With more than $200 billion in assets, GE Money, a unit of General Electric Company (NYSE:GE), is a leading provider of retail; banking and credit services to consumers, retailers and auto dealers in 55 countries around the world. With more than 130 million global customers, GE Money, headquartered in London, UK offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans, and credit insurance. More information can be found at http://global.gemoney.com.

GE Money is one of six major operating divisions of GE.

Major countries of operation

United States

In the United States, GE Consumer Finance is one of the largest issuers of private label (store) credit cards — prominent retail partnerships include Bass Pro Shops, Wal-Mart, J.C. Penney, Lowe's, ExxonMobil, H.H. Gregg, Gap, Inc., Meijer, Amazon.com, Lord & Taylor, American Eagle, PayPal, eBay, Mervyns, Sams Club, IKEA, Stein Mart, Brooks Brothers and Dillard's to name a few. For many years, the servicing arm for the private label credit cards was known as Monogram Credit Card Bank of Georgia (MCCBG)^[1]. Other products available in this market include GE Money Savings and the GE Money Mastercard. In December 2007, GE announced it may sell or partner with another company its private label credit card business. Bass Pro Shops is a privately held sporting goods and outdoor goods store headquartered in Springfield, Missouri. ... Wal-Mart Stores, Inc. ... This article is about the department store chain. ... “Lowes” redirects here. ... For other uses, see Exon (disambiguation). ... hhgregg (fully hhgregg Appliances and Electronics, also known as Gregg Appliances Inc. ... Gap, Incorporated (NYSE: GPS) is an American clothing and accessories retailer based in San Francisco, California and founded in 1969 by Donald Fisher and Doris Fisher. ... For other uses, see Meijer (disambiguation). ... Amazon. ... Lord & Taylor, based in New York, New York, is the oldest department store chain in the United States. ... American Eagle can refer to: American Eagle Airlines American Eagle Outfitters, an American clothing retailer AMC Eagle car (also known as American Eagle) This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... eBays North First Street satellite office campus (home to PayPals corporate headquarters) PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. ... This article is about the online auction center. ... Mervyns is a department store chain based in Hayward, California. ... Sams Club, spelled by Wal-Mart Stores, Inc. ... World Map showing locations of IKEA stores, where green in currently in operation and blue is proposed, as at 2007 IKEA is a privately-held, international home products retailer that sells low-price products, including flat pack furniture, accessories, bathrooms and kitchens at retail stores around the world. ... Stein Mart NASDAQ: SMRT is a chain of department stores that sells boutique, apparel, footwear, linens and home decor. ... This article does not cite any references or sources. ... This article is about a department store chain. ...

Canada

[GE Money - Canada] provides private label credit card and MasterCard card programs to consumers and lending options for retailers in key industries across the country. GE Money-Canada also is a provider of alternative residential mortgages and patient financing through its [CareCredit] unit.

New Zealand

In 2002 GE Finance made its first purchase and its first step into the New Zealand finance industry by purchasing AGC, a New Zealand based finance company, incorporating and creating the AGC Creditline Card (Now known as the GE Creditline Card) providing finance for Harvey Normans and other retailers around New Zealand. In 2006 GE Money New Zealand made its biggest purchase to date in New Zealand finance market, purchasing Pacific Retail Finance (PRF). PRF was New Zealand's largest personal consumer finance company, having top market share of Hire Purchases and Personal Loans. PRF was started under the Pacific Retail Group (PRG) the brain child of Eric Watson, for the financing of purchases through Noel Leeming and Bond+Bond Stores. With this purchase GE Money New Zealand over doubled its staff and office space and zoomed to top of the market share for finance in New Zealand in all areas other than mortgages. GE Money NZ also purchased the mortgage assets of Superbank, a Supermarket based Banking system located in New World Supermarkets though out New Zealand.

Australia

In Australia, the GE Money brand encompasses the GE Consumer Finance and GE Capital Finance businesses. The company provides car, boat, personal and consolidation loans, credit cards, mortgages and insurance. A loan is a type of debt. ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. ...

