Motor finance provider to lend more than €100m to motorists this year

VOLKSWAGEN Bank Ireland will lend out more than €100 million in car finance to Irish motorists this year, a record for the firm.

The bank is also considering expanding its service offering in Ireland to include finance for all costs associated with buying a car.

The bank, which is a division of Volkswagen Financial Services, Europe’s biggest motor finance provider, said that in the first nine months of this year it has provided €91m in vehicle finance packages for Irish consumers.