LG Capital said yesterday that its name will be changed to LG Card Co. starting Sept. 1.
The company said the name change is designed to match the company name to its representative product name and thereby enhance customers' recognition of the company and maximize corporate value before listing on the Korea Stock Exchange.
LG Capital offers diverse credit services, including credit card, factoring, leasing and technology financing. In the domestic credit card market, it is the leader among companies specializing in credit card services. It plans to go public in late October.
Source: The Korea Herald