Home Credit B.V. is an international non-bank financial institution founded in 1997 in the Czech Republic. The company operates in 14 countries and focuses on lending primarily to people with little or no credit history. As of 2016 the company has over 15 million active customers, with two-thirds of them in Asia and 7.3 million in China. Major shareholder of company is with 88.62% PPF.
In 1999 Home Credit a.s. was founded in the Czech Republic and in 1999 company expanded to Slovakia. In 2000s company started to expand to Commonwealth of Independent States countries - Russia, Kazakhstan, Ukraine and Belarus. As of 2007 the company was the second largest consumer lender in Russia. In 2010s company expanded to Asia - China, India, Indonesia, Philippines and Vietnam. In 2010 the company was first foreign company to set up as a consumer finance lender in China. In 2015 company launched its operations in the United States of America through a partnership with Sprint Corporation.
Video Home Credit
References
Maps Home Credit
External links
- Official website
Source of the article : Wikipedia