Cardtronics selected to manage Triodos Bank’s ATM network in Spain

By Edil Corneille

Houston-based Cardtronics, an ATM owner/ operator company announced that it has taken over the management of Triodos Bank’s ATM network to provide the bank with a cost-effective way to maintain cash access for its customers. Based in Zeist, Triodos Bank is an independent European bank founded in 1980, a reference in ethical and sustainable banking. Its banking business model is based on transparency and combines financial profitability with social and environmental profitability.

“Access to cash remains vital for so many Spanish citizens,” Marc Terry, International Managing Director for Cardtronics enunciated. “This agreement with Triodos Bank will mean its customers will benefit from easier access to cash through our network of ATM machines across the country. The bank has trusted us with the outsourced management of its Spanish estate, leaving it free to focus on those activities that add real value for their customer base.”

The outsourcing agreement between Triodos Bank and Cardtronics, which came into effect this month, sees the bank hand over responsibility for the maintenance and management of its ATM estate to Cardtronics. Customers of the bank will benefit from the enhanced service availability derived from the relationship with the global ATM operating company. Triodos customers will also benefit from access to the Cardtronics network of over 1,000 ATMs across the country.

Mikel García-Prieto, Triodos Bank Managing Director apprised, “We chose Cardtronics because of its global expertise and strength in Spain. Access to cash is very important for our customers and us. Through this partnership, we can be sure that our ATMs are being managed in the best possible way, and our customers are getting access to their money at over 1,000 more ATMs.”

Triodos Bank operates in the Netherlands, Belgium, the United Kingdom, Germany, and Spain under the supervision of De Nederlandsche Bank (DNB) and the Dutch Authority for the Financial Markets (AFM). In Spain, the Bank of Spain supervises Triodos Bank in terms of general interest, liquidity, transparency, and customer protection for banking services. Triodos Bank also operates in more than 40 countries in Africa, Asia, Latin America, and Eastern Europe through its investment funds and microcredit.