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VR DISKONTBANK belongs to the cooperative financial network (i.e. the FinanzVerbund) of the German Volksbanken and Raiffeisenbanken. In other words, it is an integral part of the country’s credit union community. In 2007, the FinanzVerbund had a balance sheet total of 961 billion euro, and employed a workforce of over 190,000. It can therefore claim to be a major player in the German economy.
VR DISKONTBANK
VR DISKONTBANK GmbH is a specialist bank within the VR LEASING Group, and a reliable and efficient partner in the sales- and purchase-financing sectors. Its other main activitie is the bank-supported central-settlement services for retail buying associations/cooperatives. It has been active in this central-settlement segment for over thirty years, and has long since established itself as the German market leader. VR DISKONTBANK’s business activities is focused either directly or indirectly on providing services for medium-sized trading houses. While it markets its central-settlement productes directly under its own name, it offers its sales- and purchase-financing services under the name of its parent company VR-LEASING AG, since VR LEASING is involved in the ongoing development of these last-named products. VR DISKONTBANK also performs several other important functions within the VR LEASING Group. A number of critically important resources have been bundled in the bank, which has been made the Group’s financial-competence and credit-services centre.
VR LEASING
The VR LEASING Group is the FinanzVerbund’s specialist provider of innovative financing solutions for medium-sized companies in Europe. With its detailed knowledge of the marketplace, and its know-how in the financing of investments in vehicles, machinery, ICT equipment and real estate, the Group’s services are today much in demand. It has entered into marketing partnerships and cooperation agreements with around 1,100 Volksbanks and Raiffeisenbanks, and also works closely together with more than 2,500 medium-sized trading houses and manufacturing companies. The VR LEASING Group’s modular product portfolio covers just about every conceivable sales- and investment-financing scenario, from purchase financing and leasing- or credit-based investment financing to factoring. All of its products are supported by the wide range of ancillary services it is also able to offer. The Group’s Partner-Online systems increase marketing efficiency at the point of sale, since they allow VR LEASING and its partners to pass on their intelligent financing solutions to the customer at the press of a computer key.
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