At the end of 2002 to beginning of 2003 GE purchased the AGC business from Westpac Banking Corporation, and as a result, AGC Automotive Finance became GE Automotive Finance (GE Auto), and former retail finance competitor, AGC Creditline, became known as GE CreditLine.

GE Consumer Finance controls most credit cards and loans and has a strategic partnership with Coles Group to operate the Coles Group Source MasterCard. GE Consumer Finance governs the GE Creditline, GO Mastercard and BuyersEdge cards which all offer interest free terms at participating retailers. Coles Group Limited (formerly Coles Myer Limited) is an Australian public company which operates numerous retail chains. ...

In 2004, GE Capital Finance purchased the Wizard Home Loans business. Because of the success of the Wizard brand, it is the only business that will not be rebranded as "GE Money".GE Money Australia Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...

United Kingdom

In the United Kingdom GE operates a number of credit cards and store cards, particularly ones offered by Arcadia Group. It also operates the Moneybasics money advice site with the charities Credit Action and the Consumer Credit Counselling Service. It provides mortgages and secured loans through FirstNational (acquired from Abbey National) and offers these through intermediaries. GE Money UK The Arcadia Group is a British company that owns the high street retailers includes Topshop, Topman, Miss Selfridge, Burton, Evans, Dorothy Perkins, Wallis and Outfit. ... Credit Action is the UK national money education charity. ... This article or section does not cite any references or sources. ... Abbey National plc is the UKs sixth biggest bank, and Europes second largest mortgage lender, after Halifax. ...

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Republic of Ireland

GE Money Ireland, is part of the European operations of GE Consumer Finance. In the Republic of Ireland, GE Money provides specialised financing and services such as leasing, hire purchase, mortgages and loans to businesses and individuals across the country. With headquarters in Dublin, GE Money services its customers through regional sales centres and a dealer and partner network. ^[2] This article is about a property agreement in private law. ... Hire purchase (frequently abbreviated to HP) is the legal term for a contract developed in the United Kingdom, and now found in India, Australia, New Zealand, and other states which have adopted the English law concept. ... Introduction A mortgage is a device used to create a lien on real estate by contract. ... A loan is a type of debt. ... Look up company in Wiktionary, the free dictionary. ... For other uses, see Dublin (disambiguation). ... A customer is someone who purchases or rents something from an individual or organisation. ... Sales are the activities involved in providing products or services in return for money or other compensation. ... Look up dealer in Wiktionary, the free dictionary. ... Business partner is a term used to denote a commercial entity with which another commercial entity has some form of alliance. ... A business network can be defined as a group of people that have some kind of commercial relationship. ...

Japan

GE Consumer Finance Co.,Ltd(GEコンシューマー・ファイナンス株式会社) is part of the Japanese operation of GE Consumer Finance. From April 2005, it began to provide GE Money brand in Japan. Japanese

Philippines

GE Money, in an effort to expand its presence in Southeast Asia, acquired a majority stake in the now-defunct Keppel Bank Philippines. The acquisition was finalized on December 20, 2005 after the Monetary Board of the Bangko Sentral ng Pilipinas approved the purchase on December 8, 2005. The bank was renamed GE Money Bank Philippines. At present, GE Money Bank Philippines has 31 branches all over the Philippine archipelago. The Central Bank is depicted on the 100-peso bill. ...

India

Ge has its branch in India, it operates with more than 118 branches as of July 2006. It has good business from its southern states.It has a branch in Coimbatore, Erode, Salem Saradha, Trichy, Madurai, Tanjore, Palaghat.

See also

• GE Capital Bank

GE Capital Bank is a brand of GE Consumer Finance, part of the General Electric Company. ...

References

Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 365th day of the year (366th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 171st day of the year (172nd in leap years) in the Gregorian calendar. ...

External links

• Official site.
• Moneybasics
• GE Money Ireland site
• GE Money Savings Bank Philippines site