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May 27, 2015 6:17 AM ET

Banks

Company Overview of GE Money Bank, AS

Company Overview

GE Money Bank, a.s. provides banking and financial services for individuals, small entrepreneurs, and small and medium-sized businesses in the Czech Republic and internationally. The company offers current, time, and savings accounts in Czech crowns and related services, as well as current and time foreign currency accounts; domestic and foreign documentary letters of credit and collections; domestic and foreign cheque, bill of exchange, and bank guarantee services; and domestic credit and business services, such as commercial credits, and consumer and mortgage loans, as well as foreign credit. It also provides acquisition of receivables and financial leasing, as well as foreign exchange, fa...

BB Centrum

Vyskocilova 1422/1a

4 - Michle

Praha,  140 28

Czech Republic

Founded in 1998

Phone:

420 2 2444 1111

Fax:

420 2 2444 8199

Key Executives for GE Money Bank, AS

Chairman, chief Executive Officer, Chief Distribution Officer and Director
Acting Head of Finance Division and Chief Controller
Chief Risk Officer and Member of Management Board
Chief Commercial Banking Officer and Member of Management Board
Chief Retail Growth Officer
Compensation as of Fiscal Year 2014.

GE Money Bank, AS Key Developments

General Electric Plans To Sell Czech Banking Arm

General Electric Company (NYSE:GE) plans to sell the Czech subsidiary of GE Money Bank, AS within the next two years, the Chief Executive Officer of the local unit announced on April 22, 2015. The sale is part of GE's global push to become a simpler industrial business instead of the current hybrid of banking and manufacturing.

Similar Private Companies By Industry

Company Name Region
Prvni Cesko-Ruska Banka Europe
PPF banka a.s. Europe
Calyon Bank Czech Republic A.S. Europe
The Royal Bank of Scotland N.V. pobocka Praha Europe
Raiffeisenbank a.s. Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 8, 2014
VB Leasing CZ, spol. s. r.o. and VB Leasing Services, spol. s r.o.
 

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