Germany

Commercial brand Consors Finanz, Von Essen Bank History and Business activities BNP Paribas Personal Finance has had a presence in Germany since 2001, firstly by launching Cetelem Bank through the acquisition of WKV Bank, a local Bavarian bank. In 2005 the bank was rebranded into Dresdner Cetelem Kreditbank. Following the acquisition of Dresdner Bank by […]

Commercial brand

Consors Finanz, Von Essen Bank

History and Business activities

BNP Paribas Personal Finance has had a presence in Germany since 2001, firstly by launching Cetelem Bank through the acquisition of WKV Bank, a local Bavarian bank. In 2005 the bank was rebranded into Dresdner Cetelem Kreditbank. Following the acquisition of Dresdner Bank by Commerzbank in 2010, the bank was acting under the brand name Commerz Finanz, 50.1% owned by BNP Paribas Personal Finance and 49.9% by Commerzbank. Since August 2017, the bank occurs under the new brand Consors Finanz. At this time BNP Paribas is 100 % shareholder. Since January 2018, Consors Finanz is integrated in BNP Paribas S.A. Niederlassung (branch) Germany.

Consors Finanz is one of the leading consumer finance providers in Germany. The focus of the company is on the granting of personal loans, in particular retail financing for sales retail and e-commerce, as well as for car, caravan and motorcycle dealers.

The product portfolio includes instalment loans, revolving credit cards, amortization loans as well as insurance products, working with cooperation partners. Business partners are retail companies of all sizes, banks and insurance companies.

BNP Paribas Personal Finance is also in Germany with Von Essen Bank which proposes financing solutions for all the situations that the customers’ needs: consumer credit, consumer finance, loan consolidation, and mortgage.

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