What is a captive leasing bank?
Captive leasing banks are companies that specialise in providing leasing solutions and are bound to specific car manufacturers, either by being subsidiaries of the manufacturer, being in an exclusivity contract with the manufacturer, or by acting as a parallel importer.
Examples in Switzerland for captive leasing banks include AMAG Leasing, MultiLease (Emil Frey), BMW Financial Services, or Mercedes-Benz Financial Services.