Home Credit India (HCIN), a local arm of the international consumer credit provider with operations spanning Europe and Asia, today announced the appointment of Harshita Khanna as Chief People Officer, responsible for management of the human resources sector for its activities in India. In this role, Harshita will be responsibleRead More →
As the second wave of COVID-19 proves to be highly volatile and begins to prove fatal beyond imagination, the irreparable loss of human life we are witnessing in and around our daily lives has created a void enormous that cannot be filled. With the aim of bringing aid to theRead More →
New Delhi, May 13 (IANS) Home Credit India is supporting its employees with a series of financial and medical assistance measures that ensure the lives of employees and their families are saved. Home Credit India has set up a Covid task force made up of proactive and willing employees whoRead More →
Be the first Home Credit Philippines millionaire on loan in a Million Raffle Promotion! For the first time ever, Home Credit Philippines, the nation’s leading consumer finance company with a nationwide store presence and rapidly growing mobile presence, will be offering a grand cash prize of P 1 million. toRead More →
For the first time ever, Home Credit Philippines, the country’s leading consumer credit company with a nationwide presence and a rapidly growing mobile presence, will be offering a grand cash prize of Php 1 million to one (1 ) lucky Home Credit customer and a prize money of P50,000 eachRead More →
NEW DELHI: Mortgage India, an Indian branch of the international consumer credit provider with operations in Europe and Asia and committed to fostering financial inclusion, in partnership with SEWA Bharat started a livelihood project for nano-entrepreneurs. Nano-entrepreneurs refer to individuals who start their business with very less capital. In lineRead More →
Home Credit India, an Indian branch of the international consumer credit provider with operations in Europe and Asia and committed to fostering financial inclusion, in partnership with SEWA Bharat, has launched a Nano-Entrepreneur Livelihood Project. Nano-entrepreneurs refer to individuals who start their business with very less capital. In line withRead More →
New Delhi, Delhi, India: Celebrate the festive season of Navratri, Ougadi, Gudi Padwa, Vaisakhi, Pohela Boishakh with simple, transparent and accessible financing options from Home Credit Get quick and easy loans with Home Credit’s Ujjwal Card for instant limit on loans Commencing the spring festiveRead More →
NNA | Update: March 23, 2021 3:44 p.m. STI New Delhi [India], March 23 (ANI/BusinessWire India): It’s that time of year when everyone prepares to celebrate Holi, one of India’s most vibrant festivals. Home Credit‘s innovative products and offers for its customers encourage them to celebrate the festival with greatRead More →
Home Credit Group, the consumer lender owned by Czech billionaire Petr Kellner, blamed a loss of € 584m for 2020 on the coronavirus pandemic (COVID-19), but said it was profitable in 2 hours and that it should be again this year. Home Credit recorded a net profit of € 35mRead More →
Band Jason Hovet PRAGUE, March 17 (Reuters) – Czech firm Home Credit, one of China’s oldest consumer lenders and active in Eastern Europe and Asia, is looking to turn the page and return to profit after the coronavirus pandemic hammered loans and led to heavy losses in 2020. The groupRead More →
Monday, March 15, 2021 7:49 a.m. FCA said it would not take Provident to court as the alternative was insolvency Door-to-door lender Provident Financial today revealed that it is the subject of a Financial Conduct Authority (FCA) investigation into its mortgage lending business. The survey will focus on “considering affordabilityRead More →
Malcolm Le May, CEO of Provident Financial The Bradford-based company said an ongoing review has made it clear the company needs to address the problem of the rising number of customer complaints. The group said the operating environment for home collected credit changed significantly in the second half of 2020.Read More →
It’s that exciting time of year again as January quickly turns into February, and our Christmas decorations are (finally) put back in the closet to make way for, you guessed it, the Midsummer Day decorations. Valentine. Yes V-Day isn’t really a day, it’s something we hopeless romantics celebrate throughout theRead More →
NNA | Update: February 10, 2021 12:25 p.m. STI New Delhi [India], Feb. 10 (ANI/BusinessWire India): This Valentine’s Day shows some love and makes your loved ones feel special, because now is the time for hope, reassurance, good health and well-being. Offer them a diverse range of innovative products andRead More →
MobiKwik, India’s largest digital credit platform, today announced a strategic partnership with Home Credit India, a local arm of international consumer credit provider Home Credit Group with operations spanning 9 countries across Europe and Asia to launch “Home Credit Money”. A mobile app-based wallet, Home Credit Money offers an integrated,Read More →
The MobiKwik digital payment platform has announced a strategic partnership with Home Credit India, a local arm of the international consumer credit provider Home Credit Group to launch “Home Credit Money”. The Gurugram-based company explains in a blog post that the mortgage money allows users to take an instant interest-freeRead More →
India being a land of festivals and mythological legends, sees various festivals in different parts of the country. As we all come together to start the year with the Lohri, Pongal and Makar Sankranti festivals in hopes of rebuilding a healthier world, Home Credit India, a local branch of theRead More →
Are you shopping for a new smartphone for yourself or a loved one this holiday season? True me Philippines and Home Credit may be something that stings your attention. the the country’s leading telephone provider, in conjunction with consumer credit provider Home Credit, is offering an ongoing promotion where customersRead More →
Home Credit India, a local arm of the international consumer credit provider with operations in Europe and Asia, has launched a bunch of innovative finance products and offerings for its clients, all together, in the New Year . The company has partnered with leading consumer durables brands to provide attractiveRead More →
Over the past three years, Home Credit, the nation’s leading consumer finance company with a nationwide store presence and rapidly growing mobile presence, has worked to bring financial services closer to its customers via the My Home Credit app. With its latest Home Credit Pay eLoads and eBills feature, homeRead More →
Over the past three years, Home Credit, the nation’s leading consumer finance company with a nationwide store presence and rapidly growing mobile presence, has worked to bring financial services closer to its customers via the My Home Credit app. With its latest Home Credit Pay eLoads and eBills feature, homeRead More →
In these tough times, people need someone they can rely on and can easily approach for their new financial needs. With the aim of providing fast, convenient and affordable financing to Filipinos, along with its innovations and extensive network of partner stores and merchants, Home Credit has easily made itsRead More →
From self-driving cars to robots that pick and pack in retail warehouses to virtual assistants like Alexa and Siri, automation is everywhere. The auto loan industry is no different. Automation also has a positive impact for lenders and borrowers. Home Credit, a local branch of the international consumer credit provider,Read More →
(Add details of statement, CEO quote, background) Nov. 4 (Reuters) – Door lender Provident Financial Plc said on Wednesday that the collection performance of its mortgage business was now in line with pre-pandemic levels, with the company ready to meet market expectations for This year. “Regarding the Group’s performance duringRead More →
Listen to this article Home Credit India launched the Ujjwal card which will help its customers to access instant loans. In its official statement, the consumer credit provider said the newly launched card comes with a plethora of benefits exclusive to cardholders. The card can provide an instant limit toRead More →
LONDON, October 22, 2020 / PRNewswire / – Strong points: FICO® Decision Optimizer will help Home Credit Group effectively tackle saturated and growing markets Pilot with targeted loan portfolio in Russia brought a significant improvement in profitability and an increase in volumes The Home Credit Group risk management team willRead More →
Sharing the same vision of delivering high-quality, high-performance devices on affordable terms, realme Philippines and Home Credit, the country’s leading consumer finance company with a nationwide store presence and mobile presence growing rapidly, are teaming up again to make leading technology more accessible to consumers. As a first giveaway toRead More →
PRAGUE (Reuters) – Consumer lender Home Credit Group on Friday recorded a first-half loss of € 619 million on provisioning to cover loan losses as the coronavirus pandemic hit consumers. The lender whose operations include China, India and other Southeast Asian markets, Russia or the Czech Republic, said it hadRead More →
To help customers get the best value for their money, Home Credit, a nationwide consumer finance company, is launching Smile Rewards, a loyalty program where customers can enjoy discounts of up to 50% in Home Credit partner stores. Found exclusively on the My Home Credit app, Smile Rewards can beRead More →
Read the article Has the Covid crisis impacted the technological strategy of the consumer credit sector in the country? Covid has forced organizations to reshuffle their priorities with customer interest and business sustainability in mind. The lockdown in the country disabled the physical travel of customers and therefore the onlyRead More →
Home Credit Bank integrates bank card recognition technology by Smart Engines into its mobile banking application to simplify the entry of bank card data and streamline card-to-card transfers or account replenishment for customers. Now customers simply show the card to a camera on their mobile devices to enter a bankRead More →
In his current role, Sameer is responsible for the overall risk management and governance framework, overseeing collection operations, and strengthening risk management processes and capacity. Photo credit: ShutterStock, Home Credit India (HCIN), a local arm of the international consumer credit provider with operations in Europe and Asia, today announced theRead More →
As the country moves to the new normal and demand for safer, contactless payment options continues to increase, Home Credit, the country’s first non-bank institution to issue a credit card to its customers, is introducing a another first: the first credit card that allows consumers to make cardless payments throughRead More →
As the country transitions to the new normal and demand for more secure contactless payment options continues to grow, Home Credit, the country’s first non-banking institution to issue a credit card to its customers, is launching another first: the Philippines. first credit card that allows consumers to make cardless paymentsRead More →
Listen to this article Home Credit India loan finance company has partnered with artificial intelligence-based e-learning solutions provider -Stratbeans. Learning Management Solutions (LMS) provider Stratbeans has so far helped over 60,000 Home Credit affiliates with advanced digital learning solutions that help them increase productivity and prepare for business. future ofRead More →
