Mercedes-Benz Bank will provide over €2.5
billion for Daimler’s leasing and financing activities in the UK,
it has been reported. Mercedes-Benz Bank will provide Daimler with
some €5 billion of the refinancing Daimler needs this year.
billion for Daimler’s leasing and financing activities in the UK,
it has been reported. Mercedes-Benz Bank will provide Daimler with
some €5 billion of the refinancing Daimler needs this year.
It is expected that the banking arm will provide €2.5 billion
for Daimler’s German leasing business.
According to the German business daily Handelsblatt, the bank’s
CEO Peter Zieringer has confirmed that and a slightly larger
amount for leasing and financing activities in the UK.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Zieringer also confirmed that the bank does not need any state
guarantees, thanks to its high liquidity.
