Jakarta. Consumer credit provider Home Credit Indonesia and digital debt collection platform Collectius have teamed up to handle 90,000 of Indonesia’s non-performing consumer loans, or NPLs, according to a recent press release. Not just in Indonesia, Collectius has partnered with other Home Credit agencies in Southeast Asia. The partnership allowsRead More →
SUN Life Grepa Financial Inc. (Sun Life Grepa), a leading insurer in the country, and Home Credit Philippines (HCPH), a leading provider of consumer credit technology, continue to strengthen their strategic partnership for the underserved Philippine market. Sun Life Grepa and HCPH have improved coverage six times over the pastRead More →
Home Credit and BPI/MS Insurance Corporation (BPI MS) are joining forces in a strategic partnership that will provide the first and its individual customers with insurance solutions that are more accessible and adapted to their needs. In large part, the partnership is part of a tri-market agreement between Home CreditRead More →
After celebrating both the traditional New Year and the Chinese New Year in January, you’ve probably used all the feng shui and lucky charms to ensure that your whole year will be filled with luck and prosperity. In addition to those items and parts we’ve grown accustomed to, good fortuneRead More →
Deep Singh lived on white bread for several weeks, thinking he had to do so to qualify for a home loan under the government’s tough new lending rules. The Wellington man says he ate once a day – losing 8 kilograms in the process – and worked seven days aRead More →
Recently, the pandemic has caused many Filipinos to be careful with their personal finances. However, the state of financial literacy in the country is still of immense concern. The 2015 World Bank (WB) Survey and the 2019 Central Bank Financial Inclusion Survey found that only half of Filipino adults answeredRead More →
Home Credit India, a local arm of international consumer credit provider Home Credit with operations spanning Europe and Asia, plans to roll out a new consumer mobile app in the coming months for the Indian market, Vivek said. Sinha, Marketing Director. . “We are replacing our current consumer app withRead More →
With the Care360 subscription, members enjoy unlimited tele/online medical consultation, cashless OPD, online pharmacy and quality diagnostic service. Home Credit India, a local arm of the international consumer credit provider, today offers affordable protection to everyone – the Care360 healthcare service with supplementary insurance in partnership with DocOnline. Care360 isRead More →
Since building a house or renovating one is not a recurring expense, people often try to choose the best option available, even if the budget exceeds the mortgage and the limits of the recharge. With so many dazzling yet expensive home decor options available on the market, you might beRead More →
Home Credit Philippines received the Highest growth in consumer credit cards in 2021 in recently concluded Visa Annual Awards. Despite the risks posed by the ongoing global pandemic, Home Credit, the nation’s leading consumer credit technology company, has consistently stood out with an eighty-nine percent (89%) growth in customers fromRead More →
[ad_1] Financial hitches seem to always creep up on you when your cash flow is less than favorable. So much so that it’s almost like they can sense dwindling savings. Thankfully, online payday loan companies can cover you during those emergencies. They do this by giving you the financial floatRead More →
The Reserve Bank has raised concerns about deteriorating credit quality in lenders’ retail portfolios and warned that the consumer-led model of selling credit, led by home loans, is currently underway. faced with headwinds. Between April and the first week of December, credit disbursements rose to 7.1 percent from 5.4 percentRead More →
Lawrence Agcaoili – The Filipino Star December 23, 2021 | 00h00 MANILA, Philippines – Deutsche Bank and global consumer credit provider Home Credit Philippines have signed the country’s first environment, society and governance (ESG) loan. Kamran Khan, Head of ESG Asia-Pacific at Deutsche Bank, said this pioneering transaction reflects theRead More →
Filipino Consumer Finance Facility includes key performance indicators related to expanding access to credit to underserved people Deutsche Bank and consumer credit provider Home Credit Philippines (Home Credit) have entered into an innovative environmental, social and governance (ESG) loan in the Philippines with strong goals linked to “S” considerations OrRead More →
Deutsche Bank and global consumer credit provider Home Credit Philippines (Home Credit) today announced the closing of an innovative ESG loan in the Philippines. This operation represents an important step in the development of ESG financing with robust objectives linked to “S” or social considerations. The short-term loan facility establishesRead More →
Technology / New technics / Consumer credit tech company Home Credit PH allocates over $ 1million for typhoon aid in VisMin Consumer credit tech company Home Credit PH allocates over $ 1million for typhoon aid in VisMin More than one million pesos are allocated by Home Credit Philippines, a consumerRead More →
