GE Continues Review of Strategic Options in Bank BPH

LONDON--(BUSINESS WIRE)-- General Electric Company (GE), the dominant entity of the majority shareholders of Bank BPH S. A., is continuing a review of strategic options in connection with the sale of its majority stake in Bank BPH. As part of this process, GE is exploring several potential transaction structures, including a full carve-out of the Bank BPH foreign currency denominated mortgage portfolio from the sale.

GE has engaged advisors to assist it in connection with the process and has commenced preliminary discussions with interested parties. The Polish Financial Supervision Authority (Komisja Nadzoru Finansowego) has been advised accordingly by GE.

This transaction is in line with GE’s announcement on April 10th 2015 to pursue the sale of most of its GE Capital businesses over the next two years and focus on growth in its industrial and manufacturing businesses.

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About GE Capital International

GE Capital offers customers around the globe an array of financial products, services and insights to help them grow their businesses. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital).

About GE

GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20150609005748/en/

GE Capital International
Katja Antila
Corporate Communications Director
E: [email protected]
T: +44 207 302 6300

Source: GE Capital

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