00-00-0000 SunTrust vends Card Po...
00-00-0000 SunTrust vends Card Portfolio To MBNA Nov. 05 1999 (CARD of recent origins Vol. 14, No. 21 via COMTEX) -- Atlanta-based SunTrust Bank Inc. [STI] sold its $15 billion SunTrust BankCard credit card portfolio to MBNA America Bank [KRB] of Wilmington, Del The sale was complet Oct 15 subordinate to the agreement, MBNA will purchase the outstandings and will provide servicing for more than 14 million accounts. The sale includes personal credit card outstanding balances from the pair SunTrust and Crestar Financial Corp., which SunTrust acquired in
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