Description

Cembra Money Bank AG is a financial institution based in Zurich, Switzerland, specializing in a wide array of consumer finance solutions. The company serves a diverse clientele, including private individuals, self-employed professionals, and small to medium-sized enterprises (SMEs). Its extensive product portfolio features various financing options such as personal, consumer, and business loans. Cembra also provides vehicle financing through auto loans and leasing services for new and pre-owned vehicles, encompassing cars, light commercial vehicles, motorcycles, and caravans. Additionally, it offers corporate leasing and business financing solutions, including invoice financing, under its Cembra Business brand for small businesses. Beyond lending, Cembra provides savings instruments like deposit accounts and medium-term notes, along with investment products. The bank is a prominent issuer of credit cards, offering related services such as mobile payment, e-services, and card protection insurance. Furthermore, it supplies a suite of financial protection plans designed to cover eventualities like involuntary unemployment, accidents, illness, or disability, in addition to travel and flight insurance products. Cembra engages with its customers through a multifaceted distribution network. This includes its physical branch locations, digital platforms, strategic alliances with credit card partners and independent intermediaries, and a significant network of approximately 4,000 car dealerships. Founded in 1912, the company adopted its current name, Cembra Money Bank AG, in October 2013, having previously been known as GE Money Bank Aktiengesellschaft.