Sky Financial Group Inc. said Tuesday it has agreed to sell its dental financing affiliate to MBNA Corp.
The Wilimington, Del., credit card issuer would acquire Sky Financial Solutions, which has a loan portfolio of $800 million. MBNA did not say how much it would pay, but it did say Sky Financial Solutions would fit into its marketing plans, since many of the unit's members carry MBNA credit cards.
Sky, of Bowling Green, Ohio, wants to focus on its core banking, insurance, and wealth management services.