Die Volkswagen Bank GmbH at a glance
| in € million (as of December 31) | 2019 |
2018 | |
| Total assets |
68,445 | 83,042 | |
| Loans and receivables to |
|||
| Retail financing | 35,307 | 29,882 | |
| Dealer financing | 13,588 | 12,162 | |
| Leasing business | 2,752 |
18,829 | |
| Customer deposits | 31,733 | 29,349 | |
| Equity | 10,027 | 11,639 | |
| Operating profit | 757 |
489 | |
| Profit before tax | 785 |
515 | |
| Income tax expense | -226 | -185 | |
| Profit after tax | 560 |
330 | |
| in % (as of December 31) | 2019 | 2018 | |
| Equity ratio | 14.6 | 14.0 | |
| Common Equity Tier 1 capital ratio1 | 15.6 | 15.5 | |
| Tier 1 capital ratio1 | 15.6 | 15.5 | |
| Total capital ratio1 | 15.6 | 15.5 | |
| Number (as of December 31) | 2019 | 2018 | |
| Employees2 | 1,954 | 3,454 |
1 Since January 1, 2019, the volume of deposits has been calculated without cash deposits from Group companies; prioryear
figure restated (previous year: €32,389 million).
2 Regulatory ratios in accordance with Article 92(1) of the CRR.
3 The changes in the number of employees arose from restructuring activities in the Volkswagen Bank GmbH Group.
