SEB Kort Cooperating with Magasin du Nord
SEB Kort AB has reached a ten-year cooperation agreement with the Danish department store chain Magasin du Nord. Concurrently, SEB Kort AB is purchasing the department store chain's card stock of more than 160,000 cardholders."Magasin du Nord's customer base matches our strategic target group in a highly favourable manner. We are looking forward to cooperation with Magasin to further strengthen the position that their card already holds today," said Kurt Thyregod, President, SEB Kort Danmark. "The cooperation agreement also provides very strong possibilities to develop existing business