As a subsidiary of Groupe Renault, RCI Bank and Services provides financing and automobile services for the Renault group around the world and for the Nissan group principally in Europe, South America, South Korea and in the form of joint ventures in Russia and India. Net assets for RCI Bank and Services at the end of June 2017 were €41 billion.
Jérôme Stoll, President Renault Sport Racing:
‘’The arrival of RCI Bank and Services is excellent news for Renault Sport Formula One Team. The extraordinary marketing platform represented by Formula 1 makes it possible to publicise and grow Groupe Renault in all its dimensions and in particular its financial and service activities. We share the same passion for mobility, performance and innovation with RCI Bank and Services, so this partnership is logical and mutually beneficial. We are proud to accompany RCI Bank and Services in its international development.”
Gianluca de Ficchy, Managing Director RCI Bank and Services:
“The goal of RCI Bank and Services is to facilitate the automobile use of Alliance brand customers. In joining Renault Sport Formula One Team, we will participate in a genuine technological and human adventure. This partnership will allow us to grow our presence and support our international growth. It will also contribute to our ambition to develop new automotive mobility services to become one of the key players in this market.”
About RCI Banque S.A.:
Created and wholly owned by Groupe Renault, RCI Banque S.A. is a French bank specializing in automotive financing and services for Groupe Renault customers and dealer networks (Renault, Renault Samsung Motors and Dacia) throughout the world, and for the Nissan Group (Nissan, Infiniti and Datsun), mainly in Europe, South America, South Korea and in the form of joint-ventures in Russia and India.
RCI Bank and Services is the new commercial identity of RCI Banque as of February 2016.
With over 3,300 employees in 36 countries, RCI Bank and Services financed over 1.56 million contracts (new and used vehicles) in 2016 and sold more than 3.4 million services.
APAs totaled €33.3 billion in financing at end-December 2016, and pre-tax income was €912 million at end-December 2016.
Since 2012, RCI Bank and Services has been collecting retail deposits in four countries. At end-December 2016, the net amount of deposits collected came to €12.6 billion, or 33% of the company’s assets.
Find out more about RCI Bank and Services at www.rcibs.com