The division finances infrastructure, equipment as well as working capital investments, and acts as a manager of financial risks within Siemens AG.

The network of financing companies coordinated by Siemens Financial Services GmbH in Munich comprises about 3,150 employees worldwide.

In addition to developing the financial business, the main focus at the time was to increase transparency for investors – by creating a separate financing balance sheet.

SFS was also put in charge of Siemens’ treasury and payment-transaction solutions[buzzword] as well as of the financial management of pension assets.

In addition to the expansion of business operations, SFS’ international presence has grown (including the acquisition of Schroder Leasing in Great Britain in 2000).