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Encyclopedia > GE Capital Bank

GE Capital Bank is a brand of GE Consumer Finance, part of the General Electric Company. GE Money is the new global brand of GE Consumer Finance. ... GE redirects here. ...


The brand is used as the name of seven banking divisions and subsidiaries in Austria, France, Hong Kong, Norway, Poland, Portugal, Sweden, and Switzerland. GE Consumer Finance is rebranding its banks as GE Money Bank worldwide.

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Austria

Austria's GE Money Bank (formerly GE Capital Bank) was founded in 1998 after the successful acquisition and merger of Mercurbank and AVABANK. Today, it's one of Austria's leading consumer and auto finance businesses and a market leader in retail sales financing. Based in Vienna, with a network of branches throughout the country, the business provides a variety of innovative financial services including auto lending, private lending, sales finance and third party personal lending. The primary focus is on consumers, customers and business partners, such as car dealers, retailers and loan brokers.

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France

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Hong Kong

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Norway

GE Money Bank Norge is a division of the Stockholm-based Swedish subsidiary GE Capital AB. It is a leading provider of consumer finance products in Norway with more than 300,000 clients and total lending of NOK 5 billion, second only to the major domestic bank DnB NOR. DnB NOR is Norways largest financial services group with total assets of more than NOK 1. ...


It is the second bank in Norway to offer US style credit cards, after Bankia Bank ASA. In the eighteen months following the launch of GE MasterCard in June 2001, the market increased to more than 100,000 US style credit cards. A credit card system is a type of retail transaction settlement and credit system, named after the small plastic card issued to users of the system. ...

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Poland

Polish GE Money Bank S.A. is located in GdaƄsk. GdaÅ„sk (?· i; German: , Kashubian: , Latin: ; older English Dantzig also other languages) is the sixth-largest city in Poland, and also its principal seaport and the capital of the Pomeranian Voivodship. ...

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Sweden

The Swedish subsidiary is GE Capital Bank AB. Based in Stockholm, the bank trades as GE Money Bank. Stockholm panorama from the City Hall (IPA: ; UN/LOCODE: SE STO) is the capital of Sweden, and consequently the site of its Government and Parliament as well as the residence of the Swedish head of state, King Carl XVI Gustaf. ...

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Switzerland

GE Money Bank is the largest provider of small consumer credits in Switzerland. In 2006, the company partnered with Migros, allowing them to offer credit cards contracts through Migros. Migros (IPA: /ˈmiɡro/) is one of Switzerlands largest enterprises and certainly its largest supermarket chain. ...

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References

  • GE Money Worldwide
  • GE Money Bank GmbH web-site
  • GE Capital Bank France web-site in French.
  • GE Capital Bank Hong Kong web-site
  • GE Capital Bank Norway web-site in Norwegian.
  • GE Capital Bank Poland web-site in Polish.
  • GE Capital Bank Sweden web-site in Swedish.
  • GE Money Bank Switzerland web-site in German.

  Results from FactBites:
 
Money | GE Capital Bank told to change its ways (402 words)
GE Capital Bank Ltd (GE), the store, loyalty and credit card specialist, is to change the manner in which it offers to replace its store cards with a credit card, following discussions with the Office of Fair Trading.
GE Capital took the position that it was not contravening the law as it was not supplying a new credit token; rather, it was sending a replacement card as a result of a variation to the existing store card agreement.
The OFT agreed that the GE Capital store card was similar to the new credit card in some respects, including its provision for cash advances, and also took account of the fact that GE required all cards to be activated by the consumer before use.
  More results at FactBites »


 
 

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