OPEL BANK SA, SUCC. ITAL.

OPEL BANK SA, SUCC. ITAL. is the Italian branch of Opel Bank S.A., a Luxembourg credit institution linked to the Opel automotive brand. In Italy it operates primarily as a captive lender, offering consumer auto loans, personal contract purchase and leasing, dealer financing, and distributing ancillary insurance and service products through the dealer network and digital channels. It is not positioned as a universal retail bank; current accounts, cards and everyday payment services are outside its core offer, and it does not widely market retail deposits locally. Pricing on financing is campaign-driven and varies by vehicle, term and customer profile; contracts disclose APR (TAEG), fees and any balloon or residual values, with early-repayment compensation, late-payment interest and administrative charges applied within the limits set by Italian consumer credit rules. Credit decisions are standardized and rely on income documentation and credit-bureau data under GDPR. As an EU branch, prudential supervision is led by the Luxembourg home authority, while conduct oversight in Italy involves the Bank of Italy and, for insurance mediation, IVASS. Documentation follows SECCI pre-contractual templates, and servicing is handled via digital channels, call centers and the dealer network rather than a retail branch footprint. Stellantis has been reorganizing its European captive finance activities, so branding and product availability may evolve as certain portfolios transition to Stellantis Financial Services.