Early 2013 GE Artesia Bank conducted a strategic review of its activities, which led us to decide to restructure our activities. Much to our regret, these restructuring activities did not achieve the intended result for GE Artesia Bank. Therefore, after careful consideration, GE Artesia Bank decided to discontinue all of its services, including our loan facilities, TCF and account services. GE Artesia Bank has received approval from the Dutch Central Bank for this discontinuation.
Currently all clients are being informed of the impact of this decision.
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