| December |
|
Euronet signs contracts with local American Express
and Diners Club franchises in Croatia and begins installing
ATMs.
Raiffeisenbank Austria becomes Euronet's first bank
customer in Croatia, and purchases Euronet's Blue Diamond
card issuance
program. RBA begins issuing its first proprietary cards
in May 1998.
Euronet opens a sales office in Romania. |
| October |
|
500th ATM owned or managed by Euronet becomes operational.
|
| September |
|
Recognizing Euronet's growing expertise in ATM management,
Budapest Bank in Hungary outsources operation of 45 ATMs
to Euronet.
|
| May |
|
Euronet enters German ATM market in conjunction with
Service Bank, and begins installing ATMs in off-branch
locations under the Service Bank name.
|
| March |
|
Euronet completes an initial public offering and lists
its shares on Nasdaq, (symbol: EEFT) raising $48 million
in net proceeds for the company. Euronet uses the new
capital to expand its ATM network and infrastructure
and pursue strategic acquisitions.
|