Citigroup's South Korean operation launches new cobranded credit card
Citibank Korea has launched the E-Mart Citibank card in association with retailer E-Mart.
To celebrate the launch of the card, Citigroup's Korean arm says that new holders will have a chance to participate in the Lucky Magic Card promotion. Held over a three-week period, the promotion will run at seven E-Mart branches initially, and will then be introduced to all 79 E-Mart branches nationwide. In the promotion, all new subscribers will be given a 'magic card', which, when wiped with a special liquid, will reveal a series of numbers. If the numbers match the lucky draw numbers they will win a range of prizes including refrigerators, washing machines, inline-skating sets and Shinsegae Department Store gift certificates. The E-Mart Citibank card offers points for 0.5% of purchases made at the Shinsegae Department Store as well as three-month interest free installment benefits, revolving service, a 3-5% discount and free parking coupons. Manoj Varma, director of card business at Citibank Korea, said: The E-Mart Citibank card is designed to offer the most practical benefits for our cardholders and to promote wise consumption practices. We will continue to introduce more innovative services in the future to satisfy our customers.
Related Insight
Suppliers Directory
Wealth & Assets Management Asset Management Hedge Funds Private Equity Mutual Funds
Intermediaries Prime Brokerages Custody & Clearing ECN & Exchanges
Technology Banking Technology Security Tech Outsourcing & BPO
Policies & Regulatory Compliance Risk Management
Intelligence
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
Comments may be moderated for spam, obscenities or defamation.