April 21, 2018 6:14 PM ET

Diversified Financial Services

Company Overview of GE Capital Bank Limited

Company Overview

GE Capital Bank Limited offers credit finance through loans, credit cards and store cards. GE Capital Bank Limited was incorporated in 1990 and is based in Leeds, United Kingdom. GE Capital Bank Limited operates as a subsidiary of GE (Sigma) Holding Ltd.

Capital House 2

Bruntcliffe Way

Morley

Leeds,  LS27 0JG

United Kingdom

Founded in 1990

Phone:

44 11 3280 7080

Fax:

44 11 3280 7080

Key Executives for GE Capital Bank Limited

GE Capital Bank Limited does not have any Key Executives recorded.

GE Capital Bank Limited Key Developments

GE Capital Seeks To Sell Its Stake In Korea's Hyundai Card And Capital

GE Capital Bank Limited is seeking to sell its stake in Korea's Hyundai Card and Hyundai Capital. GE Capital plans to sell its 43 % stake worth $ 650 million in the credit card business to several private equity funds by splitting the stake into blocks of 10% each. Goldman Sachs & Co. and Morgan Stanley (NYSE:MS) have received letters of intent from a prospective buyer on June 10. Financial investors including Affinity Equity Partners, CVC Capital Partners and H&Q Asia Pacific Korea are allegedly submitted proposals. If four to five companies buy the 43 % stake in Hyundai Card separately, the deal size would be around 150 to 200 billion won for each.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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