TSI Partners

Bank11 für Privatkunden und Handel GmbH
Hammer Landstraße 91 
41460 Neuss
Germany

Tel: +49 (0)2131 6098-0
Fax: +49 (0)2131 6098-133

E-mail: mailemail@webbank11.de

Contact for securitisation

Michael Schubach
Head of Treasury & Funding

Tel: +49 (0)2131 3877-451
E-mail:
 michael.schubachemail@webbank11.de

Sandra Ebert
Head of Finance

Tel: +49 (0)2131 3877-221
E-mail:
 sandra.ebertemail@webbank11.de

Ralf Schmitt
Team manager Controlling & Reporting

Tel: +49 (0)2131 3877-228
E-mail: ralf.schmittemail@webbank11.de

 

About Bank11

Bank11 is a credit institution specializing in sales financing and supports small and medium-sized motor vehicle retailers with competitive mobility and insurance offers. The sole shareholder of Bank11 is the Werhahn Group (www.werhahn.de) based in Neuss (North Rhine-Westphalia). The owner of Bank11 is a family business that has been operating for over 175 years. Bank11 provides simple and reasonably priced financing products for end customers and solid liquidity solutions for car dealers. Funding is largely done through the deposit business with private customers and institutional customers. Further funding pillars are securitization transactions and credit lines from commercial banks.

Bank11 has been structuring securitization transactions via the RevoCar platform since 2014 in order to generate ECB-eligible collateral. From 2017, in addition to the goal of cheap ECB refinancing, the goal of equity management was also pursued. Since 2018, the senior tranches of the ABS transactions have been marketed to external investors via private placements.