Autobank AG is one of the leading banks for car loans in Austria and Germany. The bank specializes in motor vehicle leasing and financing solutions. Autobank's product portfolio also includes vehicle trade, factoring and fleet management as well as savings and term deposit accounts.
Becoming a client of Autobank AG can be done in a few steps:
Due to regulatory requirements Autobank AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Autobank AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients Autobank AG will ask to provide corporate documentation as well as information about controlling persons. Autobank AG may request additional documentation or information depending on the case.
Autobank AG is the 180th largest bank in Austria in terms of total assets. In 2018 its total assets were 402,44 mln EUR, providing the bank with the market share of 0.05%. Autobank AG is the 13th largest special purpose bank in Austria (out of 20 special purpose banks) having market share of 0.87% amongst the banks of this category. In 2018 the bank's net income was -4,03 mln EUR.
Autobank AG participates in the deposit guarantee scheme of Austria. This deposit guarantee scheme applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign) and covers up to up to 100,000 EUR per bank per depositor. Autobank AG is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it.
Autobank AG is headquartered in Wien.