USD 50 USD 20 USD 10 USD 5 USD 1 other Total coin issued USD 1 fractional coins Banknotes and coin held by banks Banknotes and coin in circulation outside banks
Sources: Federal Reserve; US Treasury.
410
United States
Table 5

(end of year) 2007 Central bank Number of branches or offices2 Number of accounts Value of accounts Banks Number of institutions 4 Number of branches or offices Number of accounts Value of transaction accounts (USD billions)5 Commercial banks Number of institutions 4 Number of branches or offices Value of transaction accounts (USD billions) 6 Savings institutions Number of institutions 4 Number of branches or offices Value of transaction accounts (USD billions) Credit unions Number of institutions Number of branches or offices4 Value of transaction accounts (USD billions) 7 Branches of foreign banks Number of institutions Number of branches or offices 8 Value of transaction accounts (USD billions)
1
2008 36 nav nav
2009 36 nav nav
2010 36 nav nav
2011 36 nav nav
37 nav nav
17,043 115,105 nav 855.37 7,219 80,506 701.78 1,312 13,751 67.72 8,265 20,848 72.57 247 nav 13.30
16,512 116,570 nav 993.95 7,021 83,767 845.83 1,281 11,405 59.17 7,964 21,398 74.90 246 nav 14.06
15,954 110,906 nav 1,059.59 6,785 79,287 903.96 1,224 10,276 54.47 7,705 21,343 86.56 240 nav 14.60
15,379 110,465 nav 1,123.78 6,478 78,568 956.75 1,177 10,463 55.66 7,488 21,434 91.35 236 nav 20.01
14,867 118,190 nav 1,509.98 6,236 86,526 1,301.29 1,159 10,237 62.61 7,236 21,427 102.17 236 nav 43.91
The Federal Reserve System is the central bank of the United States. It is composed of a central, governmental agency - the Board of Governors - in Washington DC and 12 regional Federal Reserve Banks located in Atlanta, Boston, Chicago, Cleveland, Dallas, Kansas City, Minneapolis, New York, Philadelphia, Richmond, St Louis and San Francisco. 2 Includes 12 Reserve Bank head offices. Some branches no longer provide payment services. A small number of additional regional offices provide cheque or cash services to depository institutions. 3 Banks in this table include depository institutions which are similar in meaning to deposit-taking institutions. 4 Does not include head offices. 5 Includes the sum of deposits of individuals, partnerships and corporations; deposits of the US government, deposits of states and political subdivisions in the US; deposits of commercial banks in the US; deposits of other depository institutions in the US; deposits of banks in foreign countries; deposits of foreign governments and official institutions (including foreign central banks) and certified and official cheques. Note that this definition differs from the definition of transferable deposits reported in Table 2. 6 Includes state and federal savings banks, savings and loan associations and cooperative and industrial banks. 7 US branches and agencies of foreign banks. 8 Includes credit balances as well as total transaction accounts. Sources: Federal Reserve; US Treasury.
411
United States
Table 6

(end of year) 2007 Cards issued in the country (millions) Cards with a cash function2 Cards with a debit function Cards with a credit function 3 of which: retailer cards 5 Cards with an e-money function
1
2008 952.4 276.3 1,280.5 604.4 nav
2009 855.2 278.8 1,107.6 531.2 nav
2010 795.1 281.3 857.3 343.5 nav
2011 nav nav nav nav nav
982.5 273.9 1,326.8 618.2 nav
Total number of cards (irrespective of the number of functions on the card) Terminals located in the country (thousands) ATMs ATMs with a cash withdrawal function ATMs with a credit transfer function POS terminals 4 of which: EFTPOS terminals 5 E-money card terminals
1
nav
nav
nav
nav
nav
415.3 415.3 nav nav 5,146.5 nav
406.1 406.1 nav nav 5,175.5 nav
A card with multiple functions may appear in several categories; therefore, it is not meaningful to add the figures. 2 Includes credit and debit cards with a cash function. 3 These cards generally can only be used with the retailers own proprietary networks. 4 PIN-based debit terminals. 5 E-money products have not been widely adopted in the United States. In this reporting period, emoney transaction terminals, volume and value are negligible relative to other card instruments. Sources: EFT Data Book (Thomson Media, pre-2010); The Nilson Report (HSN Consultants Inc, Oxnard, CA).
412
United States
Table 7
(millions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based 2 non-paper-based (ACH) 3 Direct debits (ACH) 4 Card payments 5 payments by cards with a debit function 6 payments by cards with a credit function of which: payments by retailer cards with a credit function 7 E-money payment transactions 8 Cheques Memo: 9 ATM transactions 10 of which: ATM cash withdrawals
1
2008 6,959.6 nap 6,959.6 11,215.2 58,116.3 34,215.7 23,900.6 2,861.0 nav 26,054.2
2009 7,323.5 nap 7,323.5 11,389.8 60,871.5 38,518.9 22,352.6 2,655.4 nav 24,464.9
2010 7,622.0 nap 7,622.0 11,533.6 65,228.0 43,780.4 21,447.6 2,591.7 nav 22,838.6
2011 7,914.5 nap 7,914.5 11,795.9 nav nav nav nav nav 21,276.9
6,454.6 nap 6,454.6 10,351.7 53,859.4 30,247.8 23,611.6 2,988.7 nav 27,955.4
11,327.0 nav
11,748.0 nav
nav 5,966.7
nav nav
nav nav
Includes payments by banks for their own account. 2 Includes an estimate of the number of on-us payments. A study conducted by the Federal Reserve estimated that the number of on-us ACH credit payments was 493 million in 2003, 824 million in 2006 and 1,462 million in 2009. Other figures are derived from these estimates. 3 Includes an estimate of the number of on-us payments. A study conducted by the Federal Reserve estimated that the number of on-us ACH debit payments was 768 million in 2003, 1,490 million in 2006 and 2,276 million in 2009. Other figures are derived from these estimates. 4 Payments made in the United States using cards issued inside and outside the United States. 5 Excludes cash back. Studies conducted by the Federal Reserve estimated that the number of debit card payments amounted to 15,600 million in 2003, 25,000 million in 2006 and 37,900 million in 2009. The figures in the table differ from the Federal Reserve estimates, but are provided to allow a consistent time series. Excludes cash advances. Total of Visa, MasterCard, Discover, American Express, Diners Club and retailer cards. Studies conducted by the Federal Reserve estimated that the number of credit card payments amounted to 19,000 million in 2003, 21,700 million in 2006 and 21,600 million in 2009. The figures in the table differ from the Federal Reserve estimates, but are provided to allow a consistent time series. The 2010 figure is based on revised data and is not comparable to previous years. 7 E-money products have not been widely adopted in the United States. In this reporting period, e-money transaction terminals, volume and value are negligible relative to other card instruments. 8 Annualised number of paid cheques including commercial cheques, US Treasury cheques and postal money orders. Studies conducted by the Federal Reserve estimated the number of paid cheques in 1995, 2000, 2003, 2006 and 2009. Other figures are derived from those estimates. 9 Annualised projection based on March data for each year. Includes cash withdrawals, deposits, transfers between individuals own accounts and other types of transactions.
10 6
A study conducted by the Federal Reserve estimated that the number of on-us ATM withdrawals, meaning they involved only one depository institution, amounted to approximately 59%, 61% and 64% of the number of ATM cash withdrawals in 2003, 2006 and 2009, respectively. Sources: Federal Reserve; EFT Data Book (Thomson Media, pre-2009); The Nilson Report (HSN Consultants Inc, Oxnard, CA); NACHA.
413
United States
Table 8
(USD billions, total for the year) 2007 Transactions per type of payment instrument Credit transfers paper-based 2 non-paper-based (ACH) 3 Direct debits (ACH) 4 Card payments 5 payments by cards with a debit function 6 payments by cards with a credit function of which: payments by retailer cards with a credit function 7 E-money payment transactions 8 Cheques Memo: ATM transactions 9 of which: ATM cash withdrawals
1
2008 21,169.6 nap 21,169.6 14,768.7 3,490.6 1,342.2 2,148.5 206.1 nav 34,272.0
2009 21,169.6 nap 21,169.6 14,641.3 3,385.9 1,447.3 1,938.6 177.2 nav 31,599.4
2010 23,065.4 nap 23,065.4 15,336.4 3,695.8 1,648.8 2,047.0 174.9 nav 28,955.4
2011 25,033.2 nap 25,033.2 16,034.1 nav nav nav nav nav 26,469.1
19,808.9 nap 19,808.9 14,440.0 3,287.8 1,182.9 2,104.9 194.8 nav 37,438.0
nav nav
nav nav
nav 646.7
nav nav
nav nav
Includes payments by banks for their own account. 2 Includes an estimate of the value of on-us payments. A study conducted by the Federal Reserve estimated that the value of on-us ACH credit payments was USD 1,385 billion in 2003, USD 2,543 billion in 2006 and USD 4,231 billion in 2009. Other figures are derived from these estimates. 3 Includes an estimate of the value of on-us payments. A study conducted by the Federal Reserve estimated that the value of on-us ACH debit payments was USD 2,027 billion in 2003, USD 2,046 billion in 2006 and USD 2,990 in 2009. Other figures are derived from these estimates. 4 Payments made in the United States using cards issued inside and outside the United States. 5 Excludes cash back. Studies conducted by the Federal Reserve estimated that the value of debit card payments was USD 600 billion in 2003, USD 1,000 billion in 2006 and USD 1,400 billion in 2009. The figures in the table differ from the Federal Reserve estimates, but are provided to allow a 6 consistent time series. Excludes cash advances. Total of Visa, MasterCard, Discover, American Express, Diners Club and retailer cards. Studies conducted by the Federal Reserve estimated that the value of credit card payments was USD 1,700 billion in 2003, USD 2,100 billion in 2006 and USD 1,900 billion in 2009. The figures in the table differ from the Federal Reserve estimates, but are provided to allow a consistent time series. 7 E-money products have not been widely adopted in the United States. In this reporting period, e-money transaction terminals, volume and value are negligible relative to other card instruments. 8 Annualised value of paid cheques including commercial cheques, US Treasury cheques and postal money orders. Studies conducted by the Federal Reserve estimated the value of paid cheques in 1995, 2000, 2003, 2006 and 2009. Other figures are derived from those estimates. 9 A study conducted by the Federal Reserve estimated the value of on-us ATM withdrawals, meaning they involved only one depository institution, amounted to approximately 62%, 65% and 68% of the value of ATM cash withdrawals in 2003, 2006 and 2009, respectively. Sources: Federal Reserve; The Nilson Report (HSN Consultants Inc, Oxnard, CA); NACHA.
414
United States
Table 9

(end of year) 2007 Large-value payment systems CHIPS Number of participants Fedwire 1 Number of participants
1
2008
2009
2010
2011
45
47
48
50
52
7,409
7,292
7,329
8,323
8,357
The total number of institutions with access to the Federal Reserves Fedwire Funds Service. Previously, only the number of active participants were reported. Values for previous years reflect this revision. Sources: Clearing House Interbank Payments System; Federal Reserve.
Table 10

(millions, total for the year) 2007 Large-value payment systems1 CHIPS2 Fedwire3 Cheque clearings
4
2008
2009
2010
2011
87.3 134.7
92.0 131.4
84.8 124.7
90.9 125.1
95.1 127.0
Private clearing houses and direct exchanges5 Federal Reserve Automated clearing houses (ACH) Private6 Debit transfers Credit transfers Federal Reserve Debit transfers Credit transfers Memo: 4 On-us cheques 6, 8 On-us ACH Debit transfers Credit transfers
1
11,393.7 10,379.0
9,736.8 9,960.0
9,018.5 8,918.0
8,204.5 8,018.0
7,575.2 7,052.0
5,910.3 3,634.5 2,275.8 8,063.0 4,842.6 3,220.4
6,322.5 4,008.6 2,313.9 8,638.1 5,083.1 3,555.1
6,964.9 4,408.1 2,556.9 8,290.4 4,731.2 3,559.2
7,276.5 4,625.5 2,651.0 8,340.2 4,634.2 3,706.0
7,598.0 4,810.7 2,787.3 8,481.4 4,666.1 3,815.3
6,182.7 2,833.1 1,874.6 958.4
6,357.3 3,214.2 2,123.5 1,090.7
6,528.4 3,458.0 2,250.6 1,207.4
6,616.1 3,538.9 2,273.9 1,265.1
6,649.7 3,631.0 2,319.1 1,311.9
Number of originations; data do not include non-value messages. 2 CHIPS, the Clearing House Interbank Payments System, is owned by The Clearing House. 3 Fedwire is operated by the Federal Reserve. 4 Studies conducted by the Federal Reserve estimated the number of cheques paid in 1995, 2000, 2003, 2006 and 2009. The number of on-us cheques for those years was also estimated. Total paid cheques = Federal Reserve + private clearing houses and direct exchanges + on-us. Figures for other years are derived from those estimates. 5 Calculated as total cheque volume less Federal Reserve cheque clearings and 6 estimated on-us cheques. Number originated using private automated clearing house (ACH) operators. Includes transfers sent by private ACH operators to the Federal Reserve for transmission to the receiving depository institution. In 2007 through 7 Number originated on FedACH. 2011, these transfers amounted to 2,493.3, 2,647.2, 2,956.6, 3222.9 and 3,277.8 million. Includes transfers sent by the Federal Reserve to private ACH for transmission to the receiving depository institution. In 2007 through 2011, these transfers amounted to 1,051.6, 1,137.4, 977.4, 965.0 and 1,205.6 million. 8 A study conducted by the Federal Reserve estimated that the number of on-us ACH payments (processed by only one depository institution) was 1,261 million in 2003, 2,314 million in 2006 and 3,740 million in 2009. Figures for other years are derived from these estimates. Sources: Clearing House Interbank Payments System; Federal Reserve; NACHA.
415
United States
Table 11

(USD billions, total for the year) 2007 Large-value payment systems CHIPS2 3 Fedwire Cheque clearings
4 1
2008
2009
2010
2011
485,624.1 670,665.6
508,758.7 754,974.6
364,355.1 631,127.1
365,096.3 608,325.9
403,349.0 663,837.6
Private clearing houses and direct exchanges5 Federal Reserve Automated clearing houses (ACH) Private Debit transfers Credit transfers Federal Reserve7 Debit transfers Credit transfers Memo: 4 On-us cheques 6, 8 On-us ACH Debit transfers Credit transfers
1
10,741.1 15,129.9
7,431.7 15,558.4
6,548.1 14,094.3
7,106.2 11,381.9
6,425.0 10,163.8
13,753.9 5,363.9 8,390.1 15,064.5 6,686.6 8,377.9
13,541.3 5,078.9 8,462.4 16,424.4 7,125.4 9,298.9
13,197.1 4,696.9 8,500.2 16,432.8 7,277.7 9,155.1
14,051.6 4,895.6 9,156.0 17,688.8 7,632.1 10,056.7
15,664.5 5,328.6 10,335.9 18,242.7 7,769.6 10,473.1
11,567.1 5,430.5 2,389.5 3,041.0
11,281.9 5,972.6 2,564.4 3,408.3
10,957.0 6,180.9 2,666.6 3,514.3
10,467.3 6,661.5 2,808.7 3,852.8
9,880.3 7,160.1 2,936.0 4,224.2
Number of originations. 2 CHIPS, the Clearing House Interbank Payments System, is owned by The Clearing House. 3 Fedwire is operated by the Federal Reserve. 4 Studies conducted by the Federal Reserve estimated the value of cheques paid in 2000, 2003, 2006 and 2009. The value of on-us cheques for those years was also estimated. Total paid cheques = Federal Reserve + private clearing houses and direct exchanges + on-us. Figures for other years are derived from those estimates. 5 Calculated as total cheque value less value of Federal Reserve cheque clearing and value of on-us cheques. 6 Value originated using private ACH operators. Includes transfers sent by private ACH to the Federal Reserve for transmission to the receiving depository institution. In 2007 through 2011, these transfers amounted to USD 3,278.6, 3,327.5, 3,354.3, 3,751.8 and 4,200.1 billion. 7 Value originated on FedACH. Includes transfers sent by the Federal Reserve to private ACH for transmission to the receiving depository institution. In 2007 through 2011, these transfers amounted to USD 1,785.0, 2,151.9, 2,179.5, 2,430.3 and 3,205.1 billion. 8 A study conducted by the Federal Reserve estimated that the value of on-us ACH payments (processed by only one depository institution) was USD 3,413 billion in 2003, USD 4,632 billion in 2006 and USD 7,222 billion in 2009. Figures for other years are derived from those estimates. Sources: Clearing House Interbank Payments System; Federal Reserve; NACHA.
416
United States
Table 12

(end of year) 2007 112 112 285 281 239 220 636 613 2008 109 109 288 286 255 236 652 631 2009 117 116 286 282 301 279 704 677 2010 113 114 280 273 367 341 760 728 2011 111 111 277 272 427 401 815 784
Source: SWIFT.
8,332 2,276 3,212 2,844
8,830 2,276 3,305 3,249
9,281 2,356 3,306 3,619
9,705 2,344 3,331 4,030
10,118 2,334 3,355 4,429
Table 13

Source: SWIFT.
3,501,163
3,854,576
3,760,314
4,031,935
4,431,100
417
United States
Table 14

(end of year) 2007 New York Stock Exchange Total number of participants3 Nasdaq Total number of participants American Stock Exchange Total number of participants
1
2008 nav
2009 nav
2010 nav
2011 nav
1, 2
685
nav
2
nav
nav
nav
nav
nav
nav
nav
nav
nav
In March 2006, the privately held NYSE merged with Archipelago Holdings, Inc. to form the publicly traded NYSE Group, Inc. (consisting of NYSE and NYSE Arca). In April 2007, NYSE Group, Inc. merged with Euronext to become NYSE Euronext, Inc. 2 In October 2008, NYSE Euronext acquired the American Stock Exchange. 3 In preparation for the formation of NYSE Group, Inc. in 2006, member seat sales ended in 2005 and were replaced by the sale of annual trading licences. The 2006 figure is equal to the number of initial licences in place at the formation of NYSE Group, Inc. The number of active licences has declined since that time. Source: NYSE Euronext.
Table 15
Number of listed securities1

(end of year) 2007 New York Stock Exchange Total number of listed securities debt securities short-term paper bonds 2 equity Nasdaq Total number of listed securities debt securities equity other American Stock Exchange Total number of listed securities debt securities equity other
1
2, 3
nav nav nav nav nav
3,310 nap nav nav
3,188 nap nav nav
3,012 nap nav nav
2,943 nap nav nav
2,828 nap nav nav
1,697 nap nav nav
nav nap nav nav
nav nap nav nav
nav nap nav nav
nav nap nav nav
The primary securities exchanges in the United States are the New York Stock Exchange, the Nasdaq Stock Market (Nasdaq), the American Stock Exchange, the Boston Stock Exchange, the Chicago Stock Exchange, the Pacific Stock Exchange and the Philadelphia Stock Exchange. 2 The New York Stock Exchange is part of a public company that does not report the total number of stocks issued. In 2007 through 2011, the number of issuers amounted to 2,805, 3,507, 4,014, 4,554 and 4,532. 3 In October 2008, NYSE Euronext acquired the American Stock Exchange. Since the merger, the number of listed securities has not been separately reported for the American Stock Exchange. 4 Over-the-counter market. Sources: NYSE Euronext; The Nasdaq Stock Market, Inc; American Stock Exchange, Inc. (pre-2008).
418
United States
Table 16

(USD billions, end of year) 2007 New York Stock Exchange Total market capitalisation/equity Nasdaq Total market capitalisation/equity American Stock Exchange Total market capitalisation/equity
1
2008 9,208.9
2009 11,837.8
2010 13,394.1
2011 1,179.6
15,650.8
4,013.7
2,249.0
3,239.5
3,889.4
3,845.1
257.8
nav
nav
nav
nav
In October 2008, NYSE Euronext acquired the American Stock Exchange. Since that time, the market capitalisation for the American Stock Exchange has not been reported separately from the market capitalisation for the New York Stock Exchange. Source: Federal Reserve.
Table 17

(thousands, total for the year) 2007 New York Stock Exchange Total number of executed securities trades debt securities short-term paper bonds equity other Total number of executed derivatives trades Nasdaq 2 Total number of executed securities trades debt securities equity other Total number of executed derivatives trades American Stock Exchange Total number of executed securities trades Total number of executed derivatives trades
1
2008 3,218,906 nav nav nav 3,218,906 nav nav
2,332,984 3 nav nav 2,332,981 nav nav
1,646,399 nap nav nav nav
nav nav
nav nav
nav nav
nav nav
nav nav
In October 2008, NYSE Euronext acquired the American Stock Exchange. Since that time, figures for American Stock Exchange (NYSE AMEX) equity trades are included with other NYSE figures. 2 Values for previous years reflect revisions reported by the Nasdaq Stock Market, Inc. Sources: NYSE Euronext; The Nasdaq Stock Market, Inc.
419
United States
Table 18

(USD billions, total for the year) 2007 New York Stock Exchange Total value of executed securities trades 2 debt securities short-term paper bonds equity other Total value of executed derivatives trades Nasdaq 3 Total value of executed securities trades debt securities equity other Total value of executed derivatives trades American Stock Exchange Total value of executed securities trades Total value of executed derivatives trades
1
2008
2009
2010
2011
29,908.970 28,080.290 17,562.460 17,852.940 18,094.660 0.090 nav nav nav nav nav nav nav nav nav nav nav nav nav nav 29,908.880 28,080.290 17,562.460 17,852.940 18,094.660 nav nav nav nav nav nav nav nav nav nav
15,318.565 15,245.343 10,730.220 13,098.885 14,300.464 nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav
nav nav
nav nav
nav nav
nav nav
nav nav
In October 2008, NYSE Euronext acquired the American Stock Exchange. Since that time, figures for American Stock Exchange (NYSE AMEX) equity trades are included with other NYSE figures. 2 Par (face) value of bonds traded. 3 Values for previous years reflect revisions reported by the Nasdaq Stock Market, Inc. Sources: NYSE Euronext; The Nasdaq Stock Market, Inc.
420
United States
Table 19

(end of year) 2007 National Securities Clearing Corporation Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other Fixed Income Clearing Corporation Total number of clearing members central bank central counterparties (CCPs) banks other
1 1
2008 221 0 0 10 211 217 0 0 10 207 4 0 0 0 4
2009 203 0 0 12 191 200 0 0 12 188 3 0 0 0 3
2010 191 0 0 9 182 188 0 0 9 179 3 0 0 0 3
2011 187 0 0 11 176 184 0 0 11 173 3 0 0 0 3
226 0 0 12 214 223 0 0 12 211 3 0 0 0 3
193 0 0 39 154 173 0 0 31 142 20 0 0 8 12
200 0 0 31 169 184 0 0 31 153 16 0 0 8 8
165 0 0 23 142 149 0 0 23 126 16 0 0 8 8
179 0 0 26 153 163 0 0 26 137 16 0 0 11 5
174 0 0 39 135 172 0 0 39 133 2 0 0 0 2
Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other a) Government Securities Division Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other
103 0 0 20 83 92 0 0 12 80 11 0 0 8 3
97 0 0 14 83 86 0 0 14 72 11 0 0 8 3
98 0 0 12 86 85 0 0 12 73 13 0 0 8 5
106 0 0 11 95 93 0 0 11 82 13 0 0 11 2
101 0 0 28 73 101 0 0 28 73 0 0 0 0 0
421
United States
Table 19 (cont) 2007 b) Mortgage-Backed Securities Division Total number of clearing members central bank central counterparties (CCPs) banks other Number of domestic clearing members central bank central counterparties (CCPs) banks other Number of foreign clearing members central bank central counterparties (CCPs) banks other
1
2008 103 0 0 17 86 98 0 0 17 81 5 0 0 0 5
2009 67 0 0 11 56 64 0 0 11 53 3 0 0 0 3
2010 73 0 0 15 58 70 0 0 15 55 3 0 0 0 3
2011 73 0 0 11 62 71 0 0 11 60 2 0 0 0 2
90 0 0 19 71 81 0 0 19 62 9 0 0 0 9
Subsidiary of Depository Trust & Clearing Corporation (DTCC). Source: Depository Trust & Clearing Corporation.
422
United States
Table 20

(millions, total for the year) 2007 National Securities Clearing Corporation Total number of contracts and transactions cleared Fixed Income Clearing Corporation Total number of contracts and transactions cleared a) Government Securities Division Total number of contracts and transactions cleared b) Mortgage-Backed Securities Division Total number of contracts and transactions cleared
1
2008
2009
2010
2011
1, 2
13,537.0
21,877.0
23,254.0
20,372.0
20,833.0
32.5
37.4
31.1
37.2
44.4
30.4
34.4
28.7
34.0
40.5
2.1
3.0
2.4
3.2
3.9
Subsidiary of DTCC. 2 Includes equities, corporate and municipal debt, American Depository Receipts, exchange-traded funds, unit investment trusts, mutual funds, insurance products and other securities. 3 Includes Treasury bills, bonds, notes, zero coupon securities, government agency securities and inflation-indexed securities. Source: Depository Trust & Clearing Corporation.
Table 21

(USD billions, total for the year) 2007 National Securities Clearing Corporation Total value of contracts and transactions cleared Fixed Income Clearing Corporation Total value of contracts and transactions cleared a) Government Securities Division Total value of contracts and transactions cleared b) Mortgage-Backed Securities Division Total value of contracts and transactions cleared
1
2008 315,100
2009 209,690
2010 217,450
2011 220,790
1, 2
283,200
1,101,000
1,125,800
999,900
1,205,900
1,126,998
1,006,100
1,014,500
905,100
1,101,700
1,126,900
94,900
111,300
94,800
104,200
97,700
Subsidiary of DTCC. 2 Includes equities, corporate and municipal debt, American Depository Receipts, exchange-traded funds, unit investment trusts, mutual funds, insurance products and other securities. 3 Includes Treasury bills, bonds, notes, zero coupon securities, government agency securities and inflation-indexed securities. Source: Depository Trust & Clearing Corporation.
423
United States
Table 22

(end of year) 2007 Depository Trust Company Total number of participants central bank central counterparties (CCPs) central securities depositories banks other Number of domestic participants central bank central counterparties (CCPs) central securities depositories banks other Number of foreign participants central bank central counterparties (CCPs) central securities depositories banks other Federal Reserve3 Total number of participants4
1
2008 401 1 0 10 92 298 389 1 0 0 92 296 12 0 0 10 0 2
2009 382 1 0 11 92 278 369 1 0 0 92 276 13 0 0 11 0 2
2010 377 1 0 11 92 273 363 1 0 0 92 270 14 0 0 11 0 3
2011 378 1 2 12 92 271 362 1 1 0 91 269 16 0 1 12 1 2
1, 2
396 1 0 10 96 289 384 1 0 0 96 287 12 0 0 10 0 2
2,645
2,588
2,566
2,566
2,406
Subsidiary of Depository Trust & Clearing Corporation (DTCC). 2 Values for previous years reflect revisions reported by DTCC. 3 Number of depository institutions that used the Federal Reserves Fedwire Securities Service in the respective years. Other Fedwire participants not included in this calculation are: the US Treasury and any entity specifically authorised by federal statute to use the Reserve Banks as fiscal agents or depositories; entities designated by the Secretary of the Treasury; foreign central banks, foreign monetary authorities, foreign governments and certain international organisations. 4 The total number of institutions with access to the Fedwire Securities Service. Previously, only the number of active participants were reported. Values for previous years reflect this revision. Sources: Depository Trust & Clearing Corporation; Federal Reserve.
Table 23

(thousands, end of year) 2007 Depository Trust Company Total number of securities held debt securities equity other Federal Reserve Total number of securities held debt securities short-term paper bonds
1
2008 3,500.0 nav nav nav
2009 3,550.0 nav nav nav
2010 3,610.0 nav nav nav
2011 3,690.0 nav nav nav
3,500.0 nav nav nav
1,140.4 1,140.4 nav nav
1,148.0 1,148.0 nav nav
1,151.5 1,151.5 nav nav
1,160.9 1,160.9 nav nav
1,187.1 1,187.1 nav nav
US Treasury and agency securities held in custody at the Federal Reserve's Fedwire Securities Service. Sources: Depository Trust & Clearing Corporation; Federal Reserve.
424
United States
Table 24

(USD billions, end of year) 2007 Depository Trust Company Total value of securities held debt securities equity other Federal Reserve Total value of securities held debt securities short-term paper bonds
1
2008 28,000.0 nav nav nav
2009 34,000.0 nav nav nav
2010 37,000.0 nav nav nav
2011 40,000.0 nav nav nav
43,359.0 43,359.0 nav nav
47,427.1 47,427.1 nav nav
52,662.3 52,662.3 nav nav
56,722.6 56,722.6 nav nav
60,295.9 60,295.9 nav nav
US Treasury and agency securities held in custody at the Federal Reserve's Fedwire Securities Service. Sources: Depository Trust & Clearing Corporation; Federal Reserve.
Table 25

(millions, total for the year) 2007 Depository Trust Company Total number of delivery instructions Federal Reserve Total number of delivery instructions
1
2008 316.60
2009 299.50
2010 295.00
2011 302.30
324.90
24.22
25.01
21.08
19.78
18.61
US Treasury and agency securities transfers processed through the Federal Reserves Fedwire Securities Service. Data exclude reversals (ie securities sent in error and returned to sender). Sources: Depository Trust & Clearing Corporation; Federal Reserve.
Table 26

(USD billions, total for the year) 2007 Depository Trust Company Total value of delivery instructions Federal Reserve Total value of delivery instructions
1
2008 182,000
2009 122,000
2010 117,500
2011 124,700
210,000
435,578
419,347
295,742
320,124
291,824
US Treasury and agency securities transfers processed through the Federal Reserves Fedwire Securities Service. Data exclude reversals (ie securities sent in error and returned to sender). Sources: Depository Trust & Clearing Corporation; Federal Reserve.
425
United States
426
Comparative tables
427
Comparative tables
Table 1

GDP (USD billions) 1 2008 2009 2010 1,050 999 1,246 507 474 471 1,650 1,625 2,143 1,504 1,339 1,577 4,590 4,912 5,790 2,828 2,623 2,563 3,619 3,303 3,302 219 214 229 1,286 1,334 1,678 2,305 2,114 2,055 4,845 5,037 5,493 931 834 1,015 1,094 884 1,036 870 797 779 1,664 1,225 1,488 476 377 456 189 183 227 274 284 363 486 406 463 524 511 551 735 616 732 2,644 2,188 2,264 14,292 13,974 14,499 48,583 46,252 50,421 Population (millions, yearly average) 2007 2008 2009 2010 21.1 21.4 21.8 22.1 10.6 10.7 10.8 11.0 187.6 189.6 191.5 193.3 32.9 33.3 33.7 34.1 1,317.9 1,324.7 1,331.4 1,337.2 63.6 64.0 64.3 64.8 82.3 82.1 81.9 81.8 6.9 7.0 7.0 7.1 1,138.0 1,154.0 1,170.0 1,186.0 58.9 59.3 59.8 60.1 127.8 127.7 127.5 128.1 48.6 48.9 49.2 49.4 105.3 106.2 107.1 108.0 16.4 16.5 16.6 16.7 142.1 142.0 142.4 142.9 24.9 25.8 26.7 27.6 4.6 4.8 5.0 5.1 48.6 49.1 49.6 50.1 9.2 9.3 9.3 9.4 7.6 7.7 7.8 7.9 70.6 71.5 72.6 73.7 61.0 61.4 61.8 nav 301.2 304.1 306.8 309.4 3,887.7 3,921.1 3,954.4 3,925.4
Australia Belgium Brazil Canada China France Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS2
2007 952 460 1,366 1,423 3,492 2,582 3,323 212 1,208 2,127 4,356 1,049 1,036 782 1,300 385 177 286 463 451 648 2,826 14,029 44,932
2011 1,500 514 2,474 1,740 7,298 2,776 3,605 249 1,906 2,197 5,874 1,116 1,154 837 1,860 597 260 409 539 662 775 2,429 15,076 55,846
2011 22.4 11.0 194.9 34.4 1,343.5 65.2 81.8 7.1 1,202.0 60.3 127.8 49.8 108.8 16.7 143.0 28.4 5.2 50.6 9.5 8.0 74.7 nav 311.6 3,956.6
Table 1 (cont) GDP per capita (USD) 1 2008 2009 2010 48,992 45,809 56,371 47,326 43,928 43,023 8,703 8,486 11,089 45,215 39,758 46,293 3,465 3,689 4,330 44,220 40,789 39,537 44,074 40,338 40,393 31,488 30,594 32,447 1,114 1,140 1,415 38,838 35,375 34,217 37,945 39,500 42,895 19,019 16,966 20,536 10,294 8,249 9,593 52,758 48,103 46,763 11,721 8,600 10,410 18,471 14,129 16,541 39,139 36,755 44,782 5,583 5,727 7,250 52,553 43,493 49,187 67,980 65,470 69,993 10,280 8,485 9,934 43,057 35,413 nav 46,997 45,551 46,869 12,390 11,696 12,268 CPI inflation (per cent, yearly average) 2007 2008 2009 2010 2011 3.0 3.7 2.1 2.7 3.1 1.8 4.5 0.0 2.3 3.5 4.5 5.9 4.3 5.9 6.5 2.1 2.4 0.3 1.8 2.9 4.8 5.9 -0.7 3.3 5.4 1.6 3.2 0.1 1.7 2.3 2.3 2.8 0.2 1.2 2.5 2.0 4.3 0.5 2.4 5.3 4.8 4.8 4.8 12.0 8.8 2.0 3.5 0.8 1.6 2.9 0.1 1.4 -1.3 -0.7 -0.3 2.5 4.7 2.8 3.0 4.0 4.0 5.1 5.3 4.2 3.4 1.6 2.2 1.0 0.9 2.5 11.9 13.3 8.8 8.8 6.1 4.1 9.9 5.1 5.4 5.0 2.1 6.6 0.6 2.8 5.2 9.0 9.5 6.3 3.5 6.1 1.7 3.3 1.9 1.9 1.4 0.7 2.4 -0.5 0.7 0.2 8.4 10.1 6.5 6.4 10.5 2.3 3.6 2.2 3.3 4.5 2.5 3.7 -0.5 1.4 2.8 2.9 4.2 0.7 2.5 3.5
2007 45,206 43,264 7,280 43,279 2,650 40,597 40,398 30,497 1,061 36,122 34,089 21,592 9,836 47,695 9,148 15,424 38,642 5,887 50,550 59,147 9,178 46,340 46,571 11,557
2011 67,041 46,863 12,692 50,520 5,432 42,594 44,080 34,955 1,585 36,420 45,965 22,428 10,606 50,042 13,008 21,042 50,115 8,072 57,032 83,207 10,377 nav 48,383 13,501
429
Comparative tables
Table 1 (cont) Exchange rate vis--vis USD (yearly average) 2007 2008 2009 2010 2011 1.1860 1.1730 1.2521 1.0870 0.9609 0.7308 0.6835 0.7190 0.7559 0.7192 1.9483 1.8375 1.9936 1.7593 1.6746 1.0748 1.0660 1.1420 1.0299 0.9891 7.3676 6.8424 6.8279 6.7700 6.4614 0.7308 0.6835 0.7190 0.7559 0.7192 0.7308 0.6835 0.7190 0.7559 0.7192 7.8014 7.7868 7.7518 7.7692 7.7840 41.29 43.42 48.40 45.73 46.47 0.7308 0.6835 0.7190 0.7559 0.7192 117.77 103.44 93.54 87.71 79.70 929.20 1,102.59 1,276.40 1,156.26 1,108.11 10.93 11.14 13.51 12.64 12.43 0.7308 0.6835 0.7190 0.7559 0.7192 25.57 24.81 31.68 30.36 29.35 3.75 3.75 3.75 3.75 3.75 1.5071 1.4148 1.4545 1.3635 1.2579 7.0540 8.2520 8.4370 7.3220 7.2530 6.7585 6.5874 7.6446 7.2062 6.4939 1.2001 1.0833 1.0854 1.0426 0.8868 1.3015 1.2929 1.5471 1.5004 1.6700 0.4997 0.5451 0.6406 0.6478 0.6238 nap nap nap nap nap nap nap nap nap nap
2
Australia Belgium Brazil Canada China France Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS
1
Exchange rate vis--vis USD (end of year) 2007 2008 2009 2010 2011 1.1343 1.4434 1.1150 0.9840 0.9846 0.6793 0.7185 0.6942 0.7484 0.7729 1.7713 2.3370 1.7412 1.6662 1.8758 0.9881 1.2246 1.0466 0.9946 1.0170 7.3046 6.8346 6.8282 6.6230 6.3009 0.6793 0.7185 0.6942 0.7484 0.7729 0.6793 0.7185 0.6942 0.7484 0.7729 7.8015 7.7505 7.7555 7.7745 7.7655 39.41 48.45 46.68 44.81 53.27 0.6793 0.7185 0.6942 0.7484 0.7729 112.04 90.64 92.43 81.31 77.44 938.20 1,257.50 1,167.60 1,138.90 1,153.30 10.87 13.54 13.06 12.36 13.98 0.6793 0.7185 0.6942 0.7484 0.7729 24.55 29.38 30.24 30.48 32.20 3.75 3.75 3.75 3.75 3.75 1.4412 1.4392 1.4034 1.2875 1.3007 6.7860 9.3040 7.3720 6.6220 8.1320 6.4136 7.8106 7.1165 6.7097 6.8877 1.1240 1.0670 1.0298 0.9358 0.9395 1.1647 1.5123 1.5057 1.5460 1.9065 0.4982 0.6844 0.6165 0.6442 0.6456 nap nap nap nap nap nap nap nap nap nap
Please refer to the individual country tables for a detailed explanation. Converted at yearly average exchange rates. Sum or average excluding those countries for which data are not available.
430
Comparative tables
Table 2
Banknotes and coin in circulation

(end of year) Total value (USD billions) 1 2008 2009 2010 37.83 49.05 57.20 nap nap nap 49.46 75.73 90.71 48.02 57.95 63.53 541.08 606.59 nav nap nap nap nap nap nap 23.97 26.94 30.34 142.64 171.27 211.60 nap nap nap 949.57 925.14 1,068.20 24.38 31.90 37.93 42.66 48.39 56.12 nap nap nap 149.02 153.08 190.06 25.07 26.47 29.59 14.41 15.85 19.04 15.53 20.23 23.58 14.37 15.33 15.59 48.57 51.15 57.98 21.50 26.06 32.33 71.71 85.98 85.11 889.89 928.23 982.72 1,092.01 1,194.66 1,154.10 3,109.67 4,201.69 3,315.33 4,510.00 3,051.63 4,205.73 Value per inhabitant (USD) 1 2008 2009 2010 1,764.6 2,248.0 2,588.5 nav nav nav 260.9 395.5 469.4 1,443.5 1,720.8 1,864.4 408.5 455.6 nav nav nav nav nav nav nav 3,442.4 3,850.2 4,302.4 123.6 146.4 178.4 nav nav nav 7,436.4 7,255.5 8,341.6 498.1 648.6 767.7 401.5 451.7 519.7 nav nav nav 1,049.7 1,074.7 1,329.9 972.2 992.7 1,073.6 2,977.3 3,176.9 3,750.5 316.2 407.6 470.3 1,553.0 1,641.3 1,655.2 6,298.8 6,557.2 7,367.7 300.7 359.2 438.6 1,168.0 1,391.4 nav 2,926.3 3,025.8 3,176.7 3,330.3 3,630.5 3,496.8 843.1 1,046.1 890.9 1,113.5 1,296.4 1,567.0
Australia Belgium Brazil Canada China France Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States Euro area CPSS excl euro area2 CPSS incl euro area2
2007 42.01 nap 58.08 56.11 449.54 nap nap 21.95 149.89 nap 766.29 31.15 45.53 nap 168.02 21.92 12.79 23.19 17.83 41.68 24.17 95.07 828.91 1,026.24 2,854.14 3,880.38
2011 60.07 nap 86.77 65.34 nav nap nap 34.77 200.17 nap 1,143.42 42.10 54.62 nap 214.40 37.29 21.13 13.57 14.44 62.33 29.42 89.46 1,075.79 1,182.21 3,245.08 4,427.29
2007 1,994.8 nav 309.5 1,706.3 341.1 nav nav 3,163.4 131.7 nav 5,997.4 641.0 432.2 nav 1,182.3 879.0 2,787.9 477.7 1,948.1 5,470.9 342.4 1,558.9 2,751.7 3,146.7 780.7 974.5
2011 2,685.2 nav 445.1 1,897.2 nav nav nav 4,888.5 166.5 nav 8,947.1 845.7 501.9 nav 1,499.7 1,314.2 4,075.6 268.0 1,526.6 7,838.0 393.8 nav 3,452.6 3,571.1 1,364.6 1,634.2
Table 2 (cont) Value as a percentage of GDP 2008 2009 2010 4.43 4.37 4.16 nap nap nap 3.81 4.07 4.01 3.67 3.97 3.89 11.78 12.35 nav nap nap nap nap nap nap 10.88 12.59 13.27 12.38 12.38 12.36 nap nap nap 17.17 18.15 18.03 2.99 3.50 3.68 4.74 5.29 5.30 nap nap nap 10.61 11.93 12.82 5.26 7.03 6.49 7.74 8.34 7.91 6.39 6.22 5.87 3.50 3.51 3.13 9.13 9.50 9.45 3.42 4.12 4.55 3.41 3.78 3.74 6.23 6.64 6.78 8.50 9.30 9.44 8.09 8.09
2
Australia Belgium Brazil Canada China France Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States Euro area CPSS excl euro area2 CPSS incl euro area2
1
2007 4.22 nap 3.87 3.62 12.76 nap nap 10.37 11.85 nap 16.74 3.00 4.37 nap 12.40 5.70 6.90 7.81 3.66 8.66 3.34 3.35 5.91 7.73 8.00 8.09
2011 4.10 nap 3.93 3.86 nav nap nap 13.95 12.04 nap 18.91 3.92 5.32 nap 12.65 6.25 8.41 3.72 2.84 9.98 4.33 3.81 7.14 9.72 8.40 8.56
Value as a percentage of narrow money 2007 2008 2009 2010 2011 20.60 23.52 22.60 21.43 21.15 nap nap nap nap nap 44.46 51.73 52.70 53.62 57.17 12.83 12.06 10.99 10.50 10.18 21.53 22.25 18.83 nav nav nap nap nap nap nap nap nap nap nap nap 37.69 37.83 31.12 32.31 33.97 57.84 61.23 60.07 59.58 62.81 nap nap nap nap nap 17.22 17.43 17.15 16.86 16.36 9.24 9.27 9.56 10.10 10.98 36.65 38.95 39.14 37.82 36.65 nap nap nap nap nap nav nav nav nav nav 21.43 22.10 19.03 17.74 18.38 28.84 27.39 23.79 21.80 21.28 21.32 19.17 18.50 18.09 11.65 0.01 0.01 0.01 0.01 0.01 17.28 15.76 13.28 12.54 12.15 36.87 38.05 36.56 36.98 34.80 4.41 4.37 4.47 4.44 4.54 59.44 54.53 53.85 52.54 48.73 17.87 19.44 18.20 18.18 18.81 1.29 1.71 1.61 2.11 1.44 1.90 1.22 1.65 1.39 1.85
8.97 9.14
8.61 8.84
Please refer to the individual country tables for a detailed explanation. Converted at end-of-year exchange rates. Sum or average excluding those countries for which data are not available.
431
Comparative tables
Table 3
Transferable deposits held by banks

(average for December or average of last reserve maintenance period) 1 Transferable balances held at the central bank Total value (USD billions) 2 Value as a percentage of GDP 2008 2009 2010 2011 2007 2008 2009 2010 12.81 4.58 2.27 2.90 0.58 1.50 0.41 0.16 15.64 15.23 14.50 13.07 3.76 3.24 3.10 3.05 15.45 23.85 30.22 25.63 1.88 1.19 1.28 1.34 0.44 2.82 0.03 0.02 0.02 0.03 0.19 0.00 1,331.73 1,483.07 2,005.39 2,664.74 26.39 28.98 30.20 33.88 57.83 55.04 55.05 54.22 2.00 2.15 2.03 2.13 200.89 137.02 106.22 202.08 1.96 5.84 4.01 3.18 20.39 34.11 19.13 19.15 0.64 9.26 15.95 8.36 60.12 75.47 94.51 66.88 6.59 5.22 5.46 5.52 43.88 43.84 35.24 47.86 1.42 2.00 2.00 1.70 111.36 154.59 217.70 396.65 1.46 2.01 3.03 3.67 24.26 28.26 31.55 33.19 2.77 2.97 3.10 3.06 20.69 21.40 22.61 20.01 2.47 2.30 2.34 2.13 31.85 30.44 28.10 29.01 3.65 3.85 3.69 3.57 21.98 20.29 20.54 18.84 2.14 1.56 1.58 1.39 22.98 39.80 38.36 42.47 6.83 4.82 10.57 8.41 9.36 9.98 12.33 13.70 3.57 5.03 5.25 5.12 5.02 6.30 8.03 6.78 2.07 2.07 1.94 2.00 26.46 24.05 0.77 2.45 0.00 6.45 5.51 0.15 35.91 39.35 31.11 188.52 0.94 6.75 7.31 5.07 16.49 15.77 21.65 19.96 2.28 2.62 2.49 3.05 nav nav nav nav 1.89 nav nav nav 820.61 1,089.47 1,022.42 1,524.67 0.09 5.74 7.80 7.05 2,906.17 3,354.72 3,817.72 5,392.79 3.41 6.33 7.61 7.93
Australia Belgium Brazil Canada China France Germany Hong Kong SAR3 India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden3 Switzerland Turkey United Kingdom United States CPSS4
2007 5.75 18.61 28.27 0.32 929.65 55.65 69.91 1.36 83.34 32.48 66.73 28.75 25.69 30.74 28.96 26.29 6.61 6.14 0.02 4.52 16.49 53.68 13.11 1,533.08
2011 0.20 2.73 1.16 0.00 35.61 2.10 6.02 7.68 4.02 2.34 6.56 3.09 1.95 3.73 1.11 7.11 5.45 1.86 0.48 30.18 2.94 nav 10.11 10.10
Table 3 (cont) Transferable balances held at other banks Total value (USD billions) 2 Value as a percentage of GDP 2008 2009 2010 2011 2007 2008 2009 2010 nap nap nap nap nav nap nap nap 52.90 71.08 71.09 78.15 13.21 10.97 14.48 14.94 nap nap nap nap nap nap nap nap 1.17 1.18 1.54 1.90 0.08 0.09 0.08 0.09 nav nav nav nav nav nav nav nav 418.24 517.70 468.25 330.00 15.94 15.55 19.06 18.09 451.88 421.69 471.29 430.38 11.07 13.13 12.33 14.13 nap nap nap nap nap nap nap nap nav nav nav nav nav nav nav nav 347.15 304.10 148.48 131.42 9.31 15.84 13.89 7.15 86.95 86.07 125.68 107.39 1.18 1.83 1.64 2.17 nap nap nap nap nap nap nap nap 0.27 0.45 0.80 0.76 0.05 0.03 0.05 0.08 44.15 65.96 42.46 60.48 7.93 5.34 7.99 5.40 5.04 4.46 5.34 7.10 0.40 0.36 0.35 0.36 91.33 115.51 141.35 170.95 21.58 19.17 30.66 31.00 nap nap nap nap nap nap nap nap 15.38 19.40 13.70 13.19 6.50 6.32 5.96 3.41 nav nav nav nav 12.46 nav nav nav 136.10 103.89 111.57 117.72 26.72 25.57 19.30 18.18 28.83 31.47 18.25 17.45 3.43 4.59 4.98 2.57 753.37 1,128.05 1,023.68 966.72 26.32 35.78 49.61 44.96 33.90 29.43 32.35 40.83 0.22 0.24 0.21 0.22 2,466.65 2,900.45 2,675.84 2,474.44 6.40 6.46 8.11 7.11
Australia Belgium Brazil Canada China France5 Germany Hong Kong SAR India Italy3 Japan6 Korea Mexico Netherlands3 Russia Saudi Arabia Singapore South Africa Sweden3 Switzerland3 Turkey United Kingdom United States3 CPSS4
1
2007 nap 65.31 nap 1.30 nav 442.74 395.87 nap nav 213.03 52.42 nap 0.53 66.78 5.35 83.03 nap 19.31 60.72 128.55 24.83 746.03 30.40 2,336.21
2011 nap 16.33 nap 0.11 nav 12.77 12.83 nap nav 6.43 1.76 nap 0.07 7.76 0.42 28.63 nap 3.62 nav 18.85 2.57 41.19 0.27 6.11
Please refer to the individual country tables for a detailed explanation. Except as noted. 2 Converted at end-of-year exchange rates, except as noted. 3 End of year. 4 Sum or average excluding those countries for which data are not available. 5 Average of fourth quarter. 6 Balances at end-September, converted at end-September exchange rates.
432
Comparative tables
Table 4

(end of year) 1 Number of institutions Total number Number per million inhabitants 2008 2009 2010 2011 2007 2008 2009 2010 204 186 175 170 10.1 9.5 8.5 7.9 107 106 108 110 10.5 10.0 9.8 9.9 109,641 151,025 166,711 162,440 519.2 578.2 788.7 862.7 1,113 1,054 986 936 35.5 33.5 31.3 28.9 5,635 3,859 3,770 3,801 6.7 4.3 2.9 2.8 730 714 688 662 12.7 11.4 11.1 10.6 1,982 1,940 1,931 1,942 24.5 24.1 23.7 23.6 201 200 194 199 29.0 28.9 28.6 27.5 1,893 1,844 1,813 1,788 1.7 1.6 1.6 1.5 831 830 803 797 14.5 14.0 13.9 13.4 1,587 1,543 1,525 nav 13.0 12.4 12.1 11.9 4,011 3,976 3,924 3,871 83.3 81.9 80.8 79.4 nav 122 141 156 nav nav 1.1 1.3 322 318 308 305 21.6 19.5 19.2 18.5 1,110 1,060 1,014 980 8.0 7.8 7.4 7.1 nap nap nap nap nav nav nav nav 166 168 170 171 35.1 34.3 33.7 33.5 36 33 31 31 0.7 0.7 0.7 0.6 129 115 114 114 14.1 13.9 12.3 12.1 329 327 322 314 43.6 42.7 41.9 40.9 51 51 51 50 0.7 0.7 0.7 0.7 377 366 382 367 6.2 6.1 5.9 nav 16,512 15,954 15,379 14,867 56.6 54.3 52.0 49.7 146,967 185,791 200,540 194,071 37.0 38.8 47.3 51.4
Australia
Belgium Brazil2 Canada China France Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS3
2007 213 112 97,416 1,166 8,877 810 2,016 201 1,944 852 1,656 4,049 nav 354 1,138 nap 161 36 129 332 52 381 17,043 138,938
2011 7.6 10.0 833.3 27.2 2.8 10.2 23.7 28.0 1.5 13.2 nav 77.8 1.4 18.2 6.9 nav 33.0 0.6 12.1 39.5 0.7 nav 47.7 51.1
Table 4 (cont) Number of branches or offices Number per million inhabitants 2010 2011 2007 2008 2009 2010 6,701 6,732 310.0 309.1 306.1 303.2 5,487 5,260 540.1 530.3 519.7 501.1 198,251 195,649 673.8 740.1 949.5 1,025.9 nav nav nav nav nav nav nav nav 145.7 147.6 146.5 nav 38,823 38,171 619.5 611.6 596.1 598.9 40,130 39,643 508.9 506.6 499.1 490.8 1,606 1,620 223.5 227.9 225.5 227.7 101,275 108,136 73.8 76.2 77.2 85.4 48,042 46,966 786.5 796.5 807.6 800.0 54,960 nav 436.3 433.4 431.9 429.2 18,820 19,100 374.7 381.6 377.3 380.9 15,196 15,884 nav nav 132.4 140.7 2,906 2,706 221.0 222.7 214.5 174.5 83,467 85,477 566.0 582.3 574.2 584.0 nap nap nav nav nav nav 507 515 106.3 102.7 100.0 99.9 3,436 3,725 68.1 60.6 63.9 68.5 1,883 1,830 217.2 214.7 207.0 200.0 4,931 4,863 665.4 654.0 635.7 626.5 13,375 13,894 159.0 175.3 177.2 181.4 22,533 22,364 447.3 399.9 368.1 nav 110,465 118,190 382.1 383.3 361.5 357.1 772,794 730,725 232.6 237.0 241.1 305.9
3
Australia
Belgium Brazil2 Canada China France Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS3
1
2007 6,529 5,737 126,426 nav 192,031 39,402 41,865 1,551 83,958 46,311 55,747 18,211 nav 3,625 80,434 nap 488 3,306 1,987 5,070 11,224 27,277 115,105 866,284
Total number 2008 2009 6,626 6,678 5,678 5,608 140,325 181,813 nav nav 195,461 195,081 39,121 38,334 41,601 40,862 1,587 1,578 87,907 90,373 47,264 48,258 55,341 55,067 18,677 18,558 nav 14,179 3,672 3,555 82,668 81,788 nap nap 497 499 2,975 3,172 1,987 1,934 5,043 4,959 12,535 12,860 24,554 22,743 116,570 110,906 890,089 938,805
2011 300.9 479.4 1,003.7 nav nav 585.7 484.8 227.8 90.0 778.5 nav 383.7 146.0 161.8 597.9 nav 99.3 73.6 193.5 611.5 185.9 nav 379.3 301.6
Please refer to the individual country tables for a detailed explanation. Except as noted. 2 Includes also bank correspondents, which are non-financial entities acting as banks' agents. those countries for which data are not available. Sum or average excluding
433
Comparative tables
Table 5
Transferable deposits held by non-banks

