Question 1

What is Siemens Financial Services?

Accepted Answer

Siemens Financial Services is the Norwegian branch of Siemens Financial Services GmbH, the financial services division of the German Siemens company. Operating as a "norskregistrert utenlandsk foretak" (Norwegian-registered foreign enterprise), the branch provides international business-to-business financing solutions. Siemens Financial Services serves both Siemens entities and external clients primarily in the energy, industry, healthcare, and infrastructure sectors.

Question 2

When was Siemens Financial Services founded?

Accepted Answer

The Norwegian branch of Siemens Financial Services was authorized on November 20, 2013. The parent organization, Siemens Financial Services GmbH, was established in October 1997 when the Siemens Group consolidated its financial activities into a single organizational unit. The global network has grown significantly since then, expanding into emerging markets and obtaining banking licenses in various jurisdictions.

Question 3

Where is Siemens Financial Services headquartered?

Accepted Answer

Siemens Financial Services Norway is headquartered in Oslo at Østre Aker vei 88, 0596 Oslo (previously at Standardveien 105).

Question 4

Where does Siemens Financial Services operate?

Accepted Answer

Siemens Financial Services operates throughout Norway from its Oslo headquarters. The branch serves clients across the country who require equipment financing, project financing, and other financial solutions related to business operations, particularly in sectors where Siemens has operational presence.

Question 5

What services does Siemens Financial Services offer?

Accepted Answer

Siemens Financial Services provides comprehensive business-to-business financing solutions including equipment and asset financing, leasing, alternative forms of financing, project financing, and equity participations. The branch specializes in financing infrastructure, equipment, and working capital investments for corporate clients. Services include trade finance, payment solutions, and financial risk management. The branch acts as a financial partner for businesses needing capital for acquisitions, modernization, or expansion, with particular expertise in sectors such as energy, industry, healthcare, and infrastructure.

Question 6

What makes Siemens Financial Services unique?

Accepted Answer

Siemens Financial Services distinguishes itself by serving as a specialized financial arm of one of the world's largest industrial conglomerates. The branch operates globally with approximately 3,150 employees worldwide as part of the Siemens Financial Services network. This connection provides clients with access to deep industry expertise and tailored financial solutions specifically designed for equipment-intensive businesses. As part of Siemens AG, the financial services division can leverage the parent company's extensive knowledge of technology, manufacturing, and infrastructure sectors to structure sophisticated financing arrangements.

Question 7

What type of financial institution is Siemens Financial Services?

Accepted Answer

Siemens Financial Services Norway is an EEA branch of a foreign credit institution, specifically operating as a "norskregistrert utenlandsk foretak." This classification indicates it is a Norwegian-registered branch of a foreign enterprise. The parent entity in Germany holds a banking license (Siemens Bank GmbH received its German banking license in 2010), allowing the network to provide comprehensive financial services including loans, leasing, and guarantees. The branch specializes in non-banking financial company (NBFC) type activities with a focus on equipment financing and industrial lending.

Siemens Financial Services

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About Siemens Financial Services in Norway