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GE Capital Bank is part of General Electric, based in Stockholm, Sweden.
It is a leading provider consumer finance products in Norway with more than 300,000 clients and lending of NOK 5 billion, only second to the major domestic bank DnBNOR.
They are the second bank in Norway to offer US style credit cards, GE MasterCard, after Bankia Bank ASA. Such cards have led to additional market growth. Since such cards were launched in June 2001, the market has by year-end 2003 increased to more than 100,000 US style credit cards.
Nunn received an AB degree from Emory University in 1960 and an LLB degree from Emory Law School in 1962.
He was elected president and a director of the bank and its parent in 1990, serving as chairman and chief executive officer from 1995 to December 31, 2000, when he became chairman of the board of J.P. Morgan Chase and Co., The Chase Manhattan Bank, and Morgan Guaranty Trust Company.
He joined GE in 1969 as a staff lawyer, leaving in 1970 for a judicial clerkship.
General Electric Capital Corporation is a global, diversified financial services company engaged in commercial finance, consumer finance, equipment management and insurance.
With assets of approximately $500 billion, GECapital serves consumer and businesses in 47 countries around the world.
One of only seven non-financial companies to be rated triple A for credit worthiness, GECapital is one of the worlds largest bond issuers.
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