Buyouts in Korea

MBK to streamline Lotte Card as fees drop across Korea

As regulators crack down on fees, the private equity firm plans to focus the Korean credit card business company on its more profitable products.
May 27, 2019

North Asian private equity firm MBK Partners plans to streamline its newly acquired credit card business in South Korea to bolster profitability against a tougher industry backdrop, say industry sources.  

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media