(end of year) 1 Number of deposit accounts Total number of accounts (thousands) Number of accounts per inhabitant 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nav nav nav nav nav 13,995 15,120 15,834 16,642 16,601 1.32 1.41 1.47 1.52 1.51 112,130 125,667 133,628 141,261 150,085 0.60 0.66 0.70 0.73 0.77 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 73,158 74,431 75,778 76,875 77,795 1.15 1.16 1.18 1.19 1.19 91,158 91,545 93,970 94,761 95,194 1.11 1.11 1.15 1.16 1.16 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 34,228 34,408 34,704 36,393 38,467 0.58 0.58 0.58 0.61 0.64 408,314 405,351 403,624 400,363 nav 3.20 3.17 3.17 3.13 nav 27,283 28,922 30,086 31,089 32,299 0.56 0.59 0.61 0.63 0.65 nav nav 60,905 74,212 77,019 nav nav 0.57 0.69 0.71 23,746 23,825 23,819 24,049 23,459 1.45 1.45 1.44 1.44 1.40 434,738 483,361 521,913 556,527 619,889 3.06 3.41 3.66 3.89 4.34 nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 97 102 111 126 142 0.0 0.0 0.0 0.0 0.0 143,656 125,696 127,355 133,183 128,261 2.36 2.05 2.06 nav nav nav nav nav nav nav nav nav nav nav nav 1,362,503 1,408,428 1,521,727 1,585,482 1,259,211 1.57 1.61 1.54 1.71 1.56
Australia
Belgium Brazil Canada China France Germany Hong Kong SAR India Italy2 Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS3
Table 5 (cont) Value of deposit accounts Total value (USD billions) 4 Value per inhabitant (USD) 4 2008 2009 2010 2011 2007 2008 2009 2010 2011 964 1,325 1,584 1,704 51,270 44,944 60,719 71,666 76,162 178 198 191 186 17,742 16,606 18,364 17,415 16,957 58 86 100 85 460 305 447 516 438 354 485 554 584 11,841 10,656 14,389 16,270 16,947 nav nav nav nav nav nav nav nav nav 705 792 769 781 11,847 11,028 12,322 11,867 11,990 1,291 1,611 1,591 1,638 15,328 15,723 19,676 19,461 20,033 nav nav nav nav nav nav nav nav nav 892 994 1,400 1,211 790 773 849 1,180 1,007 1,015 1,183 1,096 986 16,783 17,099 19,800 18,247 16,346 3,764 4,100 4,619 nav 25,864 29,476 32,155 36,068 nav 61 74 78 85 1,703 1,243 1,502 1,584 1,702 nav 117 125 135 nav nav 1,094 1,157 1,244 349 401 423 421 21,405 21,193 24,187 25,393 25,190 390 444 545 627 3,072 2,749 3,118 3,814 4,385 nap nap nap nap nav nav nav nav nav 248 292 352 381 49,151 51,330 58,497 69,242 73,425 246 309 346 308 5,766 5,000 6,220 6,893 6,074 259 324 364 409 32,561 28,008 34,729 38,622 43,276 222 304 356 571 18,926 28,808 38,953 45,182 71,764 953 1,095 1,124 1,038 14,766 13,321 15,088 15,250 13,892 8,362,704 4,069,075 3,971,862 4,438,029 ######## ######## ######## nav nav 994 1,060 1,124 1,510 2,840 3,269 3,454 3,633 4,846 8,375,647 4,084,268 3,988,601 4,450,689 3,792,960 3,408,266 1,577,298 1,561,956 1,816,746
Australia Belgium Brazil Canada China France Germany Hong Kong SAR India Italy2 Japan5 Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS3
2007 1,080 188 86 389 nav 753 1,261 nav 899 988 3,305 83 nav 351 437 nap 226 280 298 144 1,042 9,213,918 855 9,226,584
434
Comparative tables
Table 5 (cont) Value of deposit accounts as a percentage of GDP 2007 2008 2009 2010 2011 Australia 108.5 112.9 118.0 115.1 116.4 Belgium 38.1 36.9 40.4 40.1 38.9 Brazil 5.7 4.5 4.6 4.4 3.9 Canada 25.2 27.1 33.2 33.9 34.5 China nav nav nav nav nav France 27.1 26.2 29.2 29.7 30.2 Germany 35.3 37.5 47.1 47.7 48.8 Hong Kong SAR nav nav nav nav nav India 71.0 77.4 71.8 81.7 72.8 Italy2 43.2 46.3 54.0 52.8 48.2 Japan 73.6 75.4 80.8 82.2 nav Korea 8.0 7.5 8.1 7.6 7.9 Mexico nav nav 12.8 11.8 13.2 Netherlands 41.7 42.2 48.5 53.8 54.1 Russia 32.2 27.8 34.6 36.8 37.0 Saudi Arabia nav nav nav nav nav Singapore 121.6 133.4 153.6 146.0 151.5 South Africa 94.2 101.0 94.9 86.0 84.4 Sweden 61.1 63.2 74.3 73.1 80.5 Switzerland 30.0 41.7 56.4 57.9 91.4 Turkey 144.0 151.6 173.1 158.2 152.8 United Kingdom 325,042.0 397,213.7 178,942.0 174,456.9 189,109.2 United States 6.1 7.0 7.6 7.8 10.0 CPSS3 23,178.4 19,845.7 10,022.8 9,076.2 10,640.5
Please refer to the individual country tables for a detailed explanation.
1 Except as noted. 2 Only deposits held at banks. 3 Sum or average excluding those countries for which data are not available. 4 Converted at end-of-year exchange rates, except as noted. 5 Converted at average of fiscal year ending March (following year) exchange rates.
435
Comparative tables
Table 6
Payment transactions by non-banks: total number of transactions

(total for the year) Total number of transactions (millions) 2007 2008 2009 2010 2011 5,266 5,691 6,093 6,589 7,129 2,100 2,198 2,290 2,386 2,501 11,865 13,291 18,375 19,333 21,774 8,327 8,810 9,071 9,410 9,816 3,406 4,268 5,185 6,768 8,432 15,460 15,893 16,422 17,057 17,538 15,548 16,022 16,587 17,334 17,776 nav nav nav nav nav 3,781 4,432 5,487 6,605 6,657 3,760 3,816 3,947 4,004 4,160 7,352 7,850 11,167 nav nav 8,636 9,648 10,618 12,081 13,483 1,918 2,068 2,118 2,319 2,620 4,530 4,820 5,014 5,423 5,648 3,063 3,591 3,728 4,832 5,646 811 1,093 1,172 1,367 1,616 1,999 2,217 2,416 2,569 3,279 nav nav 1,958 2,187 2,379 2,193 2,567 2,667 2,885 3,071 1,149 1,224 1,287 1,359 1,421 1,444 1,713 1,910 2,179 2,491 14,884 15,260 15,891 16,546 17,795 98,621 102,345 104,050 107,222 nav 216,113 228,818 247,454 250,454 155,233 Increase in the number of transactions (%) 2007 2008 2009 2010 2011 7.7 8.1 7.1 8.1 8.2 6.1 4.7 4.2 4.2 4.8 10.0 12.0 38.3 5.2 12.6 5.5 5.8 3.0 3.7 4.3 18.2 25.3 21.5 30.5 24.6 3.5 2.8 3.3 3.9 2.8 -9.7 3.0 3.5 4.5 2.6 nav nav nav nav nav 25.4 17.2 23.8 20.4 0.8 4.3 1.5 3.4 1.4 3.9 21.4 6.8 42.2 nav nav 11.6 11.7 10.1 13.8 11.6 11.5 7.8 2.4 9.5 13.0 5.7 6.4 4.0 8.2 4.1 47.5 17.2 3.8 29.6 16.9 9.3 34.8 7.3 16.6 18.3 -0.4 10.9 9.0 6.3 27.7 nav nav nav 11.7 8.8 2.8 17.0 3.9 8.2 6.5 5.0 6.5 5.2 5.5 4.6 9.0 18.6 11.5 14.1 14.3 3.2 2.5 4.1 4.1 7.6 5.4 3.8 1.7 3.0 nav 5.8 5.9 7.3 6.0 8.4
Table 6 (cont) Number per inhabitant 2008 2009 2010 265 279 298 205 212 218 70 96 100 265 269 276 3 4 5 248 255 263 195 203 212 nav nav nav 4 5 6 64 66 67 61 88 nav 197 216 244 19 20 21 292 303 326 25 26 34 42 44 50 458 484 506 nav 39 44 277 286 306 159 165 173 24 26 30 249 257 nav 337 339 347 59 63 66 Number per deposit account held by non-banks 2007 2008 2009 2010 2011 nav nav nav nav nav 150 145 145 143 151 106 106 138 137 145 nav nav nav nav nav nav nav nav nav nav 211 214 217 222 225 171 175 177 183 187 nav nav nav nav nav nav nav nav nav nav 110 111 114 110 108 18 19 28 nav nav 317 334 353 389 417 nav nav 35 31 34 191 202 211 225 241 7 7 7 9 9 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 14,863 16,764 17,263 17,316 17,571 104 121 125 124 139 nav nav nav nav nav 65 67 71 87 88
1
2007 250 198 63 253 3 243 189 nav 3 64 58 178 18 276 22 33 436 nav 240 151 20 244 327 56
2011 319 228 112 285 6 269 217 nav 6 69 nav 271 24 338 39 57 633 47 325 179 33 nav nav 44
Please refer to the individual country tables for a detailed explanation. Sum or average excluding those countries for which data are not available. For credit transfers, data for France (prior to 2005) and the United Kingdom include interbank transactions; however, the total number is relatively small.
436
Comparative tables
Table 7
Use of payment instruments by non-banks: number of transactions per payment instrument

(millions, total for the year) Credit transfers 2008 2009 2010 1,316.5 1,384.5 1,494.3 925.6 953.3 1,005.5 6,651.6 7,157.9 7,716.4 899.8 944.1 997.6 740.3 818.2 1,022.0 2,697.3 2,789.5 2,989.7 5,681.8 5,829.5 5,871.2 nav nav nav 133.9 198.2 299.4 1,062.9 1,210.0 1,227.2 1,401.8 1,414.5 1,418.1 2,311.5 2,428.0 2,655.5 711.8 762.9 836.2 1,544.2 1,497.1 1,640.3 2,052.7 2,010.9 2,630.0 3.0 3.4 4.0 30.1 31.7 34.6 nav 438.0 528.7 704.2 728.1 767.7 677.5 702.9 736.3 nav nav nav 3,185.1 3,274.6 3,396.3 6,959.6 7,323.5 7,622.0 39,691.0 41,900.8 44,892.8 Direct debits 2008 2009 2010 605.4 645.7 682.6 247.9 260.3 246.0 nav 4,264.7 3,584.0 616.5 630.8 651.1 nav nav nav 3,023.6 3,265.5 3,411.2 7,914.3 8,198.0 8,697.1 nav nav nav 160.1 149.3 156.7 554.1 575.8 593.2 nav nav nav 1,374.7 1,338.1 1,420.0 41.3 42.1 45.9 1,225.5 1,272.1 1,310.2 105.2 136.1 136.7 1.7 1.8 1.5 51.5 52.6 57.3 nav 531.7 563.2 227.6 241.0 272.0 43.6 44.4 45.2 nap nap nap 3,076.9 3,149.2 3,229.3 11,215.2 11,389.8 11,533.6 30,485.1 36,189.1 36,636.9
Australia
Belgium Brazil Canada China France Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS1
2007 1,227.1 897.6 5,954.1 859.3 687.3 2,614.1 5,595.5 nav 97.5 1,094.7 1,398.0 2,043.3 621.2 1,483.7 1,835.0 2.2 26.7 nav 646.3 648.1 nav 3,120.5 6,454.6 37,306.7
2011 1,588.1 1,025.3 8,439.4 1,043.7 1,172.6 2,977.5 6,090.1 nav 403.2 1,261.7 nav 2,909.8 936.5 1,686.3 2,683.6 4.8 37.6 567.2 830.5 753.1 nav 3,601.5 7,914.5 45,927.1
2007 560.8 240.0 nav 585.8 nav 2,909.8 7,677.2 nav 127.1 508.8 nav 1,428.1 38.4 1,176.9 80.5 1.0 54.0 nav 207.8 43.3 nap 2,963.5 10,351.7 28,954.6
2011 704.1 264.5 4,156.2 673.8 nav 3,533.3 8,661.4 nav 164.7 600.7 nav 1,492.6 52.2 1,340.4 118.0 1.2 55.0 628.0 289.0 46.0 nap 3,322.4 11,795.9 37,899.4
Table 7 (cont) Cheques 2009 333.0 7.9 1,802.7 943.7 875.5 3,302.6 57.0 nav 1,379.1 335.3 96.2 931.4 461.3 nap 0.0 7.1 79.1 104.3 1.0 0.7 nap 1,282.0 24,464.9 36,464.8 E-money payment transactions 2008 2009 2010 nap nap nap 81.2 70.5 60.6 18.4 23.7 35.4 nav nav nav nap nap nap 32.2 36.0 41.1 47.4 43.1 38.9 nav nav nav nap nap 12.1 72.6 89.7 118.3 1,116.1 1,509.6 2,000.4 132.7 135.4 159.1 nav nav nav 176.1 177.1 178.3 7.4 47.7 79.1 nap nap nap 1,869.5 2,047.8 2,195.4 nap nap nap nap nap nap 17.3 15.8 15.3 nav nav nav nav nav nav nav nav nav 3,570.8 4,196.3 4,934.0
Australia
1
2007 418.1 10.6 1,999.0 1,069.5 977.7 3,650.4 75.5 nav 1,460.6 426.4 123.6 1,186.1 537.2 nap 0.3 7.1 85.8 nav 1.0 1.3 nap 1,600.0 27,955.4 41,585.5
2008 371.0 8.8 1,963.2 1,012.4 882.3 3,487.4 65.4 nav 1,397.4 384.9 112.0 1,104.0 500.9 nap 0.0 7.1 83.5 nav 1.0 1.0 nap 1,403.0 26,054.2 38,839.5
2010 291.1 7.2 1,675.0 915.5 896.5 3,122.8 48.3 nav 1,387.4 315.1 88.0 752.0 428.0 nap 0.0 7.1 78.3 77.1 0.0 0.4 nap 1,113.0 22,838.6 34,041.3
2011 256.4 6.5 1,587.8 870.9 846.7 2,971.4 40.5 nav 1,341.9 291.6 nav 612.9 398.3 nap 0.0 7.1 76.8 53.7 0.4 0.3 nap 970.0 21,276.9 31,610.0
2007 nap 89.8 19.8 nav nap 26.4 51.8 nav nap 49.6 809.6 147.7 nav 174.8 1.9 nap 1,662.6 nap nap 17.7 nav nav nav 3,051.8
2011 nap 50.5 37.4 nav nap 46.5 36.0 nav 32.8 151.9 nav 113.1 nav 176.9 106.2 nap 2,888.2 nap nap 10.6 nav nav nav 3,650.0
437
Comparative tables
Table 7 (cont) Card payments (except e-money) of which: by cards with a debit function 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 2,848.2 3,158.6 3,466.0 3,832.4 4,270.3 1,505.0 1,740.7 1,985.3 2,259.4 2,606.7 861.5 934.1 997.4 1,066.9 1,154.3 764.2 828.2 885.2 945.9 1,020.6 3,891.6 4,658.1 5,126.2 6,322.5 7,553.4 1,700.1 2,097.2 2,309.4 2,929.0 3,607.0 5,812.0 6,281.6 6,552.4 6,846.1 7,227.2 3,451.8 3,705.0 3,881.0 3,971.0 4,143.0 1,741.1 2,645.3 3,491.2 4,849.4 6,413.0 nav nav nav nav nav 6,144.7 6,542.5 6,923.3 7,391.6 7,911.0 nav nav nav nav nav 2,148.2 2,313.1 2,459.2 2,678.1 2,947.9 1,710.7 1,878.3 2,003.3 2,192.4 2,405.1 nav nav nav nav nav nav 100.3 100.7 105.4 109.7 2,096.2 2,740.7 3,760.6 4,748.9 4,714.1 1,862.1 2,476.1 3,517.6 4,471.8 4,447.4 1,329.3 1,395.9 1,467.8 1,502.4 1,566.9 825.4 873.3 908.5 914.8 981.1 5,020.8 5,220.4 8,146.6 nav nav 11.5 12.4 13.2 13.4 nav 3,830.0 4,724.6 5,784.4 7,093.6 8,354.4 512.7 743.9 1,050.1 1,417.5 1,899.1 721.7 814.2 851.2 1,009.1 1,232.8 356.0 417.7 474.9 598.6 741.8 1,695.1 1,874.1 2,067.7 2,294.3 2,444.3 1,606.5 1,779.9 1,978.1 2,197.6 2,333.9 352.7 517.3 677.2 1,014.3 1,662.1 334.7 489.2 641.2 959.6 1,556.9 755.9 992.2 1,066.5 1,226.1 1,445.1 755.9 992.2 1,066.5 1,226.1 1,445.1 169.4 182.5 205.1 203.1 221.7 169.4 182.5 205.1 203.1 221.7 nav nav 884.3 1,017.9 1,130.6 nav nav nav nav nav 1,338.0 1,634.0 1,697.0 1,845.0 1,951.0 1,148.0 1,395.0 1,337.0 1,448.0 1,607.0 438.8 484.8 523.6 561.5 611.4 309.1 343.3 371.8 393.5 421.0 1,444.1 1,712.8 1,910.5 2,179.0 2,490.9 73.9 106.8 153.9 220.3 308.4 7,200.0 7,595.0 8,185.0 8,807.0 9,901.0 5,085.0 5,446.0 6,017.0 6,604.0 7,612.0 53,859.4 58,116.3 60,871.5 65,228.0 nav 30,247.8 34,215.7 38,518.9 43,780.4 nav 103,698.7 114,538.0 127,114.7 131,717.0 75,203.5 52,429.8 59,823.7 67,418.8 76,851.6 37,467.5
Australia
Belgium Brazil Canada China France1 Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS2
Table 7 (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 97.3 105.9 112.2 121.0 133.7 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 395.0 395.0 415.4 447.9 501.2 nav nav nav nav nav nav 0.5 6.5 10.1 0.2 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 88.5 94.2 89.6 96.7 110.4 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 68.0 92.0 59.0 46.0 42.0 nav nav nav nav nav nav nav nav nav nav 178.0 179.0 166.0 170.0 166.0 nav nav nav nav nav 826.9 866.6 848.7 891.7 953.5 by cards with a credit function 2008 2009 2010 1,418.0 1,480.8 1,573.0 nav nav nav 2,560.8 2,816.8 3,393.5 2,576.6 2,671.4 2,875.1 nav nav nav nav nav nav 39.8 40.5 37.8 321.3 338.1 363.9 264.1 236.5 267.1 522.6 559.2 587.7 5,208.0 8,133.4 nav 3,980.6 4,734.4 5,676.0 396.5 376.3 410.5 nap nap nap 28.1 36.0 54.7 29.4 31.1 34.7 nav nav nav nav nav nav 147.0 301.0 351.0 141.5 151.8 168.0 1,605.9 1,756.5 1,958.7 1,791.0 1,819.0 1,857.0 23,900.6 22,352.6 21,447.6 44,931.8 47,835.3 41,056.4
Australia
Belgium Brazil Canada3 China France1 Germany Hong Kong SAR India Italy5 Japan Korea Mexico Netherlands4 Russia Saudi Arabia Singapore South Africa Sweden Switzerland6 Turkey United Kingdom United States CPSS2
1
2007 1,343.1 nav 2,191.5 2,360.2 nav nav 42.5 nav 234.1 503.9 5,009.3 3,317.3 365.8 nap 18.0 29.2 nav nav 122.0 129.8 1,370.2 1,806.0 23,611.6 42,454.5
2011 1,663.6 nav 3,946.5 3,084.2 nav nav 41.6 391.5 266.4 585.8 nav 6,455.3 491.0 nap 105.2 40.5 nav nav 302.0 190.3 2,182.5 1,926.0 nav 21,672.5
Please refer to the individual country tables for a detailed explanation. A breakdown by types of function is not available. 2 Sum or average excluding those countries for which data are not available. 3 For cards with a credit function, includes charge cards. 4 For cards with a delayed debit function, includes cards with a credit function. 5 For cards with a delayed debit function, includes cards with a credit function. 6 For cards with a credit function, includes cards with a delayed debit function.
438
Comparative tables
Table 7a
Use of payment instruments by non-banks: relative importance of payment instruments, in number of transactions
(% of total number of transactions) Credit transfers 2008 2009 2010 24.1 23.8 23.7 42.1 41.6 42.1 50.0 39.0 39.9 10.2 10.4 10.6 17.3 15.8 15.1 17.1 17.1 17.6 35.5 35.1 33.9 nav nav nav 3.0 3.6 4.5 30.6 32.9 32.7 nav nav nav 24.0 22.9 22.0 34.4 36.0 36.1 32.0 29.9 30.2 76.5 70.0 68.1 0.3 0.3 0.3 1.4 1.3 1.3 nav 22.4 24.2 27.4 27.3 26.6 55.3 54.6 54.2 nav nav nav 20.9 20.6 20.5 6.8 7.0 7.1 17.5 17.0 17.8 Direct debits 2008 2009 2010 11.1 11.1 10.8 11.3 11.4 10.3 nav 23.2 18.5 7.0 7.0 6.9 nav nav nav 19.2 20.0 20.1 49.4 49.4 50.2 nav nav nav 3.6 2.7 2.4 16.0 15.7 15.8 nav nav nav 14.2 12.6 11.8 2.0 2.0 2.0 25.4 25.4 24.2 3.9 4.7 3.5 0.2 0.2 0.1 2.3 2.2 2.2 nav 27.2 25.8 8.9 9.0 9.4 3.6 3.5 3.3 nap nap nap 20.2 19.8 19.5 11.0 10.9 10.8 13.4 14.7 14.5
Australia
2007 24.3 42.8 50.2 10.3 20.2 17.0 36.0 nav 2.6 32.1 nav 23.7 32.4 32.7 80.8 0.3 1.3 nav 29.5 56.4 nav 21.0 6.5 17.4
2011 23.3 41.0 38.8 10.6 13.9 17.1 34.3 nav 6.1 32.6 nav 21.6 35.7 29.9 58.7 0.3 1.1 23.8 27.0 53.0 nav 20.2 19.3 23.6
2007 11.1 11.4 nav 7.0 nav 19.0 49.4 nav 3.4 14.9 nav 16.5 2.0 26.0 3.5 0.1 2.7 nav 9.5 3.8 nap 19.9 10.5 13.5
2011 10.3 10.6 19.1 6.9 nav 20.3 48.7 nav 2.5 15.5 nav 11.1 2.0 23.7 2.6 0.1 1.7 26.4 9.4 3.2 nap 18.7 28.8 19.5
Table 7a (cont) Cheques 2009 5.7 0.3 9.8 10.4 16.9 20.2 0.3 nav 25.1 9.1 nav 8.8 21.8 nap 0.0 0.7 3.3 5.3 0.0 0.1 nap 8.1 23.5 14.8 E-money payment transactions 2008 2009 2010 nap nap nap 3.7 3.1 2.5 0.1 0.1 0.2 nav nav nav nap nap nap 0.2 0.2 0.2 0.3 0.3 0.2 nav nav nav nap nap 0.2 2.1 2.4 3.1 nav nav nav 1.4 1.3 1.3 nav nav nav 3.7 3.5 3.3 0.3 1.7 2.0 nap nap nap 84.3 84.7 85.5 nap nap nap nap nap nap 1.4 1.2 1.1 nav nav nav nav nav nav nav nav nav 1.6 1.7 2.0
Australia
1
2007 8.3 0.5 16.8 12.8 28.7 23.8 0.5 nav 38.6 12.5 nav 13.7 28.0 nap 0.0 0.9 4.3 nav 0.0 0.1 nap 10.7 28.3 19.4
2010 4.6 0.3 8.7 9.7 13.2 18.4 0.3 nav 21.0 8.4 nav 6.2 18.5 nap 0.0 0.6 3.0 3.5 0.0 0.0 nap 6.7 21.3 13.5
2011 3.8 0.3 7.3 8.9 10.0 17.0 0.2 nav 20.2 7.5 nav 4.5 15.2 nap 0.0 0.5 2.3 2.3 0.0 0.0 nap 5.5 51.9 16.3
2007 nap 4.3 0.2 nav nap 0.2 0.3 nav nap 1.5 nav 1.7 nav 3.9 0.1 nap 83.2 nap nap 1.5 nav nav nav 1.4
2011 nap 2.0 0.2 nav nap 0.3 0.2 nav 0.5 3.9 nav 0.8 nav 3.1 2.3 nap 88.1 nap nap 0.7 nav nav nav 1.9
439
Comparative tables
Table 7a (cont) Card payments (except e-money) 2007 2008 2009 2010 56.4 57.9 59.5 60.8 41.0 42.5 43.6 44.7 32.8 35.0 27.9 32.7 69.8 71.3 72.2 72.8 51.1 62.0 67.3 71.7 40.0 41.5 42.4 43.6 13.8 14.4 14.8 15.5 nav nav nav nav 55.4 61.8 68.5 71.9 39.0 40.2 39.9 40.0 nav nav nav nav 44.4 49.0 54.5 58.7 37.6 39.4 40.2 43.5 37.4 38.9 41.2 42.3 15.5 19.3 23.6 26.3 98.7 98.8 98.9 99.0 8.5 8.2 8.5 7.9 nav nav 45.2 46.5 61.0 63.7 63.6 64.0 38.2 39.6 40.7 41.3 100.0 100.0 100.0 100.0 48.4 49.8 51.5 53.2 54.6 56.8 58.5 60.8 48.3 50.4 51.7 52.2 of which: by cards with a debit function 2007 2008 2009 2010 2011 29.8 31.9 34.1 35.9 38.2 36.4 37.7 38.7 39.6 40.8 14.3 15.8 12.6 15.1 16.6 41.5 42.1 42.8 42.2 42.2 nav nav nav nav nav nav nav nav nav nav 11.0 11.7 12.1 12.6 13.5 nav nav nav nav nav 49.2 55.9 64.1 67.7 66.8 24.2 25.2 24.7 24.4 25.3 nav nav nav nav nav 5.9 7.7 9.9 11.7 14.1 18.6 20.2 22.4 25.8 28.3 35.5 36.9 39.5 40.5 41.3 14.7 18.2 22.3 24.9 34.1 98.7 98.8 98.9 99.0 99.1 8.5 8.2 8.5 7.9 6.8 nav nav nav nav nav 52.3 54.3 50.1 50.2 52.3 26.9 28.0 28.9 29.0 29.6 5.1 6.2 8.1 10.1 12.4 34.2 35.7 37.9 39.9 42.8 30.7 33.4 37.0 40.8 nav 24.4 26.3 27.4 30.5 19.3
Australia
2011 62.6 46.2 34.7 73.6 76.1 45.4 16.6 nav 70.8 40.5 nav 62.0 47.1 43.3 36.4 99.1 6.8 47.5 63.5 43.0 100.0 55.6 nav 38.7
Table 7a (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 4.6 4.8 4.9 5.1 5.3 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 2.5 2.5 2.5 2.6 2.8 nav nav nav nav nav nav 0.0 0.1 0.2 0.0 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 2.0 2.0 1.8 1.8 2.0 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 3.1 3.6 2.2 1.6 1.4 nav nav nav nav nav nav nav nav nav nav 1.2 1.2 1.0 1.0 0.9 nav nav nav nav nav 0.4 0.4 0.3 0.4 0.5 by cards with a credit function 2008 2009 2010 26.0 25.4 25.0 nav nav nav 19.3 15.3 17.6 29.2 29.4 30.6 nav nav nav nav nav nav 0.2 0.2 0.2 nav nav nav 6.0 4.3 4.0 15.1 15.2 15.6 nav nav nav 41.3 44.6 47.0 19.2 17.8 17.7 nap nap nap 1.0 1.3 1.4 2.9 2.9 2.8 nav nav nav nav nav nav 5.7 11.3 12.2 11.6 11.8 12.4 93.8 91.9 89.9 11.7 11.4 11.2 23.4 21.5 20.0 19.8 19.5 16.3
1
2007 26.6 nav 18.5 28.3 nav nav 0.3 nav 6.2 14.8 nav 38.4 19.1 nap 0.8 3.8 nav nav 5.6 11.3 94.9 12.1 23.9 19.8
2011 24.4 nav 18.1 31.4 nav nav 0.2 nav 4.0 15.1 nav 47.9 18.7 nap 2.3 2.8 nav nav 9.8 13.4 87.6 10.8 nav 11.2
Please refer to the individual country tables and the footnotes to Comparative Table 7 for a detailed explanation. Sum or average excluding those countries for which data are not available.
440
Comparative tables
Table 7b
Use of payment instruments by non-banks: increase in the number of transactions

(% change on previous year) Credit transfers 2008 2009 2010 7.3 5.2 7.9 3.1 3.0 5.5 11.7 7.6 7.8 4.7 4.9 5.7 7.7 10.5 24.9 3.2 3.4 7.2 1.5 2.6 0.7 nav nav nav 37.3 48.0 51.1 -2.9 13.8 1.4 0.3 0.9 0.3 13.1 5.0 9.4 14.6 7.2 9.6 4.1 -3.0 9.6 11.9 -2.0 30.8 37.2 14.0 16.1 12.4 5.4 9.0 nav nav 20.7 9.0 3.4 5.4 4.5 3.8 4.7 nav nav nav 2.1 2.8 3.7 7.8 5.2 4.1 6.4 4.5 7.1 Direct debits 2008 2009 2010 8.0 6.6 5.7 3.3 5.0 -5.5 nav nav -16.0 5.2 2.3 3.2 nav nav nav 3.9 8.0 4.5 3.1 3.6 6.1 nav nav nav 26.0 -6.7 5.0 8.9 3.9 3.0 nav nav nav -3.7 -2.7 6.1 7.6 1.9 9.1 4.1 3.8 3.0 30.7 29.4 0.4 71.2 7.3 -18.5 -4.5 2.1 8.9 nav nav 5.9 9.5 5.9 12.9 0.7 1.9 1.8 nav nav nav 3.8 2.3 2.5 8.3 1.6 1.3 5.3 3.0 1.2
2007 7.7 6.8 12.3 10.1 9.2 -0.1 -23.0 nav 25.5 2.7 2.7 13.7 11.9 3.6 36.4 19.6 10.9 nav -13.1 4.8 nav 2.0 8.2 1.9
2011 6.3 2.0 9.4 4.6 14.7 -0.4 3.7 nav 34.7 2.8 nav 9.6 12.0 2.8 2.0 21.7 8.9 7.3 8.2 2.3 nav 6.0 3.8 5.6
2007 9.1 3.7 nav 6.2 nav 6.3 4.3 nav 69.0 6.0 nav 9.0 26.7 3.3 85.8 104.3 0.5 nav 5.5 -13.0 nav 3.7 19.2 10.0
2011 3.2 7.5 16.0 3.5 nav 3.6 -0.4 nav 5.1 1.3 nav 5.1 13.6 2.3 -13.7 -20.4 -3.9 11.5 6.3 1.7 nav 2.9 2.3 3.4
Table 7b (cont) Cheques 2009 -10.2 -10.0 -8.2 -6.8 -0.8 -5.3 -12.8 nav -1.3 -12.9 -14.1 -15.6 -7.9 nav -69.7 0.0 -5.2 nav 0.0 -31.7 nav -8.6 -6.1 -6.4 E-money payment transactions 2008 2009 2010 nav nav nav -9.6 -13.2 -14.0 -7.0 28.7 49.2 nav nav nav nav nav nav 21.7 12.0 14.0 -8.5 -9.2 -9.6 nav nav nav nav nav nav 46.4 23.6 31.8 37.9 35.3 32.5 -10.2 2.0 17.5 nav nav nav 0.7 0.5 0.7 298.5 547.3 65.7 nav nav nav 12.4 9.5 7.2 nav nav nav nav nav nav -2.5 -8.5 -3.2 nav nav nav nav nav nav nav nav nav 17.0 17.5 17.3
1
2007 -7.1 -21.0 -9.6 -3.2 -17.8 -4.6 -30.7 nav 6.8 -6.0 -7.9 2.9 -2.6 nav -57.9 0.0 1.9 nav 0.0 -16.0 nav -10.0 -8.4 -7.5
2008 -11.3 -16.7 -1.8 -5.3 -9.8 -4.5 -13.3 nav -4.3 -9.7 -9.4 -6.9 -6.7 nav -87.5 0.0 -2.7 nav 0.0 -17.5 nav -12.3 -6.8 -6.6
2010 -12.6 -9.3 -7.1 -3.0 2.4 -5.4 -15.3 nav 0.6 -6.0 -8.5 -19.3 -7.2 nav -30.0 0.0 -1.1 -26.0 -100.0 -42.3 nav -13.2 -6.6 -6.6
2011 -11.9 -9.8 -5.2 -4.9 -5.6 -4.8 -16.1 nav -3.3 -7.5 nav -18.5 -6.9 nav -57.1 0.0 -1.9 -30.4 nap -19.5 nav -12.8 -6.8 -6.9
2007 nav -6.5 34.6 nav nav 31.8 22.6 nav nav 46.3 nav -15.6 nav 6.4 -57.1 nav -1.7 nav nav -5.9 nav nav nav -0.8
2011 nav -16.7 5.7 nav nav 13.2 -7.5 nav 170.2 28.4 nav -28.9 nav -0.8 34.2 nav 31.6 nav nav -30.6 nav nav nav 24.4
441
Comparative tables
Table 7b (cont) Card payments (except e-money) 2007 2008 2009 2010 9.4 10.9 9.7 10.6 8.0 8.4 6.8 7.0 19.2 19.7 10.1 23.3 6.5 8.1 4.3 4.5 63.9 51.9 32.0 38.9 9.4 6.5 5.8 6.8 -11.8 7.7 6.3 8.9 nav nav nav nav 40.3 30.7 37.2 26.3 7.5 5.0 5.1 2.4 10.1 4.0 56.1 nav 16.0 23.4 22.4 22.6 23.7 12.8 4.5 18.6 9.4 10.6 10.3 11.0 56.9 46.7 30.9 49.8 6.5 31.3 7.5 15.0 9.7 7.7 12.4 -0.9 nav nav nav 15.1 12.3 22.1 3.9 8.7 8.2 10.5 8.0 7.2 9.0 18.6 11.5 14.1 7.0 5.5 7.8 7.6 11.3 7.9 4.7 7.2 11.4 10.5 10.2 10.7 of which: by cards with a debit function 2007 2008 2009 2010 2011 12.5 15.7 14.1 13.8 15.4 7.6 8.4 6.9 6.9 7.9 19.1 23.4 10.1 26.8 23.1 4.8 7.3 4.8 2.3 4.3 nav nav nav nav nav nav nav nav nav nav -15.6 9.8 6.7 9.4 9.7 nav nav 0.4 4.6 4.1 41.2 33.0 42.1 27.1 -0.5 7.1 5.8 4.0 0.7 7.3 5.5 7.8 6.5 1.7 nav 54.7 45.1 41.2 35.0 34.0 28.8 17.3 13.7 26.0 23.9 9.6 10.8 11.1 11.1 6.2 55.3 46.2 31.1 49.6 62.2 6.5 31.3 7.5 15.0 17.9 9.7 7.7 12.4 -0.9 9.2 nav nav nav nav nav 15.5 21.5 -4.2 8.3 11.0 5.8 11.1 8.3 5.8 7.0 47.6 44.7 44.1 43.1 40.0 9.3 7.1 10.5 9.8 15.3 16.2 13.1 12.6 13.7 nav 13.8 13.9 12.7 14.0 13.3
2011 11.4 8.2 19.5 5.6 32.2 7.0 10.1 nav -0.7 4.3 nav 17.8 22.2 6.5 63.9 17.9 9.2 11.1 5.7 8.9 14.3 12.4 nav 13.1
Table 7b (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 11.8 8.8 5.9 7.8 10.5 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav -3.4 0.0 5.2 7.8 11.9 nav nav nav nav nav nav nav 1,200.0 55.8 -98.0 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 6.5 -4.9 7.9 14.2 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 7.9 35.3 -35.9 -22.0 -8.7 nav nav nav nav nav nav nav nav nav nav -1.1 0.6 -7.3 2.4 -2.4 nav nav nav nav nav -0.1 4.7 -2.1 5.1 6.9 by cards with a credit function 2008 2009 2010 5.6 4.4 6.2 nav nav nav 16.9 10.0 20.5 9.2 3.7 7.6 nav nav nav nav nav nav -6.4 1.8 -6.5 nav 5.2 7.6 12.8 -10.5 12.9 3.7 7.0 5.1 4.0 56.2 nav 20.0 18.9 19.9 8.4 -5.1 9.1 nav nav nav 55.8 27.9 52.1 0.7 5.8 11.7 nav nav nav nav nav nav 20.5 104.8 16.6 9.1 7.3 10.7 17.2 9.4 11.5 -0.8 1.6 2.1 1.2 -6.5 -4.0 5.1 6.5 3.4
1
2007 6.2 nav 19.3 9.1 nav nav nav nav 33.5 8.2 10.2 11.7 19.1 nav 91.7 26.4 nav nav -9.0 14.6 7.5 1.0 5.6 7.6
2011 5.8 nav 16.3 7.3 nav nav 10.0 7.6 -0.2 -0.3 nav 13.7 19.6 nav 92.4 16.6 nav nav -14.0 13.3 11.4 3.7 nav 10.5
442
Comparative tables
Table 7c
Use of payment instruments by non-banks: number of transactions per inhabitant

(total for the year) Credit transfers 2008 2009 2010 61.4 63.5 67.6 86.4 88.3 91.8 35.1 37.4 39.9 27.0 28.0 29.3 0.6 0.6 0.8 42.2 43.4 46.1 69.2 71.2 71.8 nav nav nav 0.1 0.2 0.3 17.9 20.3 20.4 11.0 11.1 11.1 47.2 49.4 53.7 6.7 7.1 7.7 93.7 90.3 98.5 14.5 14.1 18.4 0.1 0.1 0.1 6.2 6.4 6.8 nav 8.8 10.5 76.1 77.9 81.5 87.9 90.1 93.5 nav nav nav 51.9 53.0 nav 22.9 23.9 24.6 10.5 10.8 11.7 Direct debits 2008 2009 2010 28.2 29.6 30.9 23.2 24.1 22.5 nav 22.3 18.5 18.5 18.7 19.1 nav nav nav 47.3 50.8 52.6 96.4 100.1 106.4 nav nav nav 0.1 0.1 0.1 9.3 9.6 9.9 nav nav nav 28.1 27.2 28.7 0.4 0.4 0.4 74.3 76.7 78.7 0.7 1.0 1.0 0.1 0.1 0.1 10.6 10.5 11.3 nav 10.7 11.2 24.6 25.8 28.9 5.7 5.7 5.7 nap nap nap 50.1 51.0 nav 36.9 37.1 37.3 14.2 15.0 15.4
2007 58.3 84.5 31.7 26.1 0.5 41.1 68.0 nav 0.1 18.6 10.9 42.0 5.9 90.4 12.9 0.1 5.8 nav 70.6 85.1 nav 51.2 21.4 9.9
2011 71.0 93.4 43.3 30.3 0.9 45.7 74.5 nav 0.3 20.9 nav 58.5 8.6 100.8 18.8 0.2 7.3 11.2 87.8 94.7 nav nav 25.4 12.3
2011 31.5 24.1 21.3 19.6 nav 54.2 105.9 nav 0.1 10.0 nav 30.0 0.5 80.1 0.8 0.0 10.6 12.4 30.6 5.8 nap nav 37.9 15.8
Table 7c (cont) Cheques 2009 15.3 0.7 9.4 28.0 0.7 51.4 0.7 nav 1.2 5.6 0.8 18.9 4.3 nap 0.0 0.3 15.9 2.1 0.1 0.1 nap 20.7 79.7 9.5 E-money payment transactions 2008 2009 2010 nap nap nap 7.6 6.5 5.5 0.1 0.1 0.2 nav nav nav nap nap nap 0.5 0.6 0.6 0.6 0.5 0.5 nav nav nav nap nap 0.0 1.2 1.5 2.0 8.7 11.8 15.6 2.7 2.8 3.2 nav nav nav 10.7 10.7 10.7 0.1 0.3 0.6 nap nap nap 386.3 410.5 432.4 nap nap nap nap nap nap 2.2 2.0 1.9 nav nav nav nav nav nav nav nav nav 4.7 5.5 2.5
1
2007 19.9 1.0 10.7 32.5 0.7 57.4 0.9 nav 1.3 7.2 1.0 24.4 5.1 nap 0.0 0.3 18.7 nav 0.1 0.2 nap 26.2 92.8 11.1
2008 17.3 0.8 10.4 30.4 0.7 54.5 0.8 nav 1.2 6.5 0.9 22.6 4.7 nap 0.0 0.3 17.2 nav 0.1 0.1 nap 22.9 85.7 10.3
2010 13.2 0.7 8.7 26.9 0.7 48.2 0.6 nav 1.2 5.2 0.7 15.2 4.0 nap 0.0 0.3 15.4 1.5 0.0 0.1 nap nav 73.8 8.9
2011 11.5 0.6 8.1 25.3 0.6 45.6 0.5 nav 1.1 4.8 nav 12.3 3.7 nap 0.0 0.2 14.8 1.1 0.0 0.0 nap nav 68.3 8.5
2007 nap 8.5 0.1 nav nap 0.4 0.6 nav nap 0.8 6.3 3.0 nav 10.7 0.0 nap 362.3 nap nap 2.3 nav nav nav 4.1
2011 nap 4.6 0.2 nav nap 0.7 0.4 nav 0.0 2.5 nav 2.3 nav 10.6 0.7 nap 557.1 nap nap 1.3 nav nav nav 2.0
443
Comparative tables
Table 7c (cont) Card payments (except e-money) 2007 2008 2009 2010 135.2 147.3 158.9 173.4 81.1 87.2 92.4 97.4 20.7 24.6 26.8 32.7 176.7 188.8 194.6 200.9 1.3 2.0 2.6 3.6 96.6 102.3 107.7 114.0 26.1 28.2 30.0 32.8 nav nav nav nav 1.8 2.4 3.2 4.0 22.6 23.5 24.6 25.0 39.3 40.9 63.9 nav 78.8 96.5 117.6 143.6 6.9 7.7 7.9 9.3 103.3 113.7 124.7 137.7 2.5 3.6 4.8 7.1 30.3 38.5 40.0 44.5 36.9 37.7 41.1 40.0 nav nav 17.8 20.3 146.2 176.5 181.7 195.9 57.6 62.9 67.1 71.3 20.5 23.9 26.3 29.6 118.1 123.7 132.5 nav 178.8 191.1 198.4 210.9 27.1 29.6 32.2 34.8 of which: by cards with a debit function 2007 2008 2009 2010 2011 71.5 81.2 91.0 102.2 116.5 71.9 77.3 82.0 86.4 93.0 9.1 11.1 12.1 15.2 18.5 105.0 111.4 115.2 116.5 120.3 nav nav nav nav nav nav nav nav nav nav 20.8 22.9 24.5 26.8 29.4 nav 14.4 14.4 14.9 15.4 1.6 2.1 3.0 3.8 3.7 14.0 14.7 15.2 15.2 16.3 0.1 0.1 0.1 0.1 nav 10.6 15.2 21.4 28.7 38.2 3.4 3.9 4.4 5.5 6.8 97.9 108.0 119.3 131.9 139.5 2.4 3.4 4.5 6.7 10.9 30.3 38.5 40.0 44.5 50.9 36.9 37.7 41.1 40.0 42.8 nav nav nav nav nav 125.5 150.7 143.1 153.8 169.9 40.6 44.5 47.7 50.0 52.9 1.0 1.5 2.1 3.0 4.1 83.4 88.7 97.4 nav nav 100.4 112.5 125.6 141.5 nav 21.4 24.1 26.9 31.1 18.2
2011 190.9 105.2 38.7 209.9 4.8 121.4 36.0 nav 3.9 26.0 nav 167.8 11.3 146.1 11.6 50.9 42.8 22.3 206.3 76.9 33.3 nav nav 21.4
Table 7c (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 9.2 9.9 10.4 11.0 12.2 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 4.8 4.8 5.1 5.5 6.1 nav nav nav nav nav nav 0.0 0.0 0.0 0.0 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 5.4 5.7 5.4 5.8 6.6 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 7.4 9.9 6.3 4.9 4.4 nav nav nav nav nav nav nav nav nav nav 2.9 2.9 2.7 nav nav nav nav nav nav nav 4.6 0.6 0.6 0.7 0.7 by cards with a credit function 2008 2009 2010 66.1 67.9 71.2 nav nav nav 13.5 14.7 17.6 77.5 79.3 84.4 nav nav nav nav nav nav 0.5 0.5 0.5 46.1 48.3 51.6 0.2 0.2 0.2 8.8 9.4 9.8 40.8 63.8 nav 81.3 96.3 114.9 3.7 3.5 3.8 nap nap nap 0.2 0.3 0.4 1.1 1.2 1.3 nav nav nav nav nav nav 15.9 32.2 37.3 18.4 19.5 21.3 22.5 24.2 26.6 29.2 29.4 nav 78.6 72.9 69.3 18.3 19.3 17.8
1
2007 63.8 nav 11.7 71.8 nav nav 0.5 nav 0.2 8.6 39.2 68.3 3.5 nap 0.1 1.2 nav nav 13.3 17.0 19.4 29.6 78.4 17.5
2011 74.4 nav 20.2 89.6 nav nav 0.5 55.1 0.2 9.7 nav 129.7 4.5 nap 0.7 1.4 nav nav 31.9 23.9 29.2 nav nav 10.7
444
Comparative tables
Table 8
Payment transactions by non-banks: total value of transactions

(total for the year) Total value of transactions (USD billions) 1 2007 2008 2009 2010 2011 11,308 11,928 10,765 12,346 15,074 5,830 6,599 5,702 5,081 5,657 8,562 11,456 13,308 16,685 19,546 5,070 5,209 4,559 5,303 5,867 64,474 73,381 80,125 97,144 121,994 30,604 34,198 33,594 33,205 39,522 95,316 103,721 88,128 83,077 94,529 nav nav nav nav nav 15,298 17,211 15,688 17,541 18,398 13,120 14,364 13,057 13,012 13,968 27,263 30,480 30,507 nav nav 15,487 15,141 14,192 17,221 19,257 7,646 9,786 14,766 17,522 20,675 8,609 9,118 8,254 8,142 9,555 18,631 21,019 12,014 12,611 15,131 9,242 9,888 16,640 15,168 14,941 600 631 586 709 811 nav nav 17,006 16,948 2,509 1,647 1,826 1,548 1,778 2,147 3,414 3,992 3,793 3,952 5,035 100 131 122 148 166 214,907 155,432 109,899 104,249 112,254 74,975 73,701 70,796 71,053 nav 632,101 609,211 565,051 552,895 537,036 Increase in the real value of transactions (in %) 2 2007 2008 2009 2010 2011 12.9 0.6 -5.6 -3.1 4.7 16.0 1.3 -9.1 -8.4 2.4 15.7 19.2 20.8 4.5 4.7 5.0 -0.5 -6.5 3.1 3.3 14.1 -0.2 9.7 16.4 13.7 1.5 1.3 3.2 2.1 10.7 88.4 -0.9 -10.8 -2.0 5.6 nav nav nav nav nav 62.1 12.9 -3.0 -5.7 -2.1 10.1 -1.1 -5.1 3.1 -0.7 5.2 -3.1 -8.3 nav nav 14.5 10.8 5.6 6.7 3.0 -3.5 24.1 73.8 6.6 12.2 1.5 -3.1 -5.7 2.8 9.0 24.1 -3.4 -32.9 -7.5 9.3 127.4 -2.7 60.2 -13.5 -6.2 26.3 -7.4 -5.0 10.3 0.2 nav nav nav nav nav 11.1 4.6 -3.5 6.3 7.3 5.0 3.1 -4.4 -0.6 8.1 19.9 18.0 4.4 10.8 13.1 11.7 -23.9 -18.7 -7.1 -0.8 nav nav nav nav nav 25.3 -7.5 -10.7 0.9 7.7
Table 8 (cont) Average value per transaction (USD) 1 2007 2008 2009 2010 2011 2,148 2,096 1,767 1,874 2,115 2,777 3,003 2,491 2,129 2,262 722 862 724 863 898 609 591 503 563 598 18,929 17,194 15,453 14,354 14,468 1,980 2,152 2,046 1,947 2,253 6,130 6,474 5,313 4,793 5,318 nav nav nav nav nav 4,046 3,883 2,859 2,656 2,764 3,489 3,764 3,308 3,250 3,358 3,708 3,883 2,732 nav nav 1,793 1,569 1,337 1,425 1,428 3,985 4,732 6,973 7,555 7,892 1,900 1,892 1,646 1,501 1,692 6,082 5,854 3,223 2,610 2,680 11,394 9,047 14,193 11,098 9,244 300 284 243 276 247 nav nav 8,684 7,750 1,055 751 711 580 616 699 2,971 3,261 2,946 2,909 3,543 69 76 64 68 67 14,439 10,186 6,916 6,301 6,308 760 720 680 663 nav 2,925 2,662 2,283 2,208 3,460 Average value per inhabitant (USD thousands) 1 2007 2008 2009 2010 2011 537 556 493 559 674 549 616 528 464 516 46 60 70 86 100 154 157 135 156 170 49 55 60 73 91 481 535 522 512 606 1,159 1,263 1,076 1,016 1,156 nav nav nav nav nav 13 15 13 15 15 223 242 219 217 232 213 239 239 nav nav 319 309 289 349 387 73 92 138 162 190 525 553 498 489 571 131 148 84 88 106 371 383 624 550 527 131 130 118 140 156 nav nav 343 338 50 180 197 166 189 227 448 518 486 502 633 1 2 2 2 2 3,524 2,532 1,779 nav nav 249 242 231 230 nav 165 158 143 146 153
445
Comparative tables
Table 8 (cont) Value as a ratio to GDP 2008 2009 2010 11.4 10.8 9.9 13.0 12.0 10.8 6.9 8.2 7.8 3.5 3.4 3.4 16.0 16.3 16.8 12.1 12.8 13.0 28.7 26.7 25.2 nav nav nav 13.4 11.8 10.5 6.2 6.2 6.3 6.3 6.1 nav 16.3 17.0 17.0 8.9 16.7 16.9 10.5 10.4 10.5 12.6 9.8 8.5 20.8 44.2 33.3 3.3 3.2 3.1 nav 59.8 46.6 3.8 3.8 3.8 7.6 7.4 7.2 0.2 0.2 0.2 58.8 50.2 46.0 5.2 5.1 4.9 12.7 12.3 12.4 Value as a ratio to deposits held by non-banks4 2007 2008 2009 2010 2011 10.5 12.4 8.1 7.8 8.8 30.9 37.1 28.8 26.6 30.4 99.1 198.3 155.3 167.4 228.8 13.0 14.7 9.4 9.6 10.1 nav nav nav nav nav 40.6 48.5 42.4 43.2 50.6 75.6 80.3 54.7 52.2 57.7 nav nav nav nav nav 17.0 19.3 15.8 12.5 15.2 13.3 14.2 11.0 11.9 14.2 8.2 8.1 7.4 nav nav 187.1 248.8 192.1 220.0 227.3 nav nav 126.0 140.2 152.8 24.5 26.1 20.6 19.3 22.7 42.7 53.9 27.1 23.1 24.1 nav nav nav nav nav 2.7 2.5 2.0 2.0 2.1 nav nav 55.1 49.0 8.2 5.5 7.0 4.8 4.9 5.2 23.7 18.0 12.5 11.1 8.8 0.1 0.1 0.1 0.1 0.2 0.0 0.0 0.0 0.0 0.0 87.7 74.1 66.8 63.2 nav 0.1 0.1 0.1 0.1 0.1
1
2007 11.9 12.7 6.3 3.6 18.5 11.9 28.7 nav 12.7 6.2 6.3 14.8 7.4 11.0 14.3 24.0 3.4 nav 3.6 7.6 0.2 76.0 5.3 14.2
2011 10.1 11.0 7.9 3.4 16.7 14.2 26.2 nav 9.7 6.4 nav 17.2 17.9 11.4 8.1 25.0 3.1 6.1 4.0 7.6 0.2 46.2 nav 15.5
Please refer to the individual country tables for a detailed explanation. Converted at yearly average exchange rates, except as noted. 2 Total value of transactions in domestic currency deflated by yearly average CPI inflation. For the CPSS area, in US dollar terms. 3 Sum or average excluding those countries for which data are not available. Data for France (prior to 2005) and the United Kingdom include interbank transactions in credit transfers. Since the value of these transactions is relatively large, cross-country comparison and the CPSS figures should be treated with caution. 4 For Italy, as a ratio to deposits held only at banks.
446
Comparative tables
Table 9
Use of payment instruments by non-banks: value of transactions per payment instrument

