GE Capital Bank

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GE Capital Bank is a brand of GE Consumer Finance, part of the General Electric Company.

The brand is used as the name of seven banking divisions and subsidiaries in Austria, France, Hong Kong, Norway, Poland, Portugal, Sweden, and Switzerland. GE Consumer Finance is rebranding its banks as GE Money Bank worldwide.

1 Austria
2 Hong Kong
3 Norway
4 Poland
5 Sweden
6 Switzerland
7 United States
8 References

[edit] Austria

Austria's GE Money Bank (formerly GE Capital Bank) was founded in 1998 after the successful acquisition and merger of Mercurbank and AVABANK. Today, it's one of Austria's leading consumer and auto finance businesses and a market leader in retail sales financing. Based in Vienna, with a network of branches throughout the country, the business provides a variety of innovative financial services including auto lending, private lending, sales finance and third party personal lending. The primary focus is on consumers, customers and business partners, such as car dealers, retailers and loan brokers.

[edit] Hong Kong

[edit] Norway

GE Money Bank Norge is a division of the Stockholm-based Swedish subsidiary GE Capital AB. It is a leading provider of consumer finance products in Norway with more than 300,000 clients and total lending of NOK 5 billion, second only to the major domestic bank DnB NOR.

It is the second bank in Norway to offer US style credit cards, after Bankia Bank ASA. In the eighteen months following the launch of GE MasterCard in June 2001, the market increased to more than 100,000 US style credit cards.

[edit] Poland

Polish GE Money Bank S.A. is located in Gdańsk.

[edit] Sweden

The Swedish subsidiary is GE Capital Bank AB. Based in Stockholm, the bank trades as GE Money Bank.

[edit] Switzerland

GE Money Bank is the largest provider of small consumer credits in Switzerland. In 2006, the company partnered with Migros, allowing them to offer credit cards contracts through Migros.