Capital increase of RUB 1 billion for Home Credit and Finance Bank provided by the parent company Home Credit B.V.

Home Credit & Finance Bank (“HCFB” or “the Bank”), rated Moody’s Ba3/NP/D-, S&P B+/B, one of the leading banks specializing in consumer banking in Russia, is pleased to announce an additional capital injection for a total amount of RUB 1 billion, which was completed on 30 January 2009.

The capital injection follows the decision made during the HCFB General Meeting on 30 January 2009 and was executed through a capital injection of RUB 1 billion by Home Credit B.V., the majority shareholder of the Bank.

The capital injection provided by Home Credit B.V. demonstrates the continuing strong support of HCFB’s parent company, highlighting the strategic importance of HCFB for the Group.

In December 2008, the parent company provided HCFB with capital injections for a total amount of RUB 2 billion.

More information at: /


Alena Zheltova
Corporate Finance and Investor Relations
Tel: (+7) 495 514 1017 (4431)


Milan Tománek
Head of Group Communications
PPF Group
Tel: +420 224 559 573


Home Credit & Finance Bank (Moody’s Ba3/NP/D-, S&P B+/B) is one of the leading banks specializing in consumer banking in Russia with a 24% market share in the point-of-sale market and almost an 11% market share of the credit card market as at 30 September 2008.

HCFB offers its clients a wide range of credit products with variable credit terms. HCFB’s products are distributed through about 30,000 POS outlets across over 1,200 cities throughout Russia. The bank’s regional network comprises 93 representative offices, 147 cash offices and 4 branches across the Russian Federation
as at 30 September 2007.

Companies of the Home Credit Group operate in the Central and Eastern European, Central Asian and the Far East consumer finance markets and as at year-end 2007, had granted loans in the combined principal of EUR 3.3 billion. Home Credit Group maintains leading positions in the consumer finance markets of the Czech Republic (Home Credit, since 1997), the Slovak Republic (Home Credit Slovakia, since 1999), the Russian Federation (Home Credit & Finance Bank, since 2002) and the Republic of Kazakhstan (Home Credit Kazakhstan, since December 2005). Home Credit Group also entered the Ukrainian and Belarusian markets in 2006 (CJSC Home Credit Bank, Home Credit Finance and OAO Home Credit Bank respectively) and China (Home Credit Asia, December 2007).

The Home Credit Group is part of the PPF Group, which was established in 1991 and has interests in insurance and consumer finance, and provides sophisticated asset management services. During its 17 years in business, PPF Group has become an important international financial investor, managing assets of EUR 10.1 billion as of 31 December 2007.