STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 14, 2004--GE Consumer Finance-Americas announced today it has established the Specialty Retail Group to support the unique financing and marketing needs of growing, mid-size retailers.
The new business unit is part of GE Consumer Finance's Retail Consumer Finance division, which provides retail credit card services to major retailers in the United States and Canada.
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STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 5, 2004--GE Consumer Finance, one of the world's leading consumer lenders, today announced it has signed a multi-year agreement to extend its retail credit card program with The Men's Wearhouse, a leading men's apparel retailer in the United States.
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SALT LAKE CITY--(BUSINESS WIRE)--Aug. 20, 2004--GE Corporate Payment Services' SAM(TM) System Supports Sophisticated Accounting Needs Drawing on more than 12 years of experience serving some of the world's largest and most demanding commercial card customers, GE Corporate Payment Services has released a new advanced reporting system.
The SAM(TM) system - short for Strategic Account Management - supports the real-time management of purchasing, travel and other corporate card and e-settlement programs.
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MOSCOW--(BUSINESS WIRE)--Aug. 11, 2004-DeltaBank is a Leading Issuer of Visa Cards in Russia GE Consumer Finance (GECF), the global consumer lending unit of General Electric Company (NYSE: GE), today announced that it has reached an agreement to acquire DeltaBank, a Moscow-based Russian consumer bank. DeltaBank's majority shareholders are Delta Russia Fund and The U.S.-Russia Investment Fund, both managed by Delta Capital Management.
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STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 8, 2004-- Dillard's Inc. selects GE unit to provide retail credit card services and program support for its customers GE Consumer Finance, a global leader in retail credit car programs and other consumer lending services, announced today that it has entered into an agreement to purchase substantially all of the assets of Dillard National Bank, the private label credit card issuing bank of Dillard's Inc. (NYSE: DDS), for approximately $1.25 billion.
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STAMFORD, Conn.--(BUSINESS WIRE)--July 14, 2004--Kirkland's, Inc., a leading U.S. retailer of home decor, and GE Consumer Finance, one of the world's leading consumer lenders, today announced the signing of an agreement to launch the retailer's first-ever private-label credit card program. The new Kirkland's card will be offered at the chain's 282 stores in 36 states, providing qualified customers with a range of valuable programs and benefits.
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ST. PAUL, Minn.--(BUSINESS WIRE)--July 12, 2004--Yamaha Motor Corporation, U.S.A. and GE Consumer Finance announce the launch of a national program, offering installment credit to customers for the purchase of powersports and marine equipment and accessories.
The Yamaha Installment Financing program is being rolled out through the network of over 2,300 Yamaha Motor Corporation dealers nationwide
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GE Consumer Finance to Acquire WMC Finance Co.
STAMFORD, Conn.--(BUSINESS WIRE)--April 20, 2004--GE Consumer
Finance, the consumer lending unit of General Electric Company
(NYSE:GE), today announced it plans to acquire WMC Finance Co. Terms
were not disclosed.
The transaction, which is subject to regulatory approval, is
anticipated to close in the third quarter of 2004 and will expand GE's