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History

History

 

 

  • October 2004

    Establishment of Volkswagen Bank GmbH as a branch of Volkswagen Bank GmbH in Greece. For the first time in the Greek market, private and corporate clients of KOSMOCAR SA, the official importer and distributor of Volkswagen cars (passenger and commercial vehicles) and Audi, with the international quality standards of the German parent company.

  • January 2005

    Establishment of Volkswagen Insurance Brokers as a branch of Volkswagen Insurance Brokers GmbH in Greece. The needs of Volkswagen (for passenger and commercial vehicles) and Audi customers are now covered by tailor-made integrated insurance services

  • May 2007

    Volkswagen Financial Services offers its cooperating merchants financing stock and working capital.

  • November 2007

    Volkswagen Financial Services expands further into the Greek market by developing AutoEuropa Credit, through which it offers its financial and insurance products to brands outside the Group.
     
    Volkswagen Financial Services enters the motorcycle sector by initiating a partnership with the Triumph importer in Greece.

  • 2009

    Expansion in the motorcycle market with new partnerships with Kawasaki, Piaggio, Aprilia, Yamaha, Honda and KTM / Ducati importers.

  • May 2009

    VW Bank enters the Cypriot market by financing all of its brands through the UNICARS Ltd importing company.

  • November 2011

    Merger of Volkswagen Insurance Brokers GmbH to Volkswagen Bank GmbH and utilization of the Group's extensive know-how and experience to provide integrated automotive services.

  • 2012

    The Greek Branch further develops its activities by creating SEAT FINANCIAL SERVICES to offer its financial and insurance products to the customers of the TECHNOKAR SA network (today's AUTOHELLAS ATEE) official SEAT importer in Greece .

  • 2013

    The year that marks a double success: Volkswagen Financial Services creates Ducati Financial Services and ŠKODA Financial Services to offer its high-end services to the owners of their respective established brands through its innovative and flexible financial and insurance programs.

  • 2014

    This year was marked by the sponsorship of the Greek Presidency of the European Council and the celebration of the bank’s 10th anniversary with the "10 in All", an anniversary program with pioneering financial and insurance terms.

  • 2017

    The Greek branch works to develop very competitive service packages in cooperation with Kosmocar.

  • 2018

    VW Bank enters the leasing market 

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