Shinsei Bank to buy consumer finance arm from GE

Shinsei Bank to buy consumer finance arm from GE

TOKYO, Japan - Shinsei Bank President Thierry Porte speaks at a news conference at the bank's head office in Tokyo on July 11. The bank said it will acquire GE Consumer Finance Co., a Tokyo-based financial arm of General Electric Co. of the United States for 580 billion yen to beef up its hard-hit consumer finance operations. GE Consumer Finance operates the Lake brand consumer finance business as well as credit card and mortgage businesses.

  • Product Code
  • ILEA001128703
  • Registered date
  • 2008/7/11 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2008 Kyodo News
  • Media size
  • 1303 × 1677 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 520.30(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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