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.