Volkswagen Bank GmbH, founded in 1949, is a fully-owned subsidiary of Volkswagen AG. Its central task is the sales promotion for the Volkswagen Group and its brands. The offer of Volkswagen Bank ranges from the financing of new and used cards of all brands of the group via Direct Banking to dealer financing.

With a balance sheet total of 56.3 billion euros as of 31st December 2016 and a portfolio of more than 2.1 million customer financing contracts, Volkswagen Bank has long been Europe’s leading automotive bank. Measured against the deposit volume of more than 35 billion euros at the end of 2016, Volkswagen Bank direct, a business area of Volkswagen Bank, is one of the largest direct banks in Germany.

The bank takes a pioneering role when developing future-oriented products, e.g. with the invention of the three-way financing, the AutoCredit. A complex product range through to individual product packages ensures worry-free mobility for the customer. It is offered when selecting a car at the respective group dealers in the context of “One-stop-shopping direkt”.

Volkswagen Bank offers financial flexibility to its customers via the direct banking products. Its portfolio includes, among other things, savings and investment products, credit cards and securities business.

The Volkswagen trading partners can finance new and used cars via Volkswagen Bank, however also spare parts and Investments.