The main advantage of an ATM network is that it obviates the need for having bank-specific multiple ATM installations in the same geographical area, thereby reducing the entailed costs for the banks but without compromising on the reach of the banks to their customers.
In this way CARTAC’s contribution would be all the more durable. Moreover, we should utilize as far as possible the avenues for greater collaboration with others. In this regard, I would like to see greater collaboration between CARTAC and other like-minded regional institutions such as the University of the West Indies, CEMLA and the CCMF.