Banka Popullore is MoneyGram’s fourth agent in Albania. Founded in 2004 and acquired by Societe Generale Group in 2007, Banka Popullore is expanding its services to meet the needs of growing customer base.

John Hempsey, executive vice president for Europe, the Middle East, Africa, and Asia Pacific at MoneyGram, said: “Remittances are an important part of the economy in Albania and adding our reliable global money transfer service at all Banka Popullore locations will provide more choices for Albanians working abroad to send money to their families back home. Our alliance with Banka Popullore will expand our reach in Albania and make MoneyGram’ service more convenient for customers in this growing money transfer market.”

Hubert De Saint Jean, general manager of Banka Popullore Socite Generale Group, said: “We’re expanding our services to provide global money transfer services for all communities in Albania. Since 2004, nearly 130,000 customers have relied on our banking services to meet their financial needs. MoneyGram’s services will support our current customers and help us grow and attract more Albanians to our services.”

Massimo Canovi, senior regional director for Italy, Greece, Cyprus and the Balkans at MoneyGram, said: “We’re excited to add Banka Popullore to our growing list of more than 190,000 agent locations in 190 countries and territories. The bank’s focus on growth and providing excellent customer service is a fit with MoneyGram’s global growth plans.”