Porsche Bank Aktiengesellschaft

Porsche Bank Aktiengesellschaft (Porsche Bank AG) is an Austrian captive finance institution headquartered in Salzburg and part of Porsche Holding GmbH, which has been wholly owned by Volkswagen Group since 2011; the bank focuses on financing, leasing, insurance brokerage, dealer financing, and fleet services primarily for Volkswagen Group brands distributed through the Porsche Holding dealer network. It holds a universal banking license in Austria, is supervised by the Financial Market Authority (FMA) and the Oesterreichische Nationalbank, and participates in the statutory Austrian deposit guarantee scheme (Einlagensicherung Austria Ges.m.b.H.), which protects eligible deposits up to the legal limit per depositor. On the funding side, Porsche Bank complements wholesale sources with retail deposits, offering online savings and term deposit products in Austria; product terms and availability may differ by market. The bank operates mainly in Austria with affiliated companies across several Central and Eastern European countries, aligning its lending portfolio with vehicle financing and leasing rather than broad retail banking; it typically does not provide current accounts or everyday payment services. Distribution is integrated with the dealer network and supported by online onboarding for deposits and financing applications, with standard online account management tools. Risk exposure is concentrated in automotive finance and the Volkswagen Group ecosystem, with credit risk tied to consumer and dealer performance; capital and risk disclosures are published under CRR/CRD rules in annual reports. Despite the shared name, Porsche Bank AG is linked to Porsche Holding Salzburg (the Volkswagen Group’s retail and distribution arm) and not to the separately listed sports car manufacturer Porsche AG.