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Volkswagen Bank S.A. (Mexico)

Main Activities: Commercial Banking
Full name: Volkswagen Bank S.A. Institucion de Banca Multiple Profile Updated: February 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Volkswagen Bank S.A., Institución de Banca Múltiple, located in Cuautlancingo, offers a balanced combination of deposit accounts and term investments without account management fees or annual fees. They provide the opportunity to carry out operations via telephone with high security standards. As they do not have branches, they eliminate costs and offer investment options. Additionally, they offer automotive financing products that allow customers to drive a vehicle from the Volkswagen Group.

Headquarters
Autopista Mexico Puebla Km 116 Mas 900, Col. San Lorenzo Almecatla
Cuautlancingo; Puebla; Postal Code: 72700

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Website: http://www.vwb.com.mx/content/sites/vwcorporate/vwb_com_mx/es/inicio.html

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
October 17, 2007
Key Executives
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Finance Officer
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General Manager
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Division Manager
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Division Manager
Ownership Details
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100%
Subsidiaries
Volkswagen Servicios S.A. De C.V.
Company Performance
Financial values in the chart are available after Volkswagen Bank S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net interest income
13.07%
Net fee and commission income
42.05%
Operating profit (EBIT)
36.29%
Net Profit (Loss) for the Period
8.95%
Total assets
28.27%
Total equity
11.67%
Cost to Income Ratio
-11.48%
Loans to Deposits Ratio
166832.05%
Loans to Asset Ratio
0.1%

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