(USD billions, total for the year) 1 Credit transfers 2008 2009 2010 5,855 5,244 5,704 6,351 5,475 4,874 9,884 9,310 11,749 1,300 1,253 1,533 36,069 39,572 53,578 28,451 28,532 28,317 86,890 73,439 67,197 nav nav nav 14,162 13,328 15,053 10,883 10,276 10,502 26,639 26,212 29,577 7,533 7,374 9,260 8,689 13,893 16,666 8,550 7,746 7,636 20,327 11,752 12,340 750 772 769 108 109 132 nav 1,600 1,924 1,640 1,389 1,600 3,856 3,658 3,804 nav nav nav 150,213 105,863 100,394 21,170 21,170 23,065 nap nap nap Direct debits 2008 2009 2010 4,281 3,903 4,818 93 88 73 nav 2,549 3,120 465 441 521 nav nav nav 1,542 1,487 1,492 16,049 14,055 15,306 nav nav nav 15 14 16 505 501 483 nav nav nav 127 107 128 13 10 14 440 386 382 266 70 44 0.1 0.1 0.1 42 41 49 nav 91 106 70 61 70 59 57 64 nap nap nap 1,716 1,383 1,464 14,769 14,641 15,336 40,454 39,885 43,487
Australia Belgium Brazil Canada China France Germany Hong Kong SAR India Italy Japan2 Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States CPSS3
2007 5,428 5,593 7,297 1,160 31,977 25,152 80,120 nav 11,919 9,763 23,704 7,757 6,512 8,128 18,154 499 88 nav 1,484 3,298 nav 209,080 19,809 nap
2011 7,104 5,409 14,012 1,794 72,125 34,122 75,211 nav 15,990 11,228 nav 11,175 19,791 9,007 14,770 924 157 2,144 1,941 4,854 nav 108,231 25,033 nap
2007 3,969 80 nav 416 nav 1,397 14,426 nav 12 455 nav 142 11 370 259 0.1 35 nav 63 51 nap 1,768 14,440 37,894
2011 5,994 93 3,491 588 nav 1,842 18,706 nav 18 496 nav 145 20 413 49 0.1 58 139 84 81 nap 1,675 16,034 49,927
Table 9 (cont) Cheques 2009 1,198 60 1,255 2,462 39,549 2,552 417 nav 2,151 1,271 3,993 6,362 819 nap 0 175 402 281 5 2 nap 1,996 31,599 96,549 E-money payment transactions 2008 2009 2010 nap nap nap 0.517 0.437 0.349 0.495 0.558 0.963 nav nav nav nap nap nap 0.099 0.112 0.121 0.222 0.202 0.185 nav nav nav nav nav 0.386 6.702 7.233 9.820 8.135 13.514 20.227 1.012 1.082 2.116 nap nap nap 0.704 0.663 0.624 0.396 1.076 2.396 nap nap nap 1.349 1.325 1.448 nap nap nap nap nap nap 0.065 0.064 0.067 nav nav nav nav nav nav nav nav nav 19.697 26.268 38.705
1
2007 1,551 86 1,125 3,102 32,091 2,975 573 nav 3,244 1,597 3,933 7,195 1,081 nap 2 159 449 nav 9 2 nap 3,300 37,438 99,913
2008 1,379 74 1,390 3,011 36,735 3,028 560 nav 2,872 1,599 4,186 7,095 1,037 nap 0 190 446 nav 10 2 nap 2,755 34,272 100,640
2010 1,305 54 1,530 2,780 42,026 2,419 350 nav 2,216 1,118 4,286 7,403 790 nap 0 193 486 228 4 2 nap 1,689 28,955 97,835
2011 1,332 65 1,663 2,966 46,602 2,485 351 nav 2,130 1,103 nav 7,420 798 nap 0 211 544 163 5 2 nap 1,543 26,469 95,853
2007 nap 0.541 0.374 nav nap 0.073 0.216 nav nav 4.624 4.935 1.106 nap 0.651 0.063 nap 1.143 nap nap 0.067 nav nav nav 13.791
2011 nap 0.322 1.255 nav nap 0.141 0.174 nav 1.334 13.507 nav 1.866 nap 0.629 6.757 nap 1.747 nap nap 0.056 nav nav nav 27.789
Please refer to the individual country tables for a detailed explanation. Converted at yearly average exchange rates, except as noted. 2 For credit transfers and e-money payment transactions, total transactions during the fiscal year ending March of the following year, converted at average fiscal year exchange rates. 3 Sum or average excluding those countries for which data are not available. For credit transfers, data for France (prior to 2005) and the United Kingdom include interbank transactions. Since the value of these transactions is relatively large, cross-country comparison should be treated with caution; consequently, CPSS figures related to credit transfers have not been calculated.
447
Comparative tables
Table 9 (cont) Card payments (except e-money) 2007 2008 2009 2010 237.3 268.4 269.2 334.8 66.7 77.0 76.1 77.7 140.0 181.5 193.7 285.2 392.2 432.8 403.0 468.0 406.3 576.9 1,004.9 1,540.6 425.0 485.5 472.3 480.5 196.3 221.2 216.8 223.7 nav nav nav nav 123.2 161.4 195.0 255.4 176.4 170.8 163.3 158.7 335.8 417.7 481.7 nav 362.2 357.6 329.9 401.2 42.0 47.8 43.1 53.0 110.2 127.5 121.9 123.7 25.6 46.9 39.7 61.8 92.8 114.8 124.7 144.1 26.7 32.6 33.3 40.7 nav nav 43.4 55.7 90.7 105.2 93.0 104.8 63.3 74.5 75.5 81.9 100.2 131.0 121.7 148.0 758.6 748.0 657.8 702.7 3,287.8 3,490.6 3,385.9 3,695.8 7,459.4 8,269.7 8,545.9 9,437.9 of which: by cards with a debit function 2007 2008 2009 2010 2011 77.5 92.1 98.1 124.7 159.7 52.7 60.8 60.8 61.9 70.0 42.7 57.3 61.0 89.9 123.7 145.9 158.1 150.1 170.5 184.7 nav nav nav nav nav nav nav nav nav nav 142.4 163.0 161.1 165.8 193.5 nav nav nav nav nav 108.3 145.5 180.6 252.1 256.1 104.8 91.5 87.1 83.6 93.2 6.5 7.5 7.9 7.3 nav 20.4 24.4 28.6 44.8 62.7 16.3 18.9 17.9 23.1 28.9 96.8 111.6 108.4 110.4 118.3 23.4 43.4 36.5 57.1 106.8 92.8 114.8 124.7 144.1 180.6 11.7 14.5 15.4 18.0 21.4 nav nav nav nav nav 70.6 81.7 71.9 77.6 88.4 41.6 49.2 50.8 54.7 65.9 1.8 2.7 3.2 5.2 7.2 464.1 465.1 432.1 471.5 558.9 1,182.9 1,342.2 1,447.3 1,648.8 nav 2,703.2 3,044.3 3,143.4 3,611.3 2,320.0
2011 409.0 88.0 378.4 519.4 3,267.5 547.3 260.9 nav 257.9 170.5 nav 476.0 65.6 133.8 115.1 180.6 49.4 63.1 117.8 98.9 166.2 804.6 nav 8,169.8
Table 9 (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 14.0 16.2 15.4 15.8 18.0 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 49.4 53.8 51.6 54.1 62.9 nav nav nav nav nav nav 0.1 1.1 1.6 0.0 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 13.4 15.9 13.5 13.2 15.5 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 4.9 5.5 4.6 4.6 5.2 nav nav nav nav nav nav nav nav nav nav 67.5 73.4 57.5 58.5 57.3 nav nav nav nav nav 149.2 164.8 143.7 147.8 159.0 by cards with a credit function 2008 2009 2010 176.3 171.2 210.1 nav nav nav 124.2 132.8 195.3 274.7 252.9 297.5 nav nav nav nav nav nav 4.4 4.1 3.7 38.9 39.0 45.6 15.8 13.3 1.7 79.3 76.2 75.1 410.2 473.8 nav 333.3 301.3 356.4 28.9 25.2 29.9 nap nap nap 3.5 3.1 4.7 3.6 3.8 4.6 18.1 17.9 22.7 nav nav nav 18.1 16.5 22.6 25.2 24.7 27.2 128.3 118.5 142.8 209.4 168.2 172.7 2,148.5 1,938.6 2,047.0 4,040.7 3,781.0 3,659.6
Australia Belgium Brazil Canada2 China France3 Germany Hong Kong SAR India Italy4 Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore2 South Africa Sweden Switzerland4 Turkey United Kingdom United States CPSS1
1
2007 159.8 nav 97.3 246.3 nav nav 4.5 nav 14.9 71.6 329.3 341.9 25.7 nap 2.2 nap 15.0 nav 15.2 21.6 98.4 226.9 2,104.9 3,775.5
2011 249.3 nav 254.7 334.7 nav nav 4.5 52.5 1.7 77.3 nav 413.3 36.7 nap 8.2 5.8 28.0 nav 24.2 32.9 159.0 188.4 nav 1,871.3
3
Please refer to the individual country tables for a detailed explanation. Sum or average excluding those countries for which data are not available. 2 For cards with a credit function, includes charge cards. breakdown by types of function is not available. 4 For cards with a credit function, includes cards with a delayed debit function. A
448
Comparative tables
Table 9a
Use of payment instruments by non-banks: relative importance of payment instruments, in value of transactions
(% of total value of transactions) Credit transfers 2008 2009 2010 49.7 49.4 46.9 96.3 96.1 96.0 86.3 70.0 70.4 25.0 27.5 28.9 49.2 49.4 55.2 84.9 86.3 86.6 83.8 83.3 80.9 nav nav nav 82.3 85.0 85.8 82.7 84.1 85.6 nav nav nav 49.8 52.0 53.9 88.8 94.1 95.1 93.8 93.8 93.8 98.5 99.1 99.1 71.1 72.0 69.5 17.1 18.6 18.5 nav 79.4 83.1 89.8 89.7 90.0 96.6 96.4 96.3 nav nav nav 96.6 96.3 96.3 28.7 29.9 32.5 nap nap nap Direct debits 2008 2009 2010 36.3 36.8 39.6 1.4 1.5 1.4 nav 19.2 18.7 8.9 9.7 9.8 nav nav nav 4.6 4.5 4.6 15.5 15.9 18.4 nav nav nav 0.1 0.1 0.1 3.8 4.1 3.9 nav nav nav 0.8 0.8 0.7 0.1 0.1 0.1 4.8 4.7 4.7 1.3 0.6 0.4 0.0 0.0 0.0 6.7 7.0 7.0 nav 4.5 4.6 3.8 3.9 3.9 1.5 1.5 1.6 nap nap nap 1.1 1.3 1.4 20.0 20.7 21.6 27.1 27.5 28.8
2007 48.5 96.0 85.2 22.9 49.6 84.0 84.1 nav 77.9 81.4 nav 50.2 85.2 94.4 98.4 66.5 14.7 nav 90.1 96.6 nav 97.3 26.4 nap
2011 47.9 95.7 71.7 30.6 59.1 87.5 79.6 nav 86.9 86.3 nav 58.1 95.7 94.3 98.9 70.2 19.4 85.4 90.4 96.4 nav 96.4 37.1 nap
2011 40.4 1.6 17.9 10.0 nav 4.7 19.8 nav 0.1 3.8 nav 0.8 0.1 4.3 0.3 0.0 7.2 5.6 3.9 1.6 nap 1.5 23.7 32.4
Table 9a (cont) Cheques 2009 11.3 1.1 9.4 54.0 49.4 7.7 0.5 nav 13.7 10.4 nav 44.9 5.5 nap 0.0 16.3 68.6 13.9 0.4 0.0 nap 1.8 44.6 66.6 E-money payment transactions 2008 2009 2010 nap nap nap 0.01 0.01 0.01 0.00 0.00 0.01 nav nav nav nap nap nap 0.00 0.00 0.00 0.00 0.00 0.00 nav nav nav nav nav 0.00 0.05 0.06 0.08 nav nav nav 0.01 0.01 0.01 nap nap nap 0.01 0.01 0.01 0.00 0.01 0.02 nap nap nap 0.21 0.23 0.20 nap nap nap nap nap nap 0.00 0.00 0.00 nav nav nav nav nav nav nav nav nav 0.01 0.02 0.03
1
2010 10.7 1.1 9.2 52.4 43.3 7.4 0.4 nav 12.6 9.1 nav 43.1 4.5 nap 0.0 17.5 68.6 9.9 0.2 0.0 nap 1.6 40.8 64.9
2011 9.0 1.1 8.5 50.5 38.2 6.4 0.4 nav 11.6 8.5 nav 38.6 3.9 nap 0.0 16.0 67.1 6.5 0.2 0.0 nap 1.4 39.2 62.3
2007 nap 0.01 0.00 nav nap 0.00 0.00 nav nav 0.04 nav 0.01 nap 0.01 0.00 nap 0.19 nap nap 0.00 nav nav nav 0.01
Please refer to the individual country tables for a detailed explanation. Sum or average excluding those countries for which data are not available. For credit transfers, data for France (prior to 2005) and the United Kingdom include interbank transactions. Since the value of these transactions is relatively large, cross-country comparison should be treated with caution; consequently, CPSS figures for credit transfers have not been calculated. The CPSS figures calculated ignore credit transfer data throughout.
449
Comparative tables
Table 9a (cont) Card payments (except e-money) 2007 2008 2009 2010 2.1 2.3 2.5 2.8 1.1 1.2 1.3 1.5 1.6 1.6 1.5 1.7 7.7 8.3 8.8 8.8 0.6 0.8 1.3 1.6 1.4 1.4 1.4 1.5 0.2 0.2 0.2 0.3 nav nav nav nav 0.8 0.9 1.2 1.5 1.5 1.3 1.3 1.3 nav nav nav nav 2.3 2.4 2.3 2.3 0.5 0.5 0.3 0.3 1.3 1.4 1.5 1.5 0.1 0.2 0.3 0.5 12.4 10.9 11.6 13.0 4.4 5.2 5.7 5.7 nav nav 2.2 2.4 5.5 5.8 6.0 5.9 1.9 1.9 2.0 2.1 100.0 100.0 100.0 100.0 0.4 0.5 0.6 0.7 4.4 4.7 4.8 5.2 5.1 5.5 5.9 6.3 of which: by cards with a debit function 2007 2008 2009 2010 2011 0.69 0.78 0.92 1.03 1.08 0.90 0.92 1.07 1.22 1.24 0.50 0.50 0.46 0.54 0.63 2.88 3.04 3.29 3.22 3.15 nav nav nav nav nav nav nav nav nav nav 0.15 0.16 0.18 0.20 0.20 nav nav nav nav nav 0.71 0.85 1.15 1.44 1.39 0.87 0.70 0.71 0.68 0.72 nav nav nav nav nav 0.13 0.16 0.20 0.26 0.33 0.21 0.19 0.12 0.13 0.14 1.12 1.22 1.31 1.36 1.24 0.13 0.21 0.31 0.46 0.71 12.36 10.88 11.64 13.03 13.73 1.94 2.30 2.62 2.54 2.63 nav nav nav nav nav 4.29 4.47 4.65 4.36 4.12 1.22 1.23 1.34 1.38 1.31 1.80 2.03 2.62 3.51 4.32 0.22 0.30 0.39 0.45 0.50 1.58 1.82 2.04 2.32 nav 1.86 2.04 2.17 2.39 1.51
2011 2.8 1.6 1.9 8.9 2.7 1.4 0.3 nav 1.4 1.3 nav 2.5 0.3 1.4 0.8 13.7 6.1 2.5 5.5 2.0 100.0 0.7 nav 5.3
Table 9a (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 0.2 0.2 0.3 0.3 0.3 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 0.1 0.1 0.1 0.1 0.1 nav nav nav nav nav nav 0.0 0.0 0.0 0.0 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 0.2 0.2 0.2 0.2 0.2 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 0.3 0.3 0.3 0.3 0.2 nav nav nav nav nav nav nav nav nav nav 0.0 0.0 0.1 0.1 0.1 nav nav nav nav nav 0.1 0.1 0.1 0.1 0.1 by cards with a credit function 2008 2009 2010 1.5 1.6 1.7 nav nav nav 1.1 1.0 1.2 5.3 5.5 5.6 nav nav nav nav nav nav 0.0 0.0 0.0 nav nav nav 0.1 0.1 0.0 0.6 0.6 0.6 nav nav nav 2.2 2.1 2.1 0.3 0.2 0.2 nap nap nap 0.0 0.0 0.0 0.3 0.4 0.4 2.9 3.1 3.2 nav nav nav 1.0 1.1 1.3 0.6 0.7 0.7 98.0 97.4 96.5 0.1 0.2 0.2 2.9 2.7 2.9 2.7 2.6 2.4
2007 1.4 nav 1.1 4.9 nav nav 0.0 nav 0.1 0.6 nav 2.2 0.3 nap 0.0 nap 2.5 nav 0.9 0.6 98.2 0.1 2.8 2.6
2011 1.7 nav 1.3 5.7 nav nav 0.0 nav 0.0 0.6 nav 2.2 0.2 nap 0.1 0.4 3.5 nav 1.1 0.7 95.7 0.2 nav 1.2
Please refer to the individual country tables and the footnotes to Comparative Table 9 for a detailed explanation.
1
Sum or average excluding those countries for which data are not available. The CPSS figures calculated ignore credit transfer data throughout.
450
Comparative tables
Table 9b
Use of payment instruments by non-banks: increase in the real value of transactions

(% change on previous year, adjusted by CPI inflation) 1 Credit transfers 2008 2009 2010 2.9 -6.4 -8.1 1.7 -9.3 -8.5 20.6 -2.0 5.2 8.6 3.0 8.4 -1.1 10.2 30.0 2.6 5.4 2.6 -1.3 -11.3 -4.9 nav nav nav 19.2 0.1 -4.7 0.7 -1.4 5.7 -2.5 -7.8 4.9 10.1 10.2 10.4 29.4 84.2 7.7 -3.7 -5.6 2.7 -4.1 -32.1 -7.5 36.7 -2.0 -5.5 8.4 2.9 10.2 nav nav 0.9 4.2 -3.6 6.6 3.1 -4.5 -0.8 nav nav nav -24.4 -18.9 -7.2 3.1 0.5 7.5 nap nap nap Direct debits 2008 2009 2010 2.9 -4.7 4.4 4.4 -0.9 -14.3 nav nav 2.0 8.5 1.2 4.7 nav nav nav 0.1 1.3 3.7 1.3 -8.1 13.2 nav nav nav 30.6 -0.5 -5.8 0.3 3.4 -0.3 nav nav nav 1.1 -5.3 5.9 10.1 -6.6 17.4 8.7 -8.5 3.0 -12.1 -69.0 -44.9 12.9 4.5 1.8 5.4 -1.4 10.2 nav nav -2.4 5.0 -1.0 6.6 2.8 -3.0 6.8 nav nav nav 2.2 -7.3 3.6 -1.4 -0.4 3.3 2.5 -8.6 6.4
2007 14.2 16.5 18.3 11.9 30.9 2.1 80.5 nav 89.5 13.6 6.7 16.6 -4.2 1.3 25.1 10.6 20.0 nav 11.3 5.6 nav 12.1 9.3 nap
2011 6.8 2.1 6.6 9.2 21.9 12.1 3.9 nav -0.8 -1.1 nav 11.2 12.9 9.5 9.1 14.5 4.8 4.0 7.9 8.3 nav -0.6 5.6 nap
2007 14.5 6.2 nav 11.4 nav 2.4 181.2 nav 83.5 9.1 nav 15.5 25.8 4.7 124.2 99.0 18.1 nav 7.8 -23.2 nav 2.2 6.0 46.4
2011 6.7 16.7 0.0 5.4 nav 14.8 13.5 nav 4.0 -5.0 nav 4.2 42.3 0.5 1.9 2.5 3.7 22.4 6.3 7.0 nav 5.5 1.7 10.9
Table 9b (cont) Cheques 2009 -9.1 -14.1 -6.1 -12.6 8.2 -11.4 -21.9 nav -20.3 -17.0 -12.6 1.0 -9.0 nav -56.9 -12.5 -8.0 nav -40.3 -17.5 nav -16.7 -7.3 -5.0 E-money payment transactions 2008 2009 2010 nav nav nav -14.4 -11.1 -17.9 18.0 17.3 43.8 nav nav nav nav nav nav 24.2 18.6 11.1 -6.4 -4.8 -4.5 nav nav nav nav nav nav 31.0 12.7 40.4 43.0 55.7 39.1 3.7 20.5 72.0 nav nav nav -0.9 -1.9 -1.9 438.4 219.3 96.1 nav nav nav 4.0 0.4 -0.4 nav nav nav nav nav nav -14.6 0.5 -0.7 nav nav nav nav nav nav nav nav nav 37.1 32.4 42.3
1
2007 5.5 3.6 0.8 1.5 0.9 -3.1 -32.0 nav 6.1 -4.6 -3.1 12.4 -0.2 nav -41.3 14.0 28.9 nav 8.2 -16.2 nav -4.4 -12.2 -0.7
2008 -15.2 -23.6 10.0 -6.0 0.4 -7.7 -11.1 nav -11.2 -9.5 -7.8 11.8 -7.0 nav -88.5 8.8 -12.4 nav 12.2 -11.0 nav -12.1 -11.7 -3.3
2010 -8.0 -7.8 1.5 0.1 2.0 -2.0 -12.6 nav -13.1 -9.0 1.4 2.3 -13.4 nav -43.9 4.8 10.3 -31.9 -38.1 -17.9 nav -17.1 -9.6 -1.1
2011 -12.5 10.1 -2.8 -0.4 0.4 -4.4 -6.9 nav -10.2 -8.8 nav -7.6 -3.9 nav -77.0 4.1 -1.9 -33.5 11.3 -17.0 nav -15.8 -11.1 -1.0
2007 nav -12.6 26.4 nav nav 31.3 48.5 nav nav 46.9 nav 19.2 nav 6.4 -7.4 nav 10.8 nav nav 13.5 nav nav nav 36.2
2011 nav -15.1 16.5 nav nav 8.6 -12.9 nav 222.7 27.2 nav -18.7 nav -6.4 156.9 nav 5.8 nav nav -28.7 nav nav nav 45.3
Please refer to the individual country tables for a detailed explanation. Value of transactions in domestic currency deflated by yearly average CPI inflation. For the CPSS area, in US dollar terms. 2 Sum or average excluding those countries for which data are not available. For credit transfers, data for France (prior to 2005) and the United Kingdom include interbank transactions. Since the value of these transactions is relatively large, cross-country comparison should be treated with caution; consequently, CPSS figures for credit transfers have not been calculated.
451
Comparative tables
Table 9b (cont) Card payments (except e-money) 2007 2008 2009 2010 8.3 7.9 4.9 5.1 6.6 3.4 4.0 4.8 19.1 15.5 11.0 22.7 8.0 6.9 -0.6 2.9 51.1 24.5 75.0 47.2 8.1 3.6 2.2 5.1 -14.0 2.6 2.8 7.2 nav nav nav nav 40.8 31.5 28.5 10.5 5.6 -12.5 -0.2 0.6 11.2 7.8 5.7 nav 12.7 11.9 3.9 7.0 17.0 10.4 3.7 10.6 6.1 5.9 -0.4 5.7 46.9 56.7 -0.8 37.2 7.8 12.5 3.4 9.6 18.6 7.7 4.3 11.5 nav nav nav 7.6 10.8 9.4 0.6 4.2 7.5 3.8 2.0 3.5 19.9 18.0 4.4 10.8 7.8 3.8 1.2 4.6 8.0 2.4 -2.5 7.6 13.9 6.4 2.1 14.2 of which by cards with a: debit function 2007 2008 2009 2010 2011 10.4 13.4 11.3 7.5 9.8 6.0 3.3 5.0 4.7 4.0 18.9 19.6 10.7 23.0 22.9 3.3 5.0 1.4 0.7 1.1 nav nav nav nav nav nav nav nav nav nav -17.9 4.2 3.7 7.0 8.3 nav nav nav nav nav 41.9 34.8 32.0 17.7 -5.2 5.2 -21.1 -0.7 -0.7 3.0 -2.3 -0.8 -2.9 -12.6 nav 48.5 35.5 32.2 37.8 28.9 19.5 12.7 8.7 16.3 18.8 6.4 5.5 1.1 6.2 -0.5 51.5 58.7 -1.3 37.7 70.4 7.8 12.5 3.4 9.6 19.4 18.0 9.4 8.6 6.7 4.0 nav nav nav nav nav 8.6 9.1 0.3 -0.3 1.3 4.9 4.2 3.9 2.6 2.3 42.5 33.6 34.5 48.6 39.1 10.4 5.5 6.9 6.8 9.3 12.7 9.4 8.4 12.3 nav 14.4 8.1 2.5 12.1 14.6
2011 4.8 4.2 18.6 3.6 92.1 5.9 8.3 nav -5.7 -0.7 nav 9.3 17.7 0.5 69.7 19.4 6.3 5.7 0.0 2.5 13.1 5.5 nav 37.5
Table 9b (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 8.8 3.5 -0.1 5.5 4.6 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav -10.2 -1.0 0.8 8.9 8.0 nav nav nav nav nav nav nav 974.7 21.5 -97.5 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 8.9 -11.3 1.8 8.7 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 8.2 5.6 -4.6 -7.5 1.6 nav nav nav nav nav nav nav nav nav nav 9.0 14.5 -9.9 -0.4 -9.7 nav nav nav nav nav 9.5 6.0 -13.4 0.3 3.9 by cards with a credit function 2008 2009 2010 5.2 1.5 3.7 nav nav nav 13.7 11.2 22.6 8.0 -1.7 4.2 nav nav nav nav nav nav -10.8 -3.5 -5.2 nav -0.9 14.7 6.5 -10.4 -89.4 0.0 0.3 2.0 7.9 5.9 nav 10.5 1.8 4.0 8.9 0.4 6.5 nav nav nav 35.9 5.4 31.1 nav 1.1 16.0 6.3 0.8 15.6 nav nav nav 11.8 3.9 26.9 2.9 -1.6 5.3 17.7 3.8 9.8 -2.8 -7.6 0.5 -1.6 -9.3 4.1 1.7 -7.1 7.9
1
2007 7.4 nav 19.2 11.1 nav nav nav nav 32.9 6.2 11.5 11.1 15.6 nav 10.5 nav 19.0 nav 23.5 12.5 19.6 2.7 5.6 9.7
2011 1.8 nav 16.6 5.0 nav nav 11.8 9.3 -3.3 -4.8 nav 6.9 16.8 nav 61.3 19.2 8.2 nav -5.0 2.7 12.2 0.5 nav 12.1
452
Comparative tables
Table 9c
Use of payment instruments by non-banks: average value per transaction

(USD, total for the year) 1 Credit transfers 2008 2009 2010 4,447 3,788 3,817 6,862 5,744 4,847 1,486 1,301 1,523 1,445 1,328 1,537 48,724 48,364 52,422 10,548 10,228 9,472 15,293 12,598 11,445 nav nav nav 105,769 67,245 50,275 10,239 8,493 8,558 19,004 18,531 20,857 3,259 3,037 3,487 12,207 18,211 19,931 5,537 5,174 4,655 9,902 5,844 4,692 249,952 225,572 193,445 3,597 3,433 3,805 nav 3,652 3,640 2,329 1,907 2,084 5,692 5,204 5,167 nav nav nav 47,161 32,328 29,560 3,042 2,891 3,026 nap nap nap Direct debits 2008 2009 2010 7,071 6,044 7,058 375 337 297 nav 598 871 755 699 800 nav nav nav 510 455 438 2,028 1,714 1,760 nav nav nav 96 97 103 912 869 814 nav nav nav 92 80 90 311 247 296 359 304 292 2,531 516 322 52 53 70 821 776 861 nav 172 189 307 252 257 1,365 1,291 1,419 nav nav nav 558 439 453 1,317 1,285 1,330 1,327 1,102 1,187
2007 4,423 6,231 1,226 1,350 46,528 9,622 14,319 nav 122,246 8,918 16,956 3,797 10,482 5,478 9,893 228,305 3,287 nav 2,297 5,088 nav 67,002 3,069 nap
2011 4,474 5,276 1,660 1,719 61,507 11,460 12,350 nav 39,655 8,899 nav 3,840 21,133 5,341 5,504 191,014 4,176 3,781 2,337 6,445 nav 30,052 3,163 nap
2007 7,078 332 nav 710 nav 480 1,879 nav 93 895 nav 100 295 314 3,220 71 655 nav 302 1,179 nav 597 1,395 1,309
2011 8,513 351 840 873 nav 521 2,160 nav 109 825 nav 97 390 308 417 94 1,060 222 289 1,760 nav 504 1,359 1,317
Table 9c (cont) Cheques 2009 3,599 7,590 696 2,609 45,170 773 7,306 nav 1,560 3,790 41,509 6,831 1,775 nav 11,117 24,712 5,079 2,697 5,494 2,621 nav 1,557 1,292 2,648 E-money payment transactions 2008 2009 2010 nav nav nav 6.4 6.2 5.8 26.9 23.6 27.2 nav nav nav nav nav nav 3.1 3.1 2.9 4.7 4.7 4.8 nav nav nav nav nav 31.8 92.4 80.6 83.0 7.3 9.0 10.1 7.6 8.0 13.3 nav nav nav 4.0 3.7 3.5 53.6 22.5 30.3 nav nav nav 0.7 0.6 0.7 nav nav nav nav nav nav 3.7 4.1 4.4 nav nav nav nav nav nav nav nav nav 5.5 6.3 7.8
1
2007 3,710 8,164 563 2,900 32,821 815 7,594 nav 2,221 3,746 31,824 6,067 2,012 nav 8,564 22,480 5,227 nav 8,804 1,786 nav 2,062 1,339 2,403
2008 3,716 8,366 708 2,974 41,636 868 8,559 nav 2,055 4,153 37,371 6,427 2,069 nav 9,182 26,894 5,347 nav 10,474 2,184 nav 1,964 1,315 2,591
2010 4,482 7,509 913 3,037 46,877 775 7,258 nav 1,597 3,549 48,706 9,845 1,845 nav 10,121 27,303 6,209 2,964 nav 3,907 nav 1,518 1,268 2,874
2011 5,194 9,969 1,048 3,406 55,042 836 8,675 nav 1,588 3,782 nav 12,106 2,004 nav 5,955 29,832 7,088 3,033 11,511 4,750 nav 1,591 1,244 3,032
2007 nav 6.0 18.9 nav nav 2.7 4.2 nav nav 93.3 6.1 7.5 nav 3.7 34.0 nav 0.7 nav nav 3.8 nav nav nav 4.5
2011 nav 6.4 33.6 nav nav 3.0 4.8 nav 40.7 88.9 nav 16.5 nav 3.6 63.6 nav 0.6 nav nav 5.3 nav nav nav 7.6
Please refer to the individual country tables for a detailed explanation. Converted at yearly average exchange rates, except as noted. 2 For credit transfers and e-money payment transactions, total for the fiscal year ending March of the following year, converted at average fiscal year exchange rates. 3 Sum or average excluding those countries for which data are not available. For credit transfers, data for France (prior to 2005) and the United Kingdom include interbank transactions. Since the value of these transactions is relatively large, cross-country comparison should be treated with caution; consequently, CPSS figures for credit transfers have not been calculated.
453
Comparative tables
Table 9c (cont) Card payments (except e-money) 2007 2008 2009 2010 83.3 85.0 77.7 87.4 77.5 82.5 76.3 72.8 36.0 39.0 37.8 45.1 67.5 68.9 61.5 68.4 233.4 218.1 287.8 317.7 69.2 74.2 68.2 65.0 91.4 95.6 88.2 83.5 nav nav nav nav 58.8 58.9 51.9 53.8 132.7 122.4 111.2 105.6 66.9 80.0 59.1 nav 94.6 75.7 57.0 56.6 58.2 58.8 50.6 52.6 65.0 68.0 58.9 53.9 72.7 90.7 58.6 60.9 122.8 115.7 116.9 117.5 157.4 178.7 162.3 200.4 nav nav 49.1 54.7 67.8 64.4 54.8 56.8 144.2 153.6 144.2 145.8 69.4 76.5 63.7 67.9 105.4 98.5 80.4 79.8 61.0 60.1 55.6 56.7 71.9 72.2 67.2 71.7 of which: by cards with a debit function 2007 2008 2009 2010 2011 51.5 52.9 49.4 55.2 61.3 69.0 73.5 68.6 65.5 68.6 25.1 27.3 26.4 30.7 34.3 42.3 42.7 38.7 42.9 44.6 nav nav nav nav nav nav nav nav nav nav 83.2 86.8 80.4 75.6 80.4 nav nav nav nav nav 58.2 58.8 51.3 56.4 57.6 127.0 104.8 95.8 91.4 95.0 566.7 601.7 598.9 545.1 nav 39.7 32.7 27.2 31.6 33.0 45.8 45.3 37.6 38.7 39.0 60.3 62.7 54.8 50.2 50.7 70.0 88.8 57.0 59.5 68.6 122.8 115.7 116.9 117.5 125.0 68.8 79.3 75.0 88.6 96.3 nav nav nav nav nav 61.5 58.5 53.8 53.6 55.0 134.7 143.4 136.7 138.9 156.6 24.4 24.9 20.7 23.6 23.3 91.3 85.4 71.8 71.4 73.4 39.1 39.2 37.6 37.7 nav 51.6 50.9 46.6 47.0 61.9
2011 95.8 76.2 50.1 71.9 509.5 69.2 88.5 nav 54.7 108.8 nav 57.0 53.2 54.7 69.2 125.0 222.6 55.8 60.4 161.7 66.7 81.3 nav 108.6
Table 9c (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 143.9 153.0 137.1 130.5 134.4 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 125.2 136.1 124.3 120.8 125.6 nav nav nav nav nav nav 221.1 171.8 158.8 210.9 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 151.0 168.7 151.0 136.8 140.2 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 71.8 59.4 77.6 99.6 124.7 nav nav nav nav nav nav nav nav nav nav 379.2 409.9 346.2 344.0 345.3 nav nav nav nav nav 180.4 190.2 169.3 165.7 166.7 by cards with a credit function 2008 2009 2010 124.3 115.6 133.6 nav nav nav 48.5 47.1 57.5 106.6 94.7 103.5 nav nav nav nav nav nav 111.7 101.0 98.5 121.1 115.2 125.4 59.8 56.2 6.3 151.7 136.2 127.8 78.8 58.3 nav 83.7 63.6 62.8 72.9 67.0 72.8 nav nav nav 124.1 87.1 85.2 121.7 122.3 133.8 nav nav nav nav nav nav 122.9 54.8 64.4 178.3 162.4 162.0 79.9 67.5 72.9 116.9 92.5 93.0 89.9 86.7 95.4 89.9 79.0 89.1
1
2007 119.0 nav 44.4 104.3 nav nav 106.8 nav 63.6 142.2 65.7 103.1 70.4 nav 121.8 nav nav nav 124.9 166.6 71.8 125.6 89.1 88.9
2011 149.9 nav 64.5 108.5 nav nav 107.8 134.0 6.5 132.0 nav 64.0 74.8 nav 78.4 143.7 nav nav 80.1 173.0 72.9 97.8 nav 86.3
454
Comparative tables
Table 9d
Use of payment instruments by non-banks: value of transactions per inhabitant

(USD, total for the year) 1 Credit transfers 2007 2008 2009 2010 257,727 273,102 240,368 258,122 526,542 593,153 507,446 445,085 38,887 52,129 48,620 60,794 35,271 39,078 37,220 44,993 24,264 27,229 29,722 40,066 395,468 444,810 443,695 436,823 973,952 1,058,084 896,969 821,909 nav nav nav nav 10,474 12,273 11,391 12,692 165,805 183,413 171,980 174,885 185,522 208,621 205,570 230,971 159,625 153,895 149,924 187,404 61,815 81,780 129,696 154,341 495,445 518,620 467,309 458,471 127,740 143,193 82,510 86,349 20,010 29,079 28,944 27,883 19,155 22,351 21,824 25,906 nav nav 32,232 38,382 162,225 177,225 148,652 169,896 432,819 500,070 468,900 483,400 nav nav nav nav 3,428,332 2,446,544 1,713,213 nav 65,760 69,615 69,007 74,561 nap nap nap nap Direct debits 2008 2009 2010 199,686 178,869 218,025 8,690 8,127 6,682 nav 13,312 16,147 13,992 13,089 15,289 nav nav nav 24,113 23,129 23,024 195,439 171,664 187,209 nav nav nav 13 12 14 8,512 8,376 8,037 nav nav nav 2,590 2,168 2,598 121 97 126 26,670 23,301 22,930 1,876 493 308 3 4 4 8,739 8,178 9,711 nav 1,839 2,119 7,544 6,498 7,428 7,716 7,350 8,154 nap nap nap 27,949 22,374 nav 48,566 47,727 49,576 18,802 16,509 18,277
2011 317,589 492,971 71,880 52,098 53,683 523,546 919,680 nav 13,303 186,117 nav 224,482 181,884 538,497 103,318 32,553 30,323 42,353 205,232 610,334 nav nav 80,340 nap
2007 188,469 7,509 nav 12,641 nav 21,961 175,359 nav 10 7,733 nav 2,924 107 22,555 1,824 3 7,698 nav 6,856 6,696 nap 28,996 47,937 17,805
2011 267,972 8,461 17,907 17,076 nav 28,270 228,738 nav 15 8,218 nav 2,916 187 24,707 344 4 11,256 2,752 8,842 10,174 nap nav 51,459 20,773
Table 9d (cont) Cheques 2009 54,927 5,587 6,555 73,113 29,705 39,679 5,088 nav 1,838 21,264 31,317 129,352 7,644 nap 1 6,556 80,583 5,665 588 239 nap 32,300 103,006 25,024 E-money payment transactions 2008 2009 2010 nap nap nap 48.3 40.5 31.9 2.6 2.9 5.0 nav nav nav nap nap nap 1.6 1.7 1.9 2.7 2.5 2.3 nav nav nav nav nav 0.3 113.0 121.0 163.5 63.7 106.0 158.0 20.7 22.0 42.8 nap nap nap 42.7 40.0 37.5 2.8 7.6 16.8 nap nap nap 278.8 265.7 285.2 nap nap nap nap nap nap 8.4 8.3 8.5 nav nav nav nav nav nav nav nav nav 5.2 6.8 10.1
1
2007 73,648 8,138 5,995 94,337 24,350 46,783 6,968 nav 2,851 27,124 30,785 148,062 10,262 nap 16 6,375 97,740 nav 962 295 nap 54,105 124,283 26,678
2008 64,304 6,893 7,330 90,506 27,732 47,333 6,818 nav 2,489 26,943 32,779 144,954 9,757 nap 2 7,377 92,221 nav 1,132 294 nap 44,871 112,702 26,645
2010 59,042 4,939 7,915 81,601 31,428 37,315 4,285 nav 1,868 18,621 33,468 149,834 7,315 nap 0 7,006 95,763 4,557 391 204 nap nav 93,601 25,558
2011 59,542 5,902 8,533 86,123 34,686 38,135 4,295 nav 1,772 18,284 nav 149,055 7,335 nap 0 7,436 104,981 3,214 487 197 nap nav 84,948 25,696
Please refer to the individual country tables for a detailed explanation. Converted at yearly average exchange rates, except as noted. 2 For credit transfers and e-money payment transactions, total for the fiscal year ending March of the following year, converted at average fiscal year exchange rates. 3 Sum or average excluding those countries for which data are not available. For credit transfers, data for France (prior to 2005) and the United Kingdom include interbank transactions. Since the value of these transactions is relatively large, cross-country comparison should be treated with caution; consequently, CPSS figures for credit transfers have not been calculated.
455
Comparative tables
Table 9d (cont) Card payments (except e-money) 2007 2008 2009 2010 11,267 12,517 12,341 15,151 6,282 7,195 7,057 7,096 746 957 1,012 1,476 11,927 13,011 11,966 13,735 308 436 755 1,152 6,683 7,590 7,345 7,412 2,387 2,694 2,648 2,736 nav nav nav nav 108 140 167 215 2,996 2,878 2,732 2,643 2,628 3,271 3,778 nav 7,454 7,306 6,707 8,120 399 450 402 491 6,717 7,734 7,354 7,424 180 330 278 432 3,723 4,451 4,676 5,227 5,813 6,740 6,672 8,017 nav nav 875 1,111 9,913 11,366 9,957 11,127 8,303 9,659 9,676 10,404 1,419 1,831 1,677 2,007 12,438 12,182 10,646 nav 10,914 11,479 11,037 11,947 1,947 2,140 2,165 2,490 of which: by cards with a debit function 2007 2008 2009 2010 2011 3,679 4,297 4,495 5,644 7,139 4,963 5,682 5,631 5,653 6,383 227 302 318 465 635 4,437 4,754 4,456 5,004 5,364 nav nav nav nav nav nav nav nav nav nav 1,731 1,985 1,967 2,029 2,366 nav nav nav nav nav 95 126 154 213 213 1,780 1,542 1,457 1,392 1,544 51 58 62 57 nav 419 498 582 907 1,260 155 178 167 214 266 5,902 6,769 6,537 6,630 7,075 165 306 256 400 747 3,723 4,451 4,676 5,227 6,364 2,539 2,991 3,084 3,547 4,120 nav nav nav nav nav 7,713 8,824 7,702 8,238 9,347 5,466 6,386 6,515 6,947 8,291 25 37 44 71 96 7,611 7,576 6,993 nav nav 3,927 4,414 4,718 5,330 nav 1,103 1,229 1,256 1,464 1,131
2011 18,285 8,021 1,941 15,084 2,432 8,397 3,190 nav 215 2,826 nav 9,562 603 8,001 805 6,364 9,523 1,246 12,457 12,432 2,224 nav nav 2,327
Table 9d (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 1,319 1,513 1,426 1,442 1,638 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 601 655 631 662 770 nav nav nav nav nav nav 0 1 1 0 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 815 964 816 794 925 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 534 590 490 486 554 nav nav nav nav nav nav nav nav nav nav 1,107 1,195 930 nav nav nav nav nav nav nav 831 124 106 113 120 by cards with a credit function 2008 2009 2010 8,221 7,846 9,507 nav nav nav 655 693 1,011 8,257 7,510 8,731 nav nav nav nav nav nav 54 50 46 5,589 5,568 6,473 14 11 1 1,336 1,275 1,251 3,213 3,716 nav 6,808 6,126 7,213 272 235 277 nap nap nap 25 22 33 139 143 169 3,748 3,588 4,470 nav nav nav 1,952 1,765 2,402 3,273 3,160 3,458 1,794 1,633 1,936 3,411 2,723 nav 7,065 6,319 6,617 1,645 1,523 1,579
1
2007 7,588 nav 519 7,490 nav nav 55 nav 13 1,217 2,577 7,034 244 nap 15 nap 3,273 nav 1,666 2,837 1,393 3,721 6,988 1,574
2011 11,146 nav 1,306 9,720 nav nav 55 7,375 1 1,281 nav 8,303 338 nap 58 205 5,403 nav 2,556 4,141 2,128 nav nav 922
456
Comparative tables
Table 9e
Use of payment instruments by non-banks: value of transactions as a ratio to GDP

(in %, total for the year) Credit transfers 2008 2009 2010 557 525 458 1,253 1,155 1,035 599 573 548 86 94 97 786 806 925 1,006 1,088 1,105 2,401 2,224 2,035 nav nav nav 1,101 999 897 472 486 511 550 520 538 809 884 913 794 1,572 1,609 983 971 980 1,222 959 829 157 205 169 57 59 58 nav 563 529 337 342 345 736 716 691 nav nav nav 5,682 4,838 4,434 148 151 159 nap nap nap Direct debits 2008 2009 2010 407.6 390.5 386.8 18.4 18.5 15.5 nav 156.9 145.6 30.9 32.9 33.0 nav nav nav 54.5 56.7 58.2 443.4 425.6 463.5 nav nav nav 1.2 1.1 1.0 21.9 23.7 23.5 nav nav nav 13.6 12.8 12.7 1.2 1.2 1.3 50.6 48.4 49.0 16.0 5.7 3.0 0.0 0.0 0.0 22.3 22.2 21.7 nav 32.1 29.2 14.4 14.9 15.1 11.3 11.2 11.7 nap nap nap 64.9 63.2 64.7 103.3 104.8 105.8 111.5 112.4 113.9
2007 570 1,217 534 81 916 974 2,411 nav 987 459 544 739 628 1,039 1,396 130 50 nav 321 732 nav 7,398 141 nap
2011 474 1,052 566 103 988 1,229 2,086 nav 839 511 nav 1,001 1,715 1,076 794 155 61 525 360 734 nav 4,457 166 nap
2011 399.7 18.1 141.1 33.8 nav 66.4 518.9 nav 0.9 22.6 nav 13.0 1.8 49.4 2.6 0.0 22.5 34.1 15.5 12.2 nap 69.0 106.4 119.9
Table 9e (cont) Cheques 2009 119.9 12.7 77.2 183.9 805.2 97.3 12.6 nav 161.2 60.1 79.3 762.4 92.7 nap 0.0 46.4 219.2 98.9 1.4 0.4 nap 91.2 226.1 216.4 E-money payment transactions 2008 2009 2010 nap nap nap 0.10 0.09 0.07 0.03 0.03 0.04 nav nav nav nap nap nap 0.00 0.00 0.00 0.01 0.01 0.01 nav nav nav nav nav 0.02 0.29 0.34 0.48 0.17 0.27 0.37 0.11 0.13 0.21 nap nap nap 0.08 0.08 0.08 0.02 0.09 0.16 nap nap nap 0.71 0.72 0.64 nap nap nap nap nap nap 0.01 0.01 0.01 nav nav nav nav nav nav nav nav nav 0.10 0.14 0.18
1
2007 162.9 18.8 82.4 218.0 918.9 115.2 17.2 nav 268.7 75.1 90.3 685.7 104.3 nap 0.2 41.3 252.9 nav 1.9 0.5 nap 116.8 266.9 232.3
2008 131.3 14.6 84.2 200.2 800.4 107.0 15.5 nav 223.4 69.4 86.4 762.2 94.8 nap 0.0 39.9 235.6 nav 2.2 0.4 nap 104.2 239.8 216.5
2010 104.7 11.5 71.4 176.3 725.8 94.4 10.6 nav 132.1 54.4 78.0 729.6 76.2 nap 0.0 42.4 213.8 62.9 0.8 0.3 nap 74.6 199.7 201.0
2011 88.8 12.6 67.2 170.5 638.5 89.5 9.7 nav 111.8 50.2 nav 664.6 69.2 nap 0.0 35.3 209.5 39.8 0.9 0.2 nap 63.6 175.6 199.2
Please refer to the individual country tables for a detailed explanation. Sum or average excluding those countries for which data are not available. For credit transfers, data for France (prior to 2005) and the United Kingdom include interbank transactions. Since the value of these transactions is relatively large, cross-country comparison should be treated with caution; consequently, CPSS figures for credit transfers have not been calculated.
457
Comparative tables
Table 9e (cont) Card payments (except e-money) 2007 2008 2009 2010 24.9 25.5 26.9 26.9 14.5 15.2 16.1 16.5 10.2 11.0 11.9 13.3 27.6 28.8 30.1 29.7 11.6 12.6 20.5 26.6 16.5 17.2 18.0 18.7 5.9 6.1 6.6 6.8 nav nav nav nav 10.2 12.6 14.6 15.2 8.3 7.4 7.7 7.7 7.7 8.6 9.6 nav 34.5 38.4 39.5 39.5 4.1 4.4 4.9 5.1 14.1 14.7 15.3 15.9 2.0 2.8 3.2 4.2 24.1 24.1 33.1 31.6 15.0 17.2 18.2 17.9 nav nav 15.3 15.3 19.6 21.6 22.9 22.6 14.0 14.2 14.8 14.9 15.5 17.8 19.8 20.2 26.8 28.3 30.1 31.0 23.4 24.4 24.2 25.5 16.8 17.2 18.6 21.1 of which: by cards with a debit function 2007 2008 2009 2010 2011 8.1 8.8 9.8 10.0 10.6 11.5 12.0 12.8 13.1 13.6 3.1 3.5 3.8 4.2 5.0 10.3 10.5 11.2 10.8 10.6 nav nav nav nav nav nav nav nav nav nav 4.3 4.5 4.9 5.0 5.4 nav nav nav nav nav 9.0 11.3 13.5 15.0 13.4 4.9 4.0 4.1 4.1 4.2 0.1 0.2 0.2 0.1 nav 1.9 2.6 3.4 4.4 5.6 1.6 1.7 2.0 2.2 2.5 12.4 12.8 13.6 14.2 14.1 1.8 2.6 3.0 3.8 5.7 24.1 24.1 33.1 31.6 30.2 6.6 7.6 8.4 7.9 8.2 nav nav nav nav nav 15.3 16.8 17.7 16.7 16.4 9.2 9.4 10.0 9.9 10.0 0.3 0.4 0.5 0.7 0.9 16.4 17.6 19.7 20.8 23.0 8.4 9.4 10.4 11.4 nav 7.0 7.5 8.2 8.7 9.6
2011 27.3 17.1 15.3 29.9 44.8 19.7 7.2 nav 13.5 7.8 nav 42.6 5.7 16.0 6.2 30.2 19.0 15.4 21.8 14.9 21.4 33.1 nav 23.6
Table 9e (cont) by cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 3.0 3.2 3.2 3.4 3.5 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 1.5 1.5 1.6 1.6 1.7 nav nav nav nav nav nav 0.0 0.1 0.1 0.0 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 1.7 1.8 1.7 1.7 1.8 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 1.1 1.1 1.1 1.0 1.0 nav nav nav nav nav nav nav nav nav nav 2.4 2.8 2.6 2.6 2.4 nav nav nav nav nav 1.9 1.8 1.7 1.6 1.6 by cards with a credit function 2008 2009 2010 16.8 17.1 16.9 nav nav nav 7.5 8.2 9.1 18.3 18.9 18.9 nav nav nav nav nav nav 0.1 0.1 0.1 17.7 18.2 19.9 1.2 1.0 0.1 3.4 3.6 3.7 8.5 9.4 nav 35.8 36.1 35.1 2.6 2.9 2.9 nap nap nap 0.2 0.3 0.3 0.8 1.0 1.0 9.6 9.8 10.0 nav nav nav 3.7 4.1 4.9 4.8 4.8 4.9 17.5 19.3 19.5 7.9 7.7 7.6 15.0 13.9 14.1 10.2 10.2 10.5
1
2007 16.8 nav 7.1 17.3 nav nav 0.1 nav 1.2 3.4 7.6 32.6 2.5 nap 0.2 nap 8.5 nav 3.3 4.8 15.2 8.0 15.0 10.3
2011 16.6 nav 10.3 19.2 nav nav 0.1 21.1 0.1 3.5 nav 37.0 3.2 nap 0.4 1.0 10.8 nav 4.5 5.0 20.5 7.8 nav 8.1
458
Comparative tables
Table 10
Cards issued in the country: number of cards

(millions, end of year) 1 Cards with a cash function 2008 2009 2010 54.82 58.22 62.89 18.72 19.26 19.45 222.50 237.17 295.28 nav nav nav 1,800 2,066 2,415 93.59 95.14 96.07 125.71 129.60 130.22 nav nav nav 162.36 200.56 245.96 47.03 44.82 49.71 472.82 346.40 349.04 nav nav nav 82.18 82.93 97.56 0.03 0.03 0.03 119.24 126.03 144.42 12.37 13.71 12.16 9.63 8.96 9.84 nav nav nav 10.65 10.88 11.10 12.10 12.59 13.20 38.14 38.53 41.03 168.28 162.21 165.07 952.40 855.20 795.10 4,402.96 4,508.18 4,953.45 Cards with an e-money function 2008 2009 2010 nap nap nap 11.44 11.32 11.66 0.94 1.27 1.66 nav nav nav nap nap nap 30.70 30.75 37.26 79.89 85.95 95.13 nav nav nav nav nav 117.42 8.21 10.63 12.36 105.03 129.89 151.74 13.04 14.47 16.51 nav nav nav 0.02 0.02 0.02 0.61 2.04 6.58 nap nap nap 14.71 15.33 18.32 nav nav nav nap nap nap 5.15 5.01 5.02 nap nap nap nav nav nav nav nav nav 269.73 306.67 473.69
2007 51.23 17.49 195.20 nav 1,499 91.75 123.56 nav 129.98 40.28 463.84 nav 76.69 0.03 103.50 11.10 8.93 nav 9.82 11.27 33.87 164.88 982.45 4,014.47
2011 58.40 20.01 324.75 nav 2,949 92.74 132.70 nav 296.40 53.28 nav nav 110.25 0.03 200.17 14.26 10.21 nav 11.40 14.05 45.17 165.10 nav 4,497.98
2007 nap 10.90 0.76 nav nap 26.73 77.77 nav nav 5.81 80.61 13.16 nav 0.02 0.46 nap 13.87 nav nap 4.81 nap nav nav 234.90
2011 nap 12.45 2.26 nav nap 33.09 96.48 nav 107.44 14.20 nav 18.34 nav 0.02 37.27 nap 20.44 nav nap 3.01 nap nav nav 345.00
Table 10 (cont) Cards with a payment function 2008 2009 2010 54.82 58.22 62.89 18.72 19.26 19.45 345.73 373.76 398.20 94.18 96.11 98.37 1800.39 2065.94 2415.31 85.47 86.95 84.86 122.88 125.99 127.62 14.05 14.50 15.45 162.36 200.56 245.96 73.05 68.21 70.04 726.83 734.33 nav 215.01 231.33 242.17 82.18 82.93 97.56 0.03 0.02 0.02 118.63 123.99 137.83 14.30 15.73 12.16 15.90 15.66 17.36 nav nav nav 19.72 20.22 20.03 12.16 12.70 13.37 103.95 109.05 116.87 144.77 140.18 142.65 1556.80 1386.40 1138.60 5,781.92 5,982.06 5,476.78 of which: cards with a debit function 2011 2007 2008 2009 2010 2011 58.40 32.35 35.34 37.93 41.36 37.25 20.01 13.7 14.7 15.0 15.1 15.7 402.47 182.4 207.9 221.5 226.1 233.3 102.10 21.26 21.50 22.30 23.90 23.30 2949.05 1,408.34 1,658.06 1,880.39 2,185.66 2,663.59 83.01 64.39 65.96 70.77 71.05 69.09 130.59 100.74 100.67 101.76 102.28 103.96 16.48 nav nav nav nav nav 296.40 102.44 137.43 181.97 227.84 278.28 67.36 33.10 37.06 33.19 36.17 37.55 nav 421.00 409.00 412.00 413.00 nav 257.98 101.95 118.78 124.34 125.59 135.84 110.25 51.87 56.94 60.83 75.17 85.60 0.02 0.03 0.03 0.02 0.02 0.02 162.90 94.10 109.33 115.39 127.79 147.87 14.26 11.10 12.37 13.71 12.16 14.26 18.54 8.93 9.63 8.96 9.84 10.21 nav nav nav nav nav nav 20.27 8.99 9.35 9.68 9.83 10.26 14.06 6.97 7.61 7.90 8.23 8.56 133.24 55.51 60.55 64.66 69.92 81.88 143.00 71.62 76.27 79.27 84.64 86.33 nav 273.86 276.30 278.80 281.30 nav 5,000.39 3,064.67 3,424.80 3,740.34 4,146.98 4,042.89
2007 51.23 17.49 300.12 89.67 1498.60 82.43 122.98 nav 129.98 67.60 729.59 190.72 76.69 0.03 103.04 12.87 14.58 nav 17.97 11.28 92.85 141.30 1600.61 5,351.64
459
Comparative tables
Table 10 (cont) cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 3.77 4.03 4.27 4.32 4.30 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 27.56 27.32 30.86 24.28 22.30 18.79 18.99 20.52 21.61 22.68 nav nav nav nav nav nap 0.23 0.26 0.07 0.47 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 0.69 0.70 0.71 0.67 0.66 nav nav nav nav nav nap nap nap nap nap 2.36 2.34 2.31 2.40 2.19 nav nav nav nav nav 53.17 53.60 58.93 53.35 52.60
2
1
2007 18.88 nav 117.72 68.41 90.26 32.72 3.45 nav 27.55 34.51 308.59 88.77 24.82 nap 8.94 1.76 5.65 nav 8.30 4.31 37.34 67.31 1,326.75 2,276.04
cards with a credit function 2008 2009 2010 19.48 20.29 21.54 nav nav nav 137.79 152.29 172.10 72.68 73.81 74.47 142.33 185.56 229.65 34.01 34.51 31.61 3.22 3.70 3.73 14.05 14.50 15.45 24.70 18.33 18.04 35.98 35.03 33.86 317.83 322.33 nav 96.24 106.99 116.58 25.24 22.10 22.40 nap nap nap 9.30 8.60 10.05 1.93 2.02 nav 6.28 6.70 7.52 nav nav nav 9.66 9.84 9.54 4.55 4.80 5.13 43.39 44.39 46.96 66.16 58.60 55.60 1,280.50 1,107.60 857.30 2,345.32 2,231.98 1,731.54
2011 21.15 nav 169.14 78.80 285.46 27.56 3.95 16.48 17.65 29.80 nav 122.14 24.65 nap 15.03 nav 8.33 nav 9.35 5.50 51.36 54.48 nav 940.85
Please refer to the individual country tables and the footnotes to Comparative Table 9 for a detailed explanation. Except as noted. Sum or average excluding those countries for which data are not available.
460
Comparative tables
Table 10a
Cards issued in the country: increase in the number of cards

(% change on previous year) Cards with a cash function 2008 2009 2010 7.0 6.2 8.0 7.0 2.9 1.0 14.0 6.6 24.5 nav nav nav 20.1 14.7 16.9 2.0 1.7 1.0 1.7 3.1 0.5 nav nav nav 24.9 23.5 22.6 16.8 -4.7 10.9 1.9 -26.7 0.8 nav nav nav 7.1 0.9 17.7 -1.4 -2.4 0.5 15.2 5.7 14.6 11.4 10.9 -11.3 7.7 -6.9 9.8 nav nav nav 8.5 2.1 2.1 7.3 4.1 4.8 12.6 1.0 6.5 2.1 -3.6 1.8 -3.1 -10.2 -7.0 9.7 2.4 9.9 Cards with an e-money function 2008 2009 2010 nav nav nav 4.9 -1.1 3.0 23.4 35.0 30.4 nav nav nav nav nav nav 14.9 0 21.2 2.7 7.6 10.7 nav nav nav nav nav nav 41.4 29.5 16.3 30.3 23.7 16.8 -0.9 11.0 14.1 nav nav nav 0.6 31.9 -1.0 34.4 233.7 222.4 nav nav nav 6.0 4.2 19.5 nav nav nav nav nav nav 7.0 -2.7 0.4 nav nav nav nav nav nav nav nav nav 14.8 13.7 16.2
2007 6.1 5.3 4.6 nav 33.0 7.1 18.6 nav 32.5 4.9 1.7 nav 4.9 -99.9 38.4 11.4 8.2 nav 4.2 8.0 13.3 0.5 4.8 14.4
2011 -7.1 2.9 10.0 nav 22.1 -3.5 1.9 nav 20.5 7.2 nav nav 13.0 0.2 38.6 17.3 3.7 nav 2.7 6.4 10.1 0.0 nav 18.1
2007 nav 1.0 36.6 nav nav 21.6 18.0 nav nav 30.1 nav -42.4 nav -99.9 152.4 nav 15.2 nav nav 4.2 nav nav nav -4.5
2011 nav 6.8 35.9 nav nav -11.2 1.4 nav -8.5 14.9 nav 11.1 nav 0.8 466.0 nav 11.6 nav nav -40.2 nav nav nav 7.2
Table 10a (cont) Cards with a payment function 2008 2009 2010 7.0 6.2 8.0 7.0 2.9 1.0 15.2 8.1 6.5 5.0 2.0 2.4 20.1 14.7 16.9 3.7 1.7 -2.4 -0.1 2.5 1.3 nav 3.2 6.6 24.9 23.5 22.6 8.1 -6.6 2.7 -0.4 1.0 nav 12.7 7.6 4.7 7.1 0.9 17.7 -0.5 -3.3 0.1 15.1 4.5 11.2 11.1 10.0 -22.7 9.0 -1.5 10.9 nav nav nav 9.7 2.5 -0.9 7.8 4.5 5.2 12.0 4.9 7.2 2.5 -3.2 1.8 -2.7 -10.9 -17.9 7.8 3.5 4.4 of which: cards with a debit function 2007 2008 2009 2010 2011 5.8 9.2 7.3 9.0 -9.9 4.1 7.1 2.0 0.9 3.8 4.5 14.0 6.5 2.1 3.2 4.8 1.1 3.7 7.2 -2.5 30.9 17.7 13.4 16.2 21.9 14.3 2.4 7.3 0.4 -2.8 12.3 -0.1 1.1 0.5 1.6 nav nav nav nav nav 36.6 34.2 32.4 25.2 22.1 1.5 12.0 -10.5 9.0 3.8 3.4 -2.9 0.7 0.2 nav 13.0 16.5 4.7 1.0 8.2 0.3 9.8 6.8 23.6 13.9 -99.9 -0.5 -3.3 0.1 0.1 36.5 16.2 5.5 10.7 15.7 11.4 11.4 10.9 -11.3 17.3 8.2 7.7 -6.9 9.8 3.7 nav nav nav nav nav 4.5 4.0 3.4 1.6 4.4 5.8 9.1 3.9 4.2 4.0 3.8 9.1 6.8 8.1 17.1 4.8 6.5 3.9 6.8 2.0 0.9 0.9 0.9 0.9 nav 16.2 11.8 9.2 10.9 17.1
2007 6.1 5.3 15.6 9.3 33.0 -25.4 13.9 nav 32.5 5.8 4.3 4.4 4.9 -99.9 38.2 13.0 9.3 nav 28.1 7.8 8.1 -1.1 0.7 10.7
2011 -7.1 2.9 1.1 3.8 22.1 -2.2 2.3 6.7 20.5 -3.8 nav 6.5 13.0 0.1 18.2 17.3 6.8 nav 1.2 5.2 14.0 0.2 nav 15.3
461
Comparative tables
Table 10a (cont) cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 10.1 6.8 6.0 1.2 -0.4 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 9.0 -0.9 13.0 -21.3 -8.2 2.9 1.1 8.1 5.3 4.9 nav nav nav nav nav nav nav 13.0 -72.2 546.6 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav -19.2 2.5 0.4 -5.9 -0.9 nav nav nav nav nav nav nav nav nav nav -52.1 -0.9 -1.3 4.1 -8.8 nav nav nav nav nav 0.8 0.4 9.9 -9.5 -1.4
2
1
2007 6.5 nav 38.1 10.8 78.3 13.2 nav nav 19.1 10.3 5.4 -4.0 16.2 nav 58.0 24.1 11.0 nav 81.2 11.3 15.1 -3.2 0.7 5.9
cards with a credit function 2008 2009 2010 3.2 4.2 6.2 nav nav nav 17.0 10.5 13.0 6.2 1.5 0.9 57.7 30.4 23.8 3.9 1.5 -8.4 -6.7 15.0 0.6 nav 3.2 6.6 -10.3 -25.8 -1.6 4.3 -2.7 -3.3 3.0 1.4 nav 8.4 11.2 9.0 1.7 -12.5 1.4 nav nav nav 3.9 -7.5 16.8 9.6 4.5 nav 11.1 6.8 12.2 nav nav nav 16.4 1.8 -3.0 5.7 5.4 6.9 16.2 2.3 5.8 -1.7 -11.4 -5.1 -3.5 -13.5 -22.6 2.4 -4.8 -9.2
2011 -1.8 nav -1.7 5.8 24.3 -12.8 5.9 6.7 -2.1 -12.0 nav 4.8 10.1 nav 49.5 nav 10.8 nav -2.0 7.1 9.4 -2.0 nav 7.6
Please refer to the individual country tables and the footnotes to Comparative Table 9 for a detailed explanation. The data collection methodology has been changed from 2009. Sum or average excluding those countries for which data are not available.
462
Comparative tables
Table 10b
Cards issued in the country: number of cards per inhabitant

