GE Money Singapore's campaign recognized as 'best in Asia' at the
Asian Banking & Finance Magazine's Retail Banking Awards 2009
GE Money, a global leading and trusted provider of consumer financial services, today received the award for "Best Advertising Campaign" for its innovative James personal loan, at the prestigious Asian Banking & Finance Magazine's Retail Banking Awards.
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SHANNON, Ireland--(BUSINESS WIRE)--GE Commercial Aviation Services (GECAS) today announced that its engine leasing unit signed 120 new engine lease agreements in 2008, approximately 10 placements per month.
"At the end of our 10th anniversary year, we have grown to a portfolio of some 350 owned and managed engines," said Julie Dickerson, general manager GECAS Engine Leasing. "But we couldn't have done it without our 140 airline customers around the world and a talented group of employees."
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DUBAI, U.A.E., JANUARY 15, 2009 -- GE Capital Aviation Services Limited (GECAS) today announced it has leased five new Boeing 737-800 aircraft from its existing order book to Atlas Blue, a subsidiary of Royal Air Maroc. Deliveries of the aircraft are scheduled for 2011.
"We are delighted to help one of our existing customers renew, expand and modernize with these new aircraft in the coming years," said Doug Winter, senior vice president and region manager, Middle East and Africa, for GECAS.
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2008 leasing activity outpaces 2007 by 10 percent
(STAMFORD, Connecticut, January 12, 2009) GE Capital Aviation Services (GECAS) announced today that it finished the year strong, entering into lease agreements for a total of 66 aircraft in the fourth quarter: including 36 aircraft from its existing fleet and 30 lease extensions, representing a strong 32% increase over Q4 2007 leasing activity.
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BETHESDA, Md.--(BUSINESS WIRE)--GE Healthcare Financial Services served as lead arranger and administrative agent on a $25 million senior secured credit facility to Akorn, Inc., a leading specialty pharmaceutical company focused on developing, manufacturing and marketing pharmaceutical products. Financing will be used for Akorn's general corporate purposes and working capital needs.
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*Transaction boosts GE's Italian financial presence in mid-market and SME sectors
*The new Board appoints Paolo Braghieri CEO
*GE sells to Santander five consumer finance businesses
Milan, 08 January 2009: GE Capital, the financing unit of General Electric (NYSE: GE), has completed the acquisition of Interbanca S.p.A., a leading Italian corporate bank, from Banco Santander. The new Board of the bank has appointed Paolo Braghieri as the CEO.