Wednesday 28 April 2010

MoneyGram International Adds Croatia to its Global Money Transfer Network

MINNEAPOLIS, Apr 28, 2010 (BUSINESS WIRE) -- MoneyGram International /quotes/comstock/13*!mgi/quotes/nls/mgi (MGI 3.30, -0.05, -1.46%) , a leading global money transfer company, announced its return to Croatia today as Volksbank added MoneyGram's services to 28 countrywide locations. MoneyGram's return to Croatia follows MoneyGram's alliance with Volksbank in Serbia in 2008 and the opening of 33 MoneyGram-owned retail locations in Germany since 2006.

"MoneyGram is pleased to be back in Croatia with Volksbank, providing the country's 4.5 million people a new choice and a better value for money transfer services," said Massimo Canovi, MoneyGram International's senior regional director for Southern Europe and the Balkans. "Volksbank is a leading financial institution across Southeastern Europe and has been a valued MoneyGram agent in Serbia since 2008. The Volksbank locations are available today to assist Croatians with their money transfer needs." Read more

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