(end of year) 1 Cards with a cash function 2008 2009 2010 2.56 2.67 2.85 1.75 1.78 1.78 1.17 1.24 1.53 nav nav nav 1.36 1.55 1.81 1.46 1.48 1.48 1.53 1.58 1.59 nav nav nav 0.14 0.17 0.21 0.79 0.75 0.83 3.70 2.72 2.73 nav nav nav 0.77 0.77 0.90 0.00 0.00 0.00 0.84 0.88 1.01 0.48 0.51 0.44 1.99 1.80 1.94 nav nav nav 1.15 1.16 1.18 1.57 1.61 1.68 0.53 0.53 0.56 2.74 2.63 nav 3.13 2.79 2.57 1.16 1.18 1.31 Cards with an e-money function 2008 2009 2010 nap nap nap 1.07 1.05 1.06 0.00 0.01 0.01 nav nav nav nap nap nap 0.48 0.48 0.57 0.97 1.05 1.16 nav nav nav nav nav 0.10 0.14 0.18 0.21 0.82 1.02 1.18 0.27 0.29 0.33 nav nav nav 0.00 0.00 0.00 0.00 0.01 0.05 nap nap nap 3.04 3.07 3.61 nav nav nav nap nap nap 0.67 0.64 0.64 nap nap nap nav nav nav nav nav nav 0.36 0.41 0.24
2007 2.43 1.65 1.04 nav 1.14 1.44 1.50 nav 0.11 0.68 3.63 nav 0.73 0.00 0.73 0.45 1.95 nav 1.07 1.48 0.48 2.70 3.26 1.07
2011 2.61 1.82 1.67 nav 2.19 1.42 1.62 nav 0.25 0.88 nav nav 1.01 0.00 1.40 0.50 1.97 nav 1.21 1.77 0.60 nav nav 1.33
2007 nap 1.03 0.00 nav nap 0.42 0.95 nav nav 0.10 0.63 0.27 nav 0.00 0.00 nap 3.02 nav nap 0.63 nap nav nav 0.31
2011 nap 1.13 0.01 nav nap 0.51 1.18 nav 0.09 0.24 nav 0.37 nav 0.00 0.26 nap 3.94 nav nap 0.38 nap nav nav 0.19
Table 10b (cont) Cards with a payment function 2008 2009 2010 2.56 2.67 2.85 1.75 1.78 1.78 1.82 1.95 2.06 2.83 2.85 2.89 1.36 1.55 1.81 1.34 1.35 1.31 1.50 1.54 1.56 2.02 2.07 2.19 0.14 0.17 0.21 1.23 1.14 1.17 5.69 5.76 nav 4.39 4.70 4.90 0.77 0.77 0.90 0.00 0.00 0.00 0.84 0.87 0.96 0.55 0.59 0.44 3.29 3.14 3.42 nav nav nav 2.13 2.16 2.13 1.58 1.63 1.70 1.45 1.50 1.59 2.36 2.27 nav 5.12 4.52 3.68 1.49 1.53 1.46 of which: cards with a debit function 2007 2008 2009 2010 2011 1.54 1.65 1.74 1.87 1.67 1.29 1.37 1.39 1.38 1.43 0.97 1.10 1.16 1.17 1.20 0.65 0.65 0.66 0.70 0.68 1.07 1.25 1.41 1.63 1.98 1.01 1.03 1.10 1.10 1.06 1.22 1.23 1.24 1.25 1.27 nav nav nav nav nav 0.09 0.12 0.16 0.19 0.23 0.56 0.62 0.56 0.60 0.62 3.29 3.20 3.23 3.23 nav 2.10 2.43 2.53 2.54 2.73 0.49 0.54 0.57 0.70 0.79 0.00 0.00 0.00 0.00 0.00 0.66 0.77 0.81 0.89 1.03 0.45 0.48 0.51 0.44 0.50 1.95 1.99 1.80 1.94 1.97 nav nav nav nav nav 0.98 1.01 1.04 1.04 1.09 0.91 0.99 1.01 1.05 1.08 0.79 0.85 0.89 0.95 1.10 1.17 1.24 1.28 nav nav 0.91 0.91 0.91 0.91 nav 0.80 0.89 0.96 1.07 1.17
2007 2.43 1.65 1.60 2.73 1.14 1.30 1.50 nav 0.11 1.15 5.71 3.92 0.73 0.00 0.73 0.52 3.18 nav 1.96 1.48 1.32 2.32 5.31 1.40
2011 2.61 1.82 2.06 2.96 2.19 1.27 1.60 2.32 0.25 1.12 nav 5.18 1.01 0.00 1.14 0.50 3.58 nav 2.14 1.77 1.78 nav nav 1.44
463
Comparative tables
Table 10b (cont) cards with a delayed debit function 2007 2008 2009 2010 2011 nav nav nav nav nav 0.35 0.38 0.40 0.39 0.39 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 0.43 0.43 0.48 0.37 0.34 0.23 0.23 0.25 0.26 0.28 nav nav nav nav nav nap 0.00 0.00 0.00 0.00 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav 0.08 0.08 0.08 0.07 0.07 nav nav nav nav nav nap nap nap nap nap 0.04 0.04 0.04 nav nav nav nav nav nav nav 0.23 0.04 0.04 0.04 0.04
2
1
2007 0.90 nav 0.63 2.08 0.07 0.51 0.04 nav 0.02 0.59 2.42 1.83 0.24 nap 0.06 0.07 1.23 nav 0.91 0.57 0.53 1.10 4.40 0.60
cards with a credit function 2008 2009 2010 0.91 0.93 0.97 nav nav nav 0.73 0.80 0.89 2.18 2.19 2.19 0.11 0.14 0.17 0.53 0.54 0.49 0.04 0.05 0.05 2.02 2.07 2.19 0.02 0.02 0.02 0.61 0.59 0.56 2.49 2.53 nav 1.97 2.18 2.36 0.24 0.21 0.21 nap nap nap 0.07 0.06 0.07 0.07 0.08 nav 1.30 1.34 1.48 nav nav nav 1.04 1.05 1.01 0.59 0.62 0.65 0.61 0.61 0.64 1.08 0.95 nav 4.21 3.61 2.77 0.61 0.58 0.47
2011 0.95 nav 0.87 2.29 0.21 0.42 0.05 2.32 0.01 0.49 nav 2.45 0.23 nap 0.11 nav 1.61 nav 0.99 0.69 0.69 nav nav 0.28
Please refer to the individual country tables and the footnotes to Comparative Table 9 for a detailed explanation. Except as noted. Sum or average excluding those countries for which data are not available.
464
Comparative tables
Table 11
Terminals located in the country: number of terminals

(thousands, end of year) ATMs 2009 27.1 15.3 165.6 58.2 214.9 54.9 79.4 nav 60.2 54.3 138.6 101.5 33.9 8.5 88.1 10.0 2.1 21.0 3.3 6.2 23.8 62.2 425.0 1,654.1 POS terminals 2008 2009 2010 669.6 697.8 707.3 124.9 135.1 138.3 4,233.0 4,712.6 4,821.9 630.5 708.7 727.3 1,845.1 2,273.4 3,334.0 1,376.6 1,391.7 1,426.7 593.0 645.4 678.2 nav nav nav 450.0 485.5 589.3 1,334.5 1,458.7 1,223.8 1,706.1 1,723.4 1,859.4 nav nav nav 446.0 446.8 482.3 234.4 244.2 258.6 333.2 354.4 434.5 72.4 82.6 80.5 83.9 81.5 98.7 nav 236.6 273.8 196.0 217.8 203.1 140.3 143.4 151.8 1,632.6 1,738.7 1,823.5 1,095.0 1,179.2 1,252.7 5,175.5 nav nav 22,372.7 18,957.4 20,565.9
Australia Belgium Brazil Canada China France Germany Hong Kong SAR India Italy Japan Korea Mexico Netherlands Russia Saudi Arabia Singapore South Africa Sweden Switzerland Turkey United Kingdom United States1 CPSS2
2007 26.1 15.4 153.2 55.6 127.6 52.2 75.8 nav 30.0 48.1 138.4 93.7 29.3 8.5 54.8 7.5 1.9 nav 2.8 5.9 18.8 63.4 415.3 1,424.4
2008 27.1 15.5 158.4 57.9 167.5 53.3 77.7 nav 40.0 54.7 139.2 98.2 31.9 8.7 75.0 8.9 2.0 nav 2.8 6.1 22.0 63.9 406.1 1,516.9
2010 30.1 15.6 174.9 59.6 271.1 56.2 82.5 nav 74.5 51.4 137.7 110.3 35.9 7.9 116.2 10.9 2.4 23.3 3.4 6.4 27.6 63.1 nav 1,361.0
2011 30.8 15.8 173.9 60.0 333.8 58.2 84.3 nav 95.7 51.8 nav nav 36.4 7.8 141.9 11.8 2.5 24.1 3.6 6.7 32.5 64.4 nav 1,235.8
2007 628.8 121.9 3,269.4 603.2 1,181.2 1,242.6 566.0 nav 420.0 1,219.4 1,682.6 nav 418.1 224.0 239.4 61.6 71.3 nav 187.3 126.8 1,453.9 1,050.7 5,146.5 19,914.8
2011 751.1 140.9 5,852.8 740.0 4,826.5 1,443.7 710.9 nav 660.9 1,254.5 nav nav 547.7 279.6 528.5 88.8 89.9 277.5 205.2 154.0 1,976.8 1,360.6 nav 21,890.0
Table 11 (cont) E-money card loading/unloading terminals 2007 2008 2009 2010 2011 nap nap nap nap nap 125.5 125.4 117.6 112.4 nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap 122.2 106.0 101.2 106.8 96.0 31.4 47.1 49.3 52.6 52.8 nav nav nav nav nav nav nav nav nav nav 12.4 17.0 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 4.2 4.2 4.1 3.8 2.9 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 5.9 6.1 6.2 6.4 6.7 nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 301.5 305.8 278.5 281.8 158.4
2
1
E-money card payment terminals 2007 2008 2009 2010 nap nap nap nap 80.1 77.1 73.5 65.6 nav nav nav nav nav nav nav nav nap nap nap nap 147.6 132.8 127.8 133.7 334.3 316.7 302.1 236.6 nav nav nav nav nav nav nav nav 224.3 230.3 nav nav 358.0 479.8 664.7 888.6 nav nav nav nav nav nav nav nav 99.4 88.7 82.2 68.3 nav nav nav nav nap nap nap nap 79.7 94.6 104.2 134.2 nap nap nap nap nap nap nap nap 12.9 13.1 13.4 13.8 nap nap nap nap nav nav nav nav nav nav nav nav 1,336.2 1,433.1 1,367.8 1,540.7
2011 nap nav nav nav nap 124.7 236.1 nav nav nav nav nav nav 42.5 nav nap 108.3 nap nap 13.9 nap nav nav 525.5
Please refer to the individual country tables for a detailed explanation. For POS terminals, PIN-based debit terminals only. Sum or average excluding those countries for which data are not available.
465
Comparative tables
Table 11a
Terminals located in the country: increase in the number of terminals

(% change on previous year) ATMs 2009 -0.1 -1.3 4.5 0.5 28.3 3.0 2.1 nav 50.4 -0.7 -0.4 3.4 6.2 -1.7 17.5 11.9 6.6 nav 18.0 2.4 8.3 -2.7 4.6 7.7 POS terminals 2008 2009 2010 6.5 4.2 1.4 2.5 8.1 2.4 29.5 11.3 2.3 4.5 12.4 2.6 56.2 23.2 46.7 10.8 1.1 2.5 4.8 8.8 5.1 nav nav nav 7.1 7.9 21.4 9.4 9.3 -16.1 1.4 1.0 7.9 nav nav nav 6.7 0.2 7.9 4.6 4.2 5.9 39.2 6.3 22.6 17.5 14.2 -2.6 17.7 -2.9 21.2 nav nav 15.7 4.6 11.1 -6.7 10.7 2.2 5.9 12.3 6.5 4.9 4.2 7.7 6.2 0.6 nav nav 12.3 8.9 8.5
2007 1.2 5.0 3.8 4.1 26.0 9.1 40.6 nav 0.0 10.1 0.1 8.6 14.2 5.3 38.8 24.1 6.5 nav 0.1 3.4 13.9 4.9 5.1 9.2
2008 3.9 0.2 3.4 4.1 31.3 2.2 2.6 nav 33.3 13.8 0.6 4.7 8.9 1.3 36.9 17.9 4.9 nav 0.1 2.6 16.9 0.8 -2.2 6.5
2010 11.2 2.0 5.6 2.4 26.2 2.4 3.9 nav 23.9 -5.5 -0.6 8.7 6.0 -6.9 31.8 9.4 14.7 10.6 1.0 2.4 16.2 1.5 nav 10.7
2011 2.5 1.2 -0.6 0.7 23.1 3.4 2.1 nav 28.4 0.9 nav nav 1.4 -1.5 22.2 8.1 3.3 3.5 6.4 4.4 17.4 2.0 nav 11.0
2007 10.2 5.8 31.2 1.9 44.4 8.8 -2.1 nav 31.3 4.4 8.6 nav 37.0 4.4 39.6 7.7 2.8 nav 1.5 8.8 13.3 -0.2 -0.7 10.7
2011 6.2 1.9 21.4 1.7 44.8 1.2 4.8 nav 12.1 2.5 nav nav 13.6 8.1 21.6 10.3 -9.0 1.3 1.0 1.4 8.4 8.6 nav 17.0
Table 11a (cont) E-money card loading/unloading terminals 2007 2008 2009 2010 2011 nav nav nav nav nav -3.1 0.0 -6.2 -4.4 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 176.5 -13.3 -4.5 5.5 -10.1 -4.8 50.3 4.6 6.6 0.5 nav nav nav nav nav nav nav nav nav nav 1.9 37.5 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 0.9 -0.1 -1.3 -9.0 -22.8 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 3.4 2.6 2.4 2.4 4.4 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 31.8 1.4 -3.6 1.2 -6.5 E-money card payment terminals 2007 2008 2009 2010 nav nav nav nav -9.9 -3.8 -4.7 -10.7 nav nav nav nav nav nav nav nav nav nav nav nav 80.0 -10.0 -3.7 4.6 48.8 -5.3 -4.6 -21.7 nav nav nav nav nav nav nav nav 20.4 2.7 nav nav nav 34.0 38.5 33.7 nav nav nav nav nav nav nav nav -5.4 -10.7 -7.3 -17.0 nav nav nav nav nav nav nav nav 2.1 18.7 10.1 28.8 nav nav nav nav nav nav nav nav -29.5 2.1 2.2 2.8 nav nav nav nav nav nav nav nav nav nav nav nav 24.9 7.3 13.7 12.6
1
2011 nav nav nav nav nav -6.7 -0.2 nav nav nav nav nav nav -37.7 nav nav -19.3 nav nav 0.6 nav nav nav -10.4
Please refer to the individual country tables for a detailed explanation. Sum or average excluding those countries for which data are not available.
466
Comparative tables
Table 11b
Terminals located in the country: number of terminals per million inhabitants

(end of year) ATMs 2009 1,241 1,415 865 1,728 161 854 970 nav 51 909 1,087 2,065 317 513 619 373 427 424 355 798 328 1,006 1,385 419 POS terminals 2008 2009 31,232 31,983 11,664 12,519 22,325 24,611 18,954 21,045 1,393 1,708 21,522 21,642 7,221 7,883 nav nav 390 415 22,490 24,412 13,361 13,515 nav nav 4,198 4,171 14,217 14,735 2,348 2,488 2,806 3,099 17,337 16,335 nav 4,768 21,178 23,312 18,201 18,382 22,829 23,962 17,834 19,083 17,019 nav 5,863 5,278
2007 1,238 1,454 816 1,691 97 820 921 nav 26 817 1,083 1,929 278 521 386 302 415 nav 307 778 266 1,040 1,379 372
2008 1,263 1,445 835 1,741 126 834 947 nav 35 922 1,090 2,006 301 525 528 345 413 nav 304 789 307 1,041 1,336 392
2010 1,362 1,422 905 1,749 203 868 1,009 nav 63 855 1,076 2,233 333 475 813 395 481 464 356 811 375 nav nav 377
2011 1,379 1,437 892 1,742 248 893 1,030 nav 80 859 nav nav 335 466 993 415 487 475 377 837 434 nav nav 357
2007 29,859 11,473 17,424 18,345 896 19,537 6,881 nav 369 20,710 13,169 nav 3,969 13,653 1,685 2,468 15,531 nav 20,473 16,646 20,597 17,229 17,085 5,264
2010 32,008 12,625 24,951 21,346 2,493 22,009 8,295 nav 497 20,380 14,520 nav 4,467 15,525 3,040 2,921 19,448 5,461 21,571 19,293 24,735 nav nav 5,778
2011 33,577 12,843 30,025 21,488 3,592 22,152 8,693 nav 550 20,795 nav nav 5,033 16,717 3,697 3,129 17,337 5,481 21,701 19,362 26,455 nav nav 6,326
Table 11b (cont) E-money card loading/unloading terminals 2007 2008 2009 2010 2011 nap nap nap nap nap 11,812 11,715 10,900 10,263 nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap 1,921 1,657 1,574 1,647 1,473 381 574 602 643 646 nav nav nav nav nav nav nav nav nav nav 210 286 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 256 254 249 226 174 nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap 778 789 798 811 837 nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav 1,260 1,273 1,536 1,548 923 E-money card payment terminals 2007 2008 2009 2010 nap nap nap nap 7,545 7,201 6,808 5,988 nav nav nav nav nav nav nav nav nap nap nap nap 2,320 2,076 1,988 2,063 4,063 3,856 3,689 2,894 nav nav nav nav nav nav nav nav 3,809 3,881 nav nav 2,802 3,757 5,213 6,939 nav nav nav nav nav nav nav nav 6,057 5,381 4,959 4,099 nav nav nav nav nap nap nap nap 17,362 19,546 20,884 26,425 nap nap nap nap nap nap nap nap 1,690 1,704 1,721 1,754 nap nap nap nap nav nav nav nav nav nav nav nav 3,594 3,843 4,358 4,888
1
2011 nap nav nav nav nap 1,914 2,887 nav nav nav nav nav nav 2,541 nav nap 20,884 nap nap 1,746 nap nav nav 2,972
467
Comparative tables
Table 12
Transactions at terminals: number of cash withdrawals and loading transactions

(millions, total for the year) 1 Cash withdrawals at ATMs located in the country with cards issued outside the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 nav nav nav nav nav nav nav nav nav 8.58 9.29 8.91 9.25 9.05 309.03 348.27 375.70 391.12 nav nav nav nav nav 2,405.57 2,760.00 2,736.71 2,936.78 nav nav nav nav nav nav nav nav nav nav nav nav nav nav 4,072.03 5,174.55 6,357.79 8,358.72 30.26 30.57 32.85 35.24 37.14 1,531.21 1,593.81 1,614.47 1,601.74 nap nap nap nap nap 1,945.14 2,002.98 2,045.98 2,040.19 nav nav nav nav nav nav nav nav nav 7.22 4.40 6.10 7.20 12.47 1,772.40 2,348.60 3,344.30 4,229.39 nap nap 1.14 1.26 1.46 489.46 541.66 539.19 708.73 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 16.52 17.70 16.67 16.97 16.40 1,202.60 1,278.07 1,287.10 1,355.97 18.40 29.01 16.27 17.38 19.73 469.16 473.00 454.88 434.24 12.56 15.12 12.12 13.27 15.84 1,211.35 1,508.72 1,698.01 2,001.20 nap nap nap nap nap 644.79 854.88 925.65 1,059.87 nav nav nav nav nav 6.77 7.30 204.80 213.80 nav nav nav nav nav nav nav 875.89 955.01 5.00 4.00 nav nav nav 306.00 305.00 nav nav 6.58 7.14 6.68 6.41 5.96 107.43 111.57 113.71 116.05 8.24 9.14 9.79 11.49 12.35 617.68 670.43 739.25 790.80 nav nav nav nav nav 2,834.00 2,876.00 2,916.00 2,786.00 nav nav nav nav nav nav nav nav nav nap nap nap nap nap 19,924.61 22,854.84 26,229.44 29,979.59
2011 nav 405.67 3,133.54 nav 10,312.71 1,630.14 2,097.84 nav 5,071.64 700.51 nav nav 1,375.06 437.05 2,372.18 1,239.31 201.72 1,046.29 nav 120.56 854.01 2,874.00 nav 33,872.21
Table 12 (cont) Cash withdrawals at ATMs located outside the E-money loading/unloading transactions at country terminals in the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nap nap nap nap nap 11.91 13.20 14.16 14.63 14.08 14.27 12.64 11.08 9.36 8.28 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap 39.11 39.94 41.78 44.04 47.04 2.88 3.69 4.47 5.01 5.56 39.44 39.42 39.92 40.20 42.56 8.65 7.93 7.59 7.56 6.50 nav nav nav nav nav nav nav nav nav nav 2.33 2.90 3.40 4.73 5.13 nap nap nap nav nav nap nap 5.49 5.89 6.49 29.71 41.11 nav 17.84 23.37 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav 5.32 5.36 4.39 4.68 5.15 nav nav nav nav nav 34.74 40.21 40.57 44.18 38.13 25.08 25.66 27.14 26.96 25.77 nav nav nav nav nav nav nav nav nav nav 4.38 5.13 5.40 5.77 5.95 nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap 8.00 8.00 nav nav nav nap nap nap nap nap 10.66 11.48 12.43 12.98 14.16 1.05 1.02 0.97 0.88 0.59 1.74 2.05 1.99 2.65 3.11 nav nav nav nav nav 3.00 3.00 3.00 3.00 1.00 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 160.63 170.68 172.53 182.75 182.80 81.64 92.05 51.25 67.61 70.07
1
Please refer to the individual country tables for a detailed explanation. Except as noted. 2 Sum or average excluding those countries for which data are not available. Excludes data for the United States, for which only 2003 data are available.
468
Comparative tables
Table 12a
Transactions at terminals: increase in the number of cash withdrawals and loading transactions
(% change on previous year) Cash withdrawals at ATMs located in the country with cards issued outside the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 nav nav nav nav nav nav nav nav nav 15.6 8.3 -4.1 3.8 -2.1 17.2 12.7 7.9 4.1 nav nav nav nav nav 13.7 14.7 -0.8 7.3 nav nav nav nav nav nav nav nav nav nav nav nav nav nav 27.2 27.1 22.9 31.5 6.6 1.0 7.5 7.3 5.4 5.0 4.1 1.3 -0.8 nav nav nav nav nav -20.5 3.0 2.1 -0.3 nav nav nav nav nav nav nav nav nav 104.5 -39.1 38.6 18.0 73.2 40.5 32.5 42.4 26.5 nav nav nav 10.4 15.6 4.1 10.7 -0.5 31.4 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 8.6 7.1 -5.9 1.8 -3.3 8.6 6.3 0.7 5.4 28.7 57.7 -43.9 6.8 13.5 -1.1 0.8 -3.8 -4.5 16.4 20.3 -19.8 9.5 19.3 33.1 24.5 12.5 17.9 nav nav nav nav nav 70.5 32.6 8.3 14.5 nav nav nav nav nav 32.2 7.9 2,705.1 4.4 nav nav nav nav nav nav nav nav 9.0 -16.7 -20.0 nav nav nav -0.3 -0.3 nav nav 9.7 8.5 -6.4 -4.0 -7.0 1.9 3.9 1.9 2.1 4.5 11.0 7.1 17.4 7.5 7.4 8.5 10.3 7.0 nav nav nav nav nav 3.0 1.5 1.4 -4.5 nav nav nav nav nav nav nav nav nav nap nap nap nap nap 11.7 14.7 12.4 14.3
2011 nav 3.7 6.7 nav 23.4 1.8 2.8 nav 19.9 -1.2 nav nav 1.4 0.6 18.5 16.9 -5.6 9.6 nav 3.9 8.0 3.2 nav 13.0
Table 12a (cont) Cash withdrawals at ATMs located outside the E-money loading/unloading transactions at country terminals in the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nap nap nap nap nap 9.6 10.8 7.3 3.3 -3.7 -9.3 -11.4 -12.4 -15.5 -11.5 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 16.7 2.1 4.6 5.4 6.8 40.2 28.1 21.3 12.1 10.8 nav -0.1 1.3 0.7 5.9 72.3 -8.3 -4.3 -0.4 -14.0 nav nav nav nav nav nav nav nav nav nav 32.4 24.5 17.2 39.1 8.6 nav nav nav nav nav nav nav nav 7.3 10.1 8.5 38.4 nav nav 31.0 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 7.9 0.8 -18.1 6.5 10.0 nav nav nav nav nav 11.9 15.7 0.9 8.9 -13.7 7.6 2.3 5.8 -0.7 -4.4 nav nav nav nav nav nav nav nav nav nav 128.8 17.0 5.3 6.9 3.1 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 14.3 0.0 nav nav nav nav nav nav nav nav 7.7 7.7 8.3 4.4 9.1 5.0 -2.9 -4.9 -9.3 -33.0 -21.9 17.9 -2.7 33.4 17.1 nav nav nav nav nav 0.0 0.0 0.0 0.0 -66.7 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 14.2 6.3 2.7 5.9 0.0 9.6 12.7 0.6 -2.9 3.6
1
469
Comparative tables
Table 13
Transactions at terminals: value of cash withdrawals and loading transactions

(USD billions, total for the year) 1 Cash withdrawals at ATMs located in the country with cards issued outside the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nav nav nav nav nav 1.73 1.94 1.75 1.76 1.82 46.60 56.76 60.44 60.86 68.59 nav nav nav nav nav 255.66 307.50 319.74 419.69 505.43 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 510.86 770.05 984.42 1,356.98 1,911.73 7.37 7.89 7.36 7.38 8.53 146.12 168.02 168.11 163.19 177.75 nap nap nap nap nap 408.87 455.29 441.53 417.38 463.63 nav nav nav nav nav nav nav nav nav nav 0.75 0.88 0.95 1.18 1.80 105.35 141.10 174.49 242.72 244.99 nap nap 0.34 0.37 0.44 124.64 143.25 127.78 162.61 172.19 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 2.78 3.17 2.93 3.09 3.22 142.59 153.85 133.32 152.87 168.65 2.86 4.99 3.58 3.73 4.55 75.93 80.71 74.83 68.79 72.14 2.73 3.21 2.25 2.41 3.01 192.47 280.35 243.92 321.08 424.90 0.33 0.42 0.47 0.54 0.70 82.33 101.07 109.68 124.90 154.21 nav nav nav nav nav 0.86 1.07 34.05 41.38 41.92 nav nav nav nav nav nav nav 60.69 79.43 91.65 0.74 0.46 nav nav nav 33.29 34.00 nav nav nav 1.36 1.62 1.45 1.51 1.44 19.67 22.42 22.79 24.12 29.31 1.90 2.28 2.19 2.62 2.86 107.47 130.28 128.72 152.42 160.05 nav nav nav nav nav 372.57 352.60 300.95 286.80 306.68 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap 2,625.27 3,198.32 3,385.45 4,075.23 4,993.81
Table 13 (cont) Cash withdrawals at ATMs located outside the E-money loading/unloading transactions at country terminals in the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nap nap nap nap nap 2.24 2.62 2.67 2.69 2.73 0.56 0.53 0.45 0.36 0.34 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap 6.37 6.86 6.84 7.10 7.90 0.09 0.11 0.12 0.13 0.15 10.61 11.31 11.50 11.39 12.83 0.27 0.27 0.28 0.27 0.26 nav nav nav nav nav nav nav nav nav nav 0.82 0.97 0.94 1.41 1.59 nap nap nap nap nap nap nap 0.54 1.06 1.23 6.29 8.41 nav 7.74 10.89 nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav 0.96 0.98 0.78 0.84 0.99 nap nap nap nap nap 8.29 9.87 8.70 8.53 8.45 0.69 0.74 0.72 0.66 0.62 nav nav nav nav nav nav nav nav nav nav 0.39 0.43 0.49 0.56 0.79 nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 0.00 0.00 0.00 0.00 0.00 1.33 1.37 nav nav nav nap nap nav nav nap 2.99 3.41 3.49 3.64 4.27 0.07 0.07 0.07 0.07 0.06 0.27 0.34 0.33 0.44 0.55 nav nav nav nav nav 0.41 0.48 0.39 0.30 0.23 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap
1
Please refer to the individual country tables for a detailed explanation. Except as noted. 2 Sum or average excluding those countries for which data are not available. Excludes data for the United States, for which only 2003 data are available.
470
Comparative tables
Table 13a
Transactions at terminals: increase in the real value of cash withdrawals and loading transactions
(% change on previous year, adjusted by CPI inflation) 1 Cash withdrawals at ATMs located in the country with cards issued outside the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 nav nav nav nav nav nav nav nav nav 9.6 0.1 -5.2 3.7 -5.2 13.1 9.0 12.0 3.5 nav nav nav nav nav 23.1 7.1 8.2 9.4 nav nav nav nav nav nav nav nav nav nav nav nav nav nav 48.0 32.2 28.5 32.3 10.2 -3.0 -2.0 3.7 7.5 4.8 4.3 5.1 0.3 nav nav nav nav nav -23.4 1.4 1.8 -1.7 nav nav nav nav nav nav nav nav nav 25.6 17.3 14.4 5.4 42.0 41.7 34.4 31.5 17.3 nav nav nav 12.3 9.3 7.1 3.9 -6.9 31.6 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 3.3 10.8 6.4 -5.3 -1.0 8.1 4.6 -0.2 3.0 21.9 59.7 -25.2 8.4 13.2 -1.3 -2.7 -3.4 -4.2 10.6 0.7 -17.8 -5.6 13.6 36.0 24.7 2.1 15.9 18.3 18.6 5.5 8.5 24.4 6.2 11.7 3.3 8.0 nav nav nav nav nav 5.7 9.5 3,164.8 10.8 nav nav nav nav nav nav nav nav 9.7 -29.7 -41.9 nav nav nav -14.2 -3.7 nav nav 7.9 4.8 -9.9 -0.7 -18.7 -1.1 0.4 2.3 1.0 0.0 8.4 7.9 9.2 10.0 10.7 9.4 11.0 7.9 nav nav nav nav nav 1.2 -0.4 -1.8 -6.7 nav nav nav nav nav nav nav nav nav nap nap nap nap nap 18.4 16.9 4.3 17.4
2011 nav 3.6 7.6 nav 27.6 1.3 3.1 nav -5.8 -2.1 nav nav 4.9 -2.6 20.6 17.6 -11.2 7.7 nav 3.1 5.8 -1.4 nav 18.4
Table 13a (cont) Cash withdrawals at ATMs located outside the E-money loading/unloading transactions at country terminals in the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nap nap nap nap nap 8.0 4.6 7.3 3.5 -6.6 -12.8 -14.3 -11.4 -17.8 -13.9 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 17.0 -2.3 4.7 7.3 3.5 26.0 17.5 16.6 8.7 7.6 nav -2.9 6.7 2.9 4.6 47.4 -8.6 10.1 0.8 -11.4 nav nav nav nav nav nav nav nav nav nav 42.9 18.9 3.0 26.5 4.8 nav nav nav nav nav nav nav nav 102.7 6.8 -14.3 20.8 nav nav 30.1 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 8.8 -0.5 -8.6 -2.8 11.9 nav nav nav nav nav 26.5 8.9 -8.1 2.1 -8.1 5.4 -2.5 1.6 -4.5 -12.4 nav nav nav nav nav nav nav nav nav nav 1.8 -0.7 9.2 9.2 32.5 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 10.6 -3.2 nav nav nav nav nav nav nav nav 11.4 0.4 3.2 -0.4 -0.5 -0.7 -2.4 0.5 -13.1 -28.7 -9.5 11.7 9.7 20.2 28.3 nav nav nav nav nav -25.9 22.2 -7.0 -25.0 -28.1 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 28.1 11.4 -3.0 3.5 9.4 -1.1 27.3 -4.4 -9.6 33.5
1
Please refer to the individual country tables for a detailed explanation. Value of cash withdrawals and loading transactions in domestic currency deflated by yearly average CPI inflation. For the CPSS area, in US dollar terms. 2 Sum or average excluding those countries for which data are not available.
471
Comparative tables
Table 14
Transactions at terminals: number of payment transactions

(millions, total for the year) POS transactions at terminals located in the country with cards issued outside the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 nav nav nav nav nav nav nav nav nav 36.15 41.19 42.58 50.05 56.06 803.32 865.40 924.09 983.89 nav nav nav nav nav 3,860.53 4,617.06 5,086.32 6,249.86 nav nav nav nav nav nav nav nav nav nav nav nav nav nav 1,741.13 2,645.33 3,491.24 4,849.42 191.13 179.55 175.20 249.22 281.46 5,978.70 6,358.54 6,712.64 7,147.60 nap nap nap nap nap 2,026.53 2,183.12 2,306.24 2,503.14 nav nav nav nav nav nav nav nav nav 12.28 13.70 15.80 17.97 18.54 304.20 373.50 388.50 484.24 nap nap 70.32 83.72 92.11 825.35 873.30 1,444.37 1,381.80 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 26.59 28.05 23.82 26.73 28.06 724.27 815.40 853.87 1,009.02 29.40 33.93 39.04 52.33 55.22 1,621.60 1,792.28 1,980.00 2,181.08 7.88 10.27 10.07 17.56 23.42 189.86 249.96 329.66 507.82 nap nap nap nap nap 99.44 120.68 124.83 151.18 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 847.61 1,007.67 34.00 44.00 nav nav nav 1,150.00 1,345.00 nav nav 32.71 41.32 42.53 46.01 46.13 382.80 423.91 454.99 480.93 9.71 10.84 11.83 15.30 18.57 1,431.84 1,696.91 1,893.50 2,156.40 269.00 332.00 155.00 178.00 87.00 6,894.00 7,369.00 7,886.00 8,425.00 nav nav nav nav nav nav nav nav nav 648.86 734.86 586.19 736.89 706.58 28,033.56 31,729.40 34,723.85 39,519.05
2011 nav 1,048.50 7,463.76 nav 6,413.01 7,624.79 2,721.37 nav 628.95 1,745.99 nav nav 1,238.87 2,323.80 823.76 190.30 nav 1,115.47 nav 512.84 2,461.93 9,434.00 nav 45,747.34
Table 14 (cont) POS transactions at terminals located outside the E-money payment transactions at terminals in the country country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nap nap nap nap nap 58.17 68.68 73.31 82.99 105.83 89.82 81.17 70.49 60.62 50.51 31.08 40.99 39.91 74.45 89.67 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap 165.96 183.96 210.61 244.04 286.22 nav nav nav nav nav 173.49 177.36 196.02 213.88 262.53 51.82 47.42 43.08 38.94 36.01 nav nav nav nav nav nav nav nav nav nav 12.20 11.90 13.60 22.04 27.93 nap nap nap 12.10 30.60 nap nap nap 15.26 21.98 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav 37.91 39.81 35.17 41.97 49.29 nav nav nav nav nav 73.45 81.82 87.71 113.21 120.48 nap nap nap nap nap 17.86 27.93 33.51 54.33 90.82 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 32.00 43.00 nav nav nav nap nap nap nap nap 56.03 60.90 68.60 80.57 98.50 17.69 17.25 15.78 15.27 10.60 12.50 15.79 17.33 23.07 29.55 nap nap nap nap nap 306.00 314.00 303.00 384.00 469.00 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 976.64 1,066.14 1,078.77 1,349.81 1,651.80 159.33 145.84 129.35 126.93 127.72
1
472
Comparative tables
Table 14a
Transactions at terminals: increase in the number of payment transactions

(% change on previous year) POS transactions at terminals located in the country with cards issued outside the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 nav nav nav nav nav nav nav nav nav 9.0 13.9 3.4 17.5 12.0 7.5 7.7 6.8 6.5 nav nav nav nav nav 19.1 19.6 10.2 22.9 nav nav nav nav nav nav nav nav nav nav nav nav nav nav 63.9 51.9 32.0 38.9 3.5 -6.1 -2.4 42.3 12.9 9.4 6.4 5.6 6.5 nav nav nav nav nav -18.2 7.7 5.6 8.5 nav nav nav nav nav nav nav nav nav 6.2 11.6 15.3 13.7 3.2 39.4 22.8 4.0 24.6 nav nav nav 19.1 10.0 7.1 5.8 65.4 -4.3 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav -24.1 5.5 -15.1 12.2 5.0 23.9 12.6 4.7 18.2 46.3 15.4 15.1 34.0 5.5 9.4 10.5 10.5 10.2 13.0 30.3 -2.0 74.5 33.4 49.4 31.7 31.9 54.0 nav nav nav nav nav 19.6 21.4 3.4 21.1 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 18.9 30.8 29.4 nav nav nav 18.1 17.0 nav nav 17.2 26.3 2.9 8.2 0.3 8.1 10.7 7.3 5.7 13.7 11.6 9.2 29.3 21.4 8.9 18.5 11.6 13.9 66.0 23.4 -53.3 14.8 -51.1 7.0 6.9 7.0 6.8 nav nav nav nav nav nav nav nav nav 25.8 13.3 -25.3 25.7 -4.1 10.6 13.2 11.5 13.8
2011 nav 6.6 19.4 nav 32.2 6.7 8.7 nav 29.9 26.4 nav nav 22.8 6.5 62.2 25.9 nav 10.7 nav 6.6 14.2 12.0 nav 15.8
Table 14a (cont) POS transactions at terminals located outside the E-money payment transactions at terminals in the country country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nap nap nap nap nap 16.3 18.1 6.7 13.2 27.5 -6.5 -9.6 -13.2 -14.0 -16.7 32.1 31.9 -2.6 86.5 20.5 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 11.4 10.8 14.5 15.9 17.3 nav nav nav nav nav nav 2.2 10.5 9.1 22.7 nav -8.5 -9.2 -9.6 -7.5 nav nav nav nav nav nav nav nav nav nav 62.7 -2.5 14.3 62.1 26.7 nav nav nav nav 152.9 nav nav nav nav 44.0 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 19.8 5.0 -11.7 19.3 17.4 nav nav nav nav nav 9.5 11.4 7.2 29.1 6.4 nav nav nav nav nav 56.6 56.4 20.0 62.2 67.2 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 45.5 34.4 nav nav nav nav nav nav nav nav 8.6 8.7 12.6 17.4 22.3 -5.9 -2.5 -8.5 -3.2 -30.6 31.6 26.3 9.8 33.2 28.1 nav nav nav nav nav 7.7 2.6 -3.5 26.7 22.1 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 13.6 9.2 5.4 23.7 22.4 -6.4 -8.5 -11.3 -11.2 0.6
1
473
Comparative tables
Table 15
Transactions at terminals: value of payment transactions

(USD billions, total for the year) 1 POS transactions at terminals located in the country with cards issued outside the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nav nav nav nav nav 4.79 5.68 4.79 5.36 6.16 59.49 68.06 67.76 68.78 76.57 nav nav nav nav nav 135.86 175.85 188.42 276.53 366.49 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 406.35 576.90 1,004.89 1,540.59 3,267.46 27.02 27.61 23.72 30.23 35.26 406.02 463.00 450.31 456.52 518.79 nap nap nap nap nap 175.51 197.86 193.74 199.54 231.07 nav nav nav nav nav nav nav nav nav nav 2.54 2.52 2.78 3.55 4.30 14.54 16.80 15.45 21.42 22.38 nap nap 10.59 13.70 15.34 104.78 118.45 158.81 159.50 197.09 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 3.65 5.80 3.99 6.47 5.75 41.90 46.68 40.21 49.75 62.15 4.28 4.75 4.83 5.94 6.93 99.95 115.51 111.04 112.29 120.90 2.23 2.66 1.86 2.33 2.79 11.99 20.71 18.38 28.32 51.87 nap nap nap nap nap 10.51 13.71 15.00 19.16 26.37 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 37.91 53.06 64.28 1.92 1.82 nav nav nav 59.04 66.64 nav nav nav 5.33 7.15 6.81 7.58 8.13 52.70 62.37 63.50 68.45 81.92 2.71 3.26 3.13 4.09 5.05 98.47 128.89 119.78 145.34 163.09 31.81 30.43 11.21 2.83 23.19 708.50 697.49 618.32 660.58 759.77 nav nav nav nav nav nav nav nav nav nav 86.27 91.68 73.71 82.10 112.90 2,385.62 2,768.91 3,103.54 3,859.84 6,010.20
Table 15 (cont) POS transactions at terminals located outside the E-money payment transactions at terminals in the country country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nap nap nap nap nap 7.24 8.98 8.38 8.93 11.44 0.54 0.52 0.44 0.35 0.32 4.10 5.66 5.30 8.82 11.87 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap 19.03 22.46 22.02 23.98 28.47 nav nav nav nav nav 21.05 23.59 23.27 24.31 29.99 0.22 0.22 0.20 0.18 0.17 nav nav nav nav nav nav nav nav nav nav 1.32 1.36 1.62 2.75 3.37 nap nap nap 0.39 2.44 nap nap 13.04 1.44 2.08 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nap nap nap nap nap nav nav nav nav nav 4.32 4.40 3.86 4.60 5.28 nap nap nap nap nap 9.80 11.98 10.85 11.36 12.92 nap nap nap nap nap 4.36 6.93 6.08 9.00 13.55 nav nav nav nav nav nap nap nap nap nap nap nap nap nap nap nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 3.26 3.64 nav nav nav nap nap nav nav nap 10.57 12.10 12.00 13.45 16.95 0.07 0.06 0.06 0.07 0.06 1.70 2.10 1.98 2.67 3.16 nap nap nap nap nap 50.05 50.95 39.90 42.40 45.04 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 136.79 154.18 148.29 153.70 184.12 0.82 0.80 0.70 0.99 3.00
1
Please refer to the individual country tables for a detailed explanation. Converted at yearly average exchange rates. 2 Sum or average excluding those countries for which data are not available. 3 For e-money payment transactions, total transactions during the fiscal year ending March of the following year, converted at average fiscal year exchange rates.
474
Comparative tables
Table 15a
Transactions at terminals: increase in the real value of payment transactions

(% change on previous year, adjusted by CPI inflation) 1 POS transactions at terminals located in the country with cards issued outside the country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 nav nav nav nav nav nav nav nav nav 5.8 6.1 -11.2 15.0 5.6 5.9 2.4 4.7 4.3 nav nav nav nav nav 19.1 15.3 11.5 22.3 nav nav nav nav nav nav nav nav nav nav nav nav nav nav 51.1 24.5 75.0 47.2 9.9 -7.4 -9.7 31.7 8.5 7.8 3.4 2.2 4.8 nav nav nav nav nav -23.2 2.6 2.8 7.1 nav nav nav nav nav nav nav nav nav 12.9 -0.3 17.4 7.7 12.8 40.8 16.0 -2.2 17.0 nav nav nav 33.8 3.6 5.2 2.2 40.0 3.9 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav -3.7 54.2 -20.8 45.8 -15.5 16.7 8.0 -0.8 11.1 32.3 1.7 6.0 28.1 8.3 6.2 5.8 0.1 5.3 5.9 2.4 -17.8 10.3 8.8 47.2 47.9 4.2 35.7 nav nav nav nav nav 22.3 18.6 4.2 21.2 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 17.3 6.5 -10.7 nav nav nav 5.5 6.5 nav nav 19.9 18.1 -4.1 6.2 -8.9 6.4 4.3 2.5 2.8 28.0 8.5 7.9 19.3 24.4 20.1 18.1 4.4 10.6 32.5 0.7 -57.6 -75.3 654.7 7.9 3.6 2.0 4.6 nav nav nav nav nav nav nav nav nav 27.6 2.0 -30.3 8.6 32.9 20.5 11.4 12.6 21.3
2011 nav 2.4 18.5 nav 92.1 5.7 7.5 nav -2.5 14.3 nav nav 18.8 0.0 66.9 31.1 nav 13.1 nav 1.6 13.0 6.0 nav 50.4
Table 15a (cont) POS transactions at terminals located outside the E-money payment transactions at terminals in the country country with cards issued in the country 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 nav nav nav nav nav nap nap nap nap nap 12.9 11.2 -1.9 9.5 17.8 -12.6 -14.4 -11.1 -17.9 -15.1 18.8 22.8 -2.6 38.6 20.4 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 15.1 7.1 3.0 12.5 10.5 nav nav nav nav nav nav 2.0 3.5 8.6 14.5 nav -6.4 -5.2 -4.5 -12.7 nav nav nav nav nav nav nav nav nav nav 45.7 4.0 26.6 42.7 14.7 nav nav nav nav 490.8 nav nav nav -88.6 33.2 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 21.0 -1.1 0.9 7.1 9.2 nav nav nav nav nav 1.1 11.8 -5.7 9.05 5.6 nav nav nav nav nav 39.6 36.1 2.9 30.53 37.1 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 27.3 5.6 nav nav nav nav nav nav nav nav 12.5 0.9 -0.2 6.9 7.0 13.5 -14.6 0.5 -0.7 -28.7 10.4 11.5 5.7 23.1 19.4 nav nav nav nav nav 7.6 7.2 -9.9 4.0 -2.1 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav 20.3 8.2 -10.8 1.1 15.7 -3.7 -6.3 -13.3 -16.5 193.1
1
Please refer to the individual country tables for a detailed explanation. Value of payment transactions in domestic currency deflated by yearly average CPI inflation. For the CPSS area, in US dollar terms. 2 Sum or average excluding those countries for which data are not available.
475
Comparative tables
Table PS1
Features of selected interbank funds transfer systems

(at end-2011) System Australia RITS Belgium TARGET2-BE Clearing house CEC Brazil STR SITRAF BmfBovespa-FX SILOC COMPE Canada LVTS ACSS China HVPS BEPS France TARGET2-BDF1 CORE2 Germany TARGET2-BBk RPS Hong Kong SAR HKD CHATS USD CHATS EUR CHATS RMB CHATS India RTGS Clearing House -Cheque Clearing -ECS / NECS -NEFT Italy TARGET2-BDI BI-COMP Japan BOJ-NET FXYCS Zengin System Tokyo Clearing House Korea BOK-Wire+ Check Clearing System Interbank Shared Networks Type Settlement Owner/manager Processing Membership Degree of centralisation C C C C C C C C C C D C C C C C C C C C C C D D1, C2 C C C C C C C C D, C C
L L R R L L FX R R L R L R L R L R L, FX L, FX L, FX L, FX L R R R L R L L R R L R R
RTGS RTGS MN MN RTGS MN, BN, G MN MN MN MN MN RTGS MN RTGS MN RTGS BA RTGS RTGS RTGS RTGS RTGS MN MN MN RTGS MN RTGS RTGS MN MN RTGS MN MN
CB CB B, CB B, CB CB PA2 Other4 PA2 B PA PA CB CB CB B CB CB CB, B1 CB, B1 CB, B1 CB, B1 CB CB, B B, CB CB CB CB CB B B B CB PA PA
RTT RTT RTT RTT RTT RTT ACH ACH ACH RTT nap1 RTT RTT RTT ACH RTT ACH RTT RTT RTT RTT RTT M, ACH M, ACH ACH RTT ACH RTT RTT RTT ACH RTT M, ACH RTT
O R O O O1 O3 O5 O3 O1 O R2 O O R O R O O O O O R R R R O O R R R R R O O
For the footnotes regarding the systems, see after Comparative Table PS4.
476
Comparative tables
Table PS1 (cont) System Mexico SPEI CECOBAN Netherlands TARGET2-NL Equens Russia BESP System VER MER Payments using letters of advice Saudi Arabia SARIE Singapore MEPS+(IFT) SGDCCS USDCCS IBG South Africa SAMOS Sweden E-RIX K-RIX Bankgirot Dataclearing Switzerland SIC Turkey TIC-RTGS BKM ICH United Kingdom CHAPS Euro CHAPS Sterling Cheque/credit BACS United States1 CHIPS2 Fedwire European Union TARGET EURO1 / STEP1 STEP2 Memo: CLS Type Settlement Owner/manager Processing Membership Degree of centralisation C C C C C C C, D2 D
L, R R L R L L, R L, R L, R
MN MN RTGS MN, BA RTGS G G G
CB B CB
RTT ACH RTT ACH RTT RTT, ACH1 RTT, ACH1 M
O O R R R O O O
CB CB CB CB
L, R L R R R L, R L L R R L, R L, R R R L L R R L L L L R
RTGS RTGS MN MN MN RTGS RTGS RTGS MN MN RTGS RTGS MN MN RTGS RTGS MN MN MN, BN, G RTGS RTGS MN BA
CB CB PA PA PA CB CB CB B B B, CB CB B CB, B B, CB B, CB B B B CB CB, B, PA B B
RTT RTT ACH ACH ACH RTT RTT RTT ACH ACH RTT RTT RTT ACH RTT RTT ACH ACH RTT RTT RTT RTT ACH
R O O O O R R R O O O O O O R R R R R O3 R, O R R
C C C C C C C C C C C C C D C C D C C C C C C
FX
RTGS
B1
RTT
477
Comparative tables
Table PS1 (cont) System Pricing Closing time for same day transactions 18.301; 20.302 18:00 15:15 15:00 18:30 17:00 10:00 nap nap 18:30 nap 17:30 16:00 18:00 13:30 18:00 07:001; 09:002; 10:003; 12:004; 20:005 18:30 18:30 18:30 18:30 20:00 19:30 17:00 19:00 18:00 12:00 19:002 19:003 15:30 08:004 Settlement finality Cut-off thirdparty orders Standard money market hours opening Real time Real time nav nav Real time Intraday6 T+2: 14:057 T+1: 08:20; 16:10 T+1: 09:00, 17:158 Real time3 nap5 Real time Intraday1 Real time 15:15 Real time Intraday 18.301; 20.302 17:00 nav nav 17:30 17:00 nap 21:59 nap 18:00 nap 17:00 nap 17:00 nap 17:00 nap 07:30 07:00 nap nap 06:30 nap nap nap nap nap4 nap 08:30 nap 07:00 nap 07:00 nap closing 18.301; 20.302 18:00 nap nap 18:30 nap nap nap nap nap nap 17:00 nap 18:00 nap 18:00 nap
Australia RITS Belgium TARGET2-BE Clearing house CEC Brazil STR SITRAF BmfBovespa-FX SILOC COMPE Canada LVTS ACSS China HVPS BEPS France TARGET2-BDF1 CORE2 Germany TARGET2-BBk RPS
V F F F F F F F F F F F F F F F F
Hong Kong SAR HKD CHATS USD CHATS EUR CHATS RMB CHATS India RTGS Clearing House -Cheque Clearing -ECS / NECS -NEFT Italy TARGET2-BDI BI-COMP Japan BOJ-NET FXYCS Zengin System Tokyo Clearing House Korea BOK-Wire+ Check Clearing System Interbank Shared Networks
F F F F V S S S F F V1 F F F F F F
Real time Real time Real time Real time Real time T+1 T+1 Intraday Real time
1
nav nav nav nav 16:30 nap nap nap 17:00 12:00 14:006 19:003 15:30 08:004 17:30 nap nap
08:30 08:30 08:30 08:30 09:00 nap nap nap 07:00 nap 08:30 08:30 nap nap 09:00 nap nap
18:30 18:30 18:30 18:30 17:00 nap nap nap 18:00 nap 19:007 19:007 nap nap 17:30 nap nap
Real time Real time 16:15, Real time5 12:30
17:30 Real time 16:00 T+1: 11:00, 14:00 T+1: 11:00 18:001, 23:552, 14:00/17:003
478
Comparative tables
Table PS1 (cont) System Pricing Closing time for same day transactions 17:20 nap 18:00 17:00 21:003 17:004, 7 17:004, 8 14:009 Settlement finality Cut-off thirdparty orders Standard money market hours opening Real time T+1 Real time every 30 min Real time Intraday Intraday8 T+210, T+510 17:00 nap 17:00 15:30 17:004-21:003, 5 17:004 17:004 14:009 07:451 nap 07:00 nap 10:303, 6 10:303, 6 10:303, 6 10:303, 6 closing 17:00 nap 18:00 nap 17:303, 6 17:303, 6 17:303, 6 17:303, 6
Mexico SPEI CECOBAN Netherlands TARGET2-NL Equens Russia BESP System VER MER Payments using letters of advice Saudi Arabia SARIE Singapore MEPS+(IFT) SGDCCS USDCCS IBG South Africa SAMOS Sweden E-RIX K-RIX Bankgirot Dataclearing Switzerland SIC Turkey TIC-RTGS BKM ICH United Kingdom CHAPS Euro CHAPS Sterling Cheque/credit BACS United States1 CHIPS2 Fedwire European Union1 TARGET EURO1 / STEP1 STEP2 Memo: CLS
F F F F S S S S
F V F F F F F F F F F F F F F F F F F F F F F
16:00 19:00 17:30 15:30 12:00 24:00 18:00 17:00 nap1 nap1 16:151 17:30 nap nap 17:00 16:20 nap nap 17:00 18:30 18:00 16:00 nap
Real time Real time 15:05, 18:15 T+1: 10:30 18:15 Real time Real time Real time Intraday2 Intraday2 Real time Real time T+1 T+1 Real time Real time
1 2
15:30 19:001 nap nap nap nap 17:00 17:00 16:203 15:204 15:00 nap nap nap 16:00 16:00 nap nap 17:00 18:00 17:00 16:00 22:00 on T-1
09:00 09:00 nap nap nap 08:00 09:00 09:00 nap nap 09:00 08:30 nap nap 07:00 07:00 nap nap 08:305 08:305 07:00 07:00 07:00
16:00 19:00 nap nap nap 12:00 16:15 16:15 nap nap 16:00 17:30 nap nap 16:00 16:00 nap nap 18:30 18:30 18:00 18:00 18:00
Intraday4 Real time Real time about 16:30 about 07:302
06:302
Real time
nap
nap
nap
479
Comparative tables
Table PS2
Payments processed by selected interbank funds transfer systems: number of transactions

