The diffusion of financial innovation in Turkey: the case of ATM

Güner, Mine Şule
This study investigates the indicators of the number of ATMs (automated teller machines) in the provinces of Turkey by examining two banks: T.C. Ziraat Bankası and T. İş Bankası. The study depends on annual panel data from 1990 to 2004 for seventy-three provinces of Turkey. The information about the number of ATMs of the two banks is gathered after a study in the archives of the banks. In this study it is concluded that the number of ATMs of T. İş Bankası and T. C. Ziraat Bankası in the previous year and the total number of branches of the banks in Turkey are the indicators of ATM adoption for both of the banks concerned. However, population has a negative sign for T. C. Ziraat Bankası which is a state bank whereas it has a positive sign for T. İş Bankası which is a quasi-private bank. The findings also indicate that the ATM number of T. İş Bankası is more sensitive to the number of total bank branches.


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Citation Formats
M. Ş. Güner, “The diffusion of financial innovation in Turkey: the case of ATM,” M.S. - Master of Science, Middle East Technical University, 2005.