Home Credit PH allocates more than 1 million euros for typhoon aid in VisMin More than one million pesos are allocated by Home Credit Philippines, a consumer credit technology company, to help the victims of Super Typhoon Odette which devastated much of the Visayas and Mindanao days before Christmas. ThisRead More →
More than one million pesos are allocated by Home Credit Philippines, a consumer credit technology company, to help the victims of Super Typhoon Odette which devastated much of the Visayas and Mindanao days before Christmas. This amount will be channeled through its partner agencies for the distribution of assistance inRead More →
PRAGUE, Dec. 2 (Reuters) – Czech investment group PPF is considering selling or acquiring partners in units of its consumer credit business in some countries where it sees limited potential, said Thursday the financial director of PPF, Katerina Jiraskova. PPF may also seek partners for financing in other promising markets,Read More →
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Commuters walk past an ANZ bank branch in Sydney, Australia on April 23, 2018. REUTERS / Edgar Su Register now for FREE and unlimited access to Reuters.com Register Nov. 26 (Reuters) – The Australian Securities and Investments Commission (ASIC) on Friday announced that it has taken legal action against theRead More →
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Mortgage advisors may now be the best way to tackle New Zealand’s extremely complex home loan scenarios. Memo to would-be homebuyers: If you have a soft spot for expensive shoes or Uber Eats, you could be impacting your hopes for a home loan. That’s according to Loan Market CEO AmandaRead More →
Home Credit India, a local branch of the international consumer credit provider, on Tuesday released its annual survey “How India Borrows (HIB)”. The study provides insight into India’s borrowing patterns and individual reasons during and after the second wave of Covid-19. The HIB study was conducted in 9 cities includingRead More →
Previous story: FICCI Arise Launches White Paper Highlighting Need to Liberalize Private Schools in India Next story: TVS Scooty reaches a new milestone, sales cross the 5 million mark Home Credit Partners With Flexmoney To Offer Instant Cardless EMI Posted on October 26, 2021 Instant Cardless EMI will allow HomeRead More →
Home Credit India, a local arm of the international consumer credit provider with operations in Europe and Asia, has partnered with Flexmoney, a digital credit network platform provider BNPL (Buy Now Pay Later) to cycle lifetime to offer Instant Cardless EMI to Home Credit customers on the Flexmoney network ofRead More →
Listen to this article Home Credit India has partnered with Flexmoney to provide instant card-less EMI to Home Credit customers through Flexmoney’s network of over 4,800 leading online merchants. The “Cardless EMI” facility is available to customers in popular categories such as mobile, electronics, durable goods, fashion, home, fitness, travelRead More →
Through this partnership, Home Credit customers can benefit from simple and instant EMI through Flexmoney’s integrated secure payment platform. Home Credit India, a local arm of the international consumer credit provider with operations in Europe and Asia and committed to fostering financial inclusion in India, has partnered with Flexmoney, India’sRead More →
Lawrence Agcaoili – The Filipino Star October 24, 2021 | 00h00 MANILA, Philippines – The Philippine unit of consumer credit provider Home Credit Group expects a full recovery next year from the impact of the pandemic as loan disbursements resume and default rates rise. ‘steadily improve. Zdenek Jankovsky, director andRead More →
There is no doubt that the global pandemic has accelerated the digital transformation, changing our everyday lives. Due to current events, the digital shift that was to take years happened in the blink of an eye – shining a light on companies and how they strive to innovate their productsRead More →
Click on the picture to watch TVC. Home Credit India, a local branch of the international consumer credit provider, has launched its festive #UjjwalKaroFestival campaign. The idea of the Ujjwal Karo Festival Home Credit campaign is to put family and their desires at the center, recognizing that the real magicRead More →
Previous story: IEEMA’s Digielec Bharat 2021, the virtual exhibition showcases new technologies and demand trends in Indian power industry Next story: Keep bacteria and viruses at bay with the KENT Touchless Foaming Soap Dispenser Liven up the festivities with Home Credit India’s #UjjwalKaroFestival campaign Posted on October 19, 2021 ·Read More →
Home Credit India, a local arm of the international consumer credit provider with operations in Europe and Asia, committed to fostering financial inclusion in India, has been accredited as a Great Place to Work-Certified ™ company for July 2021-July 2022. The recognition follows Home Credit’s stellar work culture, which cultivatesRead More →
With many malls nationwide experiencing a resurgence in foot traffic as lockdown measures and COVID numbers stabilize, there is also an increase in the demand for work from home (WFH), online schooling, home improvement and other “new normal” needs. With that comes an increase in demand for consumer finance, withRead More →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →