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, Federation of Bosnia and Herzegovina, France, Hungary, Hong Kong, Norway, Poland, Portugal, Russia, Sweden, Switzerland and the United Kingdom.^[1] GE Consumer Finance is rebranding its banks as GE Money Bank worldwide.

Contents 1 Operations 1.1 Austria 1.2 Denmark 1.3 Federation of Bosnia and Herzegovina 1.4 Hong Kong 1.5 Hungary 1.6 Latvia 1.7 Norway 1.8 Poland 1.9 Russia 1.10 Sweden 1.11 Switzerland 1.12 United Kingdom 1.13 United States 1.14 Consumer complaints 2 References

[edit] Operations

[edit] Austria

Austria's GE Money (formerly GE Capital Bank) was founded in 1994 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] Denmark

GE Money Bank Denmark (previously GE Capital Bank Denmark) offers credit cards, loans and financial solutions. Brand names include Acceptcard, Morecard and E-lån.

The Austrian division was purchased along with the German, Finnish and British companies by Grupo Santander in January 2009. ^[2]

[edit] Federation of Bosnia and Herzegovina

Please help improve this section by expanding it. Further information might be found on the talk page. (March 2009)

[edit] Hong Kong

GE Capital is incorporated as a Restricted License Bank in Hong Kong. Major focus is in mortgages (homes and automobile) and personal loans.

[edit] Hungary

Budapest Bank, the member of the GE Money group is a bank owned by GE in Hungary, offering credit card and store cards.

[edit] Latvia

GE Money Bank Latvia is a universal bank owned by GE in Latvia (merged from the former BTB bank and GE Money financial company^[3]), offering loan and deposit products to both private and legal entities.

[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^{[clarification needed (us style?)]}, 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] Russia

Russian GE Money Bank Russia is located in Moscow.

[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.

[edit] United Kingdom

GE Capital Bank Limited, trading as GE Money, offers credit cards and store cards for companies including Laura Ashley, Debenhams and Harrods. In January 2009 the company was purchased by Grupo Santander and will be merged into the bank's existing entity, Santander Cards. ^[4]

[edit] United States

GE Money Bank is also the name of GE's credit card-issuing bank in the United States.

For more information on GE Money Bank in the U.S., see GE Money.

[edit] Consumer complaints

There are numerous consumer complaints against GE Money Bank listed on Complaintsboard.com and many other websites.

[edit] References

• GE Money Bank GmbH web-site
• GE Capital Bank France web-site in French.
• GE Capital Bank Hong Kong web-site
• Budapest Bank web-site in Hungary.
• GE Money Bank Norway web-site in Norwegian.
• GE Capital Bank Poland web-site in Polish.
• GE Money Bank Russia web-site in Russian.
• GE Capital Bank Sweden web-site in Swedish.
• GE Money Bank Switzerland web-site in German.
• GE Money Bank Denmark web-site in Danish.