Die Volkswagen Bank GmbH at a glance
| in € million (as of December 31) | 2018 |
2017 | |
| Total assets |
83,042 | 78,747 | |
| Loans and receivables to |
|||
| Retail financing | 29,882 | 28,032 | |
| Dealer financing | 12,162 | 12,430 | |
| Leasing business | 18,829 | 18,858 | |
| Customer deposits | 32,389 | 33,583 | |
| Equity | 11,639 | 11,301 | |
| Operating profit | 952 | 994 | |
| Profit before tax | 978 | 992 | |
| Income tax expense | -275 | -336 | |
| Profit after tax | 703 | 656 | |
| in % (as of December 31) | 2018 | 2017 | |
| Equity ratio | 14.0 | 14.4 | |
| Common Equity Tier 1 capital ratio1 | 15.5 | 15.6 | |
| Tier 1 capital ratio1 | 15.5 | 15.6 | |
| Total capital ratio1 | 15.5 | 15.6 | |
| Number (as of December 31) | 2018 | 2017 | |
| Employees2 | 3,454 | 3,594 |
1 Regulatory ratios in accordance to Article 92(1) of the CRR.
2 Due to the restructuring of the Volkswagen Bank GmbH Group, SkoFIN, s.r.o., Czeck Republic, Volkswagen Finans Sverige AB, Sweden and Volkswagen Financial Services (UK) Ltd. United Kingdom, have been part of the Group since 2017.