(total for the year) System 2007 Australia RITS Belgium TARGET2-BE Clearing house CEC Brazil STR SITRAF BmfBovespa-FX COMPE SILOC Canada LVTS China HVPS BEPS France TARGET2-BDF1 PNS1 CORE2 Germany TARGET2-BBk RPS Hong Kong SAR HKD CHATS USD CHATS EUR CHATS RMB CHATS India RTGS Cheque Clearing ECS / NECS NEFT Italy TARGET2-BDI BI-COMP Japan BOJ-NET FXYCS Zengin System Tokyo Clearing House Korea BOK-Wire+ Check Clearing System Interbank Shared Networks 7.25 2.04 0.47 1,011.7 10.80 51.95 0.064 1,533.5 1,427.8 5.29 171.9 87.20 Number of transactions (millions) 2008 8.09 2.75 0.43 1,063.4 10.35 60.99 0.065 1,396.5 1,624.6 5.72 214.1 140.71 2009 7.85 2.12 0.24 1,122.9 10.46 67.35 0.056 1,235.0 1,752.2 5.61 248.0 225.81 2010 8.40 2.39 nap 1,170.2 12.66 86.21 0.051 1,178.9 2,046.0 6.04 291.2 386.74 2011 8.97 2.59 nap 1,224.9 17.21 101.75 0.044 1,132.7 2,731.1 6.61 372.1 563.06 Increase in the number of transactions (% change on previous year) 2007 2008 2009 2010 2011 13.0 17.5 -6.7 4.7 1.1 24.8 -13.5 -10.3 15.1 7.7 21.2 251.6 6.6 -2.8 1.0 25.3 2.0 19.6 21.8 66.7 nav 50.5 6.8 42.5 178.7 5.0 2.3 21.9 14.5 2.4 -8.4 8.1 -0.6 11.0 11.6 34.8 -8.3 5.1 -4.1 17.4 1.6 -8.9 13.8 8.0 24.5 61.4 36.3 -93.8 1.5 -12.5 5.2 1.7 16.3 35.0 nav 128.9 -4.3 20.9 141.6 -17.4 1.6 25.3 -2.8 1.1 -10.0 12.7 -7.2 6.6 -3.0 -22.8 -43.6 5.6 1.1 10.4 -13.8 -11.6 7.8 -1.9 15.9 60.5 14.5 nav 2.0 7.6 4.9 -7.7 6.0 16.7 nav 148.6 -1.3 -0.4 106.3 -8.8 -1.0 45.4 -17.7 0.9 -15.0 8.3 -13.2 3.9 7.0 12.7 nav 4.2 21.0 28.0 -8.9 -4.5 16.8 7.7 17.4 71.3 7.8 nav 0.6 -2.0 3.0 3.8 20.5 44.4 nav 48.2 0.6 10.8 99.5 0.2 1.9 0.8 2.3 0.0 -8.5 19.9 -20.3 7.7 6.9 8.4 nav 4.7 35.9 18.0 -13.7 -3.9 33.5 9.6 27.8 45.6 6.7 nav 2.8 0.1 1.0 4.6 11.8 7.7 295.9 11.7 -3.3 4.5 70.8 -0.4 3.2 4.2 -0.3 1.0 -6.6 9.8 -19.2 8.8
4.88 6.65 7.62 8.22 8.76 6.43 0.40 nap nap nap 12,303.2 12,491.3 12,737.7 12,816.6 13,177.6 47.50 2,343.0 5.50 2.12 0.040 nav 5.84 1,460.6 205.5 13.31 11.50 1,992.0 6.76 7.75 1,353.3 40.71 2.25 805.2 2,680.3 41.56 2,465.4 5.59 2.47 0.054 nav 13.37 1,397.4 248.4 32.16 9.50 2,024.9 8.47 7.54 1,368.2 36.65 2.54 747.5 2,857.7 44.70 2,585.6 5.16 2.62 0.063 nav 33.24 1,379.1 247.4 66.34 8.66 2,003.9 12.31 6.21 1,380.3 31.17 2.75 648.6 2,969.1 43.80 2,662.9 5.36 3.15 0.091 0.24 49.26 1,387.4 274.0 132.34 8.68 2,041.2 12.41 6.35 1,380.4 28.51 3.30 517.1 3,197.7 43.85 2,690.1 5.60 3.52 0.098 0.96 55.03 1,341.9 286.2 226.11 8.65 2,106.1 12.93 6.33 1,394.8 26.64 3.62 417.7 3,478.4
480
Comparative tables
Table PS2 (cont) System 2007 Mexico SPEI CECOBAN Netherlands TARGET2-NL Equens Russia BESP System VER MER Payments using letters of advice Saudi Arabia SARIE Singapore MEPS+(IFT) SGDCCS USDCCS IBG South Africa SAMOS - large SAMOS - retail1 Sweden E-RIX K-RIX Bankgirot Dataclearing Switzerland SIC Turkey TIC-RTGS BKM ICH United Kingdom CHAPS Euro CHAPS Sterling Cheque/credit BACS United States CHIPS Fedwire European Union TARGET EURO1 / STEP1 STEP2 XCT Service3 STEP2 ICT Service4 STEP2 SCT Service5 Memo: CLS3 29.47 184.7 7.26 3,802.6 nap 676.9 154.1 2.85 Number of transactions (millions) 2008 41.71 178.8 9.25 4,039.8 0.0 752.6 184.4 3.06 2009 62.21 164.3 9.39 4,273.4 0.06 748.7 192.5 1.66 2010 85.85 158.2 8.59 4,484.0 0.21 819.3 238.5 0.91 2011 110.65 154.5 8.35 4,021.4 0.63 898.7 287.6 0.71 Increase in the number of transactions (% change on previous year) 2007 2008 2009 2010 2011 54.1 -1.0 52.0 7.7 nap 18.1 27.9 14.0 41.5 -3.2 27.5 6.2 nap 11.2 19.7 7.4 49.2 -8.1 1.5 5.8 950.0 -0.5 4.4 -45.7 38.0 -3.7 -8.4 4.9 225.4 9.4 23.9 -45.1 28.9 -2.3 -2.8 -10.3 205.4 9.7 20.6 -22.0
23.79 3.46 84.87 0.94 80.70 2.17 0.21 nap 1.95 620.5 92.00 356.8 106.07 727.8 24.89 5.71 35.58 98.4 2,580.5 87.35 134.7 99.08 54.35 91.31 220.5 nav
29.88 3.78 82.51 0.96 81.58 2.52 0.23 nap 2.01 670.9 99.00 371.6 119.31 826.1 23.16 0.59 34.59 96.6 2,578.7 92.00 131.4 89.02 64.19 73.17 265.2 45.10
30.95 3.69 78.24 0.90 84.30 2.62 0.25 nap 2.58 697.7 104.10 381.7 129.45 897.7 19.31 nav 31.91 82.2 2,489.6 84.84 124.7 87.84 58.29 54.24 286.9 89.02
33.57 4.02 77.37 0.96 91.83 3.14 0.28 nap 2.96 751.0 110.00 394.7 142.22 1,037.4 18.67 nav 32.15 70.0 2,443.2 90.90 125.1 87.18 59.37 46.48 301.6 176.56
42.83 4.40 75.81 0.96 92.66 4.10 0.29 nap 3.46 791.1 125.50 402.5 166.69 1,221.9 18.21 nav 34.02 62.4 2,394.6 95.06 127.0 88.88 62.32 32.78 308.0 439.38
17.4 29.1 1.8 6.8 3.7 22.3 21.3 nav 14.4 12.0 9.5 12.5 13.9 10.2 5.6 2.5 7.7 -11.1 3.1 12.2 0.8 18.9 13.9 38.4 nav nav
25.6 9.2 -2.8 2.1 1.1 16.4 11.7 nav 3.3 8.1 7.6 4.2 12.5 13.5 -6.9 -89.7 -2.8 -1.9 -0.1 5.3 -2.5 -10.1 18.1 -19.9 20.3 nav
3.6 -2.4 -5.2 -6.2 3.3 3.7 8.3 nav 28.4 4.0 5.2 2.7 8.5 8.7 -16.6 nav -7.8 -14.9 -3.5 -7.8 -5.0 -1.3 -9.2 -25.9 8.2 97.4
8.5 8.9 -1.1 7.0 8.9 19.8 10.9 nav 14.7 7.6 5.7 3.4 9.9 15.6 -3.3 nav 0.7 -14.8 -1.9 7.1 0.3 -0.8 1.9 -14.3 5.1 98.3
27.6 9.5 -2.0 0.1 0.9 30.7 4.4 nav 16.9 5.3 14.1 2.0 17.2 17.8 -2.5 nav 5.8 -10.8 -2.0 4.6 1.5 1.9 5.0 -29.5 2.1 148.9
90.26
134.43
150.09
198.11
206.86
46.7
48.9
11.6
32.0
4.4
481
Comparative tables
Table PS3

(total for the year) System Value of transactions (USD billions except as noted) 1 2007 2008 2009 2010 2011 38,347.5 40,358.4 33,471.1 39,176.0 44,834.8 Average value per transaction (USD thousands) 1 2007 2008 2009 2010 5,292.3 4,991.1 4,265.6 4,665.8
2011 4,995.6
Australia RITS Belgium TARGET2-BE Clearing house CEC Brazil STR SITRAF BmfBovespa-FX COMPE SILOC Canada LVTS China HVPS BEPS France TARGET2-BDF1 PNS1 CORE2 Germany TARGET2-BBk RPS Hong Kong SAR HKD CHATS USD CHATS EUR CHATS RMB CHATS India RTGS Cheque Clearing ECS / NECS NEFT Italy TARGET2-BDI BI-COMP Japan BOJ-NET FXYCS Zengin System Tokyo Clearing House Korea BOK-Wire+ Check Clearing System Interbank Shared Networks
1
36,453.5 39,682.5 28,979.7 26,723.9 30,816.1 17,884.4 14,445.8 13,663.2 11,176.9 11,893.5 67.2 64.6 30.0 nav nav 143.0 149.9 123.5 nav nav 1,021.9 1,174.9 1,119.5 1,120.5 1,232.8 1.0 1.1 1.0 1.0 1.0 54,989.7 59,991.5 70,817.2 75,211.1 92,272.2 5,093.5 5,794.6 6,768.3 5,940.4 5,361.5 2,094.4 2,786.4 2,652.4 3,581.8 2,650.9 40.3 45.7 39.4 41.5 26.1 702.6 765.2 637.0 749.9 618.1 10,977.8 11,772.3 11,374.6 14,703.1 14,048.8 508.0 575.2 504.3 626.3 670.8 0.3 0.4 0.4 0.5 0.6 373.2 464.3 462.4 605.0 758.1 0.3 0.3 0.3 0.3 0.3 42,876.8 43,092.2 33,885.3 36,562.0 40,003.0 72,331 2,984.47 93,568 117,744 163,127 209,750 748.01 1,678.66 2,394.75 2,841.71 8,099.1 420.8 34.2 7,538.9 437.1 5.3 6,044.5 474.7 7.4 6,058.3 560.2 6.2 6,050.1 563.7 5.0
198,527 149,131 130,406 124,456 142,233 40,665.1 22,412.2 17,115.9 15,146.1 16,229.2 22,257.8 1,091.7 nav nav nav 3,462.1 2,742.9 nav nav nav 7,084.0 7,698.5 6,961.3 6,773.4 7,470.9 0.6 0.6 0.5 0.5 0.6 317,934 323,884 238,260 342,119 351,659 3,094.8 3,448.7 3,192.5 3,042.8 3,354.2 6,693.3 1.3 7,792.8 1.4 4,419.0 1,028.5 5,037.0 nav 556.1 0.002 0.000 0.002 6,336.4 2.5 5,330.2 1.2 3,292.4 820.8 3,403.2 nav 245.2 0.002 0.000 0.001 5,178.3 2.1 7,810.9 1.1 3,258.4 864.8 2,108.9 763.8 215.2 0.002 0.000 0.002 5,037.0 2.0 8,019.6 1.2 3,053.0 994.1 2,000.4 4,559.6 210.9 0.002 0.000 0.002 5,315.2 2.0
27,784.6 24,706.7 16,982.4 17,452.2 17,103.2 5,052.7 2,127.4 2,537.2 2,147.2 2,724.9 3,503.1 1,003.0 412.9 272.0 214.4 191.9 196.0 10,321.9 nav nav nav 185.6 4,386.3 nav 6,615.7 3.2 0.20 0.03 7,434.8 2.9 0.04 0.06 8,151.4 10,602.7 11,604.4 2.1 2.2 2.1 0.04 0.06 0.06 0.08 0.21 0.39 1,132.6 0.002 0.001 0.003 5,013.9 2.3
57,635.2 60,170.6 44,844.5 43,726.6 45,955.6 4,618.7 5,044.6 4,303.6 4,032.2 4,307.8
250,381 285,589 291,305 291,496 311,549 37,027.7 33,713.7 23,656.4 23,485.0 24,093.2 47,825.9 50,080.2 33,957.5 32,859.0 35,399.2 6,168.7 6,642.8 5,470.8 5,175.5 5,591.4 22,312.5 25,974.4 25,703.4 28,266.8 32,204.2 16.5 19.0 18.6 20.5 23.1 2,692.7 2,884.0 2,782.4 3,117.3 3,522.2 66.1 78.7 89.3 109.3 132.2 39,632.6 39,023.4 36,020.1 43,729.9 46,470.8 17,585.4 15,360.3 13,088.1 13,249.3 12,828.1 4,723.4 4,673.9 4,247.3 4,999.7 5,217.0 5.9 6.3 6.5 9.7 12.5 7,799.6 7,568.9 7,397.7 9,286.2 11,194.9 2.9 2.6 2.5 2.9 3.2
For the footnotes regarding the systems, see after Comparative Table PS4. Converted at yearly average exchange rates.
482
Comparative tables
Table PS3 (cont) System Value of transactions (USD billions except as noted) 1 2007 2008 2009 2010 2011 12,391.0 12,969.4 391.3 406.0 53,434 2,815.2 86,153 2,946.4 9,512.3 12,115.2 14,396.5 293.8 293.9 303.7 88,577 102,476 110,129 2,719.6 2,652.5 2,850.2 Average value per transaction (USD thousands) 1 2007 2008 2009 2010 420.4 2.1 7,365.2 0.7 310.9 2.3 9,315.8 0.7 152.9 1.8 141.1 1.9
2011 130.1 2.0
Mexico SPEI CECOBAN Netherlands TARGET2-NL Equens Russia BESP System VER MER Payments using letters of advice Saudi Arabia SARIE Singapore MEPS+(IFT) SGDCCS USDCCS IBG South Africa SAMOS - large SAMOS - retail Sweden E-RIX K-RIX Bankgirot Dataclearing Switzerland SIC Turkey TIC-RTGS BKM ICH United Kingdom CHAPS Euro CHAPS Sterling Cheque/credit BACS United States CHIPS Fedwire European Union TARGET EURO1 / STEP1 STEP2 XCT Service3 STEP2 ICT Service4 STEP2 SCT Service5 Memo: CLS3
9,437.1 11,924.2 13,189.1 0.6 0.6 0.7
nap 83.05 3,365.00 4,192.96 7,591.90 14,665.4 17,065.4 13,659.2 14,656.1 20,460.4 2,720.8 3,573.2 2,197.5 2,678.8 3,147.8 44.23 89.32 28.03 23.75 11.59
nap 13,842.3 53,412.8 20,453.4 12,127.6 21.7 22.7 18.2 17.9 22.8 17.7 19.4 11.4 11.2 10.9 15.5 29.2 16.9 26.0 16.3
8,979.8
9,565.3 16,324.5 14,789.4 14,505.4
377.4 3,328.4 4.9 33.2 1.5 4,559.4 nav
320.1 3,565.3 5.0 38.5 1.8 4,145.3 nav
527.5 3,094.4 4.7 37.3 1.8 3,234.4 nav nav 8,850.6 1.3 2.8 137.2 118.35 0.07 6.72 nav 2,911.1 17.9 2.4 4,294.4 5,059.9 8,487.8 1,555.9 5.7 5.8 8.1
440.6 3,007.7 5.7 44.6 2.0 3,118.9 nav nav 6,440.1 1.4 3.1 125.9 116.86 0.07 8.14 nav 2,723.6 18.1 2.6 4,016.5 4,862.7
338.7 3,149.0 6.5 51.2 2.3 2,576.3 nav nav 5,045.3 1.6 3.2 175.9 141.22 0.07 9.06 nav 3,009.4 18.7 2.9 4,243.2 5,226.2
11,516.2 13,476.8 11,418.4 12,090.9 13,855.6 415.9 409.3 368.4 443.2 494.9 31.24 36.92 33.59 42.97 49.35 123.23 150.44 149.65 180.83 215.54 9,889.4 10,462.8 826.9 782.1 8,464.4 743.4 9,780.9 10,563.0 915.3 999.2
nav nav nav nav nav 18,180.5 20,736.4 22,834.7 19,062.8 17,456.7 989.3 1,080.7 914.4 1,045.2 1,263.3 319.4 342.0 292.4 336.2 398.8 43,567.7 53,581.6 52,354.6 49,702.1 70,802.0 13,861.7 16,953.0 15,321.3 16,620.7 23,539.6 49.66 63.37 60.84 73.66 81.42 169.39 181.20 129.78 151.97 164.91 64,179.6 9,588.2 135,836 132,225 2,501.0 2,133.5 7,388.8 7,231.3 nav 92,892 1,470.3 6,018.1
nav nav 9,347.3 10,316.6 1.6 1.6 3.5 3.5 122.1 130.69 0.07 6.81 144.2 142.09 0.08 7.82
nav nav 11,234.0 16,251.2 87,561 102,393 3,818.0 3,822.2 1,264.3 1,166.1 25.4 22.1 6,266.5 6,994.1 2.9 2.8 5,559.8 4,979.4 5,530.0 5,747.3
485,624 508,759 364,355 365,096 403,349 670,666 754,975 631,127 608,326 663,838 923,700 894,126 745,569 835,384 906,309 79,714 107,427 90,693 82,300 89,015 493.8 460.7 311.8 270.1 217.3 1,361.8 1,909.9 1,659.4 1,628.6 1,722.9 nav 431.2 721.0 1,254.9 2,196.4
9,323.1 10,043.8 1,466.7 1,673.6 5.4 6.3 6.2 7.2 nav 9.6
9,582.5 10,197.3 1,386.2 1,428.4 5.8 6.6 5.4 5.6 7.1 5.0
930.2
1,027.6
877.0
1,073.0
1,240.3 10,306.3
7,643.7
5,843.2
5,416.3
5,995.6
For the footnotes regarding the systems, see after Comparative Table PS4. 1 Converted at yearly average exchange rates.
483
Comparative tables
Table PS3 (cont) System Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) 2007 2008 2009 2010 2011 16.0 34.7 -1.7 9.6 5.0 24.8 36.5 -3.8 10.8 8.1 84.3 2863.9 5.6 7.7 1.3 50.7 0.8 47.8 33.5 18.5 nav 41.0 6.1 629.5 72.9 9.3 -2.3 16.2 27.3 6.2 -2.9 12.5 13.9 16.5 0.4 -2.6 -13.9 2.9 -2.8 18.5 -3.0 0.8 10.8 -2.6 13.4 -78.0 -31.9 -95.6 -1.5 -7.3 1.4 -14.9 14.1 -37.0 nav 12.7 -11.2 -81.1 71.3 -5.7 -1.3 -1.2 -9.3 0.9 -7.2 11.6 12.1 10.0 -13.3 -23.2 -51.2 0.2 22.8 -1.0 -13.4 -8.8 3.6 -16.0 26.5 125.5 -8.1 nav -5.0 -22.8 -2.9 -31.9 -16.2 -21.9 nav 16.6 -20.4 8.6 55.1 -22.2 -10.9 -6.5 -37.8 -9.3 -11.6 3.9 2.3 10.1 -1.1 -5.3 nav 2.8 -11.5 12.5 -1.9 3.5 9.0 -4.4 33.0 36.9 -1.4 nav 0.5 49.2 -0.9 0.6 24.2 -12.4 nav 9.7 -13.0 21.8 104.7 0.9 -3.1 -5.5 -8.6 3.9 5.8 6.8 3.5 10.4 -1.9 6.0 nav 1.2 9.7 -33.9 -26.3 -4.3 12.0 2.1 16.4 7.5 6.3 nav 2.6 -4.6 2.3 Value of transactions as a percentage of GDP (in %) 2007 4,028.0 7,932.5 14.6 222.4 4,025.6 153.3 51.4 37.2 27.3 3,012.8 2,071.1 85.5 7,688.9 862.0 274.4 9,566.9 93.1 2008 3,842.3 7,830.5 12.8 231.8 3,635.5 168.9 46.4 34.9 28.1 2,864.9 2,038.7 16.3 5,272.7 38.6 272.2 8,948.8 95.3 2009 3,348.9 6,114.0 6.3 236.2 4,358.2 163.2 39.2 31.0 28.5 2,530.8 2,397.3 34.2 4,971.8 nav 265.4 2010 3,144.9 5,672.1 nav 237.8 3,509.7 167.1 35.0 29.2 28.2 2,317.9 2,817.4 41.4 4,855.9 nav 264.3 2011 2,989.6 5,992.7 nav 239.7 3,729.6 107.1 25.0 27.1 30.6 2,299.3 2,874.0 38.9 5,123.5 nav 269.1 9,755.3 93.0 6,879.5 1,409.1 78.9 1,764.3 609.0 0.1 0.0 0.0 2,091.6 196.1 5,303.6 602.6 548.2 60.0 4,162.4 467.3 1,002.7
Australia RITS Belgium TARGET2-BE Clearing house CEC Brazil STR SITRAF BmfBovespa-FX COMPE SILOC Canada LVTS China HVPS BEPS France TARGET2-BDF1 PNS1 CORE2 Germany TARGET2-BBk RPS Hong Kong SAR HKD CHATS USD CHATS EUR CHATS RMB CHATS India RTGS Cheque Clearing ECS / NECS NEFT Italy TARGET2-BDI BI-COMP Japan BOJ-NET FXYCS Zengin System Tokyo Clearing House Korea BOK-Wire+ Check Clearing System Interbank Shared Networks
7,214.1 10,359.6 96.7 92.1 7,934.0 1,003.2 100.2 nav 611.0 0.2 0.0 0.0 2,121.6 203.6 5,783.7 674.2 510.3 55.2 4,316.8 509.0 886.6 7,627.2 1,190.9 83.9 81.1 631.8 0.1 0.0 0.0 2,128.0 196.2 5,306.6 598.2 514.6 56.7 4,309.6 492.7 915.2
-6.8 13,130.9 11,267.2 22.3 1,005.4 1,157.1 -2.8 195.1 124.0 2148.6 nav nav 2.2 -10.2 -3.9 75.1 -2.8 -1.2 -2.6 -1.8 3.8 3.0 -2.1 -3.8 11.1 547.9 0.3 0.0 0.0 2,709.9 217.2 5,748.5 1,098.0 512.3 61.8 3,777.0 450.1 743.3 578.2 0.2 0.0 0.0 2,611.0 218.9 5,894.2 1,033.6 536.1 59.5 4,191.8 502.1 813.0
484
Comparative tables
Table PS3 (cont) System Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) 2007 2008 2009 2010 2011 11.5 2.4 20.1 -4.5 nap 55.4 22.0 -5.9 1.5 0.6 47.5 -4.2 nap -0.4 12.4 72.9 -15.5 -16.6 7.1 -3.8 4655.8 -6.0 -27.8 -63.2 14.4 -10.2 20.5 1.6 9.8 -5.5 7.4 -25.4 13.0 -1.7 -0.2 -0.2 65.0 27.2 7.1 -55.5 Value of transactions as a percentage of GDP (in %) 2007 1,196.0 37.8 6,829.2 359.8 nap 1,128.0 209.3 3.4 2008 1,185.9 37.1 2009 1,076.5 33.3 2010 1,169.6 28.4 2011 1,247.4 26.3
Mexico SPEI CECOBAN Netherlands TARGET2-NL Equens Russia BESP System VER MER Payments using letters of advice Saudi Arabia SARIE Singapore MEPS+(IFT) SGDCCS USDCCS IBG South Africa SAMOS - large SAMOS - retail Sweden E-RIX K-RIX Bankgirot Dataclearing Switzerland SIC Turkey TIC-RTGS BKM ICH United Kingdom CHAPS Euro CHAPS Sterling Cheque/credit BACS United States CHIPS Fedwire European Union6 TARGET EURO1 / STEP1 STEP2 XCT Service3 STEP2 ICT Service4 STEP2 SCT Service5
9,905.3 11,109.4 13,156.7 13,157.7 338.8 341.1 340.6 340.5 5.0 1,025.6 214.8 5.4 274.7 1,115.1 179.4 2.3 281.8 985.1 180.1 1.6 408.2 1,100.2 169.3 0.6
133.8 28.8 31.3 3.9 19.5 12.1 6.8 nav -3.1 12.3 16.8 15.8 10.6 15.1 8.0 8.6 13.7 -3.6 5.3 20.1 14.3 22.5 18.2 32.0 nav nav
-3.1 3.1 -13.3 4.1 7.5 13.0 1.0 nav 7.6 3.0 1.0 8.4 10.3 15.1 -3.5 -86.5 2.5 -10.2 3.0 1.0 8.6 -12.3 22.1 -15.5 27.0 nav
62.4 -13.4 -8.0 -7.0 1.6 -22.2 -8.6 nav 25.4 -3.7 -2.7 -1.6 1.5 7.9 -19.5 nav -19.2 -20.7 -4.3 -28.0 -16.0 -12.5 -11.5 -29.0 -8.9 75.4
-14.0 -3.5 9.7 16.6 10.2 -3.1 3.2 nav -22.8 5.7 6.4 -9.4 -1.1 10.4 6.7 nav -7.7 -15.8 1.9 -1.2 -4.9 15.9 -6.1 -10.4 1.5 80.1
-6.6 0.5 -2.1 0.7 4.5 0.8 1.9 nav -18.6 7.5 5.5 20.9 42.7 11.3 9.3 nav 7.8 -15.0 2.9 7.5 6.2 0.5 0.2 -25.5 -2.0 62.1
2,334.3 6,494.2 234.5 17.6 69.5 3,460.0 289.3 nav 3,930.7 213.9 69.1
2,008.2 7,115.8 216.1 19.5 79.4 3,816.1 285.3 nav 4,263.0 222.2 70.3
4,333.6 6,228.2 200.9 18.3 81.6 2,977.9 261.5 nav 5,620.5 225.1 72.0
3,243.8 5,318.1 194.9 18.9 79.5 2,690.9 251.8 nav 4,115.9 225.7 72.6
2,429.4 5,333.2 190.5 19.0 83.0 2,584.6 244.5 nav 3,236.6 234.2 73.9
9,667.9 10,221.6 10,250.5 2,139.6 7.7 26.1 3,321.2 4,806.5 88.5 261.4 3,461.7 4,780.7 7,488.2 646.2 4.0 11.0 nav 2,305.9 8.6 24.6 454.8 5,001.7 80.7 273.5 3,559.9 5,282.7 6,622.6 795.7 3.4 14.1 3.2 2,488.4 9.9 21.1 nav 4,245.1 67.2 275.0 2,607.4 4,516.6 6,011.3 731.2 2.5 13.4 5.8
9,022.8 10,699.8 2,269.5 10.1 20.8 nav 3,867.6 55.8 276.8 2,518.1 4,195.7 6,903.0 680.1 2.2 13.5 10.4 3,035.9 10.5 21.3 nav 4,216.2 48.0 288.0 2,675.5 4,403.4 6,932.3 680.9 1.7 13.2 16.8
485
Comparative tables
Table PS4

(end of year) System 2007 Australia RITS Belgium TARGET2-BE Clearing house CEC Brazil STR SITRAF BmfBovespa-FX COMPE SILOC Canada LVTS China HVPS BEPS France TARGET2-BDF1 PNS1 CORE2 Germany TARGET2-BBk RPS Hong Kong SAR HKD CHATS USD CHATS EUR CHATS RMB CHATS India RTGS Cheque Clearing ECS / NECS NEFT Italy TARGET2-BDI BI-COMP Japan BOJ-NET FXYCS Zengin System Tokyo Clearing House Korea BOK-Wire+ Check Clearing System Interbank Shared Networks 63 88 79 81 136 96 75 131 114 87 70,589 70,444 118 50 564 2,928 237 136 231 48 nav 105 115 nav 85 783 817 577 217 1,491 343 123 23 29 Total number of participants 2008 2009 2010 68 51 73 76 139 95 73 135 116 85 80,516 80,371 277 nap 424 2,891 256 142 226 50 nav 106 115 114 89 480 339 568 215 1,428 334 130 26 30 70 50 73 76 136 89 70 132 120 88 89,028 88,882 293 nap 423 2,787 223 141 229 50 nav 119 211 117 95 479 338 560 212 1,396 329 130 27 55 71 47 nap 75 151 96 71 131 125 87 of which: direct participants 2008 2009 2010 62 9 24 20 139 95 73 135 116 15 1,584 1,582 65 nap 12 203 256 142 76 30 nav 106 115 114 89 95 123 568 27 145 105 130 26 30 61 10 24 20 136 89 70 132 120 15 1,664 1,661 83 nap 11 184 223 141 80 30 nav 119 115 117 95 100 115 560 27 144 105 130 27 55 62 11 nap 19 151 96 71 131 125 16 1,724 1,723 83 nap 11 219 221 141 81 31 96 120 115 117 100 102 89 555 29 141 105 129 27 56
2011 82 48 nap 74 171 98 70 137 122 87
2007 58 16 24 21 136 96 75 131 114 15 1,494 1,492 88 16 12 188 237 136 74 28 nav 105 115 nav 85 110 124 577 29 146 105 123 23 29
2011 60 12 nap 18 171 98 70 137 122 16 1,747 1,754 89 nap 10 280 212 146 90 33 158 128 117 117 116 101 89 554 29 142 105 133 27 56
99,022 109,597 99,004 109,509 306 nap 421 2,730 221 141 224 50 96 120 212 117 100 462 nav 555 207 1,372 323 129 27 56 308 nap 402 2,745 212 146 219 52 158 128 209 117 116 441 nav 554 208 1,371 323 133 27 56
For the footnotes regarding the systems, see after this table.
486
Comparative tables
Table PS4 (cont) System 2007 Mexico SPEI CECOBAN Netherlands TARGET2-NL Equens Russia BESP System VER MER Payments using letters of advice Saudi Arabia SARIE Singapore MEPS+(IFT) SGDCCS USDCCS IBG South Africa SAMOS - large SAMOS - retail Sweden E-RIX K-RIX Bankgirot Dataclearing Switzerland SIC Turkey TIC-RTGS BKM ICH United Kingdom CHAPS Euro CHAPS Sterling Cheque/credit BACS United States CHIPS Fedwire6, 7 European Union TARGET EURO1 / STEP1 STEP2 XCT Service3 STEP2 ICT Service4 STEP2 SCT Service5 Memo: CLS 67 23 132 57 nap 4,087 4,087 4,203 Total number of participants 2008 2009 2010 77 23 102 56 739 4,123 4,123 4,143 81 26 103 53 1,155 3,948 3,940 3,957 85 27 99 48 3,343 3,738 3,738 608 of which: direct participants 2008 2009 2010 77 23 60 56 739 4,123 4,123 4,143 81 26 61 53 1,155 3,948 3,940 3,957 85 27 55 48 3,343 3,738 3,738 608
2011 89 28 100 47 3,248 3,590 3,594 543
2007 67 23 90 57 nap 4,087 4,087 4,203
2011 89 28 54 44 3,248 3,590 3,594 543
18 118 63 44 42 22 21 21 nap 19 19 346 48 27 42 nav nav nav 65,015 45 7,409 4,751 312 1,792 57 nav
20 119 61 45 38 22 21 21 nap 19 19 356 48 28 41 nav nav nav 63,515 47 7,292 4,568 316 1,802 65 4,147
20 135 63 46 43 24 23 23 nap 20 20 376 48 28 40 nav nav nav 60,615 48 7,329 4,554 283 1,818 78 4,472
21 135 64 47 45 24 23 24 nap 20 20 377 48 28 41 nav nav nav 62,616 50 8,323 4,508 274 1,789 76 4,638
23 136 64 48 45 24 23 25 nap 20 20 380 47 27 40 nav nav nav 63,415 52 8,357 4,478 259 1,673 73 4,669
18 58 34 31 35 22 21 21 nap 19 19 346 48 27 42 13 15 12 15 nav nav 1,055 312 108 9 nav
20 60 34 32 31 22 21 21 nap 19 19 356 48 28 41 0 15 12 15 nav nav 941 316 106 8 114
20 63 34 31 37 24 23 23 nap 20 20 376 48 28 40 nav 15 12 15 nav nav 989 283 106 7 117
21 64 34 31 33 24 23 24 nap 20 20 377 48 28 41 nav 18 10 16 nav nav 1,054 274 103 6 124
23 64 34 32 39 24 23 25 nap 20 20 380 47 27 40 nav 18 11 15 nav nav 1,100 259 97 6 123
57
57
60
59
61
55
55
58
57
59
487
Comparative tables
Table PS4 (cont) System Australia RITS Belgium TARGET2-BE Clearing house CEC Brazil STR SITRAF BmfBovespa-FX COMPE SILOC Canada LVTS China HVPS BEPS France TARGET2-BDF1 PNS1 CORE2 Germany TARGET2-BBk RPS Hong Kong SAR HKD CHATS USD CHATS EUR CHATS RMB CHATS India RTGS Cheque Clearing ECS / NECS NEFT Italy TARGET2-BDI BI-COMP Japan BOJ-NET FXYCS Zengin System Tokyo Clearing House Korea BOK-Wire+ Check Clearing System Interbank Shared Networks Concentration ratio in terms of volume (in %) 2007 2008 2009 2010 2011 72.7 84.0 84.1 81.7 36.4 54.7 nav 66.9 67.2 83.0 61.7 66.4 47.0 66.2 68.3 0.5 0.3 nav nav nav nav 40.0 73.2 10.3 0.7 48.9 46.0 nav nav nav nav 28.9 nav nav 72.9 90.0 83.9 81.8 34.2 59.0 nav 68.8 69.8 82.5 62.0 63.1 53.3 62.5 69.2 0.5 0.3 nav nav nav nav 41.0 67.7 12.0 1.6 59.1 54.3 nav nav nav nav 29.7 nav nav 73.4 92.8 82.1 81.4 32.6 58.9 nav 70.4 71.8 81.4 61.0 63.2 53.9 nap 67.8 0.5 0.3 nav nav nav nav 33.0 65.8 11.8 3.2 55.3 52.0 nav nav nav nav 29.6 nav nav 72.5 91.0 nap 82.2 36.6 63.2 44.4 71.5 76.6 81.4 58.0 62.4 51.9 nap 80.1 0.5 0.3 nav nav nav nav 40.6 60.4 11.9 5.8 42.9 49.0 nav nav nav nav 30.4 nav nav 70.8 91.8 nap 85.0 40.3 72.1 47.5 79.8 82.7 80.8 57.5 60.9 53.0 nap 73.4 0.5 0.3 nav nav nav nav 45.1 53.6 11.4 9.1 44.0 51.7 nav nav nav nav 30.0 nav nav Concentration ratio in terms of value (in %) 2007 2008 2009 2010 2011 62.3 91.0 88.5 82.4 44.0 72.2 nav 67.9 65.4 76.8 54.9 98.6 58.2 68.9 64.8 0.6 0.2 nav nav nav nav 47.0 92.8 5.8 1.0 50.7 43.9 nav nav nav nav 35.7 nav nav 62.4 93.3 88.0 82.6 47.0 73.7 nav 70.0 68.1 75.8 46.2 66.5 61.9 69.4 67.3 0.4 0.1 nav nav nav nav 46.2 96.1 1.3 1.9 52.8 50.4 nav nav nav nav 37.6 nav nav 61.8 89.4 86.1 82.2 56.0 72.9 nav 71.2 69.9 74.2 46.9 59.0 61.6 nap 74.6 0.3 0.2 nav nav nav nav 46.0 93.8 1.7 3.7 57.7 52.0 nav nav nav nav 35.9 nav nav 62.7 92.0 nap 83.2 54.1 76.6 51.7 72.2 75.4 75.1 42.5 47.6 60.8 nap 80.6 0.3 0.1 nav nav nav nav 44.4 88.6 2.2 8.2 56.5 53.8 nav nav nav nav 36.3 nav nav 61.8 92.3 nap 84.6 54.1 77.4 58.2 79.6 83.0 74.3 40.6 48.0 64.2 nap 81.0 0.3 0.2 nav nav nav nav 42.5 81.8 2.2 14.8 56.5 57.0 nav nav nav nav 34.5 nav nav
488
Comparative tables
Table PS4 (cont) System Mexico SPEI CECOBAN Netherlands TARGET2-NL Equens Russia BESP System VER MER Payments using letters of advice Saudi Arabia SARIE Singapore MEPS+(IFT) SGDCCS USDCCS IBG South Africa SAMOS - large SAMOS - retail Sweden E-RIX K-RIX Bankgirot Dataclearing Switzerland SIC Turkey TIC-RTGS BKM ICH United Kingdom CHAPS Euro CHAPS Sterling Cheque/credit BACS United States CHIPS Fedwire European Union TARGET EURO1 / STEP1 STEP2 XCT Service3 STEP2 ICT Service4 STEP2 SCT Service5 Concentration ratio in terms of volume (in %) 2007 2008 2009 2010 2011 83.8 84.9 0.6 1.0 nap nap nap nap 80.4 83.1 0.5 1.0 71.4 nap nap nap 80.8 82.5 0.6 1.0 63.6 nap nap nap 80.1 82.2 0.6 1.0 91.4 nap nap nap 78.4 83.5 0.7 1.0 18.1 nap nap nap Concentration ratio in terms of value (in %) 2007 2008 2009 2010 2011 77.1 75.4 0.7 1.0 nap nap nap nap 72.3 72.6 0.5 0.9 97.0 nap nap nap 68.7 75.8 0.5 0.9 98.0 nap nap nap 66.8 83.5 0.4 0.9 48.0 nap nap nap 66.0 80.6 0.4 0.9 73.0 nap nap nap
77.9 nav 88.2 74.4 87.3 87.1 63.9 nap 86.5 nap nap 62.4 57.5 77.1 50.8 74.0 79.0 75.0 79.0 nav nav 21.4 30.5 27.0 91.9 nav
80.1 nav 87.8 74.5 86.4 89.9 65.1 nap 87.0 nap nap 62.3 59.8 75.0 44.0 70.0 79.0 75.0 76.0 nav nav nav 29.8 29.5 96.2 37.0
79.9 nav 88.3 76.1 87.1 88.7 64.7 nap 87.5 nap nap 62.0 60.6 71.3 51.9 nav 79.0 75.0 78.0 nav nav nav 30.7 34.9 99.3 25.2
66.0 nav 83.6 69.5 80.1 84.9 97.2 nap 78.2 nap nap 68.2 64.3 71.5 52.1 80.0 77.0 77.0 nav nav nav 20.4 46.1 25.1 85.0 nav
68.2 nav 82.3 70.1 80.2 84.4 96.9 nap 78.9 nap nap 67.3 62.9 68.5 51.3 77.0 75.0 77.0 nav nav nav 16.0 45.4 28.8 96.1 29.6
81.4 nav 86.0 74.5 81.7 84.9 96.6 nap 79.7 nap nap 73.2 64.4 65.3 45.5 nav 74.0 77.0 nav nav nav 14.6 46.7 30.2 99.2 22.5
489
Comparative tables
Footnotes for Tables PS14

Australia: 1 Australian eastern standard time. 2 Australian eastern daylight-saving time. Brazil: 1 Any financial institution holding a reserve account or a settlement account at the Central Bank of Brazil. 2 The system is owned by CIP, a non-for-profit association owned by banks. 3 Any bank holding a reserve account at the Central Bank of Brazil. 4 The system is owned by BMFBOVESPA, which is a for-profit company. 5 Any bank authorised by the Central Bank of Brazil to carry out FX transactions and holding a reserve account at the Central Bank of Brazil. 6 Payments become final at the moment settlement is completed by the system, which occurs througout the day. 7 T and T+1 are also possible, but the relevant volume and value are very low. 8 The time of settlement finality depends on the value of the cleared documents. Canada: 1 Not all payment categories process in real-time. 2 To become a direct clearer, an institution must process payment items volume of at least 0.5% of the total national volume of payment items. 3 Final settlement occurs at 18:30. However, due to the risk controls and legal framework in place, the LVTS provides real-time settlement finality on a payment by payment basis. 4 No standard hours. 5 ACSS does not legally support settlement finality, however, settlement entries in accounts at the central bank are considered final. China: 1 Payment orders are submitted for settlement during the day at the designated time. France: 1 Since 18 February 2008, TBF (the French component of TARGET) and PNS have been replaced by TARGET2-Banque de France, the single French large value payment system. 2 Launched on 28 January 2008, CORE progressively replaced the former retail payment infrastructure SIT, closed on 25 October 2008. Germany: 1 For legacy credit transfers. Payments submitted after 7:00 are settled on the next banking business day. 2 For legacy direct debits and BSE cheque collection procedure. Payments submitted after 9:00 are settled on the next banking business day. 3 For ISE cheque collection procedure. 4 For SEPA credit transfers. Payments submitted after 12.00 are settled on the next banking business day. 5 For SEPA direct debits. Hong Kong SAR: 1 Hong Kong Interbank Clearing Limited is the system operator of HKD CHATS, USD CHATS, EUR CHATS and RMB CHATS in Hong Kong. It is jointly owned by the Hong Kong Monetary Authority and the Hong Kong Association of Banks. 2 The money market in Hong Kong can operate any time in a day but for same day settlement in Hong Kong, a transaction has to be submitted to one of the CHATS for processing between 08:30 and 18:30. India: 1 For ECS.
2
For NECS.
Italy: 1 Transfer orders are legally enforceable and binding on third parties when the system completes the gathering of the transfer orders or the bilateral balances stemming from the two BI-COMP subsystems (Local Clearing and Retail). Japan: 1 Processing costs of transfer orders are recovered from the participants, but development and maintenance costs of BOJ-NET are covered by the Bank of Japan. 2 Cut-off time is extended to 19:00 only for participants approved by the Bank of Japan for the use of extended operating hours between 17:00 and 19:00. 3 According to the guideline of FXYCS, all payments except CLS payments are submitted to the system by 14:00. 4 Cut-off time for bills and cheques sorted by banks. Bills and cheques for sorting at TCH must be submitted by 21:00 of the day before the value date. 5 Large-value payments (equal to or larger than 100 million yen) are routed to BOJ-NET for real tiem settlement. 6 With the consent of the receiving bank, third party orders may be entered for same day settlement until the cut-off time of the system. 7 19:00 for market participants with access to the extended operating hours of BOJ-NET. Korea: 1 For Interbank Funds Transfer System. 2 For CD/ATM System and Electronis Banking System. 3 For CMS System. Mexico: 1 SPEI opens at 19:00 of the previous day, and mostly CLS and government payments are settled before 07:45. Netherlands: 1 In principle; sometimes less. Russia: 1 RTT in the majority of regional subsystems of the Bank of Russia payment system (BRPS); ACH in the Moscow region. 2 A certain low amount of payments is not processed centrally due to technical issues. 3 Moscow time. 4 Local time of the regional subsystem. 5 Cut-off time of third-party orders depends on the time schedule of the regional subsystem, through which associated participants send payments to the BESP system (for direct participants it is 21:00 Moscow time regardless of their location). Thus cut-off time for orders of participants in the BESP system is not earlier than 17:00 local time. Additional time limits for cut-off of third-party orders may be set by agreements between participants of the BRPS and their customers. 6 Opening and closing hours are given for stock and money markets. For the OTC market opening and closing hours may be different. 7 Not earlier than 17:00. VER systems operate at regional level according to local time. 8 In the MER system payments are carried out on a gross basis with intraday finality, except for settlements between regions located in remote time zones, which have finality no later than the next day (T+1). 9 Local time. In some selected regions, the closing time can be extended. 10 T+2 at the latest for intraregional transactions, T+5 at the latest for interregional transactions. Letters of advice take an average time of 3.22 days for ensuring payments, calculated taking into account the number of (manual) operational steps involved in the intraregional and interregional settlement of postal and telegraphic letters of advice. Settlement time for postal letters of advice considerably depends on the operation conditions of the payment documents delivery services. Singapore: 1 MEPS does not impose a cut-off time for third-party/international correspondents' payments, but the Association of Banks in Singapore (ABS) bye-laws on MEPS require all such payments to be made by 17:30 on Mondays-Fridays. South Africa: 1 Volumes of transactions in retail payment streams are settled in batches. Thus, volumes recorded by the system represent the number of batches and not actual transactions settled. Sweden: 1 No same day transaction. 2 Payments become final on completion of settlement, which occurs throughout the day. 3 The settlement points for the different flows are spread out between 07:15 and 16:20. 4 The settlement points for the different flows are spread out between 07:15 and 15:20. Switzerland: 1 The system is open for input 24 hours a day. Settlement services are limited by the indicated opening and closing times. A value day starts at 17:00 local time on the previous business day and ends at 16:15 on the value day. Third-party payments may be entered for same day settlement until 15:00. Between 15:00 (clearing stop 1) and 16:00 (clearing stop 2) only cover (bank-to-bank) payments are accepted for same day settlement. From 16:00 to 16:15 transactions are restricted to the processing of Liquidity-Shortage Financing Facility (special-rate repo transactions, collateralised loans from the Swiss National Bank at a penalty rate). United Kingdom: 1 In net settlement, the payment becomes final and irrevocable once details of the payment have been entered into the Interbank Data Exchange (IBDE). 2 In net settlement, the payment becomes final when the payment has had an effect on the bilateral net position.
490
Comparative tables
Footnotes for Tables PS14 (cont)

United States: 1 Local times are Eastern time. 2 CHIPS, the Clearing House Interbank Payments System, is owned by The Clearing House. 3 Any depository institution, including a US branch or agency of a foreign bank, may maintain an account with a Federal Reserve Bank. 4 Payments over CHIPS become final on completion of settlement, which occurs throughout the day. 5 Trading occurs among dealers for funds on deposit at Federal Reserve Banks (ie federal funds) as early as 06:30. 6 Other Fedwire Funds Service participants not included here are: the US Treasury and any entity specifically authorised by federal statute to use the Reserve Banks as fiscal agents or depositories; entities designated by the Secretary of the Treasury; foreign central banks, foreign monetary authorities, foreign governments and certain international organisations. European Union: 1 All times are Central European Time (CET). 2 STEP2 payments are settled in EURO1 at 07:30 CET. 3 STEP2 XCT Service commenced settlement transactions on 29 April 2003. 4 STEP2 ICT Service commenced settlement transactions in November 2006. Data are available from 2007 onwards. 5 STEP2 SCT Service became operational on 28 January 2008. 6 Using euro area consumer price (HICP) inflation and GDP respectively. CLS: 1 Includes some non-bank financial institutions. 2 Central European Time (CET). 3 Each side of the transaction is counted separately. Spot and forward transactions have two sides, while swaps have four. In trillions of US dollars.
491
Comparative tables
Table TRS1
Features of selected exchanges and trading systems

(at end-2011) System Australia ASX ASX 24 Belgium Regulated off-exchange1 Euronext Brussels Brazil BmfBovespa-Equities BmfBovespa-Derivatives Canada TSX MX NGX ICE CNSX Alpha China Shanghai Stock Exchange Shenzhen Stock Exchange France Euronext Paris Germany Xetra Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Eurex Hong Kong SAR Hong Kong Stock Exchange Owner/ manager Markets / products SEC: E, O; DER DER Trading Operating times Relationship with CCP 10:00-16:00 17:10-07:00, 08:30-16:303 nap 9:00-17:40 int2 int4
SE1 SE1
ELT ELT
O SE
SEC: G SEC: B, G, E, O; DER SEC: E, O; DER DER SEC: B, E DER DER DER SEC: E SEC: E, B, O; DER SEC: B, G, E, O; DER SEC: B, G, E, O; DER SEC: B, G, E, O; DER SEC: E, O SEC: B, G, E, O
ELT ELT
nap indep
SE SE SE1 SE1 SE1 SE6 O9 B, O11
ELT ELT ELT ELT ELT ELT ELT ELT
10:00-17:001 9:00-18:003 09:30-16:00 06:00-16:15 05:00-15:003 20:00-14:157 09:30-16:00 04:30-17:0012

3
int2 int2 par2 par4 int5 par8 indep10 indep10
SE SE
ELT ELT
09:15-11:301, 13:00-15:302 9:15-11:30, 13:00-15:00 09:00-17:30
indep3 indep3
SE1
ELT
indep2
SE1 SE1
ELT FLT
09:00-17:30 09:00-20:00 int2
SE3 SE
DER SEC: B, G, E; DER: O1
ELT ELT
07:30-22:004 09:30-12:302, 12:30-14:302, 3, 14:30-16:002 09:00-17:00 09:00-15:30 09:00-15:30 08:00-17301 08:00-17:30 07:45-18:30 09:00-15:00 09:00-15:10 08:45-15:30 nav
India NDS BSE: BOLT NSE: NEAT Italy Borsa Italiana MTS PCT Japan Tokyo Stock Exchange (TSE) Osaka Securities Exchange (OSE) Tokyo Financial Exchange (TFX) Korea Korea Exchange(KRX) Mexico BMV Mexder Netherlands Euronext Amsterdam
CB, O SE SE SE SE SE B, O B, O B, O
SEC: G SEC: E, B; DER SEC: E, B; DER SEC: B, G, O DER SEC: B, G SEC: B, G SEC: B, G, E, O; DER SEC: B, G, E, O; DER DER
ETL ETL ETL ELT ELT ELT ELT ELT ELT
nap int1 int2 int2 int2; indep3 int2; indep3 indep indep1; int2, 3 int4 int3
SEC: B, G, E, O; DER SEC: E DER nav
ELT
09:00-15:001, 09:00-15:152 08:30-15:00 08:00-15:00 09:00-17:00
SE SE, O SE1
ELT ELT nav
par1 int2 nav
492
Comparative tables
Table TRS1 (cont) System Russia MICEX-RTS MICEX SE Saudi Arabia Tadawul Singapore SGX South Africa Johannesburg Stock Exchange (JSE) Sweden NASDAQ OMX Stockholm Switzerland SIX Swiss Exchange Turkey Istanbul Stock Exchange Turkish Derivatives Exchange United Kingdom London Stock Exchange Virt-x United States1 New York Stock Exchange Nasdaq American Stock Exchange Owner/ manager Markets / products SEC: B, G, E, O; DER SEC: B, E, O; DER SEC: B, E SEC: B, E, O SEC: B, E Trading Operating times Relationship with CCP 09:30-23:50 09:30-23:50 par par
CB, B, O B, SE, O
ELT ELT
SE SE SE
ELT ELT ELT
11:00 - 15:30 09:00-17:001 09:00-17:00
nap indep nap
SE1
SEC: B, G, E, O; DER SEC: B, G, E, O; DER SEC: B, G, E, O DER nav nav SEC: E, O; DER SEC: E,O SEC: E, O; DER
ELT
09:00-17:30
int2
B, CB1
ELT
08:30-17:30
int2; indep3
SE B, O, SE3 nav nav O O SE
ELT, FLT ELT nav nav FLT, ELT ELT FLT
9:30-17:301, 09:30-17:002 09:15-17:35 nav nav 09:30-16:00 09:30-16:00 09:30-16:00
nap indep4 nav nav indep2 indep2 indep2
Australia: 1 ASX Group. 2 ASX Clear. 3 Market hours vary for individual products and depending on whether daylight saving time is in place. 4 ASX Clear (Futures). Belgium: 1 Rentefonds. 2 NYSE Euronext. Brazil: 1 Regular operating time, which is changed to 11:00-18:00 during the daylight saving time. 2 BmfBovespa. 3 General operating time. There are specific operating times for specific markets and products. Canada: 1 TMX Group. 2 CDS. 3 Market hours vary for individual product classes. 4 CDCC. 5 NGX. 6 IntercontinentalExchange. 7 Operating time is from 20:00 to 14:15 of the following day. 8 ICE. 9 CNSX Markets Inc. 10 CDS. 11 CIBC World Markets Inc., RBC Dominion Securities Inc., National Bank Financial Inc., TD Securities Inc., Scotia Capital Inc., Canaccord Financial Inc., Desjardins Securities Inc. and the Canada Pension Plan Investment Board. 12 Trading hours are from 09:30-17:00 EST. China: 1 9:15-9:25 for call auction. 2 15:00-15:30 for block trading. 3 SD&C. France: 1 Euronext has a credit institution's status. 2 LCH.Clearnet SA. Germany: 1 Deutsche Brse AG. 2 Eurex Clearing AG. 3 Deutsche Brse AG (50%) and SIX Swiss Exchange (50%). 4 Depending on instruments. Hong Kong SAR: 1 Equities include ordinary shares, preference shares, registered warrants, provisional allotment letters representing nil paid rights; structured products include derivative warrants, equity linked instruments, callable bull/bear contracts; bonds include Exchange Fund 2 Before notes, Hong Kong SAR retail bonds and Hong Kong SAR Link Retail Bonds; unit trust funds includes Exchange Traded Funds. 10:00, auction session; after 10:00, continuous trading session. 3 For iShares only. India: 1 BOISL and ICCL. Japan: 1 For securities. Korea: 1 For securities. Mexico: CCV.
1 2 2 2 2
NSCCL.
2
Italy: 1 An afterhours session is scheduled for some markets. For derivatives. For derivatives.
3 3
Cassa di Compensazione e Garanzia.
LCH.Clearnet SA.
OSE. KRX.
TFX.
Asigna.
Netherlands: 1 NYSE Euronext. Singapore: 1 SGX has a pre-opening routine where orders entered from 08:30 to 08:59 are matched between 08:59 to 09:00 before trading commences at 09:00. Similarly there is another closing routine where all orders entered between 17:00 and 17:05 are matched between 17:05 and 17:06 and the prices established in the closing routine will be the closing price for the day. Sweden: 1 OMX AB. 2 OMX Derivatives Markets, which is a secondary legal name for the OMX Nordic Exchange Stockholm AB. Switzerland: 1 The Swiss National Bank owns an immaterial number of shares of SIX Group. 2 SIS x-clear AG. 3 LCH.Clearnet Ltd. Turkey: 1 For equities only. No trading between 12:30-14:00. 2 For bonds, government securities only. No trading between 12:00-13:00. 3 Istanbul Stock Exchange is a shareholder (18%) of the Turkish Derivatives Exchange. 4 Takasbank, a CCP, is also a shareholder (3%) of the Turkish Derivatives Exchange. United States: 1 Local times are Eastern time.
2
NSCC.
493
Comparative tables
Table TRS2
Trades executed on selected exchanges and trading systems: number of transactions

