All about MBNA America
MBNA Corporation headquartered in Wilmington ,Delaware prior to being acquired by Bank of America
in 2005 and it was a bank holding company. World's largest independent credit card issuer is
MBNA Corporation and also in specializing in affinity marketing. Its name is derived from
Maryland Bank National Association. So, MBNA was spun off from that but it is not an acronym.
MBNA America has grown from a small regional credit card issuer to a leading international financial
services company. It provides personal and business lending and deposit account products to millions of
Customers worldwide.
Throughout the United
States and in Canada, Ireland, Spain, the United Kingdom, and, most recently, Mexico it has operations
In china it has a representative office. MBNA's recipe for success is very simple. they give customers
what they want. They also offer products not only to meet customers financial needs, but also
reflects to their personal interests. With the endorsement of more than 5,000 organizations and financial institutions, including the NFL,
eBay, L.L.Bean, Penn State University, Merrill Lynch, and Charles Schwab, to name just a few, It has recognized as a leader of
affinity marketing in the credit card industry. They offer loan products in addition to consumer and business credit cards.
It offers loan products such as
- home equity financing
- insurance premium financing
- professional practice financing
Addition of Nexstar Financial Corporation, a leading mortgage processor
was recently celebrated by MBNA America. They acquired the leading insurance premium
financing business in the United Kingdom, Premium Credit Limited, and Sky Financial Solutions,
a professional practice financing business, in 2004.
It has outstanding work environment so that it has attracted national attention.
for working mothers,MBNA has consistently named to Working Mother magazine’s top 100 companies.
To work for in the United States, FORTUNE magazine ranks
MBNA is one of the top companies. To work in the United Kingdom and Ireland,
MBNA has also been named as a best place.
In 2004, as
To work in the entire European Union in the 100 Best Workplaces in the European
Union survey, MBNA Ireland was named as the best place. National publications such as Business
Week, FORTUNE, American Banker, and Forbes has consistently recognised MBNA's business achievements.
