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Press Release

Dacor Partners with GE Money to Make Dream Kitchens a Reality with Flexible Financing Options

July 22, 2009

Dacor®, market leader in luxury kitchen appliance design, manufacturing and distribution, and GE Money today announced a multi-year agreement to provide consumer financing on the purchase of eligible Dacor appliances. Beginning August 1, the new financing program, backed by GE Money's Sales Finance unit, will be available nationwide through participating Dacor dealers.


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GE Money & Giant Bicycle, Inc. Provide Biking Enthusiasts with Consumer Financing Program

July 14, 2009

GE Money Sport Card Available Through U.S. Giant Bicycle Dealers

GE Money announced a multi-year agreement to provide consumer financing for Giant Bicycle, a leading supplier of bikes in the U.S. The GE Money Sport Card, managed by GE Money's Sales Finance unit, provides cyclists with a convenient revolving credit program and special promotions that makes buying a new Giant bike as easy as riding one.


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Bank of Ayudhya and GE Capital Reach Agreement In-Principle

July 10, 2009

Exclusive negotiations under way for BAY to acquire GE Money's consumer financial services businesses in Thailand to create further synergies for long-term growth


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GE SCF, a subsidiary of GE Money Bank (GE Group), has successfully completed its inaugural issue of €1 billion as part of its program of €5 billion in covered bonds

July 08, 2009

GE SCF, a société de credit foncier (special purpose company) 99.9% owned by GE Money Bank that specializes in lending to private individuals, has successfully completed the initial issue of its program of €5 billion in covered bonds backed by high-quality mortgage assets. This initial issue is for €1 billion maturing in 5 years, was issued at 105 basis points over mid-swap and comes with a 3.75% coupon. GE SCF intends to conduct new issues in the future and become a regular issuer on the market.


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GE Money's New Business Center Provides Complete Suite of Online Tools to Help Businesses Effectively Manage Credit Programs

July 01, 2009

KETTERING, Ohio--(BUSINESS WIRE)--Now, more than ever, businesses need effective ways to energize sales, comply with lending requirements and monitor their success. GE Money - Sales Finance, a leading provider of consumer financing programs, is bringing these tools to its partners through its new Web-based portal, the Business Center.


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Press Release

GE Money Signs Agreement with Art Van Furniture

June 29, 2009

Sales Finance unit to provide consumer financing to leading Michigan retailer

KETTERING, Ohio--30 June 2009-- GE Money and Art Van, Michigan's leading furniture retailer, today announced a multi-year agreement to provide consumer financing through the home furnishing retailer's 30 locations and online store.

The Art Van Card, issued through GE Money's Sales Finance unit, provides flexible financing promotions and extended terms, including no-interest and minimum payment plans.


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GE Money's New Web-based Portal Delivers Big Benefits to Partners

June 26, 2009

Business Center Provides Complete Suite of Online Tools to Help Businesses Effectively Manage Credit Programs

KETTERING, OHIO -- July 1, 2009 -- Now, more than ever, businesses need effective ways to energize sales, comply with lending requirements and monitor their success. GE Money - Sales Finance, a leading provider of consumer financing programs, is bringing these tools to its partners through its new Web-based portal, the Business Center.


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Press Release

GE Capital Global Banking Increases Ownership in BAC-Credomatic

June 26, 2009

GE Capital Global Banking announced today that it has increased its ownership stake in BAC-Credomatic GECF Inc. (BAC-Credomatic), from 49.99% to 75%, as contemplated in the original agreements signed by the parties in 2005.


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Top three home improvements could add £54,922 to the value of your home

June 26, 2009
  • Adding extra space by going up or out continues to be the best way to increase the value of a home
  • Top home improvement is a loft conversion which could increase its value by over 12% (£22,898)*
  • More cosmetic improvements such as decking, flooring or decorating considered less effective in increasing value

"The current housing market means that more people are looking to improve their home rather than move.


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BDO and GE Capital Sign Agreement in the Philippines

May 28, 2009

GE Agrees to Transfer GE Money Bank to BDO and Acquire Strategic Stake in BDO


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