Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

http://www.businessweek.com/ap/2012-08-29/moneygram-renews-deal-with-vietnams-vietcombank

AP News

MoneyGram renews deal with Vietnam's Vietcombank


DALLAS (AP) — MoneyGram International Inc. said Wednesday that it renewed its contract with Vietnam's Vietcombank.

Financial terms were not disclosed.

The renewal includes an expanded money transfer service allowing customers in Vietnam to send and receive money transfers at nearly 400 Vietcombank offices. Previously, customers could only receive funds.

An estimated 2.2 million Vietnamese citizens are studying, traveling and working abroad, boosting demand for these kinds of services, MoneyGram said.

MoneyGram has partnered with Vietcombank for 18 years.

MoneyGram shares rose 16 cents to $16.48 in afternoon trading.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus