Consors Finance
| Consors Finance | |
|---|---|
| owner | BNP Paribas SA branch in Germany |
| Introductory year | 2017 |
| Products | Consumer credit, payment cards |
| Markets | Germany |
| Website | www.consorsfinanz.de |
Consors Finanz is a registered trademark of BNP Paribas SA Niederlassung Deutschland (stock corporation under French law). The company's focus is on granting consumer loans, in particular sales financing in retail and online trading as well as in car, caravan and motorcycle stores.
The product portfolio includes installment loans, card products with credit limits and bullet loans as well as supplementary insurance and additional products in cooperation with cooperation partners. Distribution partners are trading companies of all sizes, banks and insurance companies.
Unit sales of consumer loans via direct cooperation with trading partners, the financing products as a tool for promotion use, as well as banks , insurance companies , organizations and institutions to its consumer finance business through the financial Consors as outsourcing can handle -Partner.
The bank publishes annual representative studies on consumer behavior in Europe . Under the title “Consumer Barometer - Europe”, the previous year's market volumes are compared with the future purchase intentions of more than 10,000 surveyed consumers . Each year there is also a focus topic. In 2016 the company dealt with the "Generation 50+: The Golden Age of the Silver Economy?"
The "Automobile Barometer - International" examines the trends in consumer behavior in the automobile industry. The study from 2016 dealt with the topic "Connected and autonomous driving. What do consumers expect?"
The company is a member of the Association of German Banks .
It is also a member of the banking association and has committed itself to the high standards of lending defined there.
history
In 2001, Cetelem SA acquired 70% of what was then WKV Bank in Munich and founded Cetelem Bank GmbH. The bank was a joint venture of BNP Paribas Personal Finance SA (formerly Cetelem SA) and the Dresdner Bank AG . In 2005 a stake of 50.1% in BNP Paribas Personal Finance SA and 49.9% in Dresdner Bank was agreed and the Cetelem Bank renamed Dresdner-Cetelem Kreditbank GmbH. As a result of the merger of Dresdner Bank with Commerzbank, the shares were transferred to Commerzbank AG in May 2009. At the beginning of June 2010, Dresdner-Cetelem Kreditbank changed its name to Commerz Finanz.
In August 2017, BNP Paribas Personal Finance and Commerzbank split. BNP Paribas will continue the business activities of Commerz Finanz as the new 100% shareholder. With the introduction of the Consors Finanz brand, it bundles sales financing solutions for retail and online trading as well as for car, caravan and motorcycle houses in Germany. In April 2019 Von Essen Bank was integrated into Consors Finanz.
Web links
Individual evidence
- ↑ New brand identity: Dresdner-Cetelem Kreditbank becomes Commerz Finanz. June 2, 2010, accessed October 8, 2017 (press release).
Coordinates: 48 ° 8 ′ 14.2 " N , 11 ° 33 ′ 36.8" E