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GE Money joins retail banking competition.
Jan. 10--GE Money Retail Bank, an affiliate of GE Money Thailand, yesterday formally opened for business with its headquarters at All Seasons Place on Wireless Road.
The retail bank will offer deposit and lending services, including mortgage loans and auto finance.
GE Money was granted a retail banking licence in December 2004. It was among a handful of institutions approved for new banking licences under the financial master plan alongside GE, Tisco, Land & Houses Retail Bank and Kiatnakin.
Piriyah Wisedjinda, the president of GE Money Retail Bank, said the bank would focus on "accessibility, flexibility, speed, trustworthiness and a 'can-do' ...
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Source: HighBeam Research, GE Money joins retail banking competition.