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Press Release

GE Capital Retail Finance announces agreement to continue providing credit card program for Men's Wearhouse

May 24, 2011

US retail card business keeps focus on growth with new 7-year agreement just in time for prom and wedding seasons


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Press Release

GE Capital Expanding in Chicago

May 23, 2011

* Bringing 1,000 jobs and building on strong GE Capital and GE presence

* Adding new office to support growing workforce

* Hiring reflects strength of the business and future growth

* Attractive talent base


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Press Release

GE Capital Fleet Services Launches Eco Website Dedicated to Alternative Vehicles

May 23, 2011

EDEN PRAIRIE, Minn.--23 May 2011-- GE Capital Fleet Services today announced it launched a new interactive eco website, dedicated to alternative vehicles and services. The website provides information, tools and educational materials to serve as a resource to help companies with greening their vehicle fleets.


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GE Capital acquires over NZ$100 million of Face Finance assets

May 22, 2011

Auckland: GE Capital's New Zealand Equipment Finance business has acquired over NZ$100 million of commercial loan assets from Face Finance Limited, a subsidiary of South Canterbury Finance.

The deal consolidates GE Capital's position as a specialist financial service provider and complements its equipment finance offering in the New Zealand market.


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U.S. CFOs Grow Increasingly Optimistic About Business Environment, Economic Growth, GE Capital Survey Reveals

May 17, 2011

NORWALK, Conn.--17 May 2011-- U.S. chief financial officers (CFOs) of middle-market companies are becoming more positive on the state of the industries in which they operate, as well as on the outlook for growth, according to the latest GE Capital survey of middle-market CFOs. In fact, their level of optimism has increased substantially since they were first surveyed in January 2010.


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GE Capital Fleet Services Identifies $59 Million in Cost Savings for Customers in the First Quarter

May 16, 2011

EDEN PRAIRIE, Minn.--16 May 2011-- GE Capital Fleet Services today announced $59 million in identified customer cost savings for the first quarter of 2011. GE Capital Fleet Services helps customers identify ways to cut costs and optimize returns on their fleet investments through complimentary analytics and consulting services. Total identified cost savings for customers in 2010 totaled $326 million.


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Personalwechsel im Zeichen des Wachstums

May 16, 2011

* GE Capital baut strukturiertes Leasinggeschäft aus

* Peter Krause (40) erhält neu geschaffene Position des Executive Director Structured Leasing, GE Capital -- Europe,
Middle East, Africa

* Ralf Geldhäuser (44) übernimmt Funktion des Country Sales Managers für Healthcare Financial Services in
Deutschland


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GE Capital Aviation Services Expands Partnership With China's Aviation Industry With Delivery of 20 New Aircraft in 2011

May 11, 2011

BEIJNG, May 11, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, is delivering a total of 20 new leased aircraft to airline customers in China during 2011, expanding its position as a leading aircraft lessor and financier with US$7 billion invested in China.

The announcement coincides with GECAS executive Li Liu speaking on the topic "Facilitating the Transformation of Civil Aviation" at the 2011 China Civil Aviation Forum May 11-12 in Beijing.


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New appointments made to further strengthen GE Capital van leasing operations

May 10, 2011

Sale, Manchester, 7 April 2011: Two key appointments have made as GE Capital UK strengthens its light commercial vehicle leasing operation.

Simon Cook, who has been in the commercial vehicle industry for more than quarter-of-a-century, has been named as LCV Leader. Most recently, Simon was heading up the sales and operations team at TLS Vehicle Rental.


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Use of outright purchase halves in 18 months, suggests GE Capital Company Car Trends

May 10, 2011

  • Popularity of outright purchase drops from 38% of fleets to 17%
  • Contract hire increases from 42% to 66% in the same period

Sale, Manchester, 7 April 2011: Use of outright purchase as a method of acquiring company cars and vans may have fallen by more than half in the last 18 months, according to the latest quarterly Company Car Trends survey from GE Capital.


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