OREANDA-NEWS. July 15, 2010. Home Credit & Finance Bank Limited Liability Company is not connected with OJSC "Home Bank" whose banking license was revoked, reported the press-centre of Home Credit & Finance Bank.

Ivan Svitek, Chairman of the Management Board of Home Credit & Finance Bank: "I would like to appeal to customers and partners of Home Credit & Finance Bank, as well as to media representatives and the public. Russian OJSC "Home Bank" is not associated or related with Home Credit and Finance Bank in any way. Moreover, HCFB has never had any relationship with OJSC "Home Bank". The only thing in common between the banks is the word “Home” in their names. HCFB performance remains one of the strongest in the Russian banking sector withnet profit of RUB 2,479 million as of 31 March 2010 (RUB 5,179 million as of YE2009). The Bank strengthens its position as a leader in the consumer finance sector in Russia and continues network expansion, diversification of product range with focus on enhancing of the customers service. HCFB has stable ratings from international rating agencies, which have been affirmed during the annual reviews in Y2010.
 
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www.homecredit.ru