Tag Archives: consumer credit

Financial literacy of Filipinos needs more pressure, mortgage survey reveals

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 answered financial literacy questions correctly. This […]

Financial literacy of Filipinos needs more pressure, mortgage survey reveals

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 answered financial literacy questions correctly. This […]

Home Credit India will roll out all new consumer app in few months

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 with a new app. What we’re […]

Home Credit India offers Care360 healthcare package in partnership with Doconline

With the Care360 subscription, members enjoy unlimited tele/online medical consultation, cashless OPD, online pharmacy and quality diagnostic service. Home Credit India, a local branch of the international consumer credit provider, today offers affordable protection to everyone – the Care360 healthcare service with supplementary insurance in partnership with DocOnline. Care360 is holistic health service protection, encompassing […]

Home Credit PHL sees strongest consumer credit card growth in 2021

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 from credit cards over 2020. Considered […]

Deutsche Bank, Home Credit ink partnership

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 environmental, social and governance (ESG) loan. Kamran Khan, Head of ESG Asia-Pacific at Deutsche Bank, said this pioneering transaction reflects the shift from consumer lending in […]

Deutsche Bank and Home Credit sign pioneering ESG loan

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 Or social, which represent an important step forward in the development of ESG financing. The short-term loan facility establishes clear metrics and key […]

Deutsche Bank: Home Credit Philippines and Deutsche Bank sign revolutionary ESG loan

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 establishes clear metrics and key performance […]

Consumer credit tech company Home Credit PH allocates more than $ 1million in typhoon aid in VisMin – Manila Bulletin

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 consumer credit technology company, to help […]

Consumer finance tech company Home Credit PH donates over €1 million to VisMin typhoon relief

More than 1 million pesos are earmarked by Home Credit Philippines, a consumer finance technology company, to help victims of Super Typhoon Odette which devastated large parts of Visayas and Mindanao just days before Christmas. This amount will be channeled through its partner agencies for the distribution of assistance in the field. In an official […]

Home Credit PH allocates over 1 million euros for typhoon aid in VisMin – Manila Bulletin

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. This amount will be channeled through […]

PPF plans to sell or recruit partners in certain mortgage markets

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, and continue on its own […]

Home Credit survey shows recovery in positive consumer loans

Home Credit India, a local arm 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 including Delhi, Jaipur, Bangalore, Hyderabad, Bhopal, […]

Home Credit Survey of How India Borrows in 2021 Shows Resumption of Positive Consumer Borrowing | AFN News

Previous story: PTC India Expands Consulting Business: Wins Projects Worth ₹ 6.2 crore Next story: Gland Pharma extends support to Akshaya Patra in breakfast program Home Credit survey of how India borrows in 2021 shows recovery in positive consumer borrowing Posted on November 16, 2021 The HIB survey shows a sharp drop in household borrowing […]

IPF mortgage lender continues to rebuild as demand continues to rise

Gerard Ryan, CEO of IPF, said: “I am delighted to report a very good operational performance as credit demand levels have continued to increase. The Leeds-based company added that improving consumer demand and the selective relaxation of credit parameters resulted in a 35% increase in loans issued year-on-year. Gerard Ryan, CEO of IPF, said: “I […]

Home Credit, Flexmoney partner to offer Instant Cardless EMI

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, travel and insurance. Through this partnership, […]

Home Credit Partners With Flexmoney To Offer Instant Cardless EMI | AFN News

Previous story: FICCI Arise Launches White Paper Highlighting Need To Liberalize Private Schools In India Home Credit Partners With Flexmoney To Offer Instant Cardless EMI Posted on October 26, 2021 Instant Cardless EMI will allow Home Credit customers to purchase through Flexmoney’s 360â‚’ BNPL (Buy Now Pay Later) credit platform in categories such as mobile, […]

Home loan partners with Flexmoney

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, the leading BNPL digital credit network […]

