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GE Money Bank (formerly GE Capital Bank) was a significant institution in the Czech Republic. It was founded in 1997, after the acquisition of Agrobanka bank as GE Capital Bank. In the year 2000, it changed the name to GE Money Bank. It went through an IPO in 2016 and operates under the new name of Moneta Money Bank.
US$13.655 billion (2021) [5] Number of employees. 16,500 (2018) [4] [6] [7] Website. synchrony .com. Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty ...
Bank Prokredit was founded in 1912. In 1998, it came under the wing of GE Capital, which, the year before, had already acquired another Swiss consumer credit business, Bank Aufina, founded in 1953. It was not until 2006 that Prokredit, which had previously belonged to UBS, and Bank Aufina merged under the name GE Money Bank.
GE Capital sold its Australian and New Zealand business in 2015 to a consortium led by Deutsche Bank, KKR and Värde Partners. The business was renamed Latitude Financial Services. On 20 April 2021, Latitude completed an initial public offering at $2.60 per share and became listed on the Australian Stock Exchange. On 24 February 2023, Latitude ...
General Electric's (GE) GE Capital announced Tuesday that it had acquired the retail finance portfolios from Citigroup's (C) Retail Partner Cards to add $1.6 billion in managed assets. Financial ...
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In June 2014, Santander bought GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for €700 million (US$950 million). In September 2014, it was announced that Santander was in talks to merge its asset management unit with that of Unicredit to create a European firm worth €350 billion in assets.