BMW Bank
{{Infobox company
| name = BMW Bank GmbH
| logo =File:BMW logo (gray).svg
| type = GmbH
| industry =
| foundation = 1971
| location = Munich
| products =
| revenue =
| assets = €28 Mrd. ({{small|2018}}){{Cite web|url=https://www.bmwbank.de/_common/downloads/Offenlegungsbericht2018.pdf|title=Offenlegungsbericht 2018|last=|first=|date=|website=bmwbank.de|access-date=24 September 2019}}
| num_employees = 1,309 ({{small|2018}})
| parent =
| homepage = {{URL|http://www.bmwbank.de/}}
}}
The BMW Bank GmbH is a finance service and a company of the BMW Group. The company known under BMW Group Financial Services was founded in 1971 in Munich, Germany.{{Cite web|url=https://thebanks.eu/banks/17522|title=BMW Financial Services Scandinavia AB|last=|first=|date=|website=TheBanks|archive-url=https://web.archive.org/web/20180306202524/https://thebanks.eu/banks/17522|archive-date=6 March 2018|url-status=dead|access-date=6 March 2018}} In 1973, the BMW Leasing GmbH was added – also situated in Munich. The fabricated products are BMW, MINI and Rolls-Royce Motor Cars. Worldwide BMW Group Financial Services are represented in 53 countries with 26 companies and 27 corporations.{{Cite web|url=http://www.direkt-bank.net/bank/bmw-bank|title=BMW Bank|last=|first=|date=|website=Direkt-Bank|archive-url=https://web.archive.org/web/20180306202807/http://www.direkt-bank.net/bank/bmw-bank|archive-date=6 March 2018|url-status=dead|access-date=6 March 2018}}
The range of BMW Group Financial Services includes merchandise funding and financing stockkeeping of automobile and replacement parts for the BMW and MINI retailers as well as purchase funding and financing for automobiles and motorbikes for the customers of the BMW and MINI retailers (Installments and 3-Options-Financing BMW Select). In addition the range also includes the financing of one year-old-used cars as well as the allocation of cash credits. In the area of asset management services the company offers MobilPlan onTop (savings account with car purchase bonus), MobilPlus (call money), fixed deposit, (savings bond), Multimanager Investmentfonds (investment funds), BMW-Card (credit card for BMW-drivers), Online-Tagesgeld (call money), Fonds-Navigator (funds navigator) and Spar + Invest (save + invest), Bonus on Top.
The leasing sector comprises the product line of the leasing businesses with a variety of items for the BMW and MINI retailers, especially for the automobile branch. Optional services like insurance, maintenance and repair can be added. The distribution proceeds via the trading organization of the BMW Group as well as via direct sales in the area of asset management services and Direct Finance.
See also
{{Portal|Banks}}
References
{{Reflist}}
External links
- [http://www.bmwbank.de/ Official Website BMW-Bank]
- [https://web.archive.org/web/20190329100905/https://portal.mvp.bafin.de/database/InstInfo/institutDetails.do?cmd=loadInstitutAction&institutId=104101 BMW Bank at BaFin]
{{BMW}}
{{Authority control}}
Category:Banks established in 1971