Archive for October, 2006
2.10.2006 – PPF Group announces the appointment of Alexander Labak into the newly created position of Chief Executive Officer and Managing Partner of the Home Credit Group, a leading consumer finance provider in Central & East Europe.
6.4.2006 – Home Credit & Finance Bank (“HCFB”) [Moody´s Ba3/NP/D-, S&P B-/C],one of the leading providers of consumer credit in Russia, announces its financial results for the year ended 31st December 2005 in accordance with International Financial and Reporting Standards (IFRS).
Home Credit & Finance Bank (“HCFB”) [Moody´s Ba3/NP/D-, S&P B-/C],one of the leading providers of consumer credit in Russia, announces its financial results for the year ended 31st December 2005 in accordance with International Financial and Reporting Standards (IFRS).
19.10.2006 – Home Credit & Finance Bank (Moody’s Ba3/NP/D-, S&P B/C), a leading consumer finance provider in Russia, successfully placed its fourth domestic bond issue for the aggregate nominal amount of RUB 3 billion. The bonds, which have a nominal value of RUB 1,000 each, have been issued at par, will mature in October 2011 and carry a put option for investors exercisable in October 2008 at par. This represents Home Credit & Finance Bank’s 4th domestic bond issue, and demonstrates the strong support for the Bank’s strategy and further enhances its platform for profitable growth.
Home Credit announces successful entry into the Kazakhstani consumer finance market
Posted by: | Comments9.1.2006 – Having successfully served more than six million customers in Central Europe and Russia over the past eight years, the international Home Credit Group confirmed today that it had successfully entered the consumer credit market in Kazakhstan. Since the commencement of operations in the middle of December 2005, the company has granted approximately 1,400 consumer loans to citizens of Kazakhstan.
HCFB reports significant increase in net interest income for 3 months ended
Posted by: | Comments30.5.2006 – Home Credit & Finance Bank (“HCFB”) [Moody´s Ba3/NP/D-, S&P B-/C], one of the leading providers of consumer credit in Russia, announces its financial results for the three months ended 31st March 2006 in accordance with International Financial and Reporting Standards (IFRS).
6.4.2006 – Home Credit & Finance Bank (“HCFB”) [Moody´s Ba3/NP/D-, S&P B-/C],one of the leading providers of consumer credit in Russia, announces its financial results for the year ended 31st December 2005 in accordance with International Financial and Reporting Standards (IFRS).
Home Credit & Finance Bank (“HCFB”) [Moody´s Ba3/NP/D-, S&P B-/C],one of the leading providers of consumer credit in Russia, announces its financial results for the year ended 31st December 2005 in accordance with International Financial and Reporting Standards (IFRS).
Home Credit enters the Ukrainian market via double acquisition
Posted by: | Comments28.7.2006 – The international consumer finance specialist Home Credit Group is set to enter the Ukrainian market via the acquisition of two of Ukraine’s dynamically growing financial services companies. Home Credit intends to provide a range of affordable and uncomplicated financial services products to consumers across the country. Home Credit Group, currently operating in the Czech Republic, Slovakia, the Russian Federation and Kazakhstan, is a member of the international financial group PPF. The core business of the individual Home Credit Group companies is the provision of consumer finance products involving consumer and revolving credits.