(total for the year) System Number of transactions (millions) 2007 Australia ASX ASX 24 Belgium Regulated off-exchange Euronext Brussels Brazil BmfBovespa-Equities BmfBovespa-Derivatives Canada TSX Montral Exchange NGX ICE CNSX Alpha China Shanghai Stock Exchange Shenzhen Stock Exchange France Euronext Paris Germany Xetra Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Eurex Hong Kong SAR Hong Kong Stock Exchange India NDS BSE: BOLT NSE: NEAT Italy Borsa Italiana MTS PCT Japan TSE OSE TFX 69.19 92.71 0.077 nav 38.01 5.69 127.25 42.74 0.24 3.45 nap nap 1,813.6 956.0 106.91 86.90 2008 107.14 76.08 0.080 nav 61.57 7.14 188.81 38.06 0.33 3.32 nap nap 1,520.5 713.8 133.12 122.62 2009 116.49 64.58 2010 136.36 86.19 2011 161.17 104.49 0.133 1,441.7 142.41 19.67 223.27 61.78 0.39 4.75 nap nap 1,311.0 1,047.0 146.89 134.88 Increase in the number of transactions (% change on previous year) 2007 81.0 16.0 1.3 nav 74.4 40.9 38.1 5.4 13.3 19.2 nav nav 238.3 208.2 42.8 63.5 2008 54.8 -17.9 3.4 nav 62.0 25.6 48.4 -10.9 41.0 -3.8 nav nav -16.2 -25.3 24.5 41.1 2009 8.7 -15.1 9.6 nav 33.7 34.1 4.2 -8.7 -8.8 7.5 nav nav 52.2 80.5 -16.0 -25.8 2010 17.1 33.5 17.6 nav 30.2 71.1 0.9 27.5 13.7 20.6 nav nav -25.4 4.4 12.3 15.1 2011 18.2 21.2 29.5 0.6 32.9 20.0 12.6 39.5 11.4 10.5 nav nav -24.1 -22.2 17.1 28.8
0.087 0.103 nav 1,433.55 82.33 9.58 196.66 34.75 0.30 3.57 nap nap 2,314.0 1,288.4 111.76 91.01 107.19 16.40 198.34 44.30 0.35 4.30 nap nap 1,726.2 1,345.0 125.45 104.74
88.88 1,899.8 0.152 0.19 530.3 1,597.7 nav 0.34 0.65 nav nav nav
31.48 2,164.4 0.142 0.25 540.8 2,055.1 nav 0.18 0.62 nav nav nav
20.44 1,684.5 0.178 0.32 605.6 2,739.6 nav 0.13 0.54 nav nav nav
21.66 1,891.0 0.195 0.33 528.6 3,334.5 nav 0.16 0.62 nav nav nav
14.14 2,034.7 0.217 0.06 394.6 3,616.3 nav 0.15 0.74 nav nav nav
8.8 24.4 136.6 37.7 53.2 59.5 nav 9.8 37.5 nav nav nav
-64.6 13.9 -6.9 30.2 2.0 28.6 nav -48.1 -4.9 nav nav nav
-35.1 -22.2 25.8 28.9 12.0 33.3 nav -24.0 -12.4 nav nav nav
6.0 12.3 9.5 4.9 -12.7 21.7 nav 20.3 14.7 nav nav nav
-34.7 7.6 11.1 -81.5 -25.3 8.5 nav -6.9 18.9 nav nav nav
494
Comparative tables
Table TRS2 (cont) System Number of transactions (millions) 2007 Korea KRX Mexico BMV Mexder Netherlands Euronext Amsterdam Russia MICEX MICEX SE RTS MICEX-RTS Saudi Arabia Tadawul Singapore SGX South Africa JSE Sweden OMX Stockholm NASDAQ OMX Stockholm Switzerland SIX Swiss Exchange Turkey Istanbul Stock Exchange Turkish Derivatives Exchange United Kingdom London Stock Exchange Virt-x United States New York Stock Exchange Nasdaq American Stock Exchange 2,777.4 3.56 229.0 39.2 0.119 46.76 145.09 nap 65.67 27.86 13.23 24.91 0 8.71 48.86 24.87 nav nav 2,333.0 1,646.4 nav 2008 2,867.3 4.57 70.1 45.6 0.203 62.63 239.95 nap 52.14 22.66 19.34 28.78 0 7.84 46.39 54.47 nav nav 3,218.9 2,215.1 nav 2009 3,102.9 7.48 48.8 44.2 0.177 116.05 477.73 nap 36.46 22.85 22.89 nav 0 33.27 69.19 79.43 nav nav 2,726.2 2,242.6 nav 2010 3,751.0 8.45 42.6 45.3 13.215 129.35 627.69 nap 19.56 21.72 25.91 nav 0 33.58 81.84 63.95 nav nav 2,062.8 2,162.6 nav 2011 3,924.1 11.19 46.8 52.2 34.079 134.14 168.12 nav 25.55 20.84 29.43 nav 0 38.64 103.22 74.29 nav nav 2,006.3 2,250.6 nav Increase in the number of transactions (% change on previous year) 2007 2008 2009 2010 2011 12.2 43.8 -16.8 46.8 111.9 32.7 61.6 nap -31.7 -4.6 43.8 42.4 nav 53.4 6.1 263.1 nav nav 83.5 25.8 nav 3.2 28.3 -69.4 16.4 71.2 33.9 65.4 nap -20.6 -18.7 46.1 15.5 nav -10.0 -5.1 119.1 nav nav 38.0 34.5 nav 8.2 63.5 -30.5 -3.3 -13.0 85.3 99.1 nap -30.1 0.8 18.4 nav nav 324.2 49.1 45.8 nav nav -15.3 1.2 nav 20.9 13.0 -12.7 2.6 7,384.2 11.5 31.4 nap -46.4 -4.9 13.2 nav nav 0.9 18.3 -19.5 nav nav -24.3 -3.6 nav 4.6 32.4 9.8 15.2 157.9 3.7 -73.2 nap 30.7 -4.1 13.6 nav nav 15.1 26.1 16.2 nav nav -2.7 4.1 nav
495
Comparative tables
Table TRS3
Trades executed on selected exchanges and trading systems: value of transactions

(total for the year) System Value of transactions (USD billions) 1 2007 Australia ASX ASX 24 Belgium Regulated off-exchange Euronext Brussels Brazil BmfBovespa-Equities BmfBovespa-Derivatives Canada TSX Montral Exchange NGX ICE CNSX Alpha China Shanghai Stock Exchange Shenzhen Stock Exchange France Euronext Paris Germany Xetra Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Eurex Hong Kong SAR Hong Kong Stock Exchange India NDS BSE: BOLT NSE: NEAT Italy Borsa Italiana MTS PCT Japan TSE OSE TFX
1
Average value per transaction (USD thousands) 1 2007 19.47 nap 2008 11.20 nap 2009 7.98 nap 2010 9.21 nap 2011 8.44 nap 9,677.0 0.09 9.94 1,406.5 6.90 377.0 87.1 11.12 nav nav 5.37 2.86 12.13 15.38
2008 1,199.7 nap 872.3 nav
2009 929.1 nap 909.9 nav
2010 1,256.1 nap 1,053.3 122
2011 1,360.9 nap
1,346.9 nap 911.6 nav
1,285.6 11,839.5 10,961.2 10,430.5 10,268.3 125.8 nav nav nav 0.1 20.85 2,905.7 12.74 384.1 256.5 7.34 nav nav 2.84 2.66 34.00 38.48 15.09 2,120.9 9.33 289.7 230.7 10.28 nav nav 2.61 2.04 21.29 28.27 9.75 1,394.6 6.30 228.0 106.9 7.19 nav nav 2.80 2.26 14.30 19.19 11.69 1,466.9 6.98 337.7 125.2 8.54 nav nav 3.41 2.72 12.96 18.15
792.6 929.4 802.7 1,253.6 1,415.7 16,530.7 15,150.9 13,364.4 24,056.8 27,671.6 1,621.0 1,760.8 16,418.1 11,025.7 60.63 76.88 25.33 34.16 nap nap nap nap 5,158.1 2,546.9 3,635.5 3,343.6 3,972.9 1,452.5 2,834.3 3,466.9 1,238.6 1,383.7 1,539.6 7,925.0 14,957.9 23,287.9 32.52 43.29 33.55 25.67 36.75 52.86 nap nap nap nap nap nap 6,471.6 2,910.6 1,598.0 1,746.3 5,884.8 3,654.7 1,626.4 1,901.3 7,036.4 2,989.8 1,782.1 2,075.1
1,710.4 1,835.6 1,014.8 833.2 522.4 169,953 167,074 110,060 129,922 149,205 2,781.0 400.5 382.4 4,030 2,268.1 497.6 253.4 3,207.2 2,004.2 601.8 284.9 4,873.3 2,223.9 626.4 241.6 7,932.4
19.24 89.46
58.31 77.19
49.66 65.34
38.47 68.71
36.93 73.33
2,215.4 18,279.1 16,015.1 11,249.9 11,402.1 10,222.9 232.1 143.6 8,357.2 2,120.9 0.72 2.52 2,022.9 0.47 1.56 1,898.8 0.47 1.78 1,884.7 0.46 2.38 3,784.2 0.36 2.31
nav nav nav nav nav nav nav nav nav nav 2,278.4 1,277.9 1,013.5 1,164.4 1,207.4 6,760.8 7,302.1 7,620.2 7,277.6 8,103.6 24,252.0 25,173.0 23,901.7 23,950.3 25,199.0 37,139.4 40,536.2 43,937.0 38,382.0 33,961.0 20,302.1 18,020.4 12,695.9 14,779.1 14,585.5 5,324.9 5,491.5 3,781.9 4,276.1 4,072.5 33,081.7 21,634.0 13,968.0 12,855.1 9,036.1 nav nav nav nav nav nav nav nav nav nav nav nav nav nav nav
Converted at yearly average exchange rates.
496
Comparative tables
Table TRS3 (cont) System Value of transactions (USD billions) 1 2007 Korea Korea Exchange(KRX) Mexico BMV Mexder Netherlands Euronext Amsterdam Russia MICEX MICEX SE RTS MICEX-RTS Saudi Arabia Tadawul Singapore SGX South Africa JSE Sweden OMX Stockholm NASDAQ OMX Stockholm Switzerland SIX Swiss Exchange Turkey Istanbul Stock Exchange Turkish Derivatives Exchange United Kingdom London Stock Exchange Virt-x United States New York Stock Exchange Nasdaq American Stock Exchange
1
2008 7,819.3 128.90 655.5 1,213.3 1,191.4 1,949.4 460.4 nap 523.5 273.2 3,356.0 nav nav 327.5 490.1 160.85 nav nav
2009
2010
2011
Average value per transaction (USD thousands) 1 2007 2008 2009 2010 2011 2.80 36.42 9.21 49.38 2.73 28.20 9.35 26.58 2.73 18.37 7.85 14.24 3.24 19.68 8.94 14.18 65.20 16.58 1.76 nap 9.33 13.68 125.1 nav nav 32.88 8.81 4.50 nav nav 8.65 6.06 nav 3.67 15.11 9.02 12.39 50.15 23.67 11.87 nav 14.09 14.24 135.3 nav nav 32.38 6.81 3.55 nav nav 9.02 6.35 nav
7,789.2 129.75 2,107.9 1,935.7 970.8 1,701.0 309.3 nap 682.1 401.2 3,109.5 nav nav 339.6 577.6 90.69 nav nav
8,483.8 12,152.2 14,408.7 137.35 382.7 628.9 1,059.3 1,285.5 499.2 nap 337.1 234.9 2,324.0 nav nav 1,008.1 581.5 216.00 nav nav 166.28 381.0 642.7 861.7 2,144.6 1,105.8 nap 202.7 297.2 3,242.3 nav nav 1,104.2 721.0 287.71 nav nav 169.08 421.7 646.9
1,709.0 8,183.46 5,867.70 5,999.26 3,175.6 36.38 31.12 11.08 1,995.6 2.13 1.92 1.04 nav nap nap nap 293.5 296.7 3,982.7 nav nav 1,251.2 702.5 263.35 nav nav 24.48 14.40 235.0 nav nav 38.97 11.82 3.65 nav nav 12.82 9.30 nav 23.10 12.06 173.5 nav nav 41.75 10.56 2.95 nav nav 8.72 6.88 nav 14.75 10.28 101.5 nav nav 30.30 8.40 2.72 nav nav 6.44 4.78 nav
29,909.0 28,080.3 17,562.5 17,852.9 18,094.7 15,318.6 15,245.3 10,730.2 13,098.9 14,300.5 nav nav nav nav nav
497
Comparative tables
Table TRS3 (cont) System Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) 2007 2008 2009 2010 2011 40.1 nap 10.6 nav 100.8 34.5 17.7 -7.1 14.5 63.9 nav nav 294.5 362.2 15.4 50.0 -15.0 nap -14.3 nav 4.4 -18.4 5.2 -34.9 22.8 30.6 nav nav -32.5 -50.0 -29.3 -5.6 -19.0 nap 9.7 nav -10.2 -8.2 -24.9 -23.2 -54.8 -19.7 nav nav 63.7 101.4 -40.8 -47.1 14.3 nap 18.9 nav 30.1 50.0 -1.0 67.2 18.0 26.8 nav nav -12.7 20.5 5.2 13.2 -7.1 nap 12.2 -4.9 0.9 2.8 3.8 45.3 -27.7 34.2 nav nav 8.3 -25.9 1.9 1.3 Value of transactions as a percentage of GDP (in %) 2007 141.5 nap 198.4 nav 58.0 1,210.2 113.9 1,153.6 4.3 1.8 nap nap 147.7 72.9 140.8 100.6 2008 114.2 nap 172.1 nav 56.3 918.1 117.1 733.0 5.1 2.3 nap nap 86.6 31.6 100.2 95.8 2009 93.0 nap 192.0 nav 49.4 822.5 92.5 591.9 2.4 1.9 nap nap 131.8 59.3 60.9 52.9 2010 100.8 nap 223.6 25.8 58.5 1,122.6 87.7 948.3 2.7 2.3 nap nap 101.6 63.1 63.5 57.6 2011 90.7 nap 250.0 24.5 57.2 1,118.5 88.5 1,338.6 1.9 3.0 nap nap 96.4 41.0 64.2 57.6
Australia ASX ASX 24 Belgium Regulated off-exchange Euronext Brussels Brazil BmfBovespa-Equities BmfBovespa-Derivatives Canada TSX Montral Exchange NGX ICE CNSX Alpha China Shanghai Stock Exchange Shenzhen Stock Exchange France Euronext Paris Germany Xetra Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Eurex Hong Kong SAR Hong Kong Stock Exchange India NDS BSE: BOLT NSE: NEAT Italy Borsa Italiana MTS PCT Japan TSE OSE TFX
19.1 14.6 153.5 54.5 57.6 70.7 nav -0.2 23.9 12.3 40.0 23.6
-2.3 -10.5 -22.0 24.6 -33.5 -20.2 nav -49.3 -6.2 -23.1 -10.6 -43.3
-42.0 -30.9 -12.5 28.7 19.6 61.6 nav -17.2 -0.9 -35.4 -36.9 -40.8
-14.7 22.7 8.6 -12.2 -28.5 37.3 nav 18.8 3.6 9.9 6.8 -13.1
-41.8 6.6 -5.2 -65.4 -44.5 -1.6 nav -4.1 -2.7 -10.1 -13.2 -35.9
51.5 5,114.0 1,314.3 33.17 31.66 333.74 nav 107.1 1,140.3 466.1 122.3 759.5
50.7 4,616.2 1,034.3 38.70 19.71 249.43 nav 55.5 1,092.3 371.9 113.3 446.5
30.7 3,332.4 936.3 45.11 21.35 365.28 nav 47.9 1,130.8 252.1 75.1 277.3
25.2 3,934.1 971.9 37.33 14.40 472.70 nav 56.7 1,165.6 269.0 77.8 234.0
14.5 4,139.1 891.1 12.18 7.54 438.58 nav 55.0 1,146.9 248.3 69.3 153.8
498
Comparative tables
Table TRS3 (cont) System Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) 2007 2008 2009 2010 2011 28.6 49.8 -19.3 44.1 318.2 91 158.4 nap -53.3 97.4 20.4 nav nav 20.2 -1.9 509.1 nav nav 33.9 27.3 nav 13.8 -3.7 -69.8 -42.6 5.1 -1.9 27.4 nap -30.2 -40.0 15.3 nav nav -15.0 -23.4 60.0 nav nav -9.5 -4.0 nav 22.2 22.7 -32.8 -46.0 4.4 -22.6 27.3 nap -38.7 -12.1 -33.4 nav nav 209.9 33.3 50.9 nav nav -37.1 -29.3 nav 26.0 8.7 -10.6 6.5 -28.3 47.0 95.1 nap -42.9 15.4 17.0 nav nav 4.5 13.0 21.4 nav nav 0.3 20.4 nav 9.3 -3.3 5.3 -6.5 80.7 34.9 64.4 nap 37.9 -12.5 14.7 nav nav -3.8 -1.9 -7.8 nav nav -1.4 6.2 nav Value of transactions as a percentage of GDP (in %) 2007 742 12.5 203.4 247.4 74.7 130.8 23.8 nap 177.3 226.2 1,087.9 nav nav 75.4 89.2 14.00 nav nav 213.2 109.2 nav 2008 840 11.8 59.9 139.5 71.6 117.2 27.7 nap 109.9 144.3 1,224.0 nav nav 62.5 66.7 21.88 nav nav 196.5 106.7 nav 2009 1,017 15.5 43.3 78.9 86.5 104.9 40.8 nap 89.5 128.1 817.6 nav nav 197.4 94.4 35.08 nav nav 125.7 76.8 nav 2010 1,198 16.1 36.8 82.5 57.9 144.1 74.3 nap 44.5 130.7 892.0 nav nav 200.5 98.5 39.29 nav nav 123.1 90.3 nav 2011 1,291 14.7 36.5 77.3 91.9 170.8 107.3 nav 49.2 114.2 974.5 nav nav 189.1 90.6 33.96 nav nav 120.0 94.9 nav
Korea Korea Exchange(KRX) Mexico BMV Mexder Netherlands Euronext Amsterdam Russia MICEX MICEX SE RTS MICEX-RTS Saudi Arabia Tadawul Singapore SGX South Africa JSE Sweden OMX Stockholm NASDAQ OMX Stockholm Switzerland SIX Swiss Exchange Turkey Istanbul Stock Exchange Turkish Derivatives Exchange United Kingdom London Stock Exchange Virt-x United States New York Stock Exchange Nasdaq American Stock Exchange
1
499
Comparative tables
Table TRS4
Participation in selected exchanges and trading systems

(end of year) System 2007 Australia ASX ASX 24 Belgium Regulated off-exchange Euronext Brussels Brazil BmfBovespa-Equities BmfBovespa-Derivatives Canada TSX Montral Exchange NGX ICE CNSX Alpha China Shanghai Stock Exchange Shenzhen Stock Exchange France Euronext Paris Germany Xetra Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Eurex Hong Kong SAR Hong Kong Stock Exchange India NDS BSE: BOLT NSE: NEAT Italy Borsa Italiana MTS PCT Japan TSE OSE TFX 100 nav 200 nav nav 118 123 67 169 nav 77 nap 225 123 135 260 2008 100 nav 201 nav 76 119 122 64 201 nav 82 51 193 124 152 250 Total number of participants 2009 84 nav 190 nav 81 84 121 70 214 nav 84 74 193 114 174 251 2010 81 nav 200 164 85 88 119 90 229 nav 88 85 194 113 181 225 2011 83 nav 201 197 87 68 120 91 237 nav 91 90 222 116 179 227
nav 398 478 149 1,075 1,376 128 100 115 172 102 69
143 404 487 149 1,227 1,003 128 90 79 165 98 72
133 413 495 149 1,136 1,383 123 93 113 153 97 70
238 411 516 168 1,373 1,314 nav 87 109 148 112 75
228 568 534 182 1,376 1,371 nav 88 109 137 111 73
500
Comparative tables
Table TRS4 (cont) System 2007 Korea Korea Exchange(KRX) Mexico BMV Mexder Netherlands Euronext Amsterdam Russia MICEX MICEX SE RTS MICEX-RTS Saudi Arabia Tadawul Singapore SGX South Africa JSE Sweden OMX Stockholm NASDAQ OMX Stockholm Switzerland SIX Swiss Exchange Turkey Istanbul Stock Exchange Turkish Derivatives Exchange United Kingdom London Stock Exchange Virt-x United States New York Stock Exchange Nasdaq American Stock Exchange 89 31 43 216 349 633 245 nap 39 3,651 nav nav nav 95 146 80 nav nav 685 nav nav 2008 96 34 63 nap 296 669 251 nap 51 3,816 nav 85 nav 97 146 89 nav nav nav nav nav Total number of participants 2009 94 34 52 nap 300 654 227 nap 58 4,011 nav nav 85 112 145 89 nav nav nav nav nav 2010 95 34 43 nap 346 649 231 nap 62 4,243 nav nav 83 116 145 98 nav nav nav nav nav 2011 95 34 51 nap nap 634 nap 576 62 4,336 nav nav 83 127 143 99 nav nav nav nav nav
501
Comparative tables
Table TRS5
Securities listed in selected exchanges and trading systems

(end of year) System 2007 Australia ASX ASX 24 Belgium Regulated off-exchange Euronext Brussels Brazil BmfBovespa-Equities BmfBovespa-Derivatives Canada TSX Montral Exchange NGX ICE CNSX Alpha China Shanghai Stock Exchange Shenzhen Stock Exchange France Euronext Paris Germany Xetra Xetra Frankfurt Specialist (since 2011; before: Frankfurt Floor) Eurex Hong Kong SAR Hong Kong Stock Exchange India NDS BSE: BOLT NSE: NEAT Italy Borsa Italiana MTS PCT Japan TSE OSE TFX
1
Number of securities listed 2008 2,223 nap 104 nav 1,215 nap 4,176 nap nap nap 106 nav 1,184 937 12,503 15,420 2009 2,181 nap 104 nav 1,164 nap 4,018 nap nap nap 126 nav 1,351 1,128 8,728 14,720 2010 2,216 nap 102 914 1,171 nap 4,088 nap nap nap 145 nav 1,500 1,590 13,278 16,119 2011 2,222 nap 111 1,136 1,161 nap 4,237 nap nap nap 162 nav 1,691 1,938 18,780 5,707
Market capitalisation (USD billions) 1 2007 2008 2009 2010 2011 1,304 nap nap nav 1,376 nap 2,184 nap nap nap nav nap 3,694 787 2,759 nav 671 nap nap nav 588 nap 1,026 nap nap nap nav nav 1,423 355 1,471 nav 1,258 nap nap nav 1,339 nap 1,680 nap nap nap 0.6 nav 2,704 871 1,954 1,798 1,442 nap nap 268 1,540 nap 2,168 nap nap nap 0.7 nav 2,703 1,305 1,904 1,846 1,187 nap nap 229 1,222 nap 1,915 nap nap nap 1.1 nav 2,355 1,054 1,549 1,466
2,209 nap 100 nav 1,262 nap 4,114 nap nap nap 104 nap 1,125 840 10,729 17,759
277,617 441,351 457,140 643,966 998,926 nap nap nap nap nap 6,092 1,284 7,681 1,604 nav 88 386 2,748 1,359 nap 5,831 1,338 7,729 1,583 nav 90 506 2,720 1,328 nap 6,616 1,459 8,072 1,806 nav 105 544 2,648 1,248 nap 7,900 1,784 7,910 2,741 nav 113 777 2,615 2,046 nap 6,723 2,253 9,232 2,928 nav 113 822 2,602 1,985 nap
2,120 nap 2,653 nav 1,304 1,233 nav nap nap 4,318 2,909 nap
1,109 nap 1,329 nav 637 598 nav nap nap 3,127 2,021 nap
nap nap 2,305 nav 1,321 1,287 nav nap nap 3,330 2,148 nap
nap nap 2,711 nav 1,526 1,496 nav nap nap 3,818 2,434 nap
nap nap 2,258 nav 1,167 114 nav nap nap 3,304 1,945 nap
Converted at end of year exchange rates.
502
Comparative tables
Table TRS5 (cont) System 2007 Korea Korea Exchange(KRX) Mexico BMV Mexder Netherlands Euronext Amsterdam Russia MICEX MICEX SE RTS MICEX-RTS Saudi Arabia Tadawul Singapore SGX South Africa JSE Sweden OMX Stockholm NASDAQ OMX Stockholm Switzerland SIX Swiss Exchange Turkey Istanbul Stock Exchange Turkish Derivatives Exchange United Kingdom London Stock Exchange Virt-x United States New York Stock Exchange Nasdaq American Stock Exchange
1
Number of securities listed 2008 11,266 587 nap 6,058 nav 485 531 nap 127 1,848 2,004 266 nav 23,773 605 10 nav nav nav 3,188 nav 2009 11,486 621 nap 6,822 nav 450 501 nap 140 1,834 2,013 nav 258 25,680 667 10 nav nav nav 3,012 nav 2010 11,488 651 nap 8,827 nav 541 465 nap 155 1,960 1,901 nav 258 32,984 782 13 nav nav nav 2,943 nav 2011 11,769 722 nap 9,773 nap 2,020 nap nav 161 2,056 2,013 nav 259 37,375 1,174 15 nav nav nav 2,828 nav
Market capitalisation (USD billions) 1 2007 2008 2009 2010 2011 1,121 399 nap 963 nav 716 771 nap 519 539 839 617 nav 1,202 288 nap nav nav 15,651 4,014 258 496 238 nap 388 nav 190 237 nap 247 401 488 287 nav 848 120 nap nav nav 9,209 2,249 nav 834 352 nap 562 nav 492 426 nap 319 478 804 nav 480 1,014 233 nap nav nav 11,838 3,239 nav 1,089 453 nap 659 nav 951 498 nap 353 701 1,012 nav 630 1,099 306 nap nav nav 13,394 3,889 nav 995 408 nap 593 nap 767 nap nav 339 596 850 nav 508 1,149 200 nap nav nav 1,180 3,845 nav
10,501 542 nap 5,273 nav 387 598 nap 111 1,788 2,141 279 nav 20,920 584 10 nav nav nav 3,310 1,697
503
Comparative tables
Table CCP1
Features of selected central counterparties and clearing houses

(at end-2011) System Australia ASX Clear ASX Clear (Futures) Belgium LCH.Clearnet SA Brazil BmfBovespa-Equities BmfBovespa-Derivatives BmfBovespa-Securities CETIP Canada CDCC NGX ICE China SD&C France LCH.Clearnet SA Germany Eurex Clearing AG Hong Kong SAR CCASS India CCIL NSCCL BOISL Italy CCG LCH.Clearnet SA Japan Japan Securities Clearing Corporation (JSCC) CCP or clearing house CCP CCP see France CCP CCP CCP CH CCP CCP CH CCP CCP, CH1 CCP SE SE SE B; O SE1 SE2 SE4 SE1, O B SE1 int1 int1 int1 nap par1 int3 par4 indep2 indep2 par2 int1 nap indep2 int3 indep nap nap int3 indep3 int3, 4 ; indep5, 6, 7, 8,
9, 10, 11, 12
Owner/ manager Relationship with Relationship with exchange CSD SE1 SE1 int2 int4 int3 nap
Intraday margining event: P routine; event: P
routine routine; event: P, S event: P nap routine event: P event: P nap event: P routine; event: P, S routine event: P routine; event: P,S routine; event: P,S routine
CH CCP CCP CCP CCP see France CCP
SE B, O SE2 SE4, B CCP1
par nap par2 int5 par2
int indep1 int3 int6 indep3
SE1 O5 B, O, CCP7 B, O B, O O SE SE, O
par2 nap nap int8 int9 int1 par1 int3
indep par5 indep nap nap indep int2 int2
JASDEC DVP Clearing CCP Corporation (JDCC) Japan Government Bond CCP Clearing Corporation (JGBCC) TFX CCP OSE CCP Korea Korea Exchange (KRX) CCP, CH Mexico CCV CCP Asigna CCP Netherlands LCH.Clearnet SA see France Russia NCC CCP RTS CC CCP Saudi Arabia Saudi Arabia clearing house CH Singapore CH DCSS CCP, CH CDP South Africa nap Sweden SE Nasdaq OMXDM1 CCP
nap3/ event4 event: P6 event: P event: P event: P nap routine routine
SE1 SE1 O1 CH CH
par par int2 indep par
int2 int3 int2 int int
nap routine; event: P nap nap nap
int
indep
nav
504
Comparative tables
Table CCP1 (cont) System Switzerland SIX x-clear Turkey Takasbank United Kingdom LCH.Clearnet Ltd United States National Securities Clearing Corporation (NSCC) Fixed Income Clearing Corporation: Government Securities Division (FICC/GSD) Fixed Income Clearing Corporation: Mortgage-Backed Securities Division (FICC/MBSD) CCP or clearing house CCP Owner/ manager Relationship with Relationship with CSD exchange B, CB1 int2; indep3 int4; indep5, 6 Intraday margining routine; event: P, S event: P5 routine routine; event routine; event
CH1, CCP1 CCP CCP CCP
SE2, B3, O3 SE, O B, O B, O
par2 indep indep indep
indep4 indep int1 indep2
CH
B, O
indep
indep2
routine; event
Table CCP1 (cont) System Australia ASX Clear ASX Clear (Futures) Belgium LCH.Clearnet SA Brazil BmfBovespa-Equities BmfBovespa-Derivatives BmfBovespa-Securities CETIP Canada CDCC NGX ICE China SD&C France LCH.Clearnet SA Products cleared Currencies Cash settlement Securities agent settlement agent CSD3 CSD5 CB CB Links to other CCPs no link no link
SEC, DER DER see France SEC, DER DER SEC, REP SEC, DER DER DER DER SEC, DER, REP SEC, DER, REP
AUD AUD
BRL BRL BRL BRL CAD CAD, USD CAD RMB, USD, HKD EUR
CSD1 nap CSD2 CSD3 nap nap nap CSD3 2
CB CB CB CB B B B B BdF, DNB, NBB
nap nap nap nap no link no link no link nav cross: EUR: 14
505
Comparative tables
Table CCP1 (cont) System Germany Eurex Clearing AG Products cleared Currencies Cash settlement Securities agent settlement agent DER: EUR: CB; DER: CHF: CB; DER: GBP: B; DER: USD: B; SEC: EUR: CB; REP: EUR: CB; REP: CHF: CB; SEC: DKK: CB; SEC: NOK: CB; SEC: SEK: CB Links to other CCPs nap
SEC, DER, REP
EUR, CHF, GBP, CSD3: SEC, REP: USD EUR; CSD5: SEC: CHF; CSD7:SEC:EUR; ICSD4: SEC, REP: EUR, USD; ICSD6: REP: EUR, USD; ICSD7: SEC: EUR; ICSD8: SEC: EUR; ICSD9: SEC: EUR; ICSD10: SEC: EUR; ICSD11: SEC: DKK; ICSD12: SEC: NOK; ICSD7: SEC: SEK
Hong Kong SAR CCASS India CCIL NSCCL BOISL Italy CCG LCH.Clearnet SA Japan JSCC JDCC JGBCC TFX OSE Korea Korea Exchange (KRX) Mexico CCV Asigna Netherlands LCH.Clearnet SA Russia NCC RTS CC Saudi Arabia Saudi Arabia clearing house Singapore DCSS CDP South Africa
SEC, DER1 SEC, DER, REP7 SEC, DER, REP SEC, DER, REP SEC, DER, REP see France SEC, DER SEC SEC DER DER SEC, DER, REP SEC DER see France SEC, DER, REP SEC, DER, REP SEC SEC SEC nap
HKD, USD INR INR INR EUR
O2 CB CSD3, 6 CSD3, 6 CSD3
B CB B B CB
nav nap nav nav 1
JPY JPY JPY JPY JPY KRW MXN MXN
CSD5, CB CSD5 CB nap nap CSD2 CSD2 nap
CB, B CB CB CB, B CB, B B, CB O4 B
nap nap nap 1 nap nap nap nap
RUR, USD, EUR RUR, USD SAR SGD SGD, AUD, USD, HKD
CSD2 CSD3 CSD CSD1 CSD1
O2 O3 CB, B B, CB B
nap nap no link no link nav
506
Comparative tables
Table CCP1 (cont) System Sweden SE Nasdaq OMXDM Products cleared Currencies Cash settlement Securities agent settlement agent CSD CB: SEK; CB: DKK; CB: EUR, NOK; O CB4: CHF; B4: CHF, GBP, EUR, USD, SEK, NOK, DKK; CB5: EUR; B5: CHF, EUR, GBP, USD, SEK, NOK, DKK; CB6: GBP; B6: GBP, EUR, USD CB: TRY; O1: TRY; B: USD, EUR CB, B Links to other CCPs NOK, GBP2
DER
SEK, DKK, NOK, EUR, ISL
Switzerland SIX x-clear
SEC
CHF, GBP, EUR, USD, SEK, NOK, DKK
CSD4, 5, 6
cross: 1
Turkey Takasbank
SEC, DER, REP
TRY, USD, EUR
CSD4:SEC6:TRY; CB: SEC7, REP: TRY, USD, EUR CSD1
nap
United Kingdom LCH.Clearnet Ltd
SEC, DER, REP
AUD, CAD, CHF, DKK, EUR, GBP, HKD, ISK, JPY, NOK, NZD, SEK, USD USD USD USD
United States NSCC FICC/GSD FICC/MBSD

Australia: 1 ASX Group. Brazil: BmfBovespa.
1 2 2
SEC SEC, REP SEC

ASX.
3 3
CSD1 B B
CSD1, 3 B B
nav cross: 2 nav
ASX Settlement. CETIP.
ASX 24.
Austraclear.
SELIC.
Canada: 1 MX. 2 TMX Group. 3 NGX. 4 ICE. China: 1 Shanghai Stock Exchange and Shenzhen Stock Exchange each hold 50% of SD&Cs shares. Stock Exchange. 3 SD&C.
Shanghai Stock Exchange, Shenzhen
France: 1 LCH.Clearnet SA is located in France but serves Amsterdam, Brussels and Paris Euronext markets. 2 Euronext Paris, Amsterdam, Brussels, Lisbon. 3 Euroclear France, Euroclear Netherlands, Euroclear Belgium and Euroclear Bank. 4 Corresponds to the link established with CC&G which is used for products traded on Italian markets. 3 Germany: 1 Eurex Frankfurt AG. 2 Eurex. Clearstream Banking AG. 4 Clearstream Banking Luxembourg. 5 SIS SegaInterSettle. 6 7 Euroclear Bank. Euroclear UK & Ireland, Euroclear France S.A., Euroclear Nederland, Euroclear Belgium, Euroclear Finland, Euroclear Sweden and Iberclear. 8 Montetitoli. 9 OeKB. 10 Interbolsa. 11 VP Denmark. 12 VPS Norway. Hong Kong SAR: 1 Equities include ordinary shares, preference shares, registered warrants, provisional allotment letters representing nil paid rights; structured products include derivative warrants, equity linked instruments, callable bull/bear contracts; Bonds include Exchange Fund notes, Hong Kong SAR retail bonds and Hong Kong SAR Link Retail Bonds; unit trust funds includes Exchange Traded Funds. 2 Hong Kong Securities Clearing Company Limited(HKSCC). India: 1 RBI (SSS). well.
2
NSE.
NSDL.
BSE.
BSE and Bank of India.
CSDL.
CCIL clears foreign exchange related transactions as
Italy: 1 Cassa di Compensazione e Garanzia. 2 Borsa Italiana. 3 Monte Titoli. Japan: 1 Includes TSE, OSE and other regional exchanges. 2 JSCC is jointly owned by five securities exchanges in Japan. 3 For equities. 4 For derivatives. 5 JASDEC. 6 JDCC accepts participants' settlement obligations on a settlement day. 7 JSCC. 8 TFX. 9 OSE. Korea: 1 KRX.
2
KSD.
Mexico: 1 BMV. 2 Indeval. 3 Mexder. 4 CCV settles the cash leg in the CSD. CSD always holds funds at its central bank account that cover the sum of all CSD participants' (including CCV's) balances. Russia: 1 MICEX-RTS.
1 1 2
NSD.
RTS SC.
2
Saudi Arabia: The Capital Market Authority (CMA).
Tadawul.
Singapore: CDP. Sweden: 1 OMX Derivatives Markets, which is a secondary legal name for the OMX Nordic Exchange Stockholm AB. 2 The currency area description of OMX DMs links is very misleading. OMX DM has a link to the London market and specifically to LCH.Clearnet Ltd to facilitate the clearing of Nordic derivatives traded in London. The derivatives settled through the link are denominated in DKK, EUR, NOK and SEK. Switzerland: 1 The Swiss National Bank owns an immaterial number of shares of SIX Group. 2 SIX Swiss Exchange. 3 LSE. 4 SIX SIS. 5 Euroclear Bank. 6 Euroclear UK. Turkey: 1 Takasbank is a CH in clearing ISE market trades. For TURKDEX transactions, it is a CCP. 2 ISE. 3 Takasbank is owned by 19 banks and 67 brokerage houses, none of which can exceed a 5% share. 4 Central Registry Agency (CRA), CSD of Turkey; 65% of its shares are owned by Takasbank. 5 Intraday margining is only applicable to derivatives clearing. 6 Equities. 7 G-bonds, T-bills. United Kingdom: 1 CREST. United States: 1 DTC.
2
NBES.
Cash settlement is completed at the central bank.
507
Comparative tables
Table CCP2
Transactions cleared by selected central counterparties and clearing houses: number of transactions
(total for the year) System 2007 Australia ASX Clear ASX Clear (Futures) Belgium LCH.Clearnet SA Brazil BmfBovespa-Equities BmfBovespa-Derivatives BmfBovespa-Securities CETIP Canada CDCC NGX ICE China SD&C France LCH.Clearnet SA Germany Eurex Clearing AG Hong Kong SAR CCASS India CCIL NSCCL BOISL Italy CCG LCH.Clearnet SA Japan JSCC JDCC JGBCC TFX OSE Korea Korea Exchange (KRX) Mexico CCV Asigna Netherlands LCH.Clearnet SA Russia MICEX RTS CC NCC Saudi Arabia Saudi Arabia clearing Singapore CDP South Africa Sweden OMXDM SE Nasdaq OMXDM Switzerland SIX x-clear Turkey Takasbank United Kingdom LCH.Clearnet Ltd LCH.Clearnet SA nav nav 24.28 38.00 426.4 0.014 13.50 92.37 0.48 3.47 2,846.3 394.6 4,019.9 18.16 0.47 1,597.7 530.3 222.1 1.11 nav nav nav nav nav nav 4.03 228.97 398.3 132.26 144.92 nap 65.67 682.9 Number of transactions (millions) 2008 nav nav 29.58 61.60 391.6 0.005 18.90 94.58 0.68 3.33 2,247.7 452.0 4,609.5 13.10 0.58 2,054.0 540.8 213.5 0.91 nav nav nav nav nav nav 5.18 70.14 403.9 194.72 246.27 nap 52.14 336.7 2009 nav nav 30.63 82.30 373.4 0.002 21.46 80.62 0.63 3.59 3,659.1 417.5 3,575.3 15.50 0.72 2,736.9 605.6 218.9 0.90 nav nav nav nav nav nav 8.27 48.78 335.3 135.20 480.94 nap 36.46 427.2 nap nav 83.4 68.70 149.33 1,258.2 0.54 2010 nav nav 27.72 107.19 618.7 0.002 26.01 90.62 0.71 4.35 3,106.0 472.4 4,020.5 17.63 0.76 3,331.8 528.7 221.9 1.17 nav nav nav nav nav nav 9.35 42.60 338.8 142.57 624.27 nap 19.56 423.8 2011 nav nav 34.83 142.41 672.0 0.001 34.90 125.83 0.78 4.78 nav 511.6 4,363.0 16.27 0.92 3,615.8 394.6 251.3 1.43 nav nav nav nav nav nav 12.29 46.76 329.6 117.32 1,094.77 23.69 25.55 358.0 Increase in the number of transactions (% change on previous year) 2007 2008 2009 2010 2011 nav nav 58.1 74.3 50.4 -31.5 40.6 7.2 13.5 18.8 221.7 22.8 25.6 69.3 41.1 59.5 53.2 17.8 32.7 nav nav nav nav nav nav 38.2 -16.8 28.2 93.8 61.7 nap -31.7 113.4 nav nav 21.8 62.1 -8.2 -61.2 40.0 2.4 41.8 -3.9 -21.0 14.5 14.7 -27.8 23.2 28.6 2.0 -3.8 -18.2 nav nav nav nav nav nav 28.6 -69.4 1.4 47.2 69.9 nap -20.6 -50.7 nav nav 3.6 33.6 -4.6 -72.3 13.5 -14.8 -7.5 7.9 62.8 -7.6 -22.4 18.3 24.1 33.2 12.0 2.5 -1.1 nav nav nav nav nav nav 59.5 -30.5 -17.0 -30.6 95.3 nap -30.1 26.9 nap nav nav 35.2 47.0 -53.4 -4.4 nav nav -9.5 30.2 65.7 2.0 21.2 12.4 13.0 21.0 -15.1 13.2 12.5 13.8 4.9 21.7 -12.7 1.4 30.4 nav nav nav nav nav nav 13.0 -12.7 1.0 5.5 29.8 nap -46.4 -0.8 nav nav 25.6 32.9 8.6 -27.8 34.2 38.9 10.6 9.9 nav 8.3 8.5 -7.7 21.8 8.5 -25.4 13.3 22.4 nav nav nav nav nav nav 31.5 9.8 -2.7 -17.7 75.4 nap 30.7 -15.5
122.0 nav 28.50 74.37 2,861.4 0.63
118.2 nav 50.80 101.57 2,701.9 0.56
nav nav 82.57 146.54 279.3 0.73
nav nav 101.60 177.95 322.1 0.98
14.0 nav 80.4 39.0 54.1 24.2
-3.1 nav 78.2 36.6 -5.6 -10.2
nav nav 20.2 -1.9 -77.8 36.2
nav nav 23.1 21.4 15.3 33.2
508
Comparative tables
Table CCP2 (cont) System 2007 United States NSCC FICC/GSD FICC/MBSD 13,537.0 30.40 2.10 Number of transactions (millions) 2008 21,877.0 34.40 3.00 2009 2010 2011 20,833.0 40.50 3.90 Increase in the number of transactions (% change on previous year) 2007 2008 2009 2010 2011 58.7 22.1 23.5 61.6 13.2 42.9 6.3 -16.6 -20.0 -12.4 18.5 33.3 2.3 19.1 21.9
23,254.0 20,372.0 28.70 34.00 2.40 3.20
509
Comparative tables
Table CCP3
Transactions cleared by selected central counterparties and clearing houses: value of transactions
(total for the year) System Value of transactions (USD billions) 1 2007 Australia ASX Clear ASX Clear (Futures) Belgium LCH.Clearnet SA Brazil BmfBovespa-Equities BmfBovespa-Derivatives BmfBovespa-Securities CETIP Canada CDCC NGX ICE China SD&C France LCH.Clearnet SA Germany Eurex Clearing AG Hong Kong SAR CCASS India CCIL NSCCL BOISL Italy CCG LCH.Clearnet SA Japan JSCC JDCC1 JGBCC TFX OSE Korea Korea Exchange (KRX) Mexico CCV Asigna Netherlands LCH.Clearnet SA Russia MICEX RTS CC NCC Saudi Arabia Saudi Arabia clearing Singapore CDP South Africa Sweden OMXDM SE Nasdaq OMXDM Switzerland SIX x-clear Turkey Takasbank
1
2008 nav nav 546.0 935.5 15,246.4 293.98 4,964.4 nav 182.9 34.26 5,467.6 13,588.4 356,224 4,359.7 2,091.9 162.1 53.19 16,513.2 27,831.0 448.7 405.7 24,267.9 4.15 61.22 248.4 159.13 654.2 9,206.7 3,140.8 461.2 nap 523.5 273.2
2009 nav nav 933.7
2010 nav nav 1,346.4
2011 nav nav 1,219.6
Average value per transaction (USD thousands) 1 2007 2008 2009 2010 2011 nav nav 21.18 nav nav 18.46 15.19 38.93 53,833 262.7 nav 270.6 10.28 2.43 30.06 77.28 332.8 3,606.8 0.079 0.10 nav nav 30.48 9.79 35.98 40,983 257.9 nav 135.9 7.19 2.56 18.75 67.32 244.2 3,011.2 0.075 0.11 nav nav 48.57 nav nav 35.02
nav nav 514.1 792.9 16,610.9 2,142.88 2,927.2 nav 131.1 25.42 7,750.3 13,534.0 357,305 5,272.3 1,924.4 273.5 115.72 17,996.7 26,252.3 444.1 401.2 20,466.4 3.13 27.59 285.5 144.10 2,104.6 6,961.9 2,671.8 293.8 nap 682.1 401.2
805.3 1,253.6 13,435.3 24,167.8 62.05 65.41 5,533.9 7,653.4 nav 85.0 25.86 9,355.5 7,828.1 nav 111.0 37.13 9,444.3 9,127.8
1,415.7 20.87 27,768.8 38.96 155.47 152,323 10,288.6 216.8 nav 90.1 53.13 nav 9,755.6 331,219 4,118.8 2,111.8 186.3 39.15 nav 274.9 7.33 2.72 34.30 88.88 290.3 4,087.5 0.171 0.22
11.69 9.94 39.06 41.32 42,335 139,312 294.2 294.8 nav 157.1 8.54 3.04 19.32 69.90 235.0 2,726.2 0.070 0.13 nav 115.3 11.12 nav 19.07 75.92 253.2 2,295.4 0.052 0.10
240,699 281,015 3,783.7 2,168.1 205.8 64.48 4,144.0 2,058.5 233.1 66.23
22,229.4 28,420.1 31,307.9 36,545.2 324.1 330.1 306.6 337.4 23,958.7 26,503.2 1.90 1.44 36.95 37.06 221.5 128.96 382.0 5,013.2 2,344.1 500.3 nap 337.1 234.9 nap nav 359 1,261.6 2,678.5 286.8 219.41 377.2 6,031.7 3,006.2 1,108.3 nap 202.7 299.0
31,774.4 81.05 77.34 101.55 128.08 126.43 41,408.7 23,672.1 30,684.6 34,902.8 31,243.7 28,912.3 328.5 311.7 25,906.8 1.03 39.41 283.9 219.63 419.8 6,117.1 4,207.1 2,038.7 631.3 293.6 290.7 nav nav nav nav nav nav 35.74 9.19 17.48 20.20 2.03 nap 10.39 0.59 nav nav nav nav nav nav 30.69 9.33 22.79 16.13 1.87 nap 10.04 0.81 nav nav nav nav nav nav 15.60 7.83 14.95 17.34 1.04 nap 9.25 0.55 nap nav 4.30 18.36 17.94 nav nav nav nav nav nav 23.48 8.85 17.80 21.09 1.78 nap 10.37 0.71 nav nav nav nav nav nav 17.87 8.98 18.56 35.86 1.86 26.64 11.49 0.81
576.9 nav 1,453.6 2,593.0
522.2 nav 1,563.9 2,855.9
nav nav 1,726.6 2,963.2
nav nav 1,952.2 3,012.9
4.73 nav 51.00 34.87
4.42 nav 30.79 28.12
nav nav 20.91 20.22
nav nav 19.21 16.93
Japan: 1 Data refer to total transactions during the fiscal year ending March of the following year (see Japan, Table21). As a consequence, they are converted at average fiscal-year exchange rates.
510
Comparative tables
Table CCP3 (cont) System Value of transactions (USD billions except as noted) 1 2007 2008 2009 2010 2011 1,467.6 36.7 283.2 1,006.1 94.9 1,582.6 28.7 315.1 1,014.5 111.3 919.1 19.6 209.7 905.1 94.8 nav 30.1 217.5 1,101.7 104.2 Average value per transaction (USD thousands) 1 2007 2008 2009 2010 2011
United Kingdom LCH.Clearnet Ltd1 LCH.Clearnet SA1 United States NSCC1 FICC/GSD1 FICC/MBSD1
1
nav 512.9 585.7 730.5 nav nav 37.6 58,547.3 51,030.2 36,460.9 41,084.3 38,521.6 220.8 20.92 14.40 9.02 10.67 10.60 1,126.9 33,095.4 29,491.3 31,536.6 32,402.9 27,824.7 97.7 45,190.5 37,100.0 39,500.0 32,562.5 25,051.3
United Kingdom: 1 For value of transactions, trillions. United States: 1 For value of transactions, trillions.
511
Comparative tables
Table CCP3 (cont) System Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) 2007 2008 2009 2010 2011 nav nav 41.4 100.5 34.0 17.1 15.9 nav 14.2 63.5 317.2 37.2 18.2 160.8 111.9 76.4 52.6 -2.2 18.4 1.4 0.8 46.1 -33.9 -2.0 10.5 40.3 -19.3 38.0 137.7 147.9 nap -53.3 97.4 nav nav -4.9 5.1 -18.3 -87.8 51.0 nav 35.2 30.6 -38.1 -9.0 -9.2 -20.9 9.1 -40.5 -53.9 -17.1 -4.2 -12.5 -12.3 2.7 15.1 92.3 -1.4 7.1 -69.9 21.0 0.6 34.4 nap -30.2 -40.0 nav nav 79.9 -10.5 -8.3 -78.0 16.0 nav -50.4 -19.4 71.9 -39.5 -29.1 -14.0 10.2 35.0 28.9 40.5 17.4 -33.8 -29.2 -9.5 -58.1 -44.7 0.4 -6.7 -32.7 -43.3 -12.4 27.3 nap -38.7 -12.1 nap nav nav -18.8 5.4 -33.2 -21.5 -33.1 -10.3 -14.4 nav nav 48.2 29.7 49.9 -12.2 15.2 nav 15.7 27.2 -3.1 20.5 21.3 7.2 -19.9 -4.5 -13.4 32.2 20.7 -3.8 2.3 4.5 -28.2 -5.3 13.9 52.8 -11.3 25.3 13.0 95.1 nap -42.9 16.0 nav nav -16.7 0.9 2.7 112.4 20.2 nav -24.2 33.6 nav -0.6 Value of transactions as a percentage of GDP (in %) 2007 nav nav 111.9 58.0 1,216.0 156.9 214.3 nav 9.2 1.8 221.9 524.2 2008 nav nav 107.7 56.7 923.9 17.8 300.8 nav 12.2 2.3 119.1 480.4 9,842.3 1,988.2 162.7 12.6 4.1 716.6 1,207.7 9.3 8.1 500.9 0.1 1.3 26.7 14.6 59.8 1,058.5 188.8 27.7 nap 109.9 144.3 2009 nav nav 197.0 49.6 826.8 3.8 340.6 nav 6.3 1.9 190.5 298.5 7,288.0 1,767.7 162.5 15.4 4.8 1,051.7 1,481.2 6.4 6.0 475.7 0.0 0.7 26.5 14.6 43.2 628.8 191.4 40.8 nap 89.5 128.1 nap nav 88.3 247.0 435.0 42.0 0.9 1.5 6.5 0.7 2010 nav nav 285.8 58.5 1,127.8 3.1 357.1 nav 7.0 2.4 163.1 356.1 8,509.3 1,811.0 122.7 13.9 3.9 1,383.1 1,778.5 6.0 6.0 482.5 0.0 0.7 28.3 21.2 36.4 774.4 202.1 74.5 nap 44.5 131.5 2011 nav nav 237.2 57.2 1,122.4 6.3 415.9 nav 5.2 3.1 nav 351.4 9,188.3 1,656.7 110.8 9.8 2.1 1,446.2 1,884.6 5.6 5.3 441.0 0.0 0.7 25.4 19.0 36.4 730.8 226.2 109.6 33.9 49.2 111.9
Australia ASX Clear ASX Clear (Futures) Belgium LCH.Clearnet SA Brazil BmfBovespa-Equities BmfBovespa-Derivatives BmfBovespa-Securities CETIP Canada CDCC NGX ICE China SD&C France LCH.Clearnet SA Germany Eurex Clearing AG Hong Kong SAR CCASS India CCIL NSCCL BOISL Italy CCG LCH.Clearnet SA Japan JSCC JDCC JGBCC TFX OSE Korea Korea Exchange (KRX) Mexico CCV Asigna Netherlands LCH.Clearnet SA Russia MICEX RTS CC NCC Saudi Arabia Saudi Arabia clearing Singapore CDP South Africa Sweden OMXDM SE Nasdaq OMXDM Switzerland SIX x-clear Turkey Takasbank United Kingdom LCH.Clearnet Ltd LCH.Clearnet SA United States NSCC FICC/GSD FICC/MBSD
9.4 10,751.6 -5.4 -4.2 -25.4 -44.8 3.4 4.8 -9.3 -14.6 -10.9 -35.0 -3.1 -8.8 -4.8 5.8 -5.8 27.5 67.6 nap 37.9 -14.8 2,491.7 159.4 22.6 9.6 846.2 1,234.3 10.2 8.9 469.9 0.1 0.6 27.2 13.9 203.1 889.8 205.5 22.6 nap 177.3 226.2
37.2 nav 62.4 -50.8 70.1 17.7 58.0 13.6 21.7
-14.6 nav -5.2 -0.6 13.5 -17.6 7.3 -2.8 13.1
nav nav 30.6 0.8 nav 50.2 2.3 20.0 8.4
nav nav -4.1 2.4 nav 15.2 -1.2 -0.5 -8.8
124.7 nav 322.6 400.2 51.9 1.3 2.0 7.2 0.7
107.4 nav 298.3 388.5 59.9 1.1 2.2 7.1 0.8
nav nav 313.4 404.6 nav 1.3 1.5 7.6 0.7
nav nav 295.0 388.6 nav 1.5 1.5 7.5 0.6
512
Comparative tables
Table CCP4
Participation in selected central counterparties and clearing houses

(end of year) System 2007 Australia ASX Clear ASX Clear (Futures) Belgium LCH.Clearnet SA Brazil BmfBovespa-Equities BmfBovespa-Derivatives BmfBovespa-Securities CETIP Canada CDCC NGX ICE China SD&C France LCH.Clearnet SA Germany Eurex Clearing AG Hong Kong SAR CCASS India CCIL NSCCL BOISL Italy CCG LCH.Clearnet SA Japan JSCC JDCC JGBCC TFX OSE Korea Korea Exchange (KRX) Mexico CCV Asigna1 Netherlands LCH.Clearnet SA Russia MICEX RTS CC NCC Saudi Arabia Saudi Arabia clearing house Singapore CDP South Africa Sweden OMXDM SE Nasdaq OMXDM Switzerland SIX x-clear Turkey Takasbank United Kingdom LCH.Clearnet Ltd LCH.Clearnet SA 57 nav nav nav 86 76 nav 34 169 12 273 111 118 19,571 204 1,084 957 74 nav 180 62 37 63 95 86 24 9 nav 1,069 132 nap 18 65 2008 Total number of participants 2009 2010 54 15 nav 58 88 76 nav 34 201 10 262 106 109 21,973 204 1,191 990 75 nav 173 62 35 67 92 93 25 9 nav 1,113 390 nap 20 66 49 15 nav 64 81 53 nav 34 214 10 258 103 117 22,709 223 1,263 1,002 70 nav 162 60 35 65 90 91 26 9 nav 1,188 368 nap 21 62 nap nav 82 74 130 118 nav 44 15 nav 91 79 65 556 37 229 10 220 103 128 23,241 237 1,328 1,325 71 nav 155 57 35 71 91 92 26 5 nav 786 351 nap 22 63
2011 43 17 nav 92 82 64 567 37 237 9 222 114 149 24,006 245 1,382 1,370 71 nav 142 56 35 70 92 92 26 5 nav nap 387 715 23 63
46 nav 73 139 117 nav
50 nav 75 132 111 nav
nav nav 71 131 148 nav
nav nav 71 127 159 nav
Mexico: 1 Please refer to the individual country tables for a detailed explanation.
513
Comparative tables
Table CCP4 (cont) System 2007 United States NSCC FICC/GSD FICC/MBSD 226 103 90 2008 Total number of participants 2009 2010 221 97 103 203 98 67 191 106 73
2011 187 101 73
514
Comparative tables
Table CSD1
Features of selected central securities depositories

