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Where is the head quarters of MBNA?

Updated: 9/28/2023
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14y ago

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MBNA Canada head office address of CEO

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Q: Where is the head quarters of MBNA?
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Invest with MBNA Loans?

MBNA is a subsidiary of Bank of America and is the third largest credit card issuer in the world. MBNA was founded in 1982. It was initially a subsidiary of MNC Financial, a bank holding company based in Baltimore, Maryland. MBNA Corporation and MBNA America Bank at one time did business in the United States under the MBNA name, issuing credit cards and making consumer car loans and other loans. MBNA was a major credit card issuer and personal lender at that time. In 2005, MBNA became a wholly owned subsidiary of Bank of America. In 2006, MBNA changed its name for operations in the United States to FIA Card Services. MBNA no longer does business under the MBNA name in the United States. The MBNA name is retained for operations in Europe and Canada. MBNA consumer loans continue to be offered in the United Kingdom and in Canada. MBNA is a major lender in those nations. MBNA is one of the more popular lenders in the United Kingdom, and offers loans directly to borrowers. In some advertising, MBNA loans are shown as available for between 1,000 British pounds and 25,000 British pounds. MBNA offers both secured loans and unsecured loans. In 2005, MBNA acquired Loans.co.uk, then the United Kingdom's largest finance broker. Operations at Loans.co.uk continued for nearly three years, until Bank of America decided to discontinue the company. MBNA continues to own two banks, MBNA Canada Bank and MBNA Europe Bank. These banks are primarily involved in consumer services, offering car loans, home loans, personal loans, and credit cards. They are major banks in Canada and Europe both. The bank in Canada is based in Ottawa, and the bank in Europe is based in Chester, England. both are accessible on the Internet. Frequent mention in advertising and information about MBNA is also made of MBNA credit cards. MBNA remains the largest independent credit card lender in the world. MBNA Bank Europe is the single largest credit card issuer in Europe. Affinity credit card marketing is one of MBNA's specialties, with MBNA marketing through more than 5,000 professional groups, colleges and universities, sports teams and leagues, retailers, and financial institutions. This is a highly profitable aspect of the MBNA business.