Created by Anna Mileiko 
Volkswagen Bank was founded in 1949 and has its central task to promote sales for Volkswagen Group and its brands. Volkswagen Bank provides financing products ranging from financing of new and used vehicles of all Volkswagen Group’s brands to dealer financing. Volkswagen Bank also provides savings and investment products, credit cards and securities trading via direct banking.
In 2023, Volkswagen Bank GmbH achieved the position of 17th largest bank in Germany with a market share of 0.92%; its total assets grew by 12.33%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Volkswagen Bank GmbH.
Volkswagen Bank GmbH ranks as the 17th largest bank in Germany by total assets. In 2023 its total assets were 82,328.30 mln EUR, representing a 0.92% market share. In 2023 the bank's net income was 0.00 EUR.
Volkswagen Bank GmbH is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).
Entschädigungseinrichtung deutscher Banken GmbH (EdB)Volkswagen Bank GmbH protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the Entschädigungseinrichtung deutscher Banken GmbH (EdB), making regular contributions into it.
Gifhorner Straße 57, 38112, Braunschweig, GermanyVolkswagen Bank GmbH is headquartered in Braunschweig.
