Miele Credit

Credit plus Bank 2012 increased profits in the first half of the year in contrast to the previous year to 21 percent. The credit plus Bank could again increase its profits. In the first half of the year, the Bank in all business areas showed a significant increase. Especially in the area of consumer credit, the Bank could accept a positive development. Also in the area of car loans, credit plus a significant success achieved. The Bank’s total assets increased compared to 21 per cent. Total assets amounted to 2524 million euro in the first half of 2011, 2092 million euro in the previous year. The Bank also in the volume of new business showed a positive trend.

The credit provider is able to expand its volume of new business by more than 13 percent. The Bank’s earnings amounted to EUR 15.6 million after taxes. The credit plus in the field of car financing achieved a great success. The Bank managed to increase a business volume by 22%. In particular the cooperation with the Ford Bank and the connection to the Suzuki International GmbH have contributed this This area of financing is especially thriving.

Also, increased the volume of new business in relation to the loan for furniture by 12 percent, also in the area of financing of electrical appliances, the Bank achieved an increase of 25 percent. Success in the area of which is electrical appliance financing due to cooperation with Apple and Miele. Finally, the online business is in the positive trend especially taken into account. In the area of online lending growth achieved by 12 percent, thus the credit plus now, business is one of the ten best sellers in the online credit. The significant increase in profit is in the first half of the credit plus Bank optimistic. In the second half of it is at the Bank by an increase. The bank holding back for the time being with adventurous forecasts, as also the refinancing costs rise again for a few months. In addition to the positive figures, the credit plus Bank can be happy also about a renewed award. The credit plus has been the stock market online and n-tv awarded best specialist Bank for instalment loans. A survey of more than 35000 customers was based on the excellent result.