(at end-2011) System Type of securities held Owner/ manager Settlement system Closing time for same-day transactions DVP: 10:30, FoP: 19:00 18:302, 20:303 17:00, 17:301 17:00 18:30 Links to other CSDs
Australia ASX Settlement Austraclear Belgium NBB SSS Euroclear Belgium Euroclear Bank Brazil SELIC BMFBOVESPA-Equities CETIP Canada CDS
E, O DOM, B, C, G B, C, G, O B, C, E, O B, C, G, E, O
SE1 SE1 CB O O, B
ASX Settlement Austraclear NBB SSS Euroclear Belgium Euroclear Bank
no link no link no link direct: Euroclear Bank direct: 12 indirect: 32 no link no link no link direct: DVP: DTC. direct: FoP: Euroclear France, SEB, CAVALI, JASDEC nav direct: Central Moneymarkets Unit, Clearstream Banking Luxembourg FoP: 162 direct: DVP: EUR, CHF, DKK; direct: FoP: EUR: 6, USD, JPY; indirect: 45 nav direct: FoP/DVP3
DOM; G DOM; E, B, O DOM; B,C,G DOM, INT, B, C, G, E
CB SE B, O B, SE, O1
SELIC BMFBOVESPAEquities CETIP CDSX
18:30 17:00 19:00 16:002
China SD&C CDC Depository and Settlement System
DOM, B, G, E, O B, G, O
SE1, O O
SD&C2 CDC Depository and Settlement System
16:00 17:00
France Euroclear France Germany Clearstream Banking AG
B, G, E, O DOM, INT: B, C, G, E, O
O SE1
ESES France1 CASCADE, CREATION
17:00 DVP: 16:302, FoP: 18:00
Hong Kong SAR CCASS CMU
DOM, B, G, E, O1 DOM, INT, B, C, G
SE CB
CCASS2 Central Moneymarkets Unit SSS NSDL CDSL Express II
15:45 16:00
India RBI (SSS) NSDL CDSL Italy Monte Titoli
G E, B, O E, B, O G, E, B, O
CB SE, O SE, O O1
19:30 15:30 15:30 18:30
nap direct direct direct: DVP:EUR:2; direct: FoP: EUR:5; USD, CHF no link no link direct: FoP: 3
Japan BOJ JASDEC
DOM: G DOM: O, B1 DOM: E2 DOM: E

3
O SE, O, B SE, O, B SE, O, B SE, O, B
BOJ-NET JASDEC JASDEC JASDEC KSD
16:30 17:00 DVP: 13:50 FoP: 15:30 13:00 DVP: 16:001, 17:002
Korea Korea Securities Depository (KSD)
B, C, G, E, O
direct: DVP, FoP: 3 direct: Fop: 2 indirect: DVP, FoP: 333
515
Comparative tables
Table CSD1 (cont) System Type of securities held Owner/ manager Settlement system Closing time for same-day transactions 16:15 Links to other CSDs
Mexico Indeval
B, C, G, E, O
B, SE, CB, O
DALI
direct/indirect: FoP/DVP: EUR/USD/GBP: 4 nav direct3: FoP: 6, DVP: 2 direct: Euroclear Bank, Central depositories of Belarus, Kazakhstan, Ukraine; indirect: Clearstream Banking no link nav nav nav
Netherlands Euroclear Netherlands Russia NSD DCC
nav DOM: B, G, E INT: B, G, E DOM: B, E, O INT: B, E, O
O1 SE, B, O B, SE, O
nav NSD MICEX - RTS DCC - RTS SC
nav 17:001 20:002 FoP: 22:00 DVP: 19:00
Saudi Arabia Tadawul Singapore MEPS+(SGS) DCSS CDP South Africa SAFIRES Sweden Euroclear Sweden
DOM, B, E, G G B DOM, INT, B, E, O, G B, E DOM, B, G, E, O
SE1 CB SE O
Equator MEPS+ PSMS1 CDP
15:30 19:00 17:30 12:00
B, SE, O1 B, O
SAFIRES VPC
15:00 17:00
no link direct: FoP: DKK, GBP, EUR: 2, CHF; direct: DVP:EUR; indirect: FoP: DKK, EUR, ISL, USD; indirect: DVP: USD
Switzerland SECOM
DOM: B, G, E, O; INT: B, G, E, O
B, CB1
SECOM
16:002; 21:303
direct: DVP, FoP: 7; indirect: DVP, FoP: 51
Turkey Takasbank
DOM, INT, E1, O2
SE , B3, O3
Takasbank
21:00
direct/indirect: Euroclear, FoP/DVP no link
Central Registry Agency
DOM: B, E, O
SE, O
TIC-ESTS United Kingdom CREST1
G DOM, B, C, G, E, O
CB CB, B, O
Central Dematerialized System4 TIC-ESTS RTGS
DVP: 17:00; FoP: 18:30 17:30
no link
DVP: 16:10; FoP: DVP: SIS 16:40 SegaInterSettle AG; FoP: Euroclear SA and Depositary Trust & Clearing Corporation
United States NBES1 DTC
G, O B, C, E, O
CB B, O
Fedwire Securities Service DTC-NSCC Consolidated Settlement Service
15:152 15:202
no link direct: 13; indirect: 1
516
Comparative tables
Table CSD1 (cont) System Intraday finality DVP (Delivery Delivery lag (T+n) Versus Payment) DVP3 DVP1 DVP1 DVP1 DVP1 DVP1 DVP3 DVP3 DVP2 T+3 T4, T+15, T+36 T+2, T+3 T+3 T, T+n T T+12; T+3 T+1 T+33, T+04, T+25, T+36 T+1,T+3 T Currencies Cash settlement agent
Australia ASX Settlement Austraclear Belgium NBB SSS Euroclear Belgium Euroclear Bank Brazil SELIC BMFBOVESPA-Equities CETIP Canada CDS China SD&C CDC Depository and Settlement System France Euroclear France Germany Clearstream Banking AG Hong Kong SAR CCASS CMU India RBI (SSS) NSDL CDSL Italy Monte Titoli Japan BOJ JASDEC
yes yes yes yes yes yes no1 no1 yes
AUD AUD EUR EUR 36 BRL BRL BRL CAD, USD
CB CB CB CB B CB CB CB CB: CAD; B: USD
no yes
DVP1, DVP2 DVP1
RMB, USD, HKD RMB
B CDC
yes yes yes yes
DVP1 DVP1
4
T+3 T+23, T- T+404 T+2 T+0- T+2
EUR EUR, 42 HKD, USD HKD, USD, EUR, CNY INR INR INR EUR JPY JPY JPY JPY KRW MXN EUR/non-EUR RUR, USD, EUR, CHF, GBP RUR, USD SAR SGD SGD SGD, AUD, HKD, USD ZAR SEK, EUR
CB CB, B B CB
DVP1, DVP3
yes yes yes yes yes yes no no yes yes yes yes yes yes yes yes yes
DVP3 DVP3 DVP3 DVP1, DVP3 DVP1 DVP1 DVP2 DVP3 DVP1, DVP3 DVP31 DVP1 DVP1, DVP3 DVP2 DVP12, DVP33 DVP1 DVP1 DVP2
T+0, T+1 T+2 T+2 T+32, T- T+n3 T- T+3 T- T+3 T- T+3 T+2, T+3 T,T+1,T+2 T T+3 T+0 T+0, T+N T+4 T+02, T+23 T+1, T+2, T+3 T+02 T+3
CB B B CB CB CB CB CB, B CB, B CB CB, B NSD RTS SC CB, B CB B, CB B
Korea Korea Securities Depository Mexico Indeval Netherlands Euroclear Netherlands Russia NSD DCC Saudi Arabia Tadawul Singapore MEPS+(SGS) DCSS CDP South Africa SAFIRES Sweden Euroclear Sweden
yes yes
DVP1 yes
T+32, T+53 T+2, T+3
CB CB
517
Comparative tables
Table CSD1 (cont) System Intraday finality DVP (Delivery Delivery lag (T+n) Versus Payment) DVP1 T, T+3 Currencies Cash settlement agent
Switzerland SECOM
yes
35
CB: CHF; B: CHF and all other 34 currencies: SIX SIS
Turkey Takasbank Central Registry Agency TIC-ESTS United Kingdom CREST United States NBES1 DTC
yes yes yes yes yes no
DVP3 DVP18, DVP39 DVP1 DVP12, DVP23 DVP1 DVP2
T+05, T+16, T+27 T+0, T+2 nap T4, T+15, T+36 T, T+1 T, T+3
TRY, USD, EUR TRY TRY GBP, EUR, USD USD USD
Takasbank Takasbank CB CB, B CB CB
Australia: 1 ASX Group. 2 Australian eastern standard time. 3 Australian eastern daylight-saving time. 4 Short-term debt securities if terms are agreed prior to midday. 5 Short-term debt securities if terms are agreed after midday. 6 Long-term debt securities. Belgium: 1 Monetary policy and credit operations. Brazil: 1 Some special transactions have intraday finality. 2 Payments relating to derivatives on stocks. Canada: 1 IIROC. 2 Once payment exchange commences usually at 16:00, no further funds settlement is permitted that day; however, securities settlement can occur up to 19:30. 3 Equities. 4 GoC T-bills and money market securities. 5 GoC bonds with maturity of three years or less. 6 GoC bonds with maturity of more than three years and all provincial, municipal, corporate and other bonds or other certificates of indebtedness including mortgage-backed securities. China: 1 Shanghai Stock Exchange and Shenzhen Stock Exchange each hold 50% of SD&Cs shares. system yet. France: 1 ESES France replaced RGV2 in November 2007 while the revocable channel was suppressed. Germany: 1 Deutsche Brse AG.
1 2 2 2
There is no official name for the
Eleven links are operating in EUR.

4
17:30 for specific Euro GC pooling transactions.
For stock exchange.
For over-the-counter.
Hong Kong SAR: Equities include ordinary shares, preference shares, registered warrants, provisional allotment letters representing nil paid rights; structured products include derivative warrants, equity linked instruments, callable bull/bear contracts; Bonds include Exchange Fund notes, Hong Kong SAR retail bonds and Hong Kong SAR Link Retail Bonds; unit trust funds includes Exchange Traded Funds. 2 CCASS stands for Central Clearing and Settlement System. 3 Austraclear in Australia and New Zealand, Korean Securities Depository in South Korea, China Govt Sec Depository Trust and Clearing Com Ltd in Mainland China. 4 Exchange trade: They are settled under continuous net settlement system on a netting basis, with final transfer of securities from the seller to the buyer at securities-on-hold status occurring throughout the 4 batches settlement runs processing cycle on T+2, with the final netting funds from the buyer to the seller on same value day. The allocated onhold securities will become available upon receipt of bank confirmation of brokers' designated banks at about 09:30 on T+3; Non-exchange trade: securities transfer instructions are settled on a trade-by-trade basis, with final transfer of securities from the seller to the buyer occurring throughout the 4 batch settlement runs processing cycle, with the final transfer of fund from the buyer to the seller on same value day. Italy: 1 Monte Titoli spa.
1 2
For main regulated markets (eg stock exchange) and MTFs.
For OTC trades.

2
Japan: For commercial paper, corporate and other debt securities, investment trusts. exchange-traded equities cleared via the Japan Securities Clearing Corporation. Korea: 1 Transactions on exchange.
1 2
For equities traded outside the exchanges.
For
OTC Market.
Links to other CSDs through global custodians, counted on a country basis.
Mexico: DVP settlement cycle occurs every two minutes or less. Netherlands: 1 Euroclear Group. Russia: 1 For depo orders on OTC transactions. For some transactions other closing time may be set during the business day, until that time depo orders are accepted and being settled within the same business day. 2 For settlement at the stock exchange. 3 Via NSD accounts open with CSDs. Saudi Arabia: 1 Tadawul.
1 2
For equities.
For bonds.
2
Singapore: Pre-Settlement Matching System.

1
Shares will be transferred once payment is confirmed on settlement date.

2 2
South Africa: 1 The owners are stock exchange and banks and the manager is STRATE Ltd. Switzerland: The Swiss National Bank owns an immaterial number of shares of SIX Group. bank money.
T+3 for bonds.
T+5 for equities.

3
For central bank money.
For commercial
Turkey: 1 Takasbank is the custodian for non-fungible domestic stocks. 2 Takasbank is the custodian for domestic private pension funds. 3 Takasbank is owned by 19 banks and 67 brokerage houses, none of which can exceed a 5% share. 4 Settlement is processed and finalized through the CRA-Takasbank integrated system. Takasbank, as the cash clearing agent, manages the DVP system. 5 G-Bonds, T-Bills and Repos. 6 Derivatives T+1 until 14:00. 7 Equities. 8 Securities for delivery lag of T+0. 9 Securities for delivery lag of T+2. United Kingdom: 1 Owned and operated by Euroclear UK and Ireland. 2 For sterling and euro settlement. 3 For US dollar settlement. 4 T for delivery by value transactions. 5 T+1 for gilts. 6 T+3 for equities. United States: 1 NBES is the Federal Reserve's National Book-Entry System.
2
Eastern time.
518
Comparative tables
Table CSD2
Transactions processed by selected central securities depositories: number of transactions

(total for the year) System Number of transactions (millions) 2007 Australia ASX Settlement Austraclear Belgium NBB SSS Euroclear Belgium Euroclear Bank Brazil SELIC BMFBOVESPA-Equities CETIP Canada CDS China SD&C CDC Depository and Settlement System France Euroclear France Germany Clearstream Banking AG Hong Kong SAR CCASS CMU India RBI (SSS) NSDL CDSL Italy Monte Titoli Japan BOJ JASDEC Korea KSD Mexico Indeval Netherlands Euroclear Netherlands Russia NDC NSD DCC Saudi Arabia Tadawul Singapore MEPS+(SGS) DCSS CDP South Africa SAFIRES Sweden VPC Euroclear Sweden Switzerland SECOM Turkey Takasbank Central Registry Agency TIC-ESTS United Kingdom CREST United States NBES DTC nav nav 0.30 1.35 40.7 2.56 nav 13.50 138.6 4,985.4 141.5 2008 nav nav 0.33 1.26 37.0 2.71 nav 18.90 207.1 3,916.5 212.1 2009 nav 0 0.34 1.80 38.4 2.65 nav 21.46 258.6 7,069.6 271.6 2010 nav 0.29 0.41 1.72 48.2 3.01 17.09 26.01 337.1 6,145.9 438.9 2011 nav 0.33 0.52 1.80 59.9 3.37 16.99 34.90 418.5 4,769.7 515.7 Increase in the number of transactions (% change on previous year) 2007 2008 2009 2010 2011 nav nav 7.9 12.4 19.8 1.2 nav 40.6 36.7 239.4 -4.2 nav nav 8.6 -6.7 -9.0 5.9 nav 40.0 49.4 -21.4 49.9 nav nav 2.7 42.8 3.7 -2.2 nav 13.5 24.9 80.5 28.0 nav 22.9 21.1 -4.7 25.6 13.7 nav 21.2 30.4 -13.1 61.6 nav 13.0 27.2 5.1 24.3 12.0 -0.6 34.2 24.1 -22.4 17.5
34.49 67.24 16.67 0.039 nav 192.4 72.41 30.34 4.28 65.39 7.00 4.13 4.60 2.49 nap 0.39 65.67 0.060 44.21 0.47 2.69 28.08 nav 49.58 0.000 4.06 0.10 66.34 24.22 324.9
30.38 56.01 15.68 0.034 nav 123.5 62.75 26.03 4.49 73.78 7.43 4.09 4.40 2.54 nap 0.38 52.14 0.083 61.84 0.48 3.10 32.27 nav 69.32 0.000 3.22 0.10 59.05 25.01 316.6
26.64 55.85 17.49 0.060 0.36 175.3 78.60 28.59 3.90 88.06 7.97 3.87 4.82 2.48 nap 0.21 36.46 0.059 53.11 0.41 3.16 nav 28.6 55.81 0.000 6.28 0.08 56.36 21.08 299.5
26.12 58.40 19.94 0.091 0.37 185.8 83.35 25.91 3.84 87.08 9.01 4.08 4.88 nap 2.74 0.35 19.56 0.071 60.09 0.31 4.31 nav nav 57.43 0.000 2.24 0.09 52.08 19.78 295.0
27.64 63.17 20.65 0.114 0.34 118.1 56.57 23.49 3.93 85.45 9.48 4.65 5.21 nap 2.59 0.13 25.55 0.079 nav 0.31 5.02 nav nav 65.21 0.000 2.42 0.13 51.78 18.61 302.3
5.3 13.7 83.2 6.4 nav 46.5 45.5 6.0 16.2 7.9 17.0 15.1 19.6 30.4 nap 9.6 -31.7 36.4 20.8 72.0 16.4 37.5 nav 51.0 9.8 30.4 4.0 6.4 8.7 11.0
-11.9 -16.7 -5.9 -13.7 nav -35.8 -13.3 -14.2 4.8 12.8 6.2 -1.0 -4.3 2.0 nap -1.3 -20.6 38.3 39.9 3.9 15.1 14.9 nav 39.8 -16.1 -20.8 0.2 -11.0 3.3 -2.6
-12.3 -0.3 11.5 79.5 nav 42.0 25.3 9.8 -13.1 19.3 7.3 -5.4 9.6 -2.2 nap -45.9 -30.1 -28.9 -14.1 -15.1 2.2 nav nav -19.5 -93.6 95.3 -16.0 -4.5 -15.7 -5.4
-1.9 4.6 14.0 50.0 3.3 6.0 6.0 -9.4 -1.7 -1.1 13.0 5.3 1.2 nap nap 68.2 -46.4 20.3 13.1 -24.6 36.1 nav nav 2.9 1,000.0 -64.4 4.6 -7.6 -6.2 -1.5
5.8 8.2 3.6 25.1 -7.6 -36.4 -32.1 -9.3 2.3 -1.9 5.2 13.9 6.9 nap -5.2 -62.8 30.7 11.3 nav -1.3 16.6 nav nav 13.5 -100.0 8.0 47.0 -0.6 -5.9 2.5
519
Comparative tables
Table CSD3
Transactions processed by selected central securities depositories: value of transactions

(total for the year) System Value of transactions (USD billions) 1 2007 Australia ASX Settlement Austraclear Belgium NBB SSS Euroclear Belgium Euroclear Bank Brazil SELIC BMFBOVESPA-Equities CETIP Canada CDS China SD&C p y Settlement System France Euroclear France Germany Clearstream Banking AG Hong Kong SAR CCASS CMU India RBI (SSS) NSDL CDSL Italy Monte Titoli Japan BOJ JASDEC1 Korea KSD Mexico Indeval Netherlands Euroclear Netherlands Russia NDC NSD DCC Saudi Arabia Tadawul Singapore MEPS+(SGS) DCSS CDP South Africa SAFIRES Sweden VPC Euroclear Sweden Switzerland SECOM Turkey Takasbank Central Registry Agency TIC-ESTS
1
2008 nav nav
2009 nav nav
2010 nav nav
2011 nav nav
Average value per transaction (USD thousands) 1 2007 2008 2009 2010 2011 nav nav nav nav nav nav nav nav nav nav
nav nav
9,021.0 12,143.3 10,303.9 11,972.4 19,646.4 29,870.8 37,022.1 30,575.4 29,344.2 37,854.4 1,234.6 453.5 554.4 613.4 773.0 913.4 359.6 307.8 357.4 428.7 390,645 363,996 300,000 366,739 462,953 9,606.4 9,839.4 7,817.4 7,605.9 7,726.6 84,788 106,720 124,674 146,876 178,130 33,123.4 39,376.3 47,058.0 48,769.4 52,816.4 nav nav nav 2,050.6 2,367.8 nav nav nav 119.98 139.33 2,927.2 4,964.4 5,533.9 7,653.4 10,288.6 216.8 262.7 257.9 294.2 294.8 57,230.5 57,589.6 58,869.3 70,034.7 92,075.6 13,369.5 2,252.5 9,419.5 19,332.0 20,965.0 26,064.3 5,967.2 7,158.1 9,998.7 10,487.1 412.8 2.68 15.92 6,080.4 nav 389.2 39,197 nav 7.86 1.98 3,131.6 278.1 2.41 28.13 6,465.2 15.11 387.8 46,997 nav 8.51 1.00 3,776.4 227.6 2.73 26.36 6,133.2 207.7 3.41 22.78 6,937.2 220.0 5.46 20.34 7,371.2
209,719 196,439 163,383 181,214 203,748 79,402 6,488.9 1,531.0 nav 1,511.8 143.30 95,002 91,402 6,082.2 1,583.7 nav 1,050.8 62.84 92,803 90,218 111,302
1.53 1,544.76 1,761.99 301.9 300.0 322.3 91,606 132,453 148,169 5,679.3 38,327.7 40,808.9 8.36 12.60 18.52 1.74 1.59 1.49 3,504.6 3,950.2 4,271.4
5,279.7 5,982.4 6,655.6 5,542.1 12,017.7 16,824.3 2,021.8 14,088.5 13,863.1 1,465.8 2,341.7 2,187.5 136.47 132.27 84.52
98,311 100,189 102,342 100,333
188,615 213,624 211,008 213,545 232,520 44,028.2 47,560.3 54,046.1 55,640.0 59,202.6 12,261.8 14,047.4 14,015.7 14,435.1 16,339.3 187.5 190.4 159.2 165.8 191.2 3,477.7 3,442.8 3,927.5 5,589.9 6,509.1 496.8 463.3 492.8 620.5 686.7
73,742.9 76,675.0 66,060.2 74,392.4 91,365.2 17,843.5 18,747.0 17,064.8 18,247.0 19,669.0 nav 2,365.3 nap 334.0 682.1 575.9 4.84 401.2 3,121.6 nav 2,458.1 nap 367.6 523.5 604.3 4.13 273.2 4,997.6 6,316 1,895.8 nap 121.0 337.1 475.1 0.16 234.9 2,861.2 nav 9,443.4 5,982 nap 2,231.2 226.6 202.7 589.7 0.28 299.0 3,832.6 nav nav 6,591 nap 2,848.0 168.6 293.6 732.2 nav 290.7 4,036.4 nav nav nav 950.5 nap 861.9 10.39 9,599.0 0.110 861.1 1,161.2 680.9 nav 229.6 nav 968.5 nap 960.5 10.04 7,281.0 0.067 564.6 1,614.5 562.5 nav 234.9 nav 763.5 nap 583.9 9.25 8,052.2 0.003 571.6 904.2 nav 329.7 226.1 -5 nap 814.9 650.1 10.37 8,305.1 0.005 965.4 889.8 nav nav 246.7 1,264 nap 1,097.5 1,299.4 11.49 9,268.0 nav 951.0 803.4 nav nav 213.6
19,121.3 18,153.8 nav nav
11,382.9 16,282.4 12,617.1 14,165.1 13,925.9 0.373 424.8 1,995.1 0.055 378.0 2,799.5 0.048 260.8 3,203.6 0.009 372.5 2,427.2
0.000 6,661.7 1,172.4 16,042.9 266.6 nav 410.1 104.6 117.5 41.5 166.5 169.7 4,658.5 19,890.9 27,853.7 37,927.8 27,462.6 35,866.6
Japan: 1 Data refer to total transactions during the fiscal year ending March of the following year (see Japan, Table26). As a consequence, they are converted at average fiscal-year exchange rates.
520
Comparative tables
Table CSD3 (cont) System Value of transactions (USD billions) 1 2007 United Kingdom CREST United States NBES DTC
1
2008
2009
2010
2011
Average value per transaction (USD thousands) 1 2007 2008 2009 2010 2011 3,369.9 3,560.0 4,937.0 4,252.6 4,000.1
223,567 210,202 278,248 221,486 207,135
435,578 419,347 295,742 320,124 291,824 17,986.4 16,768.5 14,028.7 16,184.7 15,678.5 210,000 182,000 122,000 117,500 124,700 646.4 574.9 407.3 398.3 412.5
521
Comparative tables
Table CSD3 (cont) System Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) 2007 2008 2009 2010 2011 nav nav 8.0 103.6 28.3 13.7 nav 16.4 -0.9 306.9 44.8 21.7 36.3 130.0 31.1 nav 70.4 26.5 3.8 18.9 33.1 2.8 15.6 nav 75.8 nap 46.3 -53.3 41.9 1.6 97.4 9.6 5.7 nav 14.1 260.4 45.2 -23.0 10.8 12.6 14.5 nav nav 20.5 -67.1 -16.6 12.1 nav 51.0 -2.5 -38.2 132.3 -15.1 4.8 -10.3 -1.0 nav -30.3 -56.0 -6.5 -1.9 -0.6 12.2 0.8 nav -11.0 nap -5.8 -30.2 -7.6 -24.9 -40.0 71.0 -10.5 nav 26.1 -86.7 -19.7 26.6 -1.0 -7.2 -16.4 nav nav -10.7 28.6 -13.3 21.5 nav 16.0 9.2 106.2 20.5 -12.6 6.6 -14.0 246.6 nav 48.4 131.0 6.4 -9.5 -6.5 28.5 -0.8 nav -9.5 nap -61.4 -38.7 -19.7 -96.1 -12.1 -44.9 nav nav -22.0 -1.9 -22.5 28.6 52.3 -29.1 -32.6 nav nav 19.4 13.7 25.6 -1.8 nav 15.2 5.4 4.1 34.1 14.6 1.0 10.9 112.2 487.8 34.8 -18.2 5.7 -4.4 -4.3 25.2 1.1 -1.3 nap nap 65.0 -42.9 13.2 63.2 16.0 12.3 nav nav 7.1 -83.3 30.2 -30.9 -22.1 6.7 -5.0 nav nav Value of transactions as a percentage of GDP (in %) 2007 nav nav 2008 nav nav 2009 nav nav 2010 nav nav 2011 nav nav
Australia ASX Settlement Austraclear Belgium NBB SSS Euroclear Belgium Euroclear Bank Brazil SELIC BMFBOVESPA-Equities CETIP Canada CDS China SD&C CDC Depository and France Euroclear France Germany Clearstream Banking AG Hong Kong SAR CCASS CMU India RBI (SSS) NSDL CDSL Italy Monte Titoli Japan BOJ JASDEC Korea KSD Mexico Indeval Netherlands Euroclear Netherlands Russia NDC NSD DCC Saudi Arabia Tadawul Singapore MEPS+(SGS) DCSS CDP South Africa SAFIRES Sweden VPC Euroclear Sweden Switzerland SECOM Turkey Takasbank Central Registry Agency TIC-ESTS United Kingdom CREST United States NBES DTC
1
50.9 1,963.0 2,396.2 2,173.9 2,541.1 3,820.6 15.9 268.7 89.5 117.0 130.2 150.3 16.1 85,006.6 71,827.1 63,292.8 77,839.7 90,028.3 8.4 3.2 20.2 22.7 12.6 -5.0 4.6 14.5 5.9 33.2 -8.1 -12.8 -40.3 -9.3 -0.8 4.6 7.3 16.8 2.3 nap 16.3 -32.2 37.9 8.8 nav -14.8 -1.7 nav nav -16.6 -100.0 10.9 93.3 -13.8 -11.3 3.2 6,207.1 nav 214.3 4,021.4 382.8 64.5 8,122.4 2,389.3 3,066.6 723.5 nav 125.2 11.9 4,466.8 4,330.4 273.0 331.4 7,117.6 nap 181.9 nap 25.7 177.3 324.8 2.7 226.2 1,092.2 4,134.0 nav 2,525.9 0.1 65.6 308.0 7,910.7 3,104.9 1,496.9 6,467.2 nav 300.8 3,828.8 205.2 130.0 6,945.3 2,525.4 2,773.7 722.2 nav 81.7 4.9 4,266.0 4,409.0 281.5 369.8 7,011.2 nap 147.7 nap 22.1 109.9 319.1 2.2 144.3 1,822.8 3,732.1 nav 3,106.1 0.0 51.4 380.8 7,672.7 nav 340.6 4,396.9 393.6 145.7 6,229.1 2,809.9 2,466.6 2,589.2 151.5 109.9 10.2 4,739.9 4,189.5 276.2 470.7 7,476.1 792.2 154.8 nap 9.9 89.5 259.1 0.1 128.1 1,006.6 nav 2,324.4 2,470.3 0.0 42.3 520.3 6,853.9 95.7 357.1 4,439.9 362.1 172.7 7,070.5 2,731.9 2,614.5 5,252.1 839.5 139.5 7.9 4,980.6 3,887.5 256.8 550.9 7,181.8 768 nap 150.0 15.2 44.5 259.4 0.1 131.5 1,054.4 nav nav 2,571.5 0.0 50.9 331.4 9,783.1 2,207.9 810.4 7,200.0 95.7 415.9 5,292.4 357.1 143.7 7,339.4 3,087.6 2,677.1 6,767.3 727.5 114.8 4.4 4,566.5 3,958.3 275.7 583.0 7,916.6 787 nap 153.1 9.1 49.2 281.8 nav 111.9 987.6 nav nav 2,104.5 0.0 52.9 600.8 8,529.1 1,935.7 827.2
7,951.4 12,715.6 2,934.2 1,273.5 2,116.4 873.1
522
Comparative tables
Table CSD4
Participation in selected central securities depositories

(end of year) System 2007 Australia ASX Settlement Austraclear Belgium NBB SSS Euroclear Belgium Euroclear Bank Brazil SELIC BMFBOVESPA-Equities CETIP Canada CDS China SD&C CDC Depository and France Euroclear France Germany Clearstream Banking AG Hong Kong SAR CCASS CMU India RBI (SSS) NSDL CDSL Italy Monte Titoli Japan BOJ JASDEC Korea KSD Mexico Indeval Netherlands Euroclear Netherlands Russia NDC NSD DCC Saudi Arabia Tadawul Singapore MEPS+(SGS) DCSS CDP South Africa SAFIRES Sweden VPC Euroclear Sweden Switzerland SECOM Turkey Takasbank Central Registry Agency TIC-ESTS United Kingdom CREST United States NBES DTC 113 nav 90 77 1,381 5,739 227 nav 103 nap 7,080 143 340 19,571 175 nav 250 415 356 329 290 nav 174 59 817 nap 408 40 58 45 65 27 43 nav 402 106 465 48 45,271 2,645 396 2008 120 848 86 77 1,346 6,671 213 nav 98 nap 8,291 139 340 21,973 174 nav 274 466 325 314 264 nav 109 54 908 nap 416 52 60 46 66 27 46 nav 431 89 469 48 37,153 2,588 401 Total number of participants 2009 93 763 86 77 1,324 7,387 203 nav 97 nap 9,247 125 371 22,709 174 168 286 502 299 306 248 242 110 74 892 nap 439 59 63 47 62 27 nav 45 443 91 457 48 36,503 2,566 382 2010 90 732 85 75 1,342 510 199 556 96 nap 10,230 165 366 23,241 163 228 293 551 288 299 229 259 111 70 nap 915 408 63 64 47 63 36 nav 46 434 88 491 48 35,307 2,566 377 2011 92 743 87 73 1,383 514 201 567 98 nap 11,162 162 376 24,006 173 242 282 567 266 297 219 285 113 67 nap 960 391 56 64 47 63 40 nav nav 417 86 540 47 33,743 2,406 378
523
Comparative tables
Table CSD5
Securities held on account at selected central securities depositories

(end of year) System 2007 Australia ASX Settlement Austraclear Belgium NBB SSS Euroclear Belgium Euroclear Bank Brazil SELIC BMFBOVESPA-Equities CETIP Canada CDS China SD&C CDC Depository and France Euroclear France Germany Clearstream Banking AG Hong Kong SAR CCASS CMU India RBI (SSS) NSDL1 CDSL1 Italy Monte Titoli Japan BOJ JASDEC1 Korea KSD Mexico Indeval Netherlands Euroclear Netherlands Russia NDC NSD DCC Saudi Arabia Tadawul1 Singapore MEPS+(SGS) DCSS CDP South Africa SAFIRES Sweden VPC Euroclear Sweden Switzerland SECOM
1
Number of securities held (thousands except as noted) 2008 2009 2010 2.22 nav 1.87 nav 208.3 1.06 1.23 2,007.2 77.44 1.94 1.12 45.76 4,634.2 5,741.0 1.00 2.18 nav 1.48 nav 198.9 0.79 1.20 2,591.1 76.37 2.24 1.44 33.35 4,322.0 6,542.0 0.89 2.22 nav 1.63 nav 207.6 0.59 1.22 2,869.7 77.49 2.78 2.34 40.03 5,085.2 7,818.0 1.14
Market capitalisation (USD billions) 1 2011 2.22 nav 2007 1,303.6 679.7 2008 671.4 681.7 2009 1,258.4 953.7 2010 1,442.1 1,206.8 2011 1,187.0 1,309.4
2.21 nav 1.70 nav 249.6 1.53 1.29 1,485.5 77.98 1.85 0.94 38.83 3,326.4 5,997.0 1.17
1.68 493.7 555.5 665.6 645.4 664.2 0.77 324.7 188.9 203.6 216.5 170.5 203.9 13,418.1 12,304.5 13,845.5 13,837.6 13,934.4 0.53 1.21 2,861.5 78.25 916.2 634.2 892.3 3,383.8 766.8 278.3 861.0 2,383.5 1,191.3 501.1 1,380.9 3,238.2 1,415.1 744.1 1,697.6 3,864.0 1,404.8 589.7 1,696.3 3,850.1
3.30 4,562.0 1,834.2 3,692.5 4,185.2 3,575.8 2.94 16,885.1 22,108.4 25,672.2 30,461.7 33,896.1 46.74 2,232.9 6,617.0 1.56 7,820.0 9,056.8 1,338.1 51.17 nav 1,110.6 149.6 4,080.8 6,940.9 3,702.8 1.11 853.8 1,390.6 251.0 nap 126.4 519.0 nav nav 922.6 755.7 1,068.8 nav 2,745.9 6,286.7 8,332.6 647.3 50.30 nav 641.2 90.7 3,802.8 8,685.5 3,711.1 0.88 674.4 1,139.8 199.0 nap 31.1 246.5 nav nav 665.9 429.1 925.2 nav 2,294.1 7,251.5 8,854.6 1,192.6 98.06 608 1,203.5 179.7 4,069.4 6,867.8 8,435.0 1,453.7 128.73 752 1,474.6 241.3 3,970.4 6,496.9 7,490.0 1,233.3 162.54 726 1,338.9 191.6 4,153.1
nav nav 0 0 0 236,897 282,870 351,138 471,304 579,801 50 71 78 105 134 45.70 nav 88.31 21.32 5.52 7.00 2.40 nap 3.98 45.40 nav 89.09 25.90 6.46 9.00 2.80 nap 4.00 43.00 nav 86.14 30.30 6.76 11.00 2.90 nap 3.99 43.18 nav 82.57 33.86 7.53 14.00 nap 3.27 4.07 42.71 nav 75.78 36.93 7.98 9.00 nap 4.18 3.73
8,769.9 10,574.1 11,585.5 3,972.3 4,592.8 4,626.6 1.09 896.1 1,267.1 251.8 nap 74.5 328.4 nav nav 893.0 687.7 nav 1,144.3 2,776.8 1.20 1,134.7 1,235.3 nap 356.2 124.8 366.6 nav nav 1,128.1 952.8 nav nav 3,041.8 1.28 1,094.9 1,119.9 nap 300.0 102.3 353.1 nav nav 1,039.5 788.3 nav nav 2,719.4
30,618.8 39,503.0 77,157.1 88,767.7 93,702.7 nav nav nav 1.99 nav nav 152.1 nav nav nav 1.98 nav nav 168.4 nav nav nav 1.83 nav nav 202.2 nav nav nav 3.56 nav nav 227.5 nav nav nav 4.11 nav nav 237.6
Converted at end of year exchange rates. Japan: 1 Data refer to total transactions during the fiscal year ending March of the following year (see Japan, Table23). As a consequence, they are converted at end-March of following year exchange rates. India: 1 For number of securities held, millions.
Saudi Arabia: 1 For number of securities held, millions.
524
Comparative tables
Table CSD5 (cont) System Turkey Takasbank Central Registry Agency1 TIC-ESTS United Kingdom CREST United States NBES DTC
1
Number of securities held (thousands) 2007 2008 2009 2010 2011 2,092.6 0.86 0.36 9.28 1,140.4 3,500.0 1,971.8 0.91 0.38 10.07 1,148.0 3,500.0 2,012.6 0.94 0.44 10.55 1,151.5 3,550.0 2,040.4 1.15 0.56 10.87 1,160.9 3,610.0 2,033.6 1.50 0.60 11.01
Market capitalisation (USD billions) 1 2007 2008 2009 2010 2011 4.49 311.5 241.12 4,827.7 4.26 137.0 193.77 2,974.1 6.10 253.5 232.56 4,717.5 7.90 328.6 237.67 5,154.5 7.57 223.6 204.53 5,211.3
1,187.1 43,359.0 47,427.1 52,662.3 56,722.6 60,295.9 3,690.0 40,000.0 28,000.0 34,000.0 37,000.0 40,000.0
Turkey: 1 For number of securities held, millions.
525
Annexes
527
General comments
General comments
Exceptions
Data in the tables conform to this methodology unless indicated otherwise in the table concerned. However, it should be noted that varying methods of collecting data can also complicate cross-country comparisons.
Breaks in series Sources of data Definitions
Where these occur, they are indicated by a footnote. These are indicated under the table concerned where appropriate. Definitions in the tables which are not given in this methodology are based on A glossary of terms used in payments and settlement systems, revised version, March 2003 (http://www.bis.org/publ/cpss00b.htm). Where necessary, footnotes to individual tables explain the countryspecific definitions, eg of banks. (Note that in general the term banks should be broadly construed according to local regulations so as to include all relevant financial institutions, eg credit institutions in EU countries.)
Intrabank items Foreign currency Time period
These are included as appropriate except where indicated. Foreign currencies are not included in the figures unless otherwise indicated. Each table indicates the period (eg year) or point in time (eg end-year) for which the data are presented. The data are totals unless the table explicitly indicates otherwise (eg a daily average). Where data are broadly estimated and thus only indicative, this is indicated in a footnote (except for population and GDP in Table 1 and data in Country Tables 7 and 8, where it is taken for granted that the data are estimated). Figures are not seasonally adjusted unless otherwise indicated. Where data are not applicable (ie the category does not exist in the reporting country), this is indicated by nap. Where data are not available (ie the category exists, but data are not available), this is indicated by nav. Where data are exactly zero or none this is indicated by 0.
Estimated data
Seasonal adjustment nap, nav and 0
529
Methodology - the country tables
Statistical methodology for the country tables
General
Stock data are collected at annual frequency with reference date end-December, except when specified otherwise. Transaction data cover the whole calendar year. Note that definitions are only provided once. The items only appear on the left-hand side of this methodology when they appear for the first time in the tables, in which case a definition is given, or when there are some specific methodological issues in the table concerned.
Basic information: banknotes and coin; institutions; transferable deposits
Table 1: Basic statistical data Population GDP GDP per capita CPI inflation Exchange rate (domestic currency vis--vis USD) Average for the year (computed as the average of two point values at the start and end of the year, or otherwise). Nominal (not real) GDP. GDP divided by population. Changes in the price of consumer goods and services (yearly averages of monthly values), in per cent. Provided both as a year-end value and as an average for the year.
Table 2: Settlement media used by non-banks Notes and coin (or currency) in circulation outside banks Transferable deposits The value of cash in circulation in the economy. The figure excludes notes and coin kept in vaults at central banks or at banks (see Table 4) but includes holdings by non-residents. It also excludes commemorative coins that are not used for payments, unless otherwise indicated. Deposits which are convertible into currency and/or can be used to make cashless payments using one of the instruments mentioned in Tables 7 and 8, as included in the national definition of M1. They include, when relevant, overnight overdrafts on these accounts. In addition, they include deposits in foreign currencies and outstanding values on e-money storages if these are also included in M1. Items other than notes and coin and transferable deposits included in M1. Cash in circulation and transferable deposits held by non-banks including non-residents, unless otherwise indicated. Instruments for storing e-money funds, eg cards (card-based, see cards with an e-money function in Table 6), personal computers or servers (computer-based, of which software- or network-based) or other devices like mobile phones (mobile-based, with the funds stored locally on a mobile phone). Electronic money products which employ specialised software on a personal computer and which can typically be used to transfer electronic value via telecommunications networks such as the internet. Electronic money products which allow consumers to store monetary value 531
Other Narrow money supply (M1) E-money storages
Software-based
Network-based
on a centrally located server. This value can subsequently be used for making payments on the internet. Outstanding value on e-money storages The difference between the value of cash loaded onto an e-money storage and the value spent. The value loaded is issued against a payment to the issuer in advance and is widely accepted as a means of payment by parties other than the issuer. The value of electronic money held by banks other than the issuer is included, unless otherwise specified.
Table 3: Settlement media used by banks Transferable balances held at the central bank Required reserves Deposits held by banks at the central bank which can be used for payment purposes, regardless of the type of account (eg current account, reserve account, settlement account, clearing account). Funds that banks are required to hold at the central bank. If only part of the required reserves can be used for payment purposes, that amount is indicated here. Funds held voluntarily at the central bank that can be used for payment purposes. Deposits held at other banks in the country (not at the central bank) which are convertible into currency and/or can be used for payment purposes. Intraday: credit extended by the central bank for a period of less than one business day. It is calculated as the average of the daily maximum value of simultaneous intraday overdraft positions or drawings on intraday credit facilities during the day for the aggregate of all banks, over the opening days of the interbank payment system. Overnight: credit extended by the central bank (in the forms specified by the respective country) at the end of the day, in order to cover any (unexpected) overdrafts caused by banks payment activities. This includes discount window facilities in the United States and marginal lending facilities in the euro area countries. It is calculated as the average of the daily total value for the aggregate of all banks, over the opening days of the interbank payment system. Longer-term refinancing operations: credit of varying maturities extended by the central bank (in the forms specified by the respective country) through its monetary policy operations. Although banks borrowing of these funds is not determined by their payment activities, the funds are made available in the payment system and therefore contribute to the liquidity of the system.
Free reserves Transferable balances held at other banks Credit extended by the central bank
Table 4: Banknotes and coin Total banknotes and coin issued Value of banknotes and coin excluding those kept in vaults at central banks or at treasury departments (but including those held at banks). Commemorative coins that are not commonly used to make payments are excluded. Value of banknotes which are part of the liabilities of the central bank; a breakdown by denomination is provided. Value of coin; a breakdown by denomination is provided. Banknotes and coin in banks vaults and thus not in circulation among the public. Total banknotes and coin in circulation less banknotes and coin held by banks (identical to notes and coin in Table 2). 532
Total banknotes issued Total coin issued Banknotes and coin held by banks Banknotes and coin in circulation outside banks
Table 5: Institutions offering payment services to non-banks Categories Categories of institutions are based on the individual countries own financial systems. Particular categories are explained where this is felt to be necessary. As a rule, subsidiaries of foreign banks with legal personality in the reporting country are counted alongside domestic banks. The same holds for the post office when it is recognised as a bank by the national jurisdiction. All places of business located in the reporting country of banks headquartered in other countries, which have no legal personality, and which carry out all or some of the transactions inherent in the business of banking. Foreign-owned banks or subsidiaries of foreign banks are included with domestic banks. Other institutions offering payment services Non-banking institutions offering payment services to non-banks, such as the post office (when it is not considered as a bank), money remitters, card schemes or public authorities offering such services. Whenever possible, the types of institutions included are indicated. In some countries, information for some or all of these institutions is not available, or is restricted to transaction data (which is shown in Tables 6 to 8). In such cases, Tables 6 to 8 may include information from a larger range of service providers than those included in Table 5; if required, an explanatory footnote is given. Number of institutions Any institution which offers payment services is included even if it does not hold deposits for customers (eg because the money transferred is given in cash by the customer to the institution, or debited from a sight account held at another institution). Each institution is counted once, irrespective of the number of branches or offices it holds in the country. All places of business of an institution that offer cashless payment services to non-banks. The head office of the institution is counted as an office if it offers such services. Mobile offices are excluded. The number of accounts held by banks for non-banks (including the government) and individuals, which can be debited directly using one of the instruments mentioned in Tables 7 and 8. This excludes savings accounts; it may include time deposits. The aggregate amount of deposits held by non-banks at institutions offering payment services. This amount differs from Table 2, as that table also contains deposits held at institutions which do not offer payment services (eg money market funds). Electronic money institutions Outstanding value on e-money storages An undertaking or any other legal person, other than a bank, which issues means of payment in the form of electronic money. The value of e-money issued by electronic money institutions and held by entities other than the issuer, including banks other than the issuer. This figure differs from that in Table 2, as that table also contains outstanding value on e-money storages issued by banks.
Branches of foreign banks
Number of branches or offices Number of accounts
Value of accounts
533
Retail payment instruments
Table 6: Payment card functions and accepting devices A. Cards A card which has several functions is counted in each relevant line. Therefore, in general, these figures should not be added because of the risk of double-counting. In cases where certain functions are not indicated separately but grouped together, this is indicated in the table concerned. Cards are counted on the issuing side. Each country reports the number of cards that have been issued in the country (and used for transactions within and outside the country of issue) and not the number of cards used in the country. All valid cards are included, irrespective of when they were issued and how actively they are used. Expired or withdrawn cards are not included. Cards issues by three-party schemes, eg American Express or Diners, are included. Cards issued by merchants are not included in the standard categories, unless they have been issued in cooperation with a bank. When relevant, they can be included under the memorandum item Retailer cards. Cards with a cash function Cards with a debit function Cards enabling the holder to withdraw cash from a cash dispenser and/or to deposit cash. Cards which enable the holder to have purchases directly charged to funds on his/her account at a bank (may sometimes be combined with another function, such as that of a cash card or cheque guarantee card). The total represents the number of cards in circulation, not the number of accounts to which the cards are linked. Cards enabling the holder to charge his/her account up to an authorised limit. These cards allow holders to make purchases, but do not offer extended credit, the full amount of the debt incurred having to be settled at the end of a specified period. Cards indicating that the holder has been granted a line of credit. They enable him/her to make purchases and/or draw cash up to a prearranged ceiling. The credit granted may be settled in full by the end of a specific period, or may be settled in part, with the balance taken as extended credit. Interest is charged on the amount of extended credit and the holder is sometimes charged an annual fee. Reloadable multipurpose prepaid cards which can be used at the sites of several service providers for a wide range of purposes and which have the potential to be used on a national or an international scale, but may sometimes be restricted to a certain area. These cards can be considered as activated: the loading may be interpreted as indicating the intention to use the e-money function.
Cards with a credit function
Cards with an e-money function
Cards with an e-money function which have been loaded at least once Retailer cards
Cards issued by non-banking institutions (merchants) for use at specified retail outlets. May function as cards with a debit, delayed debit or credit function. If the retailer cards have been issued in cooperation with a bank (cobranding) they are included according to the function(s) available on the card; whenever possible these cards are specified as a sub-item. Non-co-branded cards can be included as a memorandum item or as a footnote.
534
B. Terminals ATMs with several functions (eg cash dispensing and credit transfer function) are counted in each relevant line. Therefore, in general, these figures should not be added because of the risk of doublecounting. For some countries, there may be double-counting of the number of ATMs when the data are reported per card issuer or per card scheme, and the same ATM is reported under several schemes; if required, an explanatory footnote is given. ATMs (automated teller machines) Electromechanical devices allowing authorised users, by using a payment card, to withdraw cash from their account and in some cases to access a range of other services, such as balance enquiries, transfers of funds and acceptance of deposits. ATMs may be operated online (with real-time reference to an authorisation database) or offline. ATMs allowing their users, by using a card with a cash function, to withdraw cash from their accounts. ATMs allowing their users, using a payment card, to make credit transfers. This term refers to the use of payment cards at a retail location. The payment information is captured either by paper vouchers or by electronic terminals. Each single terminal is counted separately, independent of the existence of several terminals within one merchant location. Countries reporting each merchant location as one terminal will specify this in a footnote. A terminal at a retail location which is designed to capture, and in some cases also transmit, debit card transactions by electronic means. Each single terminal is counted separately, independent of the existence of several terminals within one merchant location. Countries reporting each merchant location as one terminal will specify this in a footnote. Terminals allowing the transfer of e-money between the issuer of e-money and the holder of an e-money card, or between the holder of an e-money card and a beneficiary. Terminals allowing the transfer of electronic value from an issuer of electronic money to the holder of a card with an e-money function and vice versa (unloading). Terminals located at the point of sale that permit the holder of e-money to transfer e-money value from his/her e-money card to the balance of the merchant or other beneficiary. Each single e-money accepting terminal is counted separately, independent of the existence of several terminals within one merchant location. Countries reporting each merchant location as one terminal will specify this in a footnote.
ATMs with a cash withdrawal function ATMs with a credit transfer function POS (point of sale)
EFTPOS (electronic funds transfers at the point of sale)
E-money card terminals E-money card loading/unloading terminals E-money card payment terminals
535
Tables 7 and 8: Indicators of the use of payment instruments and terminals by non-banks (volume and value of transactions) The objective of the upper part of these tables is to estimate the volume and value of transactions effected with cashless payment instruments issued in the country concerned, irrespective of where the transactions were effected. Thus payments with cards issued in the country will include both domestic payments and payments executed abroad. The lower part of each table distinguishes between cashless payments effected in the reporting country with instruments issued in the reporting country and abroad, and payments effected abroad with instruments issued in the reporting country. Figures concerning only a sample of banks or customers should be extrapolated to provide figures covering the whole volume and value of cashless payment instruments used in the country. Only customer transactions are included. Transactions initiated by banks are excluded, unless they are related to the banks own retail payments (utility bills, salaries etc). Transfers between accounts in the same name are only included when these accounts are at different banks. Transfers between accounts in the same name at the same bank are not included, unless indicated otherwise. In the case of cross-border payments, there is a need to avoid double-counting (ie in the country of the originator and in that of the beneficiary). Cross-border cashless payments are accordingly counted in the country of the originator. Card payments and e-money payment transactions are counted on the issuing side. Only transactions with cards or e-money storages issued in the country are counted in the upper part of each table. For these cards and storages all transactions, within and outside the country, are reported. A. Payment instruments Credit transfers Payment orders or possibly sequences of payment orders made for the purpose of placing funds at the disposal of the beneficiary. Both the payment orders and the funds move from the payers bank to the payees bank, possibly via several other banks as intermediaries and/or one or more interbank funds transfer systems. Payments are counted on the payers side. Credit transfers performed via ATMs with a credit transfer function are included. Credit transfers which have cash at one or both ends of the payment transaction, eg money and postal orders, are also included. Credit transfers used to settle balances of cards with a credit or a delayed debit function are included, as these are separate payments from the card holder to the card issuer. Cross-border credit transfers (sent) are included. Cash payments into the account using a bank form are not included under credit transfers, but can be shown in a memorandum item OTC cash deposits. In the case of standing orders and in the case of bulk or batch payment orders, each individual transaction is counted as one transaction. The categories paper-based and non-paper-based are mutually exclusive. Paper-based Credit transfers which are submitted on paper forms. Includes submissions by telefax if they require manual intervention to be transformed into electronic payments. Credit transfers which are submitted without the use of paper forms, eg electronically or via telephone. Includes submissions by telefax if they do not require manual intervention to be transformed into electronic payments. Includes standing orders which are originally submitted on paper forms, but then executed electronically. Includes credit transfers initiated at an ATM. Preauthorised debits, possibly recurrent, of the payers account by the payee. Both one-off and recurrent direct debits are included. In the case of recurrent direct debits, each individual payment is counted as one transaction. Direct debits used to settle balances of cards with a credit or delayed debit functions are included, as they are separate payments from the card holder to the card issuer. Direct debits resulting from the settlement of an individual card transaction should not be reported because 536
Non-paper-based
Direct debits
of the risk of double-counting. Payments are counted on the payees side. Cash payments out of the account using a bank form are not included, but may be shown under the memorandum item OTC cash withdrawals. Card payments with cards issued in the country Payment transactions performed with cards with a debit, credit or delayed debit function issued in the reporting country, at a terminal or via other channels. Payments can have been made in the reporting country or abroad. E-money transactions and mobile payments are not included. For the breakdown of cards by category, see Table 6. These sub-categories are mutually exclusive. Only payments are included. Cash withdrawals/deposits at ATMs or credit transfers at ATMs are not included. Cash advances at POS terminals are also excluded, when it is possible to distinguish them. Payments by phone and over the internet using a card are included. Payments with retailer cards are excluded, except when the retailer card was issued in cooperation with a credit institution. For countries with significant business with retailer cards, a memorandum item or a footnote can be included. Transactions where the holder of e-money transfers e-money value from his/her balance to the balance of the merchant. This can be done either with an e-money card or through other e-money storages. A written order from one party (the drawer) to another (the drawee, normally a bank) requiring the drawee to pay a specified sum on demand to the drawer or to a third party specified by the drawer. Cheques may be used for settling debts and withdrawing money from banks. Travellers cheques, promissory notes and bankers drafts are included under cheques. Commercial bills are included if funds transfers can be made on the basis of these, without using another medium. Cash withdrawals using bank forms are not included. Cheques are counted on the payees side when submitted for cheque clearing. Cheques issued but not submitted for clearing are not included. Other payment instruments Includes payment instruments that exist in some countries and cannot be included in any of the other categories. These could be, for example, bills of exchange, included truncated bills of exchange. Mobile payments are not included, unless specified otherwise. A footnote states which payment instruments are included.
E-money payment transactions Cheques
B. Terminals Transactions at ATM, POS and e-money card payment and loading/unloading terminals are reported according to the location of the terminal and the country of issue of the card used. ATM cash withdrawals Cash withdrawals performed at ATMs using a card with a cash function. Cash advances at POS terminals using a debit, credit or delayed debit card are not included, but are reported under POS transactions. If it is possible to distinguish them, they are, in addition, reported as a memorandum item Cash advances at POS terminals. Cash deposits performed at ATMs using a card with a cash function. Transactions performed through POS terminals using a card with a debit, delayed debit or credit function. Cash advances at POS terminals are included. If it is possible to distinguish them, they are, in addition, reported in a memorandum item Cash advances at POS terminals. Transactions allowing the transfer of e-money value from an issuer of electronic money to a holders card with an e-money function and vice versa. Both loading and unloading transactions are included. E-money payment transactions with e-money cards.
ATM cash deposits POS payment transactions
E-money card loading/unloading transactions E-money card payment transactions
537
Interbank funds transfer systems (IFTSs)
Table 9: Participation in selected interbank funds transfer systems Total number of participants Any institution that is identified/recognised by the system and which is allowed to send transfer orders to and receive transfer orders from the system, either directly (as a direct participant) or indirectly (as an indirect participant). For CLS: settlement members and user members. Direct participants Any participant in a system that directly exchanges transfer orders with other participants in the system, without an intermediary, and is directly responsible for settling them. In some systems, direct participants also exchange orders on behalf of indirect participants. For CLS: settlement members only. Banks Central bank General government Postal institution Any institution recognised as a bank by the national jurisdiction which is a direct participant in the system. The central bank is a direct participant in the system when it directly exchanges transfer orders with other participants in the system. Central, regional or local government, government agencies and other (semi-) public institutions which are direct participants in the system. The postal institution is only counted separately when it i) participates directly in the system and ii) is not considered (and supervised) as a bank (if this is the case, it is counted together with other banks). All clearing and settlement organisations which are direct participants in the system. Generally, retail and securities clearing and/or settlement organisations directly participate in the large-value funds transfer system in which the respective retail or securities transactions are finally settled. When the relevant settlement organisations are considered as banks, they can be counted either under banks or under clearing and settlement organisations; a footnote explains the choice made. When CLS is recognised as a direct participant in the system, it should be reported as a clearing and settlement organisation. Other financial institutions Other All other financial institutions that are under the supervision of the relevant authorities (either the central bank or the prudential supervisor), but are not considered as banks. All other entities directly participating in the system.
Clearing and settlement organisations
Tables 10 and 11: Payments processed by selected interbank funds transfer systems (volume and value of transactions) With regard to the volume and value of transactions, each payment instruction is counted once (not twice, ie the debit from the payers account and the credit to the payees account are not counted separately). Funds transfer systems (FTSs) Formal arrangements based on private contract or statute law with multiple membership, common rules and standardised arrangements for the transition and settlement of money obligations arising between the members. Transfer systems in which most (or all) direct participants are banks and which are used primarily to process cashless payments. As a rule, all IFTSs with significant business for the country are mentioned here, both those managed by the central bank and those managed by
538
private operators. Figures are provided system by system, with categories of various payment instruments when relevant (cheques, direct debits, credit transfers, ATM transactions, card payments, e-money transactions etc) as sub-items. Concentration ratio in terms of volume/value Market share of the five largest senders of payment messages in each system (this may include the central bank). The five largest senders of transactions in terms of volume may differ from the five largest senders in terms of value. Each participant which has individual access to the system is counted separately, irrespective of whether there is a legal link (eg merger) between two or more participants. All card payments processed in the IFTSs are reported, irrespective of where the card was actually issued or used. Cross-border transactions are counted in the country where the transaction originates in order to avoid double-counting (this differs from Tables 7 and 8, where card payments are reported in the acquiring country). Whenever received transactions are available, they can be reported as a memorandum item. For other payment instruments settled in these systems (credit transfers, direct debits, cheques etc), see the definitions given for Country tables 7 and 8.
Card payments
Table 12: Participation in SWIFT by domestic institutions These figures are provided by SWIFT. Totals and their components (members, sub-members, participants) refer to legal users, ie users who have been approved by SWIFTs Board via the monthly Board Paper. Live users are those that have cutover and are connected on SWIFT. Sub-members Participants Domestic users sponsored by members abroad. Participants are not shareholders of SWIFT and their message traffic over the network is restricted.
Table 13: SWIFT message flows to/from domestic users These figures are provided by SWIFT. All traffic for domestic and international Market Infrastructures is allocated to the country of the SWIFT destination making the payment. The traffic exchanged between Market Infrastructures and their participants is excluded from the domestic traffic. Category I Messages used by banks to transfer funds to an account of a customer (ie messages relating to payments that are category I messages, eg MT100 messages). Messages used by banks to transfer funds to an account of another bank (ie messages relating to payments that are category II messages, eg MT200 messages). Messages sent to/received from domestic users.
Category II
Domestic traffic
539
Securities and derivatives trading, clearing and settlement
Exchanges and trading systems
Table 14: Number of participants in exchanges and trading systems Figures are provided separately for each trading system, with categories of various participants as sub-items. When countries are unable to provide a breakdown, only the total number of participants is reported. Trading system An infrastructure or mechanism aimed at facilitating securities or derivatives transactions between those who wish to buy and sell. A trading system can be a legal entity recognised as an exchange or an integrated part of a stock exchange; it can also be a multilateral trading facility or an OTC trading platform. Only recognised and/or supervised exchanges and trading systems are reported; only the exchanges and systems that the reporting central banks consider to be relevant for this publication are reported. Reporting is done by entity; if available, more detailed figures can be provided for each or some of the markets serviced by the entity. Participant Domestic vs foreign participants A participant is a legal entity that can submit (buy and sell) orders to the trading system on its own behalf or on behalf of its customers. Any participant that is located in the country of incorporation of the trading system (which is also the reporting country) is considered as a domestic participant. In the European Union, branches of foreign entities located in the reporting country, and participants in systems that are part of an international group, located in one of the participating countries, are considered as domestic participants. Other countries specify in a footnote how participants are classified. When it is not possible to distinguish between the location of the participants in the system, the categories of participants appear as subitems under Total number of participants, instead of under the two subcategories Number of domestic participants and Number of foreign participants. Central counterparty (CCP) An entity that interposes itself between counterparties to contracts traded in one or more financial markets, becoming the buyer to every seller and the seller to every buyer. A CCP may at the same time be a bank. In that case, it is classified as a CCP (ie according to its function) and not as a bank. Banks See Country Table 5. If a bank is at the same time a CCP, the institution is classified as a CCP and not as a bank. Other Other counterparties, for example dealers and brokers.
Table 15: Number of listed securities Total number of securities admitted to trading The number of securities admitted to trading on the reported trading system. Securities are distinguished according to their ISIN code, or any other national code used in the reporting country. The ISIN (International Securities Identification Number) code system is an international standard on many financial markets that facilitates the identification of securities, 540
particularly in cross-border transactions, since ISIN assigns each security a single number used in all countries. When countries are only able to provide the number of companies that are listed (and not the number of different codes), this is specified in a footnote. Debt securities A debt security is a promise on the part of the issuer (the borrower) to make one or more payment(s) to the holder (the lender) on a specified future date or dates. Such securities usually carry a specific rate of interest (the coupon) and/or are sold at a discount to the amount that will be repaid at maturity. Includes bonds and short-term paper. The number of securities can be approximated by the number of codes listed. Equity Securities representing ownership of a stake in a corporation, ie shares traded on a stock exchange (quoted or listed shares), unquoted or unlisted shares and other forms of equity. Equities usually produce income in the form of dividends. Equity includes investment fund shares and depository receipts. The number of companies whose shares are listed is reported. A company or investment fund with several classes of shares is counted only once. Other Other instruments, for example warrants.
Table 16: Market capitalisation of listed companies Total market capitalisation The market value of companies, calculated as the total number of a companys shares outstanding multiplied by the current market price per share. Only domestic equities are included; foreign listings and investment fund shares/units are excluded. If shares are listed on several exchanges they are only taken into account for the calculation of the market capitalisation on the exchange where the shares have been issued. For exchanges that are part of an international group, all securities listed in one of the participating countries are considered.
Tables 17 and 18: Number and value of executed trades Total number of executed securities trades Total value of executed securities trades Each transaction is counted once, regardless of whether the transaction has been executed on an order-driven or on a quote-driven system (even when exchanges count transactions executed on a quote-driven system twice, once for the buyer and once for the seller). Transactions in debt securities, ie bonds and short-term papers, are valued at nominal value. Transactions in equity securities are valued at market value. The monthly average securities price can be used as market value. The value of transactions denominated in other than the reporting currency are converted to the reporting currency taking the exchange rate on the day when the transaction takes place (transactions) or the exchange rate of the last business day of the year (stocks). The monthly exchange rate can also be used as a proxy. Total number of executed derivatives trades Total value of executed derivatives trades Number of derivatives contracts entered into in the reporting period.
Gross nominal or notional value of all contracts entered into in the reporting period.
541
Central counterparties (CCPs) or clearing houses

A CCP is an entity that interposes itself between counterparties to contracts traded in one or more financial markets, becoming the buyer to every seller and the seller to every buyer. A clearing house is a central location or central processing mechanism reconciling and, in some cases, confirming payment orders or securities transfer instructions prior to settlement, possibly including the netting of instructions and the establishment of final positions for settlement. Only entities that do not novate transactions and assume the role of CCP are reported as clearing houses. The name of the entity is followed, in brackets, by a mention of its function (either CCP or clearing house). When deemed necessary, a footnote provides additional information. When a single entity performs the functions of both clearing house or CCP and central securities depository, Tables 19 to 21 are completed, when relevant, with data on its clearing house or CCP activities.
Table 19: Number of clearing members Figures are provided separately for each CCP or clearing house with categories of various participants as sub-items. When countries are unable to provide a breakdown, only the total number of participants is reported. Number of clearing members All members of the clearing house or CCP. Includes direct clearing members (participants that are able to clear only their own obligations) and general clearing members (participants that are able to clear their own obligations as well as those of clients). Any clearing member that is located in the country of incorporation of the CCP or clearing house (which is also the reporting country) is considered as a domestic clearing member. A footnote specifies whether participants located in some other countries are also counted as domestic. A clearing member who is registered outside the reporting country, but has a branch in this country, is also reported as a domestic clearing member. When it is not possible to distinguish between the location of the clearing members, then the categories of clearing members appear as sub-items under Total number of clearing members, instead of under the two subcategories Number of domestic clearing members and Number of foreign clearing members. Central counterparty (CCP) Banks Other CCPs which are clearing members of the reporting CCP or clearing house, and which are also banks, are classified as CCPs and not as banks. See Country Table 5. If a bank is at the same time a CCP, the institution is classified as a CCP and not as a bank. Other counterparties, for example dealers and brokers.
Domestic vs foreign clearing members
Tables 20 and 21: Number and value of contracts and transactions cleared Contracts/transactions denominated in another currency than the reported currency are converted to the reporting currency using the exchange rate on the day at which the transaction takes place. As a proxy, the monthly average exchange rate can be used. Securities transactions cleared Number of securities transactions cleared Value of securities transactions cleared Includes both outright securities transactions and repurchase transactions. For CCPs, the number and value of securities transactions is reported on a post-novation basis (counting the transactions with the CCP as it interposes itself as buyer to every seller and seller to every buyer). Transactions in debt instruments and equity securities are valued at transaction values. When the transactions cleared are free-of-payment, the securities are valued at market value. The monthly average price may be 542
used as a proxy for the market value of transactions. When market value is not available, the latest available price is used. Derivatives contracts OTC derivatives transactions Financial futures Financial contracts whose value depends on the value of one or more underlying reference assets, rates or indices. Derivatives transactions that have not been executed on trading platforms of recognised and/or supervised exchanges or trading systems. Standardised contracts, traded on an exchange, that obligate one party to buy, and the other to sell, an underlying asset at a specific price and date in the future. In the case of financial futures, the underlying can be a financial instrument (eg securities) or an index (eg interest rates). Contracts that give the buyer the right, but not the obligation, to buy or sell an underlying asset by (or on) a specific date for a specific price. For this right the purchaser pays a premium. In the case of financial options, the underlying asset is a financial instrument (eg securities). Any financial derivatives other than future and option contracts, for example swaps. Standardised contracts, traded on an exchange, that obligate one party to buy, and the other to sell, a commodity (agricultural product, oil etc) at a specific price and date in the future. Contracts that give the buyer the right, but not the obligation, to buy or sell a commodity by (or on) a specific date for a specific price. For this right the purchaser pays a premium. Any commodity derivatives other than future and option contracts. Several contracts may be traded in one transaction. This item does not refer to the number of transactions, but to the number of contracts. For CCPs, contracts are reported on a post-novation basis (counting the contract with the CCP as it interposes itself as buyer to every seller and seller to every buyer). Transfers of underlying assets to fulfil obligations from open positions in derivatives at expiration of a derivatives contract are not counted as derivatives transactions. If the underlying is a security, such a transfer is counted as a securities transaction. Value of derivatives contracts cleared Derivatives transactions are valued at market value. The market value of an option is the actual premium to be paid by the option buyer. The market value of a futures contract is the market value of the underlying or, for futures with notional underlying, the market price of the futures contract itself.
Financial options
Other financial derivatives Commodity futures
Commodity options
Other commodity derivatives Number of derivatives contracts cleared
543
Central securities depositories

A central securities depository (CSD) is a facility (or an institution) for holding securities which enables securities transactions to be processed by book entry. Physical securities may be immobilised by the depository or securities may be dematerialised (ie so that they exist only as electronic records). In addition to safekeeping, a CSD may incorporate comparison, clearing and settlement functions. When a single entity performs the functions of both clearing house or CCP and CSD, Tables 22 to 25 are completed, when relevant, with data on its clearing house or CCP activities.
Table 22: Number of direct participants in CSDs Figures are provided separately for each CSD, with categories of various participants as sub-items. When countries are unable to provide a breakdown, only the total number of participants is reported. Direct participants Tiered vs non-tiered system Direct account holders in a tiered system or account operators in a nontiered system. In a tiered system, custodian banks or other CSDs hold accounts with the CSD. Individual customers will only be allowed to open accounts with a custodian bank, but not directly with the CSD. In a non-tiered system, every private individual can have an account with the CSD. However, the accounts are operated by only a few companies, the account operators. Account operator Domestic vs foreign participants A company operating the account of (private) customers in non-tiered systems. Account operators are typically banks. Any participant that is located in the country of incorporation of the CSD (which is also the reporting country) is considered as a domestic participant. When it is not possible to distinguish between the location of the participants, then the categories of participants appear as sub-items under Total number of participants, instead of under the two sub-categories Number of domestic participants and Number of foreign participants. Banks If a bank is at the same time a CCP or a CSD, the institution is classified as a CCP or a CSD and not as a bank.
Table 23: Number of securities held on accounts at CSDs Total number of ISIN codes held Debt securities The number of securities (ISIN codes or national codes) held on accounts with the reporting CSD, comprising all securities issued or safe-kept in the reporting CSD, or transferred into the CSD through a link. A debt security is a promise on the part of the issuer (the borrower) to make one or more payment(s) to the holder (the lender) on a specified future date or dates. Such securities usually carry a specific rate of interest (the coupon) and/or are sold at a discount to the amount that will be repaid at maturity. All other securities (mainly equities). Debt securities (including convertible securities) with an original maturity of more than one year. Debt securities (including convertible securities) with an original maturity of one year or less.
Non-debt securities Bonds Short-term paper
544
Table 24: Value of securities held on account at CSDs Total value of securities held The value of securities held on accounts with the reporting CSD, comprising all securities issued or safe-kept in the reporting CSD, or transferred into the CSD through a link. The value of securities denominated in a currency other than the reporting currency is converted to the reporting currency using the exchange rate on the last business day of the year. Debt securities Equity and other Valued at nominal value. Valued at market value. The monthly average price may be used as a proxy for market value. When market values are not available, the latest available price is used (as specified in a footnote). When no price and no recent payment value can be associated with the security (eg in DVP transactions), each security is valued at one unit of national currency. Securities for which no market price is available This item aims at providing information about the relative importance of non-debt securities (ISIN or national codes) for which the valuation rule has been applied.
Tables 25 and 26: Number and value of delivery instructions processed Delivery instructions All instructions to move securities between accounts. For trades not cleared by a CCP: data related to delivery instructions are reported on a gross basis. For trades cleared by a CCP: data related to delivery instructions are reported on a post-netting basis. Delivery instructions reported also include: instructions to block (and de-block) securities for collateralisation purposes on a borrowers securities account with the CSD; securities movements due to automatic securities lending or automatic collateralisation (including self-collateralisation); delivery instructions to move securities from the participants own account to his omnibus account and vice versa when there is segregation on a participants account with the CSD; delivery instructions related to the transfer of securities between two accounts of the same account operator in a non-tiered system. Not reported are instructions: related to securities movements due to corporate actions (restructuring the ownership of a company through an action such as a stock split or conversion), new issues and redemptions; related to purely technical bookings such as realignment procedures. Number of delivery instructions In principle, only delivery instructions are counted. An instruction to transfer two or more securities (ISIN or national codes) is counted as two (or more) instructions. When processing an instruction to transfer securities from a seller to a buyer requires two transfers, due to the use of a technical account (that cannot be assigned to a CSD participant), only one transfer is reported. If the CSD receives two instructions regarding the same transaction (eg one from the seller and one from the buyer of the securities), only one instruction is reported. For transfers through a link between CSDs, only the issuer CSD should report. When the issuing CSD is not involved (eg transfers through the bridge), only the delivering CSD reports. Value of delivery instructions The value of securities denominated in a currency other than the reporting currency is converted to the reporting currency using the exchange rate on 545
the day of the transaction. As a proxy, the monthly average exchange rate can be used. DVP transactions Free-of-payment transactions Debt securities Equity and other A mechanism that ensures that the delivery of a security occurs if, and only if, payment occurs. Delivery of securities with no corresponding payment of funds Valued at nominal value. Valued at market value. See Table 24.
546
Methodology comparative tables
Statistical methodology for the comparative tables
General
The comparative tables are fully based on the country tables, with the exception, to a certain extent, of the payment, trading and clearing and settlement systems tables (Table PS1 ff). In this methodology, references to both country and other comparative tables are made in brackets, where [CT 1] indicates that the figures used in the comparative table under consideration have been calculated with data from Country Table 1. When figures can either be derived from a country or from a comparative table, only the reference to the country table appears, as the figures presented there are considered to be the source of the comparative tables. In some cases, however, reference is also made to other comparative tables, because of repeated identical calculations. When calculations are identical for all or most items of a table, the full formula is only given once, while repetitions are indicated by idem. In all tables, figures are given for individual CPSS countries. A figure for the euro area is added to the individual countries figure in Table 2. A figure for all CPSS countries is also calculated in Tables 115 (where this is statistically not relevant, this is indicated by nap). Where applicable, these totals or averages are expressed in or based on USD terms. Henceforth, comparative tables are simply referred to as tables.
Basic information: banknotes and coin; institutions; transferable deposits
Table 1: Basic statistical data Based on CT 1. GDP Nominal figures, expressed in USD by dividing GDP in domestic currency [CT 1] by the average exchange rate of the domestic currency vis--vis the USD [CT 1]. Population [CT 1]. GDP in USD [Table 1] divided by population [CT 1]. CPI inflation [CT 1]. Average and end-of-year exchange rates (domestic currency vis--vis USD) [CT 1].
Population GDP per capita Consumer price inflation Exchange rate (domestic currency vis--vis USD)
Table 2: Banknotes and coin in circulation Based on CT 4. Total value Value per inhabitant Value as a percentage of GDP Value as a percentage of narrow money Banknotes and coin (including banknotes and coin held at banks) [CT 4], converted to USD using the end-of-year exchange rate [CT 1]. Total value in USD [Table 2] divided by population [CT 1]. Total value [CT 4] divided by GDP [CT 1]. Total value [CT 4] divided by narrow money [CT 2].
547
Table 3: Transferable deposits held by banks Based on CT 3. Transferable balances held at the central bank Total value Value as a percentage of GDP Value of transferable balances held at the central bank [CT 3], converted to USD using the end-of-year exchange rate [CT 1]. Value of transferable balances held at the central bank [CT 3], divided by GDP [CT 1].
Transferable balances held at other banks Total value Value as a percentage of GDP Value of transferable balances held at other banks [CT 3], converted to USD using the end-of-year exchange rate [CT 1]. Value of transferable balances held at other banks [CT 3], divided by GDP [CT 1].
Table 4: Institutions offering payment services to non-banks Based on CT 5. Number of institutions Total number Number per 1 million inhabitants Total number of institutions offering payment services to non-banks [CT 5]. Total number of institutions [CT 5] divided by population [CT 1].
Number of branches or offices Total number Number per 1 million inhabitants Total number of branches or offices [CT 5]. Total number of branches or offices [CT 5] divided by population [CT 1].
Table 5: Transferable deposits held by non-banks Based on CT 5. Total number of accounts Number of accounts per inhabitant Total value of accounts Value per inhabitant Value as a percentage of GDP Total number of accounts [CT 5]. Number of accounts [CT 5] divided by population [CT 1]. Total value of accounts [CT 5], converted to USD using the end-of-year exchange rate [CT 1]. Total value of accounts in USD [Table 5] divided by population [CT1]. Total value of accounts [CT 5] divided by GDP [CT 1].
548
Retail payment instruments
Table 6: Payment transactions by non-banks: total number of transactions Based on CT 7. Total number of transactions Increase in the number of transactions Number per inhabitant Number per deposit account held by non-banks Total number of transactions with payment instruments [CT 7]. This is equal to the sum of the sub-items of Table 7. Difference between total number of transactions with payment instruments [CT 7] in the current and previous year, divided by that number for the previous year, in per cent. Total number of transactions with payment instruments [CT 7] divided by population [CT 1]. This is equal to the sum of the sub-items of Table 7c. Total number of transactions with payment instruments [CT 7] divided by transferable deposits [CT 2].
Table 7: Use of payment instruments by non-banks: number of transactions per payment instrument Tables 7 and 7ac are based on CT 7. The objective of these tables is to compare the volume of cashless payment instruments used in the countries concerned. Credit transfers Direct debits Cheques E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function by cards with a credit function Credit transfers [CT 7]. Direct debits [CT 7]. Cheques [CT 7]. E-money payment transactions [CT 7]. Card payments with cards issued in the country [CT 7]. Payments by card with a debit function [CT 7]. Payments by card with a delayed debit function [CT 7]. Payments by card with a credit function [CT 7].
Table 7a: Use of payment instruments by non-banks: relative importance of payment instruments, in number of transactions This table is based on CT 7 or on Table 7, in that it takes the figures concerning the use of payment instruments, in volume terms, and expresses them as a percentage of the total volume of payment instruments used by non-banks. Credit transfers Direct debits Cheques E-money payment transactions Card payments Credit transfers [CT 7] expressed as a percentage of total number of transactions with payment instruments [CT 7]. Idem for direct debits [CT 7]. Idem for cheques [CT 7]. Idem for e-money payment transactions [CT 7]. Idem for card payments with cards issued in the country [CT 7].
549
by cards with a debit function by cards with a delayed debit function by cards with a credit function
Idem for payments by card with a debit function [CT 7]. Idem for payments by card with a delayed debit function [CT 7]. Idem for payments by card with a credit function [CT 7].
Table 7b: Use of payment instruments by non-banks: increase in the number of transactions This table is based on CT 7 or on Table 7, in that it takes the figures concerning the use of payment instruments, in volume terms, and calculates the year-on-year growth rate. Credit transfers Direct debits Cheques E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function . by cards with a credit function Difference between the volume of credit transfers [CT 7] in the current and previous year, divided by that number for the previous year, in per cent. Idem for direct debits [CT 7]. Idem for cheques [CT 7]. Idem for e-money payment transactions [CT 7]. Idem for card payments with cards issued in the country [CT 7]. Idem for payments by card with a debit function [CT 7]. Idem for payments by card with a delayed debit function [CT 7]. Idem for payments by card with a credit function [CT 7].
Table 7c: Use of payment instruments by non-banks: number of transactions per inhabitant This table is based on CT 7 or on Table 7, in that it takes the figures concerning the use of payment instruments, in volume terms, and expresses them as the number of transactions per inhabitant. Credit transfers Direct debits Cheques E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function by cards with a credit function Credit transfers [CT 7] divided by population [CT 1]. Idem for direct debits [CT 7]. Idem for cheques [CT 7]. Idem for e-money payment transactions [CT 7]. Idem for card payments with cards issued in the country [CT 7]. Idem for payments by card with a debit function [CT 7]. Idem for payments by card with a delayed debit function [CT 7]. Idem for payments by card with a credit function [CT 7].
550
Table 8: Payment transactions by non-banks: total value of transactions Based on CT 8. Total value of transactions Increase in the real value of transactions Total value of transactions with payment instruments [CT 8], converted to USD using the average exchange rate [CT 1]. This is equal to the sum of the sub-items of Table 9. Difference between total value of transactions with payment instruments [CT 8] in the current and previous year, divided by that number for the previous year, deflated by CPI inflation in the current year [CT 1], in per cent. Total value of transactions with payment instruments in USD [Table 8] divided by total number of transactions with payment instruments [CT 7]. Total value of transactions with payment instruments in USD [Table 8] divided by population [CT 1]. Total value of transactions [CT 8] divided by GDP [CT 1]. Total value of transactions [CT 8] divided by total value of deposit accounts [CT 5].
Average value per transaction Average value per inhabitant Value as a ratio to GDP Value as a ratio to deposits held by non-banks
Table 9: Use of payment instruments by non-banks: value of transactions per payment instrument Tables 9 and 9ae are based on CT 8. The objective of these tables is to compare the value of cashless payment instruments used in the countries concerned. These tables are based on the same general methodological guidance as Tables 7 and 7ac. Credit transfers Direct debits Cheques E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function by cards with a credit function Credit transfers [CT 8], converted to USD using the average exchange rate [CT 1]. Direct debits [CT 8]. Cheques [CT 8]. E-money payment transactions [CT 8]. Card payments with cards issued in the country [CT 8]. Payments by card with a debit function [CT 8]. Payments by card with a delayed debit function [CT 8]. Payments by card with a credit function [CT 8].
Table 9a: Use of payment instruments by non-banks: relative importance of payment instruments, in value of transactions This table is based on CT 8 or on Table 9, in that it takes the figures concerning the use of payment instruments, in value terms, and expresses them as a percentage of the total value of payment instruments used by non-banks. Credit transfers Direct debits Cheques Value of credit transfers [CT 8] expressed as a percentage of total value of transactions with payment instruments [CT 8]. Idem for direct debits [CT 8]. Idem for cheques [CT 8].
551
E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function by cards with a credit function
Idem for e-money payment transactions [CT 8]. Idem for card payments with cards issued in the country [CT 8]. Idem for payments by card with a debit function [CT 8]. Idem for payments by card with a delayed debit function [CT 8]. Idem for payments by card with a credit function [CT 8].
Table 9b: Use of payment instruments by non-banks: increase in the real value of transactions This table is based on CT 8 or on Table 9, in that it takes the figures concerning the use of payment instruments, in value terms and in domestic currency, and calculates the year-on-year growth rate, deflated by CPI inflation. Credit transfers Difference between the value of credit transfers [CT 8] in the current and previous year, divided by that number for the previous year, deflated by CPI inflation in the current year [CT 1], in per cent. Idem for direct debits [CT 8]. Idem for cheques [CT 8]. Idem for e-money payment transactions [CT 8]. Idem for card payments with cards issued in the country [CT 8]. Idem for payments by card with a debit function [CT 8]. Idem for payments by card with a delayed debit function [CT 8]. Idem for payments by card with a credit function [CT 8].
Direct debits Cheques E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function by cards with a credit function
Table 9c: Use of payment instruments by non-banks: average value per transaction This table is based on CTs 7 and 8 or on Tables 7 and 9, in that it takes the figures concerning the use of payment instruments, in value terms, and divides them by the volume of this use. Credit transfers Direct debits Cheques E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function by cards with a credit function Value of credit transfers [CT 8], converted to USD using the average exchange rate [CT 1], divided by the volume of credit transfers [CT 7]. Idem for direct debits [CT 8]. Idem for cheques [CT 8]. Idem for e-money payment transactions [CT 8]. Idem for card payments with cards issued in the country [CT 8]. Idem for payments by card with a debit function [CT 8]. Idem for payments by card with a delayed debit function [CT 8]. Idem for payments by card with a credit function [CT 8].
552
Table 9d: Use of payment instruments by non-banks: value of transactions per inhabitant This table is based on CT 8 or on Table 9, in that it takes the figures concerning the use of payment instruments, in value terms, and expresses them as a value of transactions per inhabitant. Credit transfers Direct debits Cheques E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function by cards with a credit function Value of credit transfers [CT 8], converted to USD using the average exchange rate [CT 1], divided by population [CT 1]. Idem for direct debits [CT 8]. Idem for cheques [CT 8]. Idem for e-money payment transactions [CT 8]. Idem for card payments with cards issued in the country [CT 8]. Idem for payments by card with a debit function [CT 8]. Idem for payments by card with a delayed debit function [CT 8]. Idem for payments by card with a credit function [CT 8].
Table 9e: Use of payment instruments by non-banks: value of transactions as a ratio to GDP This table is based on CT 8 or on Table 9, in that it takes the figures concerning the use of payment instruments, in value terms, and expresses them as a percentage of GDP. Credit transfers Direct debits Cheques E-money payment transactions Card payments by cards with a debit function by cards with a delayed debit function by cards with a credit function Value of credit transfers [CT 8] divided by GDP [CT 1]. Idem for direct debits [CT 8]. Idem for cheques [CT 8]. Idem for e-money payment transactions [CT 8]. Idem for card payments with cards issued in the country [CT 8]. Idem for payments by card with a debit function [CT 8]. Idem for payments by card with a delayed debit function [CT 8]. Idem for payments by card with a credit function [CT 8].
553
Cards and terminals
Table 10: Cards issued in the country: number of cards Based on CT 6. Cards with a cash function Cards with an e-money function which have been loaded at least once Cards with a payment function debit function delayed debit function Cards with a cash function [CT 6]. Cards with an e-money function which have been loaded at least once [CT 6].
Sum of cards with a debit function, cards with a delayed debit function and cards with a credit function [CT 6]. Cards with a debit function [CT 6]. Cards with a delayed debit function [CT 6]. If no distinction is possible between cards with a credit and/or debit function and those with a delayed debit function, they are presented under this item. Cards with a credit function [CT 6].
credit function
Table 10a: Cards issued in the country: increase in the number of cards This table is based on CT 6, in that it takes the figures concerning the number of cards and calculates the year-on-year growth rate. Cards with a cash function Cards with an e-money function which have been loaded at least once Cards with a payment function debit function delayed debit function credit function Difference between cards with a cash function [CT 6] in the current and previous year, divided by that number for the previous year, in per cent. Idem for cards with an e-money function which have been loaded at least once [CT 6].
Idem for the sum of cards with a debit function, cards with a delayed debit function and cards with a credit function [CT 6]. Idem for cards with a debit function [CT 6]. Idem for cards with a delayed debit function [CT 6]. Idem for cards with a credit function [CT 6].
Table 10b: Cards issued in the country: number of cards per inhabitant This table is based on CT 6, in that it takes the number of cards and divides them by the countrys population. It gives an indication of the penetration of cards in the population of different countries. Cards with a cash function Cards with an e-money function which have been loaded at least once Cards with a cash function [CT 6] divided by population [CT 1]. Idem for cards with an e-money function which have been loaded at least once [CT 6].
554
Cards with a payment function debit function delayed debit function credit function
Idem for the sum of cards with a debit function, cards with a delayed debit function and cards with a credit function [CT 6]. Idem for cards with a debit function [CT 6]. Idem for cards with a delayed debit function [CT 6]. Idem for cards with a credit function [CT 6].
Table 11: Terminals located in the country: number of terminals Based on CT 6. ATMs POS terminals E-money loading/unloading terminals E-money card payment terminals ATMs [CT 6]. POS terminals [CT 6]. E-money loading/unloading terminals [CT 6].
E-money card payment terminals [CT 6].
Table 11a: Terminals located in the country: increase in the number of terminals This table is based on CT 6, in that it takes the figures concerning the number of terminals and calculates the year-on-year growth rate. ATMs POS terminals E-money loading/unloading terminals E-money card payment terminals Difference between ATMs [CT 6] in the current and previous year, divided by that number for the previous year, in per cent. Idem for POS terminals [CT 6]. Idem for e-money loading/unloading terminals [CT 6].
Idem for e-money card payment terminals [CT 6].
Table 11b: Terminals located in the country: number of terminals per million inhabitants This table is based on CT 6, in that it takes the number of terminals and divides them by the countrys population. It shows the density of terminals, expressed in terms of population, in the different countries. ATMs POS terminals E-money loading/unloading terminals E-money card payment terminals ATMs [CT 6] divided by population. Idem for POS terminals [CT 6]. Idem for e-money loading/unloading terminals [CT 6].
Idem for e-money card payment terminals [CT 6].
555
Table 12: Transactions at terminals: number of cash withdrawals and loading transactions This table is based on CT 7. It gives an indication of the number of transactions conducted at terminals located in and outside the country with cards issued in and outside the country. Cash withdrawals at ATMs located in the country with cards issued outside the country with cards issued in the country Transactions at terminals in the country by cards issued outside the country: ATM cash withdrawals [CT 7]. Transactions at terminals in the country by cards issued in the country: ATM cash withdrawals [CT 7].
Cash withdrawals at ATMs located outside the country with cards issued in the country Transactions at terminals outside the country by cards issued in the country: ATM cash withdrawals [CT 7].
E-money loading/unloading transactions at terminals in the country with cards issued in the country Transactions at terminals in the country by cards issued in the country: e-money loading/unloading transactions [CT 7].
Table 12a: Transactions at terminals: increase in the number of cash withdrawals and loading transactions This table is based on CT 7 or on Table 12, in that it takes the figures concerning the use of cards, in volume terms, and calculates the year-on-year growth rate. Cash withdrawals at ATMs located in the country with cards issued outside the country Difference between the number of transactions at terminals in the country by cards issued outside the country: ATM cash withdrawals [CT 7] in the current and previous year, divided by that number for the previous year, in per cent. Idem for transactions at terminals in the country by cards issued in the country: ATM cash withdrawals [CT 7].
with cards issued in the country
Cash withdrawals at ATMs located outside the country with cards issued in the country Idem for transactions at terminals outside the country by cards issued in the country: ATM cash withdrawals [CT 7].
E-money loading/unloading transactions at terminals in the country with cards issued in the country Idem for transactions at terminals in the country by cards issued in the country: e-money loading/unloading transactions [CT 7].
Table 13: Transactions at terminals: value of cash withdrawals and loading transactions This table is based on CT 8 (the amounts have been converted to USD using the average exchange rate [CT 1]). It gives an indication of the value of card transactions conducted at terminals located in the country, either with cards issued in the country or with cards issued outside the country. Cash withdrawals at ATMs located in the country with cards issued outside the country with cards issued in the country Transactions at terminals in the country by cards issued outside the country: ATM cash withdrawals [CT 8]. Transactions at terminals in the country by cards issued in the country: ATM cash withdrawals [CT 8].
Cash withdrawals at ATMs located outside the country with cards issued in the country Transactions at terminals outside the country by cards issued in the country: ATM cash withdrawals [CT 8].
556
E-money loading/unloading transactions at terminals in the country with cards issued in the country Transactions at terminals in the country by cards issued in the country: e-money loading/unloading transactions [CT 8].
Table 13a: Transactions at terminals: increase in the real value of cash withdrawals and loading transactions This table is based on CT 8 or on Table 13, in that it takes the figures concerning the use of cards, in value terms, and calculates the year-on-year growth rate, deflated by CPI inflation. Cash withdrawals at ATMs located in the country with cards issued outside the country Difference between the value of transactions at terminals in the country by cards issued outside the country: ATM cash withdrawals [CT 8] in the current and previous year, divided by that number for the previous year, deflated by CPI inflation in the current year [CT 1], in per cent. Idem for transactions at terminals in the country by cards issued in the country: ATM cash withdrawals [CT 8].
Cash withdrawals at ATMs located outside the country with cards issued in the country Idem for transactions at terminals outside the country by cards issued in the country: ATM cash withdrawals [CT 8].
E-money loading/unloading transactions at terminals in the country with cards issued in the country Idem for transactions at terminals in the country by cards issued in the country: e-money loading/unloading transactions [CT 8].
Table 14: Transactions at terminals: number of payment transactions This table is based on CT 7. It gives an indication of card payments conducted at terminals located in the country, either with cards issued in the country or with cards issued outside the country. POS transactions at terminals located in the country with cards issued outside the country with cards issued in the country Transactions at terminals in the country by cards issued outside the country: POS payment transactions [CT 7]. Transactions at terminals in the country by cards issued in the country: POS payment transactions [CT 7].
POS transactions at terminals located outside the country with cards issued in the country Transactions at terminals outside the country by cards issued in the country: POS payment transactions [CT 7].
E-money payment transactions at terminals in the country with cards issued in the country E-money payment transactions by cards with an e-money function [CT 7].
Table 14a: Transactions at terminals: increase in the number of payment transactions This table is based on CT 7 or on Table 14, in that it takes the figures concerning the use of payment and e-money cards, in volume terms, and calculates the year-on-year growth rate. POS transactions at terminals located in the country with cards issued outside the country Difference between the number of transactions at terminals in the country by cards issued outside the country: POS payment transactions [CT 7] in the current and previous year, divided by that number for the previous year, in per cent.
557
Idem for transactions at terminals in the country by cards issued in the country: POS payment transactions [CT 7].
POS transactions at terminals located outside the country with cards issued in the country Idem for transactions at terminals outside the country by cards issued in the country: POS payment transactions [CT 7].
E-money payment transactions at terminals in the country with cards issued in the country Idem for transactions e-money payment transactions by cards with an e-money function [CT 7].
Table 15: Transactions at terminals: value of payment transactions This table is based on CT 8 (the amounts have been converted to USD using the average exchange rate [CT 1]). It gives an indication of the value of card payments conducted at terminals located in the country, either with cards issued in the country or with cards issued outside the country. POS transactions at terminals located in the country with cards issued outside the country with cards issued in the country Transactions at terminals in the country by cards issued outside the country: POS payment transactions [CT 8]. Transactions at terminals in the country by cards issued in the country: POS payment transactions [CT 8].
POS transactions at terminals located outside the country with cards issued in the country Transactions at terminals outside the country by cards issued in the country: POS payment transactions [CT 8].
E-money payment transactions at terminals in the country with cards issued in the country E-money payment transactions by cards with an e-money function [CT 8].
Table 15a: Transactions at terminals: increase in the real value of payment transactions This table is based on CT 8 or on Table 15, in that it takes the figures concerning the use of payment and e-money cards, in value terms, and calculates the year-on-year growth rate, deflated by CPI inflation. POS transactions at terminals located in the country with cards issued outside the country Difference between the value of transactions at terminals in the country by cards issued outside the country: POS payment transactions [CT 7] in the current and previous year, divided by that number for the previous year, deflated by CPI inflation in the current year [CT 1], in per cent. Idem for transactions at terminals in the country by cards issued in the country: POS payment transactions [CT 7].
POS transactions at terminals located outside the country with cards issued in the country Idem for transactions at terminals outside the country by cards issued in the country: POS payment transactions [CT 7].
E-money payment transactions at terminals in the country with cards issued in the country Idem for e-money payment transactions by cards with an e-money function [CT 8].
558
Table PS1: Features of selected interbank funds transfer systems Figures are new and are not presented in the CTs. The first category, System, is presented in all payment systems (PS) tables. System Type All systems presented in CT 9. Large-value payment system (L); retail payment system (R); foreign exchange settlement system (FX). If the IFTS processes large-value and retail payments, it is shown as L+R. Settlement Real-time gross settlement (RTGS). Net (N), of which multilateral netting (MN) and bilateral netting (BN). Gross (G): other gross settlement. Batch settlement (BA): settlement of batches in gross value without netting. Owner/manager Processing Central bank (CB), commercial banks (B) or a payment association (PA). Manual (M), automated clearing house (offline, via an electronic clearing system in which payment orders are exchanged among financial institutions and handled by a data processing centre; ACH) or real-time transmission (the transmission of funds transfer instructions on an individual basis at the time they are initiated; RTT). Open (any bank can apply; O) or restricted (subject to criteria; R). Centralised (one processing centre where all settlement instructions are processed; C) or decentralised (more than one processing centre; D). Costs passed on to payment system participants: full cost (F), including investments with a view to cost recovery, variable cost (V), with a view to recovering the costs of transactions, symbolic cost (S), below variable cost, or no cost (0). Latest time of the day at which transactions can be sent to the system for settlement on the same day; in local time. Real time in RTGS systems. Intraday in prefunded net systems. Intraday finality is settlement finality achieved continuously or several times throughout the settlement day. It can be provided through real-time settlement procedures and/or the settlement of the results of multiple batch processing during the settlement day. At specific times of the day (in local time) in other net and gross systems. Cufoff third-party orders Latest time of the day at which transactions can be sent by third-party or indirect participants to the system for settlement on the same day; in local time. Opening and closing expressed in local time.
Membership Degree of centralisation Pricing
Closing time for same day transactions Settlement finality
Standard money market hours
559
Table PS2: Payments processed by selected interbank funds transfer systems: number of transactions Based on CT 10. Number of transactions Increase in the number of transactions Total number of transactions per system [CT 10]. Difference between the total number of transactions per system [CT 10], for the current and previous year, divided by that number for the previous year, in per cent.
Table PS3: Payments processed by selected interbank funds transfer systems: value of transactions Based on CTs 10 and 11. Value of transactions Average value per transaction Increase in the real value of transactions Value of transactions as a percentage of GDP Total value of transactions per system [CT 11], converted to USD using the average exchange rate [CT 1]. Total value of transactions per system [CT 11], converted to USD using the average exchange rate [CT 1], divided by total number of transactions per system [CT 10]. Difference between the total value of transactions per system [CT 10] in the current and previous year, divided by that number for the previous year, deflated by CPI inflation in the current year [CT 1], in per cent. Total value of transactions per system [CT 11], divided by GDP [CT 1], in per cent.
Table PS4: Participation in selected interbank funds transfer systems Figures concerning participation in payment systems.come from CT 9 and concentration ratios from CTs 10 and 11. Total number of participants of which: direct participants Concentration ratio in terms of volume Concentration ratio in terms of value Total number of participants [CT 9]. Direct participants [CT 9]. Concentration ratio in terms of volume [CT 10], in per cent. Concentration ratio in terms of value [CT 11], in per cent.
560
Securities trading, clearing and settlement
Table TRS1: Features of selected exchanges and trading systems Figures are new and are not presented in the CTs. The first category, Exchange/system, is presented in all trading systems (TRS) tables. Exchange/system Owner/manager All exchanges and trading systems presented in CTs 1418. Central bank (CB), commercial banks (B), a stock exchange (SE) or other (O). If owner and manager differ, both are provided. If (fully or partially) owned by another exchange, the name of that exchange is provided, as well as the share of its ownership rights. Markets/products Trading Operating times Relationship with the central counterparty (CCP) Securities (SEC): bonds (B), certificates of deposit (C), government securities (G), equity (E) and/or other (O); derivatives (DER). Floor trading (FLT) or electronic trading (ELT). Opening and closing time of the exchange/system; in local time. The CCP belongs to the same entity as the exchange = internal (int); is a subsidiary of the exchange = parental (par); or is independent from the exchange (indep). The name of the CCP is provided.
Table TRS2: Trades executed on selected exchanges and trading systems: number of transactions Based on CT 17. Number of transactions Increase in the number of transactions Total number of transactions per system [CT 17]. Difference between the total number of transactions [CT 17] per system in the current and previous year, divided by that number for the previous year, in per cent.
Table TRS3: Transactions processed by selected exchanges and trading systems: value of transactions Based on CTs 17 and 18. Value of transactions Average value per transaction Increase in the real value of transactions Total value of transactions per system [CT 18], converted to USD using the average exchange rate [CT 1]. Total value of transactions per system [CT 18], converted to USD using the average exchange rate [CT 1], divided by total number of transactions per system [CT 17]. Difference between the total value of transactions per system [CT 18] in the current and the previous year, divided by the total value of transactions [CT 18] in the previous year, deflated by CPI inflation in the current year [CT 1], in per cent. Total value of transactions per system [CT 18], divided by GDP [CT 1], in per cent.
Value of transactions as a percentage of GDP
561
Table TRS4: Participation in selected exchanges and trading systems Based on CT 14. Total number of participants Number of participants in trading systems total [CT 14].
Table TRS5: Securities listed on selected exchanges and trading systems Based on CTs 15 and 16. Number of securities listed Market capitalisation Total number of securities listed [CT 15]. Total market capitalisation [CT 16], converted to USD using the end-ofyear exchange rate [CT 1].
Table CCP1: Features of selected central counterparties and clearing houses Figures are new and are not presented in the CTs. The first category, Entity, is presented in all CCP tables. Entity CCP or clearing house Owner/manager All CCPs presented in CTs 1921. The entity is a central counterparty (CCP) or a clearing house (CH). Central bank (CB), commercial banks (B), a stock exchange (SE), another CCP (CCP) or clearing house (CH) or other (O). If owner and manager differ, both are provided. If (fully or partially) owned by an exchange, a CCP or a clearing house, the name of that entity is provided, as well as the share of its ownership rights. Relationship with exchange Relationship with CSD The CCP belongs to the same entity as the exchange = internal (int); is a subsidiary of the exchange = parental (par); or is independent from the exchange (indep). The name of the CCP is provided. The CCP belongs to the same entity as the CSD = internal (int); is a subsidiary of the CSD = parental (par); or is independent from the CSD (indep). The name of the CSD is provided. Routine and/or event-driven. When event-driven, price-driven (P) or sizedriven (S). Securities (SEC), derivatives (DER) and/or repos (REP). ISO code of the cleared currencies. The securities settlement agent (CSD (the name of the CSD is provided), central bank (CB), commercial banks (B) or other (O)) settles the securities leg of the transaction. The information is given per product and per currency. The cash settlement agent (central bank (CB), commercial banks (B) or other (O)) settles the cash leg of the securities transaction. The information is given per product and per currency. Such links can be based on cross-participation or on common systems. The number of links is provided per currency area.
Intraday margining Products/markets cleared Currencies Securities settlement agent
Cash settlement agent
Links to other CCPs
562
Table CCP2: Transactions cleared by selected central counterparties and clearing houses: number of transactions Based on CT 20. Number of transactions Increase in the number of transactions Total number of transactions per CCP or clearing house [CT 20]. Difference between the total number of transactions [CT 20] per CCP or clearing house in the current and previous year, divided by that number for the previous year, in per cent.
Table CCP3: Transactions cleared by selected central counterparties and clearing houses: value of transactions Based on CTs 20 and 21. Value of transactions Average value per transaction Increase in the real value of transactions Total value of transactions per CCP or clearing house [CT 21], converted to USD using the average exchange rate [CT 1]. Total value of transactions per CCP or clearing house [CT 21], converted to USD using the average exchange rate [CT 1], divided by total number of transactions per system [CT 20]. Difference between the total value of transactions per system [CT 21] in the current and the previous year, divided by the total value of transactions [CT 21] in the previous year, deflated by CPI inflation in the current year [CT 1], in per cent. Total value of transactions CCP or clearing house [CT 21], divided by GDP [CT 1], in per cent.
Table CCP4: Participation in selected central counterparties and clearing houses Based on CT 19. Total number of participants Number of participants in CCPs and clearing houses total [CT 19].
Table CSD1: Features of selected central securities depositories Figures are new and are not presented in the CTs. The first category, CSD, is presented in all central securities depositories (CSDs) tables. CSD Type of securities held All CSDs presented in CTs 2226. Domestic securities (DOM) and/or international securities (INT). Bonds (B), certificates of deposit (C), government securities (G), equity (E) and/or other (O). Central bank (CB), commercial banks (B), the stock exchange (SE) or other (O). Name of the settlement system(s). If more than one system is in operation during the reporting period for the statistical tables, information and data can be sent separately for each settlement system. Latest time of the day at which transactions can be sent to the system for settlement on the same day; in local time. Such links can be direct (based on cross-participation), or indirect (through local agents). They can allow FoP or DVP settlement. The number of links and their category is provided per currency area.
Owner/manager Securities settlement system Closing time for same day transactions Links to other CSDs
563
Delivery lag (T+n) Intraday finality
Time lag between entering into a trade/bargain and its discharge by the final exchange of a financial asset for payment. Settlement finality achieved continuously or several times throughout the settlement day. Intraday finality can be provided through real-time settlement procedures and/or the settlement of the results of multiple batch processing during the settlement day (yes if the system offers intraday finality; no otherwise). A link between a securities transfer system and a funds transfer system that ensures that delivery occurs if, and only if, payment occurs. In DVP model 1, transfer instructions for both securities and funds are settled on a trade-by-trade basis, with final transfer of securities from the seller to the buyer (delivery) occurring at the same time as final transfer of the funds from the buyer to the seller (payment). In DVP model 2, securities transfer instructions are settled on a gross basis, with final transfer of securities from the seller to the buyer (delivery) occurring throughout the processing cycle, but funds transfer instructions are settled on a net basis, with final transfer of the funds from the buyer to the seller (payment) occurring at the end of the processing cycle. In DVP model 3, transfer instructions for both securities and funds are settled on a net basis, with final transfer of both securities and funds occurring at the end of the processing cycle.
DVP (delivery versus payment) mechanism
Currencies
For domestic CSDs, ISO code of the currencies in which settlement can be done; for international CSDs, number of currencies in which settlement can be done. The cash settlement agent (central bank (CB), commercial banks (B), stock exchange (SE) or other (the name of the cash settlement agent is provided)) settles the cash leg of the securities transactions. The information is provided per currency, when relevant.
Cash settlement agent
Table CSD2: Transactions processed by selected central securities depositories: number of transactions Based on CT 25. Number of transactions Increase in the number of transactions Total number of transactions per CSD [CT 25]. Difference between the total number of transactions [CT 25] per CSD in the current and previous year, divided by that number for the previous year, in per cent.
Table CSD3: Transactions processed by selected central securities depositories: value of transactions Based on CTs 25 and 26. Value of transactions Average value per transaction Increase in the real value of transactions Total value of transactions per CSD [CT 26], converted to USD using the average exchange rate [CT 1]. Total value of transactions per CSD [CT 26], converted to USD using the average exchange rate [CT 1], divided by total number of transactions per CSD [CT 25]. Difference between the total value of transactions per CSD [CT 26] in the current and the previous year, divided by the total value of transactions [CT 26] in the previous year, deflated by CPI inflation in the current year [CT 1], in per cent.
564
Total value of transactions per CSD [CT 126], divided by GDP [CT 1], in per cent.
Table CSD4: Participation in selected central securities depositories Based on CT 22. Total number of participants Number of participants in CSDs total [CT 22].
Table CSD5: Securities held on account at selected central securities depositories Based on CTs 23 and 24. Number of securities held Value of securities held Total number of securities held [CT 23]. Total value of securities held [CT 24], converted to USD using the average exchange rate [CT 1].
565
Official
Central bank officials involved in the preparation of this edition of the statistical update
Reserve Bank of Australia National Bank of Belgium
Darren Flood Jane Yates Gilles Bouvier Claudine Gouyette Patrick Ottoy Luciano Andrade Frois Crystal Pun Song Pan Lu Han Javier Huerga Ruth Magono Tiberiu Bodnarescu Mikls Luspay Colm Bates Antonio Moreno Eric Michaux Chantal Gud Christin Knauft Franco Wieser Susanne Jopke Sabine Noack Osbert K Y Lam Vincent W S Lam Nilima Ramteke Sasanka Sekhar Maiti Luca Arciero Paolemilio Feleppa Stefania Matteucci Nobuyuki Oda Takaaki Kurebayashi Fusako Watanabe Boram Kim Jae hoon Cha Luis Lima Gmez Jorge Gonzlez Palacios Alberto Mendoza Hernandez Luis de los Santos Cayetano Ronald Heijmans Judith Looman Odette Min-Verlee Pieter Stam Gwan Tjia Mustapha Setta Elena Pak
Central Bank of Brazil Bank of Canada The Peoples Bank of China European Central Bank
Bank of France Deutsche Bundesbank
Hong Kong Monetary Authority Reserve Bank of India Bank of Italy
Bank of Japan
Bank of Korea Bank of Mexico
Netherlands Bank
Bank of Russia
567
Official
Saudi Arabian Monetary Agency
Ali Alhomidan Abdullah Humaid Abdulmohsen Almutairi Poh Kim Huat Jeryl Tang Wei Bashnee Rahman Erika Svensson Anders Bjllskog David Maurer Robert Oleschak Muhammed Onal Ekin Toksoz Gur Esin Ulusoy David Norcross Julie Rees Katharine Hamilton David Mills Tomohiro Usui Tracy Chan Christian Dembiermont Hubert Bunner
Monetary Authority of Singapore South African Reserve Bank Sveriges Riksbank Swiss National Bank Central Bank of the Republic of Turkey
Bank of England Board of Governors of the Federal Reserve System Bank for International Settlements
568
Publications
Other BIS publications relating to payment and settlement systems
Report on netting schemes, February 1989. Report of the Committee on Interbank Netting Schemes, November 1990. Delivery versus payment in securities settlement systems, September 1992. Central bank payment and settlement services with respect to cross-border and multi-currency transactions, September 1993. Cross-border securities settlements, March 1995. Settlement risk in foreign exchange transactions, March 1996. Security of electronic money, August 1996. Implications for central banks of the development of electronic money, October 1996. Disclosure framework for securities settlement systems, February 1997 (published jointly with IOSCO). Real-time gross settlement systems, March 1997. Clearing arrangements for exchange-traded derivatives, March 1997. Managing change in payment systems, May 1998. Reducing foreign exchange settlement risk: a progress report, July 1998. Report on OTC derivatives: settlement procedures and counterparty risk management, September 1998. Securities lending transactions: market development and implications, July 1999. Retail payments in selected countries: a comparative study, September 1999. Current topics in payment and settlement systems, December 1999. Survey of electronic money developments, May 2000. Clearing and settlement arrangements for retail payments in selected countries, September 2000. The contribution of payment systems to financial stability, September 2000. Core principles for systemically important payment systems, January 2001. Recommendations for securities settlement systems, November 2001 (published jointly with IOSCO). Survey of electronic money developments, November 2001. Assessment methodology for Recommendations for securities settlement systems, November 2002 (published jointly with IOSCO). Policy issues for central banks in retail payments, March 2003. A glossary of terms used in payments and settlement systems (revised version), March 2003. Payment and settlement systems in selected countries, April 2003. The role of central bank money in payment systems, August 2003. Survey of developments in electronic money and internet and mobile payments, March 2004. Recommendations for Central Counterparties, November 2004 (published jointly with IOSCO). New developments in large-value payment systems, May 2005. Central bank oversight of payment and settlement systems, May 2005. Cross-border collateral arrangements, January 2006. General guidance for payment system development, January 2006. General principles for international remittance services, January 2007 (published jointly with the World Bank). New developments in clearing and settlement arrangements for OTC derivatives, March 2007. Progress in reducing foreign exchange settlement risk, May 2008. The interdependencies of payment and settlement systems, June 2008. Strengthening repo clearing and settlement arrangements, September 2010.
569
Publications
Market structure developments in the clearing industry: implications for financial stability, November 2010. Payment, clearing and settlement systems in the CPSS countries - Volume 1, September 2011. Report on OTC derivatives data reporting and aggregation requirements, January 2012 (published jointly with IOSCO). Principles for financial market infrastructures, April 2012 (published jointly with IOSCO). Assessment methodology for the principles for FMIs and the responsibilities of authorities consultative report, April 2012 (published jointly with IOSCO). Disclosure framework for financial market infrastructures - consultative report, April 2012 (published jointly with IOSCO). Innovations in retail payments, May 2012. Recovery and resolution of financial market infrastructures - consultative report, July 2012 (published jointly with IOSCO).
570

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Committee on Payment and Settlement Systems

Statistics on payment, clearing and settlement systems in the CPSS countries

ISBN 92-9197-154-5 (online)

CPSS Red Book statistical update

September 2012 (provisional)

CPSS Red Book statistical update

September 2012 (provisional)

CPSS Red Book statistical update

September 2012 (provisional)

CPSS Red Book statistical update

September 2012 (provisional)

Basic statistical data

Settlement media used by non-banks

CPSS Red Book statistical update

September 2012 (provisional)

Settlement media used by banks

Banknotes and coin

CPSS Red Book statistical update

September 2012 (provisional)

Institutions offering payment services to non-banks

55 5,264 nav 1,153.69

58 5,398 nav 1,319.77

57 5,504 nav 1,397.44

55 5,540 nav 1,480.66

56 5,571 nav 1,594.66

145 1,226 nav 55.28 12 327 17.88 133 899 37.40

128 1,172 nav 59.21 11 300 19.29 117 872 39.92

119 1,159 nav 64.22 11 301 20.43 108 858 43.80

113 1,159 nav 61.46 10 305 17.50 103 854 43.96

204 6,626 nav 1,390.83

186 6,678 nav 1,477.12

175 6,701 nav 1,558.33

170 6,732 nav 1,677.47

CPSS Red Book statistical update

September 2012 (provisional)

Payment card functions and accepting devices

2008 54,818 35,338 19,480 nap

2009 58,224 37,934 20,290 nap

2010 62,895 41,355 21,539 nap

2011 58,402 37,247 21,155 nap

51,227 32,348 18,878 nap

26,067 26,067 nav 628,819 628,819 nap

27,081 27,081 nav 669,600 669,600 nap

27,067 27,067 nav 697,803 697,803 nap

30,092 30,092 nav 707,303 707,303 nap

30,841 30,841 nav 751,097 751,097 nap

Includes cards with a delayed debit function.

CPSS Red Book statistical update

September 2012 (provisional)

1,028.5 770.4 nav 2,673.7 nap nap

1,113.5 869.5 nav 2,796.9 nap nap

1,158.8 862.7 nav 3,121.9 nap nap

1,161.9 851.3 nav 3,435.9 nap nap

1,150.7 844.0 nav 3,731.3 nap nap

Excludes BPAY. terminals.

Includes payments by cards with a delayed debit function.

Includes cash-outs at point-of-sale

CPSS Red Book statistical update

September 2012 (provisional)

163.5 138.3 nav 255.8 nap nap

178.5 153.7 nav 264.0 nap nap

183.5 156.2 nav 282.0 nap nap