Updated on 5 October 2024
GermanySantander Consumer Bank Aktiengesellschaft, a member of Santander Group (Spain), is a provider of financial services in retail banking. The head bank of the group, Banco Santander, based in Madrid is mainly active in retail banking and in addition in global wholesale banking, cards, asset management and insurance business.
GermanyTARGOBANK is a subsidiary Crédit Mutuel, a French cooperative bank. TARGOBANK provides retail banking products and services. The bank's is focused on reliable advice and simple, attractive products. TARGOBANK distributes its products via different channels - branches, phone, Internet.
GermanyDeutsche Bank is a universal bank, one of the biggest European banks in terms of total assets. Deutsche Bank has large presence in Europe, the Americas, Asia-Pasific countries and emerging markers. Deutsche Bank provides a wide range of retail, private, corporate and investment banking products as well as asset and wealth management.Until May 2020, Deutsche Bank was offering its retail banking products via its 100%-owned subsidiary DB Privat- und Firmenkundenbank AG.
GermanyING-DiBa AG is a direct bank of ING Group (Netherlands) offering retail banking products and services. Being a direct bank, ING-DiBa AG doesn't have an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions in all product areas. The savings and loan products of ING-DiBa AG are not complicated and can be opened and administered independently via the Internet, telephone or by postal letters.
GermanyThe German branch of Bank of Scotland was founded in July 2008. The Bank of Scotland (German branch) specializes in retail banking and offers its customers savings accounts, consumer and car loans. The Bank of Scotland, one of the oldest banks in Europe, is a global commercial bank headquartered in Edinburgh (Scotland) and is a member of the Lloyds Banking Group.
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Car loans are secured or unsecured loans provided to customers for the purpose of purchasing a new or used car. Used cars private purchases are financed as a rule with unsecured loans, while the purchase of new cars - via secured loans with the car used as the loan collateral. In terms of repayment, car loans are normally installment loans (i.e., such a loan is repaid in equal installments until the loan is paid off at the end of its term).
The table above shows essential details of selected car loans offered to retail customers by the banks in Germany: currency, effective rate per annum and loan term in months. The car loans terms vary from 1 month to 8 years (96 months).The effective borrowing rates are within the range 2.45 - 9.79 %.
