UBS Warburg Appointed as Advisor for its Credit Card Business Review(Mar. 17, 2003)
2003-03-18On March 17, 2003, Kookmin Bank announced that it had appointed UBS Warburg as the advisor for thorough review of its credit card business which is currently under dual operation, its internal BC Cards and Kookmin Credit Card, one of its subsidiaries.
Kookmin Bank also announced that, based on the advisor’s recommendations, it will finalize its position on how to handle the current dual operation structure.
Once decision is finalized, it will be promptly implemented and will be completed within this year.