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Press Release

GE Money and Suzuki Offer Financing For Powersports Enthusiasts

January 26, 2009

KETTERING, Ohio -- January 26, 2009 -- GE Money, a division of GE Capital, and American Suzuki Mortor Corporation today announced a multi-year agreement to provide consumer financing for its motorcycles, all terrain vehicles and scooters. The Suzuki Installment Finance program, managed by GE Money's Sales Finance unit, offers consumers an easy, convenient way to finance Suzuki powersports products.


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GE Money Indonesia Wins "Best CSR Program" In Retail Banking Awards By Asian Banking & Finance Magazine

January 22, 2009

Bijak Dana Perempuan, its flagship young program to empower women with financial knowledge and skills, gets boost with 3 accolades within last 3 months

Jakarta, 22 January 2009 -- GE Money's efforts to empower under-privileged women with financial knowledge and skills in Indonesia through its Bijak Dana Perempuan program was recognized with 2 international awards -- Best CSR Program (Retail Banking Awards 2009) and Certificate of Merit (Global CSR Awards).


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Bank of Ayudhya reports 4.89 bn in net profit for 2008

January 21, 2009

Bank of Ayudhya Public Company Limited announced a significant improvement in its performance for the year 2008.


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James Personal Loan Wins Industry 'Best Advertising Campaign' Award

January 21, 2009

GE Money Singapore's campaign recognized as 'best in Asia' at the
Asian Banking & Finance Magazine's Retail Banking Awards 2009

GE Money, a global leading and trusted provider of consumer financial services, today received the award for "Best Advertising Campaign" for its innovative James personal loan, at the prestigious Asian Banking & Finance Magazine's Retail Banking Awards.


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GE Money Customers Provided More Payment Convenience by Bank Mandiri

November 05, 2008

Partnership Will Boost GE Money's Coverage Of ATMs In Indonesia By 30% To Over 15,000

Jakarta, 5 November 2008 -- PT Bank Mandiri (Persero) Tbk. and PT GE Finance Indonesia (GE Money) announced today a partnership to provide a payment facility for GE Money customers. Effective immediately, GE Money customers who have bank accounts with Bank Mandiri will be able to pay their GE Money bills at all Bank Mandiri ATMs.


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Cosmos Bank Raises the Bar in Taiwan Credit Card Industry with MoneyBack "Signature" Credit Card, with Industry-leading Heavyweight Features to Give Customers Real Prestige and Maximum Flexibility

October 01, 2008

With Just One Card, Consumers Get To Enjoy Daily privileged benefits and rewards: 3%+5% Petrol, 8% Cellular communications, 40% Movie and 1% Money Back Deals


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GE Money Concludes Sale Of Consumer Finance Business In Japan To Shinsei Bank

September 22, 2008

Proceeds of transaction will be redeployed for higher returns

TOKYO, Japan -- September 22, 2008 -- GE Money, the consumer financial services unit of the General Electric Company (NYSE: GE), announced today it has concluded the Y580 billion (US$5.4 billion) sale of its Japanese consumer finance business to Shinsei Bank, a leading diversified Japanese bank. All closing conditions have been satisfied, including the receipt of all regulatory approvals.


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GE Money Home Lending appoints Chief Operating Officer

September 08, 2008

GE Money Home Lending, one of the UK's leading specialist lenders, has appointed Ian Ferguson as its new Chief Operating Officer (COO), reporting to Colin Shave, CEO, GE Money Home Lending.

Ian has a wealth of industry experience, joining GE Money from Kensington Mortgages Ltd where he held the position of Chief Operating Officer. Prior to Kensington Ian held a number of senior industry positions, including Director for Corporate Planning and Delivery at Zurich Financial Services and Director of Mortgage Operations at Bradford and Bingley.


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GE Money Announces the New Chevron and Texaco Visa® Credit Card

August 22, 2008

Card Will Offer U.S. Customers Fuel Credit Rewards and Other Benefits

Stamford, Connecticut, August 22, 2008 -- GE Money today announced the Chevron and Texaco Visa credit card, offering U.S. customers a compelling rewards structure, including:


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Up to 450,000 mortgage and loan customers apply four or more times to be accepted

August 19, 2008

Multiple failed applications can be time consuming and, of course, can be detrimental to a borrower. With criteria changing regularly and the risk of decline increasing all the time, it is even more important that borrowers looking to obtain a mortgage use reputable mortgage professionals with broad experience, knowledge and systems at their disposal which will increase the chances of the borrower getting the deal they need."


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