Private company

Mercedes-Benz Bank AG

Logo: Mercedes-Benz Bank, Public domain, via Wikimedia Commons4

Universal bank

Mercedes-Benz Bank AG is a universal bank with seat in Stuttgart. Mercedes-Benz Group founded in 1979 the Mercedes Leasing GmbH and in 1987 the Mercedes-Benz Finanz GmbH. The universal bank was founded under the name DaimlerChrysler Bank in 2001 and obtained a banking license in 2002.2 It employed 1,906 people in 2014.1 It is part of Daimler Financial Services.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1967Founded1
  • Industryfinancial services1
  • HeadquartersStuttgart1
  • Websitewww.mercedes-benz-bank.de
  • Legal formAktiengesellschaft1
  • LEI529900DEAYRUPP22B3393
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressSiemensstraße 7, 70469 Stuttgart, Germany3
  • Registered withLocal Court Stuttgart, HRB 229373

See how the biggest companies compare on our leaderboards

Mercedes-Benz Bank Stuttgart
Photo: MSeses, CC BY-SA 4.0, via Wikimedia Commons6

Mercedes-Benz Bank AG is a universal bank with seat in Stuttgart. Mercedes-Benz Group founded in 1979 the Mercedes Leasing GmbH and in 1987 the Mercedes-Benz Finanz GmbH. The universal bank was founded under the name DaimlerChrysler Bank in 2001 and obtained a banking license in 2002. The name was changed to Mercedes-Benz Bank in 2008.2

Corporate structure

Mercedes-Benz Bank AG is part of a group headed by Mercedes-Benz Group. 261 entities, 45 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

The Mercedes-Benz Group AG in 1967 began with the vehicle leasing business and in 1979 founded the Mercedes Leasing GmbH, which became Mercedes-Benz Finanz GmbH in 1987. In 2000 DaimlerChrysler decided to expand the group's own bank through its service subsidiary debis to the universal direct bank DaimlerChrysler Bank. The banking license was granted in July 2002. After the DaimlerChrysler Group in 2007 separated from the Chrysler division and operated as Daimler AG, the DaimlerChrysler Bank was renamed to Mercedes-Benz Bank on January 1, 2008.

From Wikipedia’s article on Mercedes-Benz Bank, shared under CC BY-SA 4.0.5

Products and brands

  • financial services

Listed on Wikidata.1

The bank has over one million customers and a balance sheet total of 19.0 billion euros, making it one of the leading automotive banks in Germany. The offer includes leasing, financing, motor vehicle insurance and fleet management. Since July 2002, Mercedes-Benz Bank has also been offering its customers overnight money accounts, savings plans, fixed interest accounts, investment funds, certificates and credit cards (Mercedescard).

The Mercedes-Benz Bank finances or leases more than every second car and every second commercial vehicle from Daimler that is registered in Germany. Sales partners for the financial services related to the vehicle are the car dealerships of the vehicle brands of the Daimler Group. The car dealerships are looked after nationwide by the employees in two service centers - private customers since 1997 at Mercedes-Benz Banking Service GmbH in Saarbrücken, corporate clients since August 2011 at the Mercedes-Benz Bank Service Center GmbH in Berlin. The lease and financing portfolio stood at € 18.7 billion at the end of 2014. The direct banking business is managed exclusively by Mercedes-Benz Banking Service GmbH in Saarbrücken.

Through its subsidiary Daimler Fleet Management GmbH, the Mercedes-Benz Bank manages around 700 passenger car fleets with more than 280,000 contracts across all brands. Mercedes-Benz CharterWay GmbH, a joint venture of Mercedes-Benz Bank and the Mercedes-Benz sales organization Germany, operates vehicle fleet management for commercial vehicles. There are more than 9,000 companies with vans, trucks and buses under contract.

From Wikipedia’s article on Mercedes-Benz Bank, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

Parent company (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Employees over time

  • 20141,9061

Timeline

  1. Sep 12, 2017Parent Directly consolidated by Mercedes-Benz Group3
  2. 1967Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6