Home Credit Partners With Flexmoney To Offer Instant Cardless EMI

Home Credit India, a local branch of the international consumer credit provider with operations across Europe and Asia, has partnered with Flexmoney, a digital credit network platform provider BNPL (Buy Now Pay Later) Lifecycle to deliver Instant Cardless IME to Home Credit customers through Flexmoney’s network of over 4,800 leading online merchants. The “Cardless EMI” […]

Home Credit sees full recovery in 2022

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 and treasurer of Home Credit Philippines, […]

Now in its 8th year, Home Credit continues to redefine the BNPL experience – Manila bulletin

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 – highlighting companies and how they strive to innovate their products and services. For Home Credit, this came as […]

From Shopping Malls to Mobile: How Home Credit Redefined the BNPL Experience

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 – highlighting companies and how they strive to innovate their products and services. For Home Credit, this came as […]

Home Credit India’s #UjjwalKaroFestival promotes festive offers and fundraising programs

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 ​​Home Credit’s Ujjwal Karo Festival campaign is to put family and their desires at the center, recognizing that the real magic of festivals is connecting with each […]

Light up the festivities with Home Credit India’s #UjjwalKaroFestival campaign | AFN News

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 · Announces easy financing with Home […]

From home sales and jewelry to energy consumption, these sectors are back to pre-pandemic levels

Increases in demand in several sectors are behind a rebound in economic activity and a rebound in corporate profits. Mobility across India exceeded pre-pandemic levels for the first time in September, according to Google’s COVID-19 Community Mobility Report. In addition, as the festivities begin and economic activity explodes, many sectors see the surge in demand […]

The US single-family home market still in the grip of massive shortages, despite overall housing construction close to 2006 levels

There are still not enough houses under construction. That’s bad news for first-time homebuyers in Tuesday’s U.S. housing data, showing housing starts rose at a seasonally adjusted annual rate of 1.62 million in August. . The good news shows that housing starts climbed 3.9% from the previous month, approaching the 1.8 million annual rate last […]

Agile to beat the pandemic

“Driven by the promise of making customers feel good and by the fundamental nature of a market pioneer, we have always strived to adapt quickly to the rapidly changing business environment,” says Anastasia. “The current pandemic is a clear example of our agility, and digital innovation is our ultimate goal.” Digital innovation In Vietnam, with […]

Home Credit India is now Great Place to Work certified R 2021

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 â„¢ company for July 2021-July 2022. The recognition follows Home Credit’s stellar work culture, which cultivates an ecosystem of trust and […]

Home Credit sees increased demand for ‘new normal’ financing; P10.6 billion in raw material loans in stores in H1 ’21

With many malls nationwide seeing 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, with more Filipinos enjoying most home […]

Home Credit sees increased demand for ‘new normal’ financing; P10.6 billion in raw material loans in stores in H1 ’21

With many malls nationwide seeing 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, with more Filipinos benefiting from most […]

Home Credit and Hunter Games Collaborate to Boost Customer Engagement

New Delhi, July 5 (IANS): Home Credit India, a local arm of international consumer credit provider Home Credit Group, has partnered with Indian leader in gamification and revenue enhancement platform Hunter Games to enhance customer experience through powerful cross-selling of financial services and e-commerce. Through this partnership, Home Credit and Hunter Games will be able […]

Home Credit India appoints Harshita Khanna as Chief People Officer

Home Credit India (HCIN), a local arm of the international consumer credit provider with operations in Europe and Asia, today announced the appointment of Harshita Khanna as Chief People Officer, responsible for leading the sector human resources for its activities in India. In this role, Harshita will be responsible for driving people-centered organizational development priorities […]

Provident Financial to close its mortgage division | Yorkshire

Bradford-based Provident Financial is on the verge of shutting down its mortgage business and has started consulting with around 2,100 employees regarding the plans. The announcement came as the listed company reported a statutory loss before tax of £ 113.5million for the year ended December 31, 2020, compared to a profit of £ 119million in […]

CSR: Home Credit partners with SEWA Bharat to restore livelihoods of nano-entrepreneurs

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 line with Home Credit’s movement to […]

Accueil Crédit partners with SEWA Bharat to restore the livelihoods of nano-entrepreneurs

