Euronet Expands Baltic ATM Network Through Swedbank Partnership

Euronet Worldwide, Inc. (EEFT) inked a deal with Swedbank to take over the bank’s ATM assets and deliver ATM outsourcing services across the three Baltic countries, Lithuania, Estonia and Latvia. The Swedbank ATM network comprises 1,141 machines, of which 373 are in Estonia, 362 in Latvia and 406 in Lithuania, offering both cash withdrawal and cash deposit/recycling services.As part of the agreement, Euronet will acquire in-branch and off-branch ATM operations of the bank in the three Baltic nations. The tr ...