MBNA buys Premium Credit
Credit card giant MBNA has acquired premium finance provider Premium Credit for £180m from HSBC Hold...
Credit card giant MBNA has acquired premium finance provider Premium Credit for £180m from HSBC Holdings and London-based private equity firm Electra Partners Europe.
A spokesperson for Premium Credit said the purchase would not affect brokers or other customers and would have little immediate effect on the company, although it is likely to be rebranded in future.
"It will be business as usual for the directors and staff at our Epsom base," he said, adding that there were no plans to make
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