Press Releases

BIG Bank Gdanski Expands with Euronet ATM Outsourcing Program

November 9, 2001 at 12:00 AM EST
BIG Bank Gdanski Expands with Euronet ATM Outsourcing Program WARSAW, POLAND AND LEAWOOD, KANSAS, USA – November 9, 2001 - Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading provider of secure electronic financial transaction solutions, today announced an agreement for an expanded ATM outsourcing program with BIG Bank Gdanski S.A. (BBG), one of the largest banks in Poland.

Euronet Worldwide has had an ATM outsourcing agreement with BIG Bank S.A.’s Millennium retail division for more than two years, servicing 218 ATMs. The Millennium retail division is the most modern national retail network in Poland. With the recent merger of BIG Bank S.A. and BIG Bank Gdanski, the new BBG serves more than 927,000 customers across 348 branches. Under the new multiyear agreement, Euronet will manage a combined network of more than 400 ATMs.

“Around 50% of our customers’ transactions are performed through alternative/automatic distribution channels. ATMs play a key role as an alternative touchpoint for our customers, and Euronet has proved to be a valued partner with excellent service and reliability,” said Pedro Ribeiro, BIG Bank Gdanski Vice-President of the Board. “By outsourcing our ATM network to Euronet, we can focus on our core business of banking, enhance customer convenience and benefit from an expanded transaction set and quick-to-market solutions.

“Thanks to Euronet, in December 2000, our bank was recognized in a Polish survey published by Rzeczpospolita as providing the best performing electronic system for transaction authorization and as the most accessible for bankcard acceptance. On that same survey, we were also recognized as one of the best and most available ATM Networks, offering one of the most expanded transaction sets.”

BBG also extended its customer reach by leveraging Euronet-owned ATMs for customers throughout Poland. Euronet’s ATM network consists of 669 ATMs in Poland and 2,400 ATMs across nine countries in Europe. Additional software and/or network clients in Poland include banks, such as Bank Slaski S.A., MultiBank, Citibank, Fortis, Deutsche Bank 24, Inteligo, LG Petro Bank S.A., and three mobile phone operators—ERA, Centertel and PLUS GSM.

“Euronet welcomes the opportunity of outsourcing a project of this scale,” said Dan Henry, Euronet Worldwide President and COO. “BIG Bank Gdanski and Millennium have historically been the frontrunners in Poland, providing comprehensive retailing banking solutions for their customers, and this agreement shows their continued commitment to customer convenience. We look forward to growing with BBG in the Polish market.”

About Euronet Worldwide

Euronet Worldwide is an industry leader in providing secure electronic financial transaction solutions. The company offers financial payment middleware, financial network gateways, outsourcing and consulting services to financial institutions and mobile operators. These solutions enable their customers to access personal financial information and perform secure financial transactions -- any time, any place. The company has processing centers located in the United States, Europe and Asia, and owns and operates the largest independent ATM network in Europe. With corporate headquarters in Leawood, Kansas, USA, and European headquarters in Budapest, Hungary, Euronet serves more than 200 clients in 60 countries. Visit our web site at

About BIG Bank Gdanski S.A.

BIG Bank Gdanski S.A., through its retail network, offers a wide range of commercial banking services including short and medium term loans, discount loans and overdraft facilities, investment banking and brokerage services. Other activities include provision of insurance and pension fund services, issuing and servicing credit cards. The Bank has 927,000 customers and 348 branches.


Media Contact:
Misti Garffie
Euronet Worldwide