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GE Money
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GE MoneyAbout GE MoneyFrom jet engines to power generation, financial services to plastics, and television to medical imaging, GE people worldwide are dedicated to turning innovative ideas into essential products and services that make the world a better place. GE is a diversified services, technology and manufacturing company with a commitment to achieving customer success and worldwide leadership in each of its businesses. With Jeffrey R. Immelt as Chairman and Chief Executive Officer, GE operates in more than 100 countries and employs 313,000 people worldwide. The Company traces its beginnings to Thomas A. Edison, who established Edison Electric Light Company in 1878. In 1892, Edison Electric merged with the Thomson-Houston Electric Company to create General Electric Company, and GE is the only company listed in the Dow Jones Industrial Index today that was also included in the original index in 1896. With over $AUD250 billion in revenue and $AUD26 billion in profits, GE is amongst the world's largest and most successful companies. In August 1995, GE acquired the credit card operations of the Coles Myer Group in Australia. This formed the basis of GE Money Australia and New Zealand, which has grown rapidly over the past 10 years through acquisitions, new product introduction and organic growth. Acquisitions have included Nissan Financial Services in 1998, Avco Financial Services in 1999, AGC Australia and New Zealand in 2002 and, in 2004, the Australian Financial Investments Group whose brands include Wizard Home Loans. Today GE are one of Australia’s leading consumer finance companies, offering a vast range of consumer lending products, including personal loans, auto loans, credit cards, mortgages, insurance and promotional retail finance. GE have assets in excess of A$30 billion and over 3 million customers across Australia and New Zealand. GE financial services are distributed through numerous sales channels, including over 12,000 retailers, 700 auto dealers, 5,500 brokers, 400 branches and the internet. By providing accessible credit at the right time and place, GE clients are better able to acquire new customers, generate incremental sales and strengthen their customer relationships. GE Money in Australia and New Zealand is a full service provider of financing solutions, managing credit applications, credit authorisation, billing, remittance and customer service processing utilising six-sigma quality methodology to minimise defects and ensure operational excellence. GE Money is part of the global GE network, a company with a AAA rating and global lending experience.
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