Mercedes-Benz Bank AG (Germany)

(4.1; 23 ratings)

Business Focus

vehicle financing for Daimler brands

Mercedes-Benz Bank is an automotive bank and a subsidiary of Daimler Financial Services, a worldwide financial services company of Daimler Group. Mercedez-Benz Bank's product range is concentrated around vehicles and includes financing, leasing, insurance and fleet management for brands of Mercedes-Benz, Smart, Mitsubishi Fuso and Setra. Mercedez-Benz Bank also offers savings and time deposit accounts and payment cards via direct banking services.

Services

retail banking

leasing

fleet management

insurance

Financials

Total Assets (2018)

26,807.97 mln EUR (+2.14%)

Net Income (2018)

0.00 EUR

Mercedes-Benz Bank AG is the 32nd largest bank in Germany in terms of total assets. In 2018 its total assets were 26 807,97 mln EUR, providing the bank with the market share of 0.38%. In 2018 the bank's net income was 0,00 EUR.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Entschädigungseinrichtung deutscher Banken GmbH (EdB)

Covered Depositors

individuals
companies

Covered Accounts

all deposit accounts

Mercedes-Benz Bank AG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Mercedes-Benz Bank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.