Volkswagen Bank GmbH

Volkswagen Bank GmbH, which was founded in 1949, is a wholly owned subsidiary of Volkswagen AG. Its central task is to promote sales for the Volkswagen Group and its brands. The products and services of Volkswagen Bank GmbH range from the financing of new and used vehicles of all the Group’s brands, over direct banking, to dealer financing.

With a balance-sheet total of 56.3 billion euros as at December 31st, 2016 and a current level of 2,1 million customer financing contracts, Volkswagen Bank has long been Europe’s leading automobile bank. As measured by its volume of deposits totalling by more than 35 billion euros at the end of 2016, Volkswagen Bank direct, a division of Volkswagen Bank, is one of the leading direct banks in Germany.

The bank has always taken on a pioneering role in the development of future-oriented products, for instance with the conception of the three-option financing product AutoCredit. A complex range of products up to and including individual product packages ensures carefree mobility for the customer. The products are offered by the Group’s dealers as soon as a car is selected as part of a one-stop shopping policy.

Volkswagen Bank offers its customers financial flexibility with its direct banking products. The portfolio includes savings and investment products, credit cards, and dealings in securities.

The Volkswagen trading partners can finance new and used cars as well as spare parts and investments through Volkswagen Bank.