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. Volkswagen Bank GmbH, S.E. operates as a branch of Volkswagen Bank GmbH (Germany).
In 2018 total assets of Volkswagen Bank GmbH, S.E. were 963,60 mln EUR. Volkswagen Bank GmbH, S.E. had 39 employees in 2017.
Volkswagen Bank GmbH, S.E. 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, S.E. is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
Volkswagen Bank GmbH, S.E. is located in Alcobendas (Madrid).