Mercedes-Benz Bank

The Mercedes -Benz Bank AG (until 2007 DaimlerChrysler Bank ) is a since 2001, emerged from various activities in the financial sector of DaimlerChrysler AG universal bank and wholly owned subsidiary of financial services firm Daimler Financial Services AG, which is 100 % owned by Daimler AG. The company's shares are not traded, company headquarters is in Stuttgart.

History

The Daimler -Benz AG began in 1967 with the vehicle leasing business and founded in 1979 the Mercedes Leasing GmbH, which passed into financing business in the Mercedes -Benz Financial Inc. with the entry in 1987. In 2000, DaimlerChrysler decided the group's own car bank on the services subsidiary debis, under the name of DaimlerChrysler Bank to expand the universal direct bank. The banking license was granted in July 2002. After the DaimlerChrysler Group in 2007 separated by the Chrysler division and henceforth renamed as Daimler AG, DaimlerChrysler Bank was renamed on 1 January 2008 in Mercedes- Benz Financial Services.

Divisions

The Bank has over one million customers and total assets of 18.1 billion euros, making it one of the leading automotive banks in Germany. The offer includes leasing, financing, vehicle insurance and fleet management. Since July 2002, the Mercedes -Benz Bank offers its customers money market accounts, savings plans, fixed- interest accounts, mutual funds, certificates and credit cards ( MercedesCard ) to.

The Mercedes -Benz Bank financed or leased more than every other car and every other commercial vehicle from Daimler, which is registered in Germany. Distribution partner for financial services around the vehicle, the car dealerships of the vehicle brands of the Daimler Group. The car dealerships nationwide are looked after by the staff in two service centers - private customers since 1997 at the Mercedes -Benz Banking Service GmbH in Saarbrücken, corporate clients since August 2011 at the Mercedes -Benz Bank Service Center GmbH in Berlin. The number of contracts for leasing and financing end of 2010 was 16 billion euros. The care of the direct banking business is carried exclusively at the Mercedes -Benz Banking Service GmbH in Saarbrücken.

Via its subsidiary Daimler Fleet Management GmbH, Mercedes- Benz Bank manages cross-brand 670 passenger car fleets with more than 160,000 contracts. The Mercedes- Benz Charter GmbH, a joint venture between Mercedes -Benz Bank and Mercedes- Benz Sales Organisation Germany, operates the fleet management for commercial vehicles. There are more than 7,500 companies with 65,000 vans, trucks and buses under contract. Overall, the Mercedes -Benz Bank employs around 1,400 people.

Social commitment and sponsoring

The Mercedes -Benz Bank has partnered with the founded by Karlheinz Böhm Ethiopia Help People for people since 2003. She is also the main sponsor of the Stuttgart Theater and support civic engagement.

Since the season 2012/13 is the Mercedes- Benz Bank main and shirt sponsor of the Bundesliga club VfB Stuttgart.

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