Home Credit & Finance Bank announces successful closing of the first-ever securitization of a credit card receivables portfolio in Russia

28.8.2007 – Landmark transaction for the Russian consumer finance market sees securitization of a new asset class – credit card receivables. Home Credit & Finance Bank LLC (Moody’s Ba3/NP/D-, S&P B+/B), one
of the leading banks specializing in consumer banking in Russia, has announced the successful
closing of the first-ever asset-backed transaction for a Russian credit cards receivables portfolio (the “Securitization”).