At the regular General Meeting of Bankart held at the end of last week in Austria Trend Hotel in Ljubljana, the members, among other, acknowledged the Annual Report for 2010 and the Report of the Supervisory Board, approved the business and development and financial plans for 2011, appointed the certified auditor of the financial statements of the company for 2011, and granted discharge to the Director and members of the Supervisory Board.

After the establishment of the SEPA infrastructure for small payments, effectively used for the payment systems for SEPA internal and cross-border credit transfers, Bankart, in cooperation with banks, also successfully established a SEPA-compliant system for the processing of SEPA payments – SEPA direct debits.

An interbank centre for the exchange of e-invoices, where Bankart acts as a central processor, began to operate in the beginning of the previous month. With the establishment of the E-Invoice System, Bankart expanded its operations to the area of electronic invoice exchange.

The company successfully established and introduced safe on-line buying support from the point of view of card issuers, ensuring banks support to safe processing of on-line transactions performed by their clients. By accomplishing this solution, Bankart completed its support in the field of safe on-line buying, as support to traders and safe on-line buying from the point of view of accepting card products via the Internet has already been introduced in the production environment some time ago.

The development of a new ATM service that will enable the holders of cards to transfer funds between accounts is in the final stage.

In information technology, the projects focus on the provision of technical conditions for maintaining a high level of quality and reliability of the company’s operations. Bankart has successfully completed the project of harmonising the operations with the Payment Card Industry Data Security Standard (PCI DSS), which is one of the most demanding projects that Bankart has carried out so far. With the introduction of this standard and acquisition of certificates in all business lines – cards, ATMs and POS operations – Bankart raised the provision of data security in card operations to an even higher level.

In its Annual Report for the previous year, Bankart disclosed good performance. Generated profit facilitates adequate growth and development of the company.