Moscow, November 24, 2005 -- Board of Directors of DeltaBank, wholly owned subsidiary of GE Consumer Finance, a unit of General Electric, Co., announces the appointment of Richard Gaskin as CEO for DeltaBank. Andrei Larkin, who functioned as Acting President since late 2004 following the bank's acquisition by GE Consumer Finance, will concentrate on further building DeltaBank's financial strategy as CFO of the bank.
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Istanbul, Turkey - August 25, 2005 -- Dogus Holding A.S and GE Consumer Finance (GECF) the global consumer lending unit of General Electric Company (NYSE: GE), today announce that the parties have reached agreement regarding the acquisition by GECF of a 25.5% share in Garanti Bank, Turkey's third largest private bank.
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STAMFORD, Conn. & HOUSTON--(BUSINESS WIRE)--Aug. 22, 2005--GE Commercial Finance Energy Financial Services announced today it has invested, for the first time offshore, $70 million in a limited partnership with F-W Oil Exploration L.L.C. to acquire and produce natural gas and associated liquid hydrocarbons in the Gulf of Mexico. Energy Financial Services will also finance the completion of a 48-mile pipeline system to transport gas from F-W's gas fields in the South Padre Island area.