GE Money to launch bank operations soon Apr 23, 2008
Staff and wire reports RIGA - GE Money, a personal finance service provider, has said that it would begin banking operations in Latvia in the near future, most likely under the name GE Money Bank, a spokeswoman said.
In Nov. 2006, GE Money acquired a 98 percent stake in Baltic Trust Bank, a middle-tier bank in Latvia’s financial system.
Jan Hainz, the company’s communication director in Central and Eastern Europe, was quoted as saying that the company was interested in developing in Latvia despite the untenable eco ...
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