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Article: Czech Bank Becomes 15th To Join Amex's Global Push. (Komercni Banka, American Express Co)(Brief Article)
- Article from:
- American Banker
- Article date:
- September 11, 1997
- Author:
CopyrightCOPYRIGHT 1997 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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American Express Co. added another foreign bank to the growing list of financial institutions that are teaming up with it to sell its products.
On the heels of two banks in the Caribbean region, Komercni Banka of the Czech Republic last week said it will begin issuing American Express green and gold charge cards early next year.
"We are building our momentum, and we think we have the right strategy to grow our franchise in these markets," said Jim Cracchiolo, president of American Express global network services. He said other international partnerships are in the pipeline.
In another international move, American Express Bank, a subsidiary of the card ...