Home Credit Group is a mass market consumer finance provider with over EUR 10 bil of assets. The Company was established in 1997 in the Czech Republic. Since then it has experienced considerable growth within Central and Eastern Europe, the Commonwealth of Independent States and Asia.
In 2012, the Group had over 44,000 employees and reached a net profit of EUR 506 mil. Its average ROE amounted to 34% in the last three years while cost to income dropped to below 37% in 2012.
From 16.7% in 2009, share of non-performing loans dropped to 7.6% at the end of 2012. Furthermore, the bad loans were more than fully covered by loan loss provisions.