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Latest Mercedes-Benz News

Daimler Financial Services launches bank in Russia

With the establishment of its own bank, Daimler Financial Services, the financial services provider of Daimler AG, will be moving into the fast-growing vehicle and consumer credit markets in Russia. DaimlerChrysler Bank Rus, which will be renamed Mercedes-Benz Bank Rus upon approval by Russia’s central bank, will offer car loans for private and commercial customers in the country. The new bank will officially open in Moscow on November 7, 2007. Daimler Financial Services’ entry into the car loan business will round out the company’s product portfolio in Russia. “The establishment of the new bank will make us the first foreign automaker to have its own bank and its own leasing… Continue Reading »

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