GE hails lending growth this year

GE Consumer Finance’s Irish business has had “a tremendous start” to 2005, the company said yesterday.

Dan O’Connor, the Dublin-based chief executive of the global finance giant’s European division, said the new GE Money brand reflected the company’s move to become a more consumer-focused business.

Car loans and other personal lending in Ireland had seen strong growth, said Mr O’Connor.

“Across Europe we have aggressively driven organic growth through the extension of our product and service offering to our customers,” he added.