KETTERING, OHIO and MINNEAPOLIS, MINN. -- November 29 2010 -- GE Money Sales Finance, a consumer lending unit of General Electric Company (NYSE:GE - News), today announced an agreement with Polaris Industries to be the exclusive provider of promotional financing for Victory motorcycles. The multi-year program is managed by GE Money's Sales Finance unit and continues the financing relationship that was originally launched in 2006.
Executing on Its Strategy to Focus on Its Core Businesses; GE Remains Committed to Turkey
NORWALK, Conn.--(BUSINESS WIRE)--GE Capital, the financial services division of GE, announced today it has reached agreement to sell an 18.6% stake in Turkiye Garanti Bankasi A.S ('Garanti Bank') to Spanish banking group, Grupo Banco Bilbao Vizcaya Argentaria ('BBVA'). GE will receive $3.776 billion (bn) and retain 2.25% of Garanti shares.
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New Consumer Credit Program Being Rolled Out at Kane's and Savon Furniture Stores
KETTERING, OHIO and TAMPA, FLA. --- August 26, 2010 --- Comfort and quality are essential in the retail furniture business, which explains why Kane's Furniture selected GE Money as its consumer financing partner.
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Consumer Financing Program Available Through 4,000+ ACCA Contractors Nationwide
KETTERING, OH and ARLINGTON, VA --- July 21, 2010 --- GE Money, the consumer lending Unit of General Electric Company (NYSE:GE - News), announced a multi-year agreement to provide the GE Money Home DesignSM consumer financing program through the Air Conditioning Contractors of America (ACCA), the nation's largest association of professional environmental systems contractors.
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[London, UK - 15 July 2010] GE Capital Global Banking announced today that it has reached a definitive agreement to sell BAC Credomatic GECF Inc. (BAC-Credomatic) to Grupo Aval, Colombia's largest banking holding group, for $1.9 billion.
The transaction is subject to certain regulatory approvals and other customary conditions, and the parties anticipate closing by the end of 2010.