Toyota Credit Bank
| Toyota Kreditbank GmbH | |
|---|---|
| Country |
 Germany
|
| Seat | Cologne |
| legal form | GmbH |
| Bank code | 370 204 00 |
| BIC | TOBA DE33 XXX |
| founding | April 14, 1988 |
| Association | Banking association |
| Website | www.toyota.de/finanzdienste |
| Business data 2018/2019 | |
| Total assets | 11.1 billion euros |
| insoles | 5.0 billion euros |
| Customer credit | 6.8 billion euros |
| Employee | 489 (including 250 in Germany) |
| Offices | 7th |
| management | |
| Corporate management |
Christian Ruben |
The Toyota Kreditbank GmbH (TKG) is a German bank based in Cologne , was established on 14 April 1988th The headquarters of the company is located together with the German importer Toyota Deutschland on Toyota-Allee in Cologne-Marsdorf. The credit institute is a wholly owned subsidiary of Toyota Financial Services Corporation , Nagoya, and thus part of the Toyota Group, headquartered in Toyota, Japan.
Business areas
Toyota Kreditbank is a German car Bank , the new cars vehicles of Toyota and Lexus financed for used cars mainly Toyota and Lexus vehicles. The range of services corresponds to that of a specialist bank, as the business model is largely geared towards sales and dealer financing for the relevant brands. As a result, business development is essentially dependent on the development of car sales in the business area. The sales financing of the Toyota Kreditbank Group is in competition with other specialist banks as well as universal banks and savings banks. The range of financing products in Germany includes loan agreements, final installment financing and the sale of leasing products. The product range is being expanded to include package products that are offered in cooperation with Toyota Insurance Management SE, Cologne and Aioi Nissay Dowa Life Insurance of Europe AG, Ismaning, and with Toyota Motor Europe SA / NV Brussels / Belgium.
Locations
TKG operates in Europe with branches in France, Sweden, Spain, Norway, Portugal and two subsidiaries in Poland and Russia. In addition, Koromo SA, Luxembourg, is the special purpose vehicle of the TKG. The shareholders in the special purpose vehicle are three Dutch foundations. In addition to TKG, Toyota Financial Services UK also operates as a sister institution with several offices in Europe.
Comparison with other automobile banks
TKG took 71st place among the 100 largest German credit institutions in 2018. TKG was the fourth largest among the German automotive banks after Volkswagen Bank , Mercedes Benz Bank and BMW Bank with total assets of nine billion euros.
Web links
- Toyota Kreditbank website
- Toyota Kreditbank in the company database of BaFin
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ Annual report for the financial year April 1, 2018 to March 31, 2019 in the Federal Gazette at http://www.bundesanzeiger.de/
- ↑ Olga Baumgarten: 25 years of Toyota Kreditbank. Retrieved January 19, 2020 .
- ↑ a b Federal Gazette: Toyota Kreditbank annual financial statements 2018/2019 .
- ↑ Peter Pollhammer: Positioning of the automobile banks with the help of the European passport - a successful model . In: Frank Stenner (Ed.): Handbook Automobile Banks: Financial Services for Mobility . Springer, 2015, p. 148 .
- ↑ Harald Kuck: Top 100 of the German banking industry - Consolidation has started . Bank-Verlag, Cologne 2019, p. 8-17 .
Coordinates: 50 ° 54 '55.4 " N , 6 ° 51' 55.2" E