Consumer loan finance company Home Credit India said Thursday it will lay off more than 10% of its 16,000 employees (1,800 employees), even as the company reworks its business strategy. “The unprecedented pandemic has affected all aspects of our lives. It had an impact on each of us, our families,Read More →
NEW DELHI: Consumer loan finance company Home Credit India said Thursday it has cut its workforce by 1,800 employees due to the slowdown caused by the COVID-19 crisis. “The unprecedented coronavirus pandemic has affected all aspects of our lives. It has had an impact on each of us, our families,Read More →
“We gave up trying to decode what Home Credit does,” said the founder of a company that helps non-bank lenders raise funds. To be fair, there’s nothing traditional about the way the eight-year-old Czech Republic-based Non-Banking Financial Company (NBFC) has built its lending business in India. Home Credit, which arrivedRead More →
By Jan Lopatka, Julie Zhu PRAGUE / HONG KONG (Reuters) – Home Credit, controlled by Czech Republic’s richest businessman Petr Kellner, on Thursday abandoned its proposed Hong Kong listing estimated at around $ 1 billion after the lender consumption struggled to achieve the expected valuation. FILE PHOTO: An airplane fliesRead More →
Home Credit India (HCIN), a local branch of the international consumer credit provider, has partnered with Karur Vysya Bank (KVB) for joint loans using automated end-to-end processing that will help the client obtain approval in real time and disbursement. The company said recent guidelines from the RBI had led theRead More →
Petr Kellner, trichest man in the Czech Republic, has filed a first public offer in Hong Kong for his consumer credit business Home Credit. The company has an estimated valuation of over HK $ 100 billion. It would be the first Czech company to be listed in the city. WhyRead More →
Two in three Indians are open to borrowing, a new survey by consumer credit provider Home Credit India has found. Interestingly, meeting the family’s needs and wishes is the number one reason people want to take out a new loan, reveals the report, which released a new perspective on theRead More →
By Robert Muller, Félix Tam PRAGUE / HONG KONG (Reuters) – Consumer lender Home Credit BV on Monday filed an initial public offering in Hong Kong, which two sources say could raise more than $ 1 billion, just three days after AB InBev ABI.BR shelved the listing of its AsianRead More →
By Robert Muller, Felix Tam PRAGUE/HONG KONG (Reuters) – Consumer lender Home Credit BV filed an initial public offering in Hong Kong on Monday, which two sources said could raise more than $1 billion, just three days after AB InBev ABI.BR suspended the listing of its Asian activities. The Prague-basedRead More →
By Julie Zhu, Julia Fioretti * Czech Republic-based lender plans over $1 billion Hong Kong IPO this year – sources * Could apply as soon as next month-sources * Citi, HSBC and Morgan Stanley will lead transaction sources * Latest in a series of non-Asian companies choosing HK for IPOsRead More →
The maximum amount of the mortgage that you can obtain depends on your solvency and your borrowing potential determined according to the norms and standards of the bank. Here are some of the points that will determine your mortgage amount: 1. DepositUsually, builders require buyers to pay 10-20% of theRead More →
Given the strong growth in retail consumer credit, the simplification of loan procedures and the rapid expansion of its network, Home Credit India, part of the Czech Republic-based consumer credit provider Home Credit BV, which started operations in India in 2012, is expected to become profitable in the current fiscalRead More →
1 year Billed annually at 4699 ₹ 392 / month 2 years Billed annually at 6999 ₹ 292 / month 3 years Billed annually at 9399 ₹ 261 / month 1 year Billed annually at 6999 ₹ 583 / month 2 years Billed annually at 8799 ₹ 367 / monthRead More →
Real Estate Credit India Finance Pvt. Ltd., one of India’s fastest growing non-bank financial companies (NBFC), has partnered with the country’s largest mobile payment and commerce platform, Paytm, to enable customers to pay their IMEs in a simple, simple and convenient way. The merger with Paytm is in line withRead More →
Expanding access to credit for the tech savvy and mobile population and bringing transformation to the small personal loan market, Home Credit India Finance Pvt. Ltd., one of India’s fastest growing non-bank financial companies (NBFC), has launched an innovative and one-of-a-kind online mini-loan nationwide. Aimed at customers who need aRead More →
Editor’s note: Three years ago, President Xi Jinping launched China’s ambitious Belt and Road Initiative, to connect vast transcontinental swaths with a common economic thread. The initiative has provided unprecedented opportunities for companies around the world to expand their businesses and access new markets. China Daily will feature a seriesRead More →
NEW DELHI: Home Credit India Finance, a non-bank finance company, announced today that it will expand its operations to 40 cities by the end of 2015. “Home Credit India Finance aims to boost credit penetration by providing consumer credit to everyone. It has announced expansion plans targeting a presence inRead More →
Home equity borrowers beware: a substantial “payment shock” could soon be hitting a mortgage near you. Many home equity lines of credit (HELOCs) taken out in 2005 — just when house prices peaked — could be approaching the end of their 10-year interest payment periods. With an interest rate hikeRead More →