Volkswagen Bank GmbH

 (2.8 from 101 ratings)
2.8 101

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.

Business Focus

vehicle financing for VW group brands

Financials

Total Assets (2017)
69,015.60 mln EUR  (+13.75%)
Net Income (2017)
0.00 EUR

Volkswagen Bank GmbH is the 19th largest bank in Germany in terms of total assets. In 2017 its total assets were 69 015,60 mln EUR, providing the bank with the market share of 1.01%. In 2017 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 A1 (upper medium grade).

Volkswagen Bank GmbH participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.

Contacts

Gifhorner Straße 57, 38112, Braunschweig, Germany

Volkswagen Bank GmbH is headquartered in Braunschweig.

Bank Identifiers

BIC (SWIFT)
VOWADE2BXXX
LEI
529900GJD3OQLRZCKW37
MFI ID
DE03402