Samsung Card to set up AMC

The top Korean credit card monoline is looking at potentially forming a JV with a foreign firm to work out NPLs.
July 22, 2003

Following its successful W800 billion ($680.7 million) going public bond and W1 trillion recapitalization, Samsung Card has told FinanceAsia it is actively looking to now work out its NPLs in joint venture, potentially with a foreign partner.

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