Samsung Card is a financial service provider and one of the largest independent credit card issuers in Korea, with more than 9.9 million customers. It was established in 1988 as a domestic card issuer, and since then has issued MasterCard, Visa and American Express cards and provided various lending and lease products.In 2004, the company merged with Samsung Capital, Samsung Group’s financial affiliate, and expanded into personal lending and commercial financing markets.

The company’s strengths include its size and breadth of product offerings, advanced customer service centers and CRM system, sophisticated risk management system, and business partnerships with Samsung Group affiliates. In 2005, Samsung Card liquidated its bad assets, increasing its total available capital. The restructuring laid the groundwork for a strong turnaround in our performance in 2006 that further increased our cash position. The next year, in June, Samsung Card was listed at the Korea Stock Exchange, the 15th Samsung entity to be listed on the exchange.

Samsung Card has been very active in community services, providing volunteer services and other charitable work, in order to give back to the community.

Going forward, the company plans to strengthen its position as a market leader and maximize synergy with Samsung Group by continuing to emphasize convenient one-stop, value-added services for customers.