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Home Credit

Home Credit Group is one of the leading providers of consumer finance

Home Credit Group (or Home Credit) is a global provider of consumer loans based on the latest financial technologies. It operates across three continents, mainly in markets with high growth potential. PPF Group holds a majority interest in Home Credit.

Founded in the Czech Republic in 1997, the company focuses on the responsible provision of consumer loans. It successfully offers inclusive financial services to clients who would not have otherwise had access to any standard bank loans.

Home Credit currently offers its services to customers in the Czech Republic (since 1997), Slovakia (since 1999), Russia (since 2002), Kazakhstan (since 2005), China (since 2007), India (since 2012), Indonesia (since 2013), the Philippines (since 2013), Vietnam (since 2014), and the US (since September 2015, in partnership with the telecom operator Sprint). It is subject to the oversight of the central financial sector authorities in all these countries.

In these countries, more than 28 million clients are actively using its services. Since it was established, the Group has served 116 million customers (data as at 31 December 2018). This achievement is primarily attributable to the fact that Home Credit offers its services to clients who have not yet had access to bank loans, making it a sought-after partner for the world’s largest manufacturers of consumer goods, including mobile telephones.

The Group also continues to support innovations in the new, rapidly developing segments of consumer finance; this is borne out by the success of Zonky, a P2P platform in the Czech Republic, which has grown from a start-up into the most successful player in this market. Zonky has intermediated loans totalling CZK 4.5 billion to date.

Home Credit Group had 125,000 employees at the end of the year. 

Distribution Model

The Group offers its services through an extensive network of points of sale: shops, bank branches, special loan kiosks, and post offices, totalling more than 437,000 globally. Home Credit also offers its services online, via e-shops and using its own applications, as well as through social networks. The backbone of its operations is lending in retail shops (known as POS lending), in which Home Credit finances durable goods, always in the local currency.

Home Credit services are simple, understandable and quick. This differentiates the Group from its competitors, ensuring its position as a leading player in a number of local markets in Europe and Asia. In countries where Home Credit holds banking licences, the Group also offers transactional banking for individuals in addition to loans, and accepts deposits which are an important source of funding for its lending. The Group’s product portfolio differs somewhat by country, and evolves as the various markets mature and local customers’ needs change.

Ownership Structure

The majority shareholder (a 91.12% stake) of Home Credit Group B.V. is PPF Group. A minority stake (8.88%) in Home Credit Group B.V. is held by EMMA OMEGA LTD, an investment holding company ultimately owned by Jiří Šmejc.

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Home Credit B.V.: Key Business Highlights (consolidated)

  2018 2017
PPF Group holding 91.12% 88.62%
Operating revenue (EUR millions) 3,953 3,123
Profit after tax (EUR millions) 422 244
Total assets (EUR millions) 23,647 21,533
Total equity (EUR millions) 2,154 2,035
Year-end number of employees 125,400 157 000

Home Credit B.V.: Management as of May 1, 2019

Board of Directors Jiri Šmejc, Executive Chairman
Ondřej Frydrych, Vice-Chairman
Jean-Pascal Duvieusart, Member
Mel Gerard Carvill, Member
Jan Cornelis Jansen, Member
Rudolf Bosveld, Member
Paul de Aloysius Reijke, Member
Marcel van Santen, Member
Group Management Ondřej Frydrych, Chief Executive Officer
Radek Pluhař, Group Chief Risk Officer
Tomáš Kočka, Chief Commercial Officer
Christoph Glaser, Group Chief Financial Officer
Renata Mrázová, Chief HR Officer
Pavel Rozehnal, Chief Legal Officer
David Minol, Regional Executive Director
Khalid Husseini, Chief Information Officer
Mikhail Nikitin, Regional Executive Director
Country Management Jurij Andresov, Chairman of the Board of Directors, Home Credit and Finance Bank Russia
Annica Witschard, Chief Executive Officer, Home Credit Philippines
Dmitrij Mosolov, Chief Executive Officer, Home Credit Vietnam
Karel Horák, Chief Executive Officer, Home Credit Kazakhstan
Luděk Jírů, Chief Executive Officer, Home Credit Czech Rep. and Slovakia
Roman Wojdyla, Chief Executive Officer, Home Credit China
Ondřej Kubík, Chief Executive Officer, Home Credit India
Jaroslav Gaisler, Chief Executive Officer, Home Credit Indonesia
Igor Přerovský, Chief Executive Officer, Home Credit US


Home Credit B.V.
Strawinskylaan 933
1077 XX Amsterdam
The Netherlands
Phone: +31 (0) 208 813 120
Fax: +31 (0) 208 813 129

Home Credit International, a.s.
Evropská 2690/17
160 41 Prague 6
The Czech Repuplic
Phone: +420 224 174 777
Fax: +420 224 174 612

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