Home Credit Group

Home Credit Group (HCBV) is the leading consumer finance provider in Central and Eastern Europe (CEE), the Commonwealth of Independent States (CIS). It has built its reputation as a pioneer by successfully expanding into new, emerging markets and scaling up its existing operations to help realise its growth potential.

Home Credit Group offers four basic types of products:

• Point of sales (POS) loans;
• Revolving loans (revolving cards and credit cards);
• Non-purpose-bound cash loans; and
• Current accounts and deposit-based products.

In addition, as an agent, it offers an accompanying insurance programme for each of these four basic products. In selected markets, Home Credit also offers car loans.

Group structure

Home Credit B.V. is the holding company of the Home Credit Group companies that operate in the consumer finance markets in the Czech Republic, Slovakia, Russia and Belarus. Home Credit B.V. is also a minority shareholder of AO Home Credit Bank in Kazakhstan, which has fully implemented Home Credit brand's business model. AO Home Credit Bank is an independent bank, which is not managed by Home Credit Group.

Home Credit B.V.'s core business is managing, financing, and investing in other Group companies. It also owns Home Credit International a.s., which is based in the Czech Republic and provides centralised IT and business support services to country management in key areas. Home Credit B.V. is 100% owned by PPF Group N.V.

Other countries where the PPF Group provides consumer financing:

• Home Credit's China operations are controlled through HC Asia N.V., a holding company headquartered in the Netherlands, which is 100% owned by PPF Group N.V.
• Consumer finance operations in the city of Tianjin on the northeastern coast of China are run under the licence awarded to PPF Group N.V. by the China Banking Regulatory Commission.
• Home Credit's brand in Vietnam is represented by PPF Vietnam Finance Company Ltd., which has adopted Home Credit's established business model and is 100% owned by PPF Group N.V.

External links

• Home Credit