GEFA BANK GmbH products, services and reviews

About GEFA BANK GmbH

GEFA BANK GmbH is a German credit institution headquartered in Wuppertal and part of Société Générale via its Societe Generale Equipment Finance unit. Originating from GEFA, founded in 1949, the bank focuses on asset-based financing for businesses, including leasing, hire purchase, and loans for commercial vehicles, industrial equipment, construction and agricultural machinery, IT, and medical technology, and it runs vendor finance programs with manufacturers and dealers. It funds its operations in part through customer deposits and offers savings products to private and corporate clients—principally overnight (call) money and fixed-term deposits—distributed directly online and via deposit marketplaces; it does not operate as a full-service retail bank, and payment accounts or cards are not core to the offering. Deposits are covered by the German statutory deposit guarantee scheme (Entschädigungseinrichtung deutscher Banken) up to EUR 100,000 per depositor per bank; the institution is supervised by BaFin and the Deutsche Bundesbank. Pricing on deposits is published by the bank and varies with market rates and maturities; term deposits generally pay interest at maturity and early withdrawals are typically not permitted. On the corporate side, underwriting centers on the financed asset and the borrower’s cash flows, with exposures concentrated in cyclical sectors such as transport and manufacturing; collateralization and residual value management are key risk mitigants. The bank’s legal form is GmbH and it operates primarily in Germany, leveraging the parent group’s equipment finance infrastructure and vendor networks.