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GE Money to offer banking: Good potential in SME and home loans.
Byline: Parista Yuthamanop
Nov. 8--GE Money Thailand plans to open its retail banking operation in January, with consolidated growth of 20 percent projected for its banking and consumer finance businesses in the first year, according to president Piriyah Wisedjinda.
The company expects to receive approval for its operational plan for GE Money Retail Bank by the end of this year. It has raised 5.3 billion baht in paid-up capital from parent GE Group for the bank.
GE Money expects the retail bank to tap the mortgage and small and medium-sized enterprise loan market.
"There is huge opportunity in the home loan market given that it ...
- 15. Margaret Keane: President and CEO, GE Money Retail Consumer Finance.
- News wire article from: Banking Wire Rosta, Joseph December 15, 2008 700+ words
...credit started showing up earlier this year, GE Money's Retail Consumer Finance unit was prepared, not surprised. "We...explains Margaret Keane, president and CEO of GE Money Retail Consumer Finance. "We saw a delinquency problem in 2007...
- 15. Margaret Keane; President and CEO GE Money Retail Consumer Finance.(The Top...
- Magazine article from: US Banker Rosta, Joseph October 1, 2008 700+ words
...credit started showing up earlier this year, GE Money's Retail Consumer Finance unit was prepared, not surprised. "We...explains Margaret Keane, president and CEO of GE Money Retail Consumer Finance. "We saw a delinquency problem in 2007...
- GE MONEY SELLS JAPAN CONSUMER FINANCE UNIT TO SHINSEI BANK.
- Newspaper article from: Cardline September 26, 2008 700+ words
Shinsei Bank has bought GE Money's consumer finance operations in Japan. General...Monday. The sale does not mean GE Money is quitting the Japanese finance...operations. William Carey, GE Money president and chief executive...
- GE Money, Mohawk Extend Consumer Finance Program.(Company overview)
- Press release article from: Business Wire February 19, 2007 700+ words
...type of consumer." GE Money supports the Mohawk Consumer Finance Program with free point...mohawkind.com. ABOUT GE MONEY AND SALES FINANCE Sales...Kettering, Ohio, is part of GE Money, formerly GE Consumer Finance. The Sales Finance division...
- GE Money and C-Thru Collaborate on Consumer Finance Program.
- Press release article from: Business Wire January 14, 2007 700+ words
...com to learn more. ABOUT GE MONEY AND SALES FINANCE Sales Finance...Kettering, Ohio, is part of GE Money, formerly GE Consumer Finance. The Sales Finance division...With $163 billion in assets, GE Money, a unit of General Electric...
- GE Money and Granby Steel Tanks Offer Consumer Finance Program; Credit Program...
- Press release article from: Business Wire September 19, 2006 700+ words
...About Retail Sales Finance and GE Money Retail Sales Finance, based in Kettering, Ohio, is part of GE Money, formerly GE Consumer Finance, and provides private label...With $163 billion in assets, GE Money, a unit of General Electric...
- GE ISSUES CARDS WITH NBC, PEACHDIRECT.(GE Money's Retail Consumer...
- Newspaper article from: Cardline October 6, 2006 700+ words
GE Money's Retail Consumer Finance unit announced this week cobranded cards with two retailers...minimum of 23.99%. The GE unit was formerly known as GE Consumer Finance. (c) 2006 CardLine and SourceMedia, Inc. All Rights Reserved...
- GE Money Concludes Sale of Consumer Finance Business in Japan to Shinsei Bank.
- Press release article from: Business Wire September 22, 2008 700+ words
...Higher Returns TOKYO -- GE Money, the consumer financial...sale of its Japanese consumer finance business to Shinsei Bank...regulatory approvals. GE Money will continue to pursue...President and CEO of GE Money, said, "We are pleased...