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Porsche Bank dodges residual risk with Austrian auto ABS

Porsche Bank dodges residual risk with Austrian auto ABS
globalcapital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcapital.com Daily Mail and Mail on Sunday newspapers.

Tom Brown , Porsche Bank , டோம் பழுப்பு , போர்‌ஶெ வங்கி ,

VBV Vorsorgekasse takes over severance pay of Porsche employees


The VBV Vorsorgekasse is responsible for the mandatory part of occupational pensions, the so-called Abfertigung Neu.
The 7,000 employees of Porsche Inter Auto, Porsche Holding, Porsche Konstruktionen, Porsche Informatik, Porsche Bank, Volkswagen Insurance Service and the car rental service ARAC, will move to the VBV Vorsorgekasse from the current provider Bonus Vorsorgekasse.
“Porsche is one of numerous new customers [for us] in the current financial year,” said Andreas Zakostelsky, general director of the VBV Group and chief executive officer of VBV Vorsorgekasse.
The performance of the VBV Vorsorgekasse was a decisive element to take on board new customers, he added. VBV Vorsorgekasse achieved performance figures of 6.8% in the last year. ....

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