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 with Home Credit’s movement to foster […]

bne IntelliNews – Mortgage loans plunge to € 584 million in losses in 2020

Home Credit Group, the consumer lender owned by Czech billionaire Petr Kellner, attributed a loss of € 584 million for 2020 to 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 € 35m in 2H20 against a […]

UPDATE 2-Provident Seeks To Save The Mortgage Business With Bulk Complaint Resolution

* Provident says mortgage business is under investigation * Company presents £ 50million complaint resolution plan * Stocks dip 25% (add company info, update stock movement) March 15 (Reuters) – Provident Financial on Monday presented a £ 50million ($ 69.7million) plan to address an increase in complaints and claims against its home loan business during […]

Home Credit strengthens its insurance portfolio

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, today announced the launch of two-wheeler insurance in the under a strategic partnership with Bajaj Allianz General Insurance Company Limited, one of the leading private general insurance companies in […]

5 reasons to fall in love with the My Home Credit app

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 the month. And if you’re in […]

Mortgage Mobikwik launches mortgage money

MobiKwik, India’s largest digital lending platform, today announced a strategic partnership with Home Credit India, a local arm of international consumer credit provider Home Credit Group with operations in 9 countries in Europe and Europe. ‘Asia to launch’ Home Credit Money ‘. Wallet based on mobile applications, Home Credit Money provides an integrated end-to-end digital […]

MobiKwik Partners With Home Credit India To Offer Interest Free Loan Up To Rs 10,000 In Their Portfolio

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-free loan ranging from Rs 1,500 […]

Home Credit & MobiKwik launch “Home Credit Money” in India

Home Credit & MobiKwik launch “Home Credit Money” in India By Edil Corneille MobiKwik, India’s digital credit platform, has announced a strategic partnership with Home Credit India, a local arm of international consumer credit provider Home Credit Group with operations in 9 countries in Europe and Asia, to launch “Home Credit Money”. Wallet based on […]

Realme Phones As Low As P343 Per Month Via Home Credit

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 customers can get 0% financing on […]

Home Credit Launches EMI Program to Buy LG, Samsung, Sony and Xiaomi Products in New Year

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 attractive and user-friendly financing programs. Offers […]

68% of Borrowers Don’t Know Their CIBIL Score, Home Credit Survey Reveals | AFN News

Previous story: Center For Civil Society hosted a conference on fake news and disinformation Next story: Xu Chong, CFO and Executive Director of Babytree: Focus on M&C and Broaden Horizons for More Opportunities 68% of borrowers do not know their CIBIL score, reveals a survey on real estate credit Posted on December 3, 2020 New […]

How Home Credit Automates Its Loan Disbursement Process, IT News, ET CIO

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, uses a blend of lending […]

Home Credit India Launches New Products As Part Of Insurance Portfolio

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, today announced the launch of its new products as part of its insurance portfolio for existing and new customers. New products include family health insurance and pocket insurance from […]

Home Credit abandons Hong Kong IPO as valuation falls short

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 flies over the logo of Czech […]

Home Credit IPO Candidate Significant in Chinese Small Loan Market EJINSIGHT

Petr Kellner, tThe richest man in the Czech Republic has filed for an IPO 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. Why Hong-Kong? Most likely because Home […]

67% of Indians ready to take out loans: Home Credit survey

Two out of three Indians are ready to take out loans, a new survey by consumer credit provider Home Credit India has revealed. Interestingly, meeting family needs and wishes is the main reason people want to take out a new loan, reveals the report, which released a new perspective on India’s borrowing habits. The second […]

bne IntelliNews – Home Credit files for the Hong Kong public offering

Czech Republic-based consumer lender Home Credit Group has filed for an initial public offering (IPO) on the Hong Kong Stock Exchange, group spokesman Milan Tomanek said, E15.cz daily reported on July 15th. The company declined to comment. According to Reuters sources, Home Credit could raise more than CZK 22.7 billion ($ 1 billion) with the […]

Home Credit India is expected to become profitable in fiscal 2019

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 fiscal year. Given the strong growth […]

Home Credit to offer more loan products – Companies

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 series of interviews with senior executives […]