Volkswagen Bank GmbH

 (2.8; 101 ratings)
2.8 101
Business Focus
vehicle financing for VW group brands

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.

Financials

Total Assets of Volkswagen Bank GmbH
Net_income of Volkswagen Bank GmbH
Market Share of Volkswagen Bank GmbH
Total Assets (2018)
71,612.27 mln EUR  (+3.76%)
Net Income (2018)
0.00 EUR

Volkswagen Bank GmbH is the 16th largest bank in Germany in terms of total assets. In 2018 its total assets were 71 612,27 mln EUR, providing the bank with the market share of 1.01%. In 2018 the bank's net income was 0,00 EUR.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Volkswagen Bank GmbH is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

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

Volkswagen Bank GmbH 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. Volkswagen Bank GmbH is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

Contacts

Gifhorner Straße 57, 38112, Braunschweig, Germany

Volkswagen Bank GmbH is headquartered in Braunschweig.

Bank Identifiers

BIC (SWIFT)
VOWADE2BXXX
LEI
529900GJD3OQLRZCKW37
MFI ID
DE03402

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