CA Auto Bank received the “Independent Finance Provider of the Year” at the Motor Finance Europe Awards 2023. This event, now in its 9th year, brought together the key players in European auto finance in Vienna on October 19 and 20.
The prestigious award acknowledges CA Auto Bank as a unique success story
, in its role as the only European, independent, multi-brand mobility bank with the expertise and experience of a true captive honed over nearly a century of operation.
Officially established in April 2023, CA Auto Bank has already garnered the trust of numerous new partners, including 45 automotive brands and approximately 10,000 dealers. In its first quarter of operation, it achieved €3.7 billion in retail financing volumes at the European level and had, at the end of this period, a €24.7 billion loan and lease portfolio, marking a 20 percent increase from the previous year when it operated as a captive.