GE Money is now in the Philippines to provide Filipino customers with the simple and better banking experience they deserve through flexibility, speed and personalized service.

GE Money Bank is known for its global competencies in risk management, analytics, business management practices, and has a strong track record of growth in emerging markets.

GE Money, with its goal of expanding their operations in the Southeast Asian market, acquired majority interest in Keppel Bank Philippines. The sale was finalized last 20 December 2005 after the Bangko Sentral ng Pilipinas (BSP) Monetary Board, in its meeting last 8 December 2005, approved the sale in principle. Keppel Bank is intended to be renamed GE Money Bank, Inc.

Recently named as the World's Most Admired Company by Fortune Magazine, GE proves to be a dynamic bank in terms of growth in lending, capital, and net income. GE Money Bank is a trusted global banking and financial services expert that provides a better banking experience to Filipino customers. The expansion of its operations in the Philippines is a clear indication of its belief that the Philippines is a market with solid growth opportunities. It plans to grow the Bank's existing business, building on the solid foundations currently in place. GE Money Bank's unique expertise enables it to deliver innovative financial products and services with the speed and flexibility empowered by global expertise.

As one of the fastest growing business units within General Electric, GE Money is a leading global provider of innovative financial products and services. We are investing to become a significant player in the Philippine banking scene and we look forward to providing our Filipino customers with a better banking experience.