Volkswagen Financial Services are a division of Volkswagen AG represented across the world through many different companies in the business segments of banking, leasing, insurance and services, mobility and payment.
Banking operations within the European Economic Area (EEA) are carried out by Volkswagen Bank GmbH, a wholly-owned subsidiary of Volkswagen AG, whereas the banking and lending business outside the EEA is managed by Volkswagen Financial Services AG, which is also a wholly-owned subsidiary of Volkswagen AG and a sister company of Volkswagen Bank GmbH. In addition, Volkswagen Financial Services AG and its subsidiaries operate worldwide in the fields of leasing and insurance, vehicle-related services, mobility and payment.
Volkswagen Credit Inc. is the Volkswagen AG subsidiary responsible for the lending and leasing business in the USA and Canada. Porsche Financial Services GmbH, a further sister company of Volkswagen Financial Services AG and Volkswagen Bank GmbH, conducts all lending and leasing business for the Porsche brand.
In its capacity as a joint venture between Volkswagen Bank GmbH and Volkswagen Financial Services AG, Volkswagen Financial Services Digital Solutions provides IT, customer and processing services along with document management services to its parent companies.