| December |
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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.
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| October |
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500th ATM owned or managed by Euronet becomes operational.
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| September |
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Recognizing Euronet's growing expertise in ATM management, Budapest Bank in Hungary outsources operation of 45 ATMs to Euronet.
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| May |
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Euronet enters German ATM market in conjunction with Service Bank, and begins installing ATMs in off-branch locations under the Service Bank name.
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| March |
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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.
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