Braunschweig, 01. November 2016.
Today, the supervisory board of Volkswagen Financial Services AG approved a reorganization measure of the Volkswagen Financial Services Group. Volkswagen Bank GmbH, which is currently a subsidiary of Volkswagen Financial Services AG, shall become a direct subsidiary of Volkswagen AG by way of a spin-off, providing consolidation of banking activities relevant to European Central Bank authority and allowing for the separate regulation of European banking activities from other financial services provided by the Volkswagen Financial Services Group. The aim of such reorganization is improved transparency for the regulatory authority and increased efficiency. The implementation of this measure is subject to the approval of the supervisory board of Volkswagen AG.
Please find in the following the Solvency and Financial Condition Reports of Volkswagen Insurance Company and Volkswagen Reinsurance Company as well as the remuneration report of Volkswagen Financial Services AG
Disclosure Reports as of 31. December 2017
Disclosure Reports as of 31. December 2016
|Solvency and Financial Condition Report of Volkswagen Insurance Company 2016||1.1 MB||download|