Home Credit and Finance Bank – IFRS results for the twelve month period ended 31 December 2008: Increase in net profit of 85% reflects robustness of HCFB business model in a challenging economic environment

18.3.2009 – Home Credit Finance Bank (“HCFB” or “the Bank”), rated Moody’s Ba3/NP/D-, SP B+/B, and one of the leading banks specializing in consumer banking in Russia, announces its financial results for the twelve month period ended 31 December 2008 in accordance with International Financial and Reporting Standards (IFRS).