0.4 C
Munich

PPF sells Philippine and Indonesian divisions of Home Credit, the Japanese will pay 600 million euros for them

Must read

PPF sells Philippine and Indonesian divisions of Home Credit, the Japanese will pay 600 million euros for them

Keywords:

Related Articles

You can also get this exclusive content with a subscription

US sues Zuckerberg over successful Czech game Beat Saber he bought

The last bastion of real estate stability. Czech garages keep prices, they bring more to owners than apartments

Renewables are already driving down the price of electricity, says Solek founder Zdeněk Sobotka.

Qatar is criticized for the championship, but its liquefied gas is in use

The hype on Twitter hurts Tesla. The share price is also declining due to the huge competition in the Chinese market.

More articles

Top news

Qatar: You can’t drink in the stadiums. However, Budweiser offers an innovation.

Morning Check: Japan Wants to Arm Massively, Penguin Random House Rejects Major Book Acquisition

Replacing Gripensov with modern F-35 fighters will cost more than expected. Czech Republic continues to act

Most read

The kro is at its strongest since February, thanks in part to a shift in investor sentiment towards riskier assets.

Allwyn of Komárka has completed the acquisition of the British lottery company Camelot.

Decline of the strength of the Czech currency. The are of forecasts was domited by heralds of the weakening of the crown, the euro will fall in price

video

Barca. See how the legendary Škoda 706 R truck was made

We make projects primarily for people, says the co-founder of Vnitroblok

Under the Magnifying Glass: Conflict in Ukraine Reveals Huge Energy Mess

Articles from other sources

The Dutch were worried that they didn’t have a goalkeeper. But the debutante (28) shone: We want the title!

Red Bull confirms Ricciardo’s return

What does porn do to our psyche?

Monopost podcast: 2022 season recap! Verstappen is the driver of the year, what were your best and weirdest moments?

Publisher Martin Wopěnka: The average price of a book is about 270 crowns over ten years, which is not sustaible

A new view of the bridge under Vysehrad: instead of two tracks, there will be three, and a stop will also be added. First trains in 6 years?

The Steam Fall Sale has started. You will also find this year’s novelties in discounts.

On Air: Former Human Rights Minister Dienstbier on the controversy surrounding the World Cup in Qatar. Is it worth 6500 dead?

Katya (21) was crushed by the press of a garbage truck: Left with her daughter (3)!

ZIMAK with Ruzicka: Varaďa? In short, he kept us, we didn’t play hockey

Articles from other sources

Lucid introduces the second model: a seven-seater SUV with over 1,000 horsepower!

After 25 years, Bluetooth is about to undergo a revolution. It will be extended to the 6 GHz band.

How Czech cars age, or the dymics of the average age of our fleet

The mission of Artemis I continues. The Orion spacecraft landed on the moon

Best Free Games: How to Play Great Games Without Spending a Dime

Red Bull had to restart Verstappen’s car ahead of Q3

Usually for money, today for free or at a discount: Individual payments, money and Botanicula

Battle of Cambrai: 105 years ago the British first en masse – and successfully! – they used tanks

Subscription

  • Ukraine

  • Presidential elections

  • Workspace15

  • E15 magazine

Get E15 Premium for the first month for 1 crown
  • Information behind the scenes

  • Alyzes

  • Exclusive Interviews

  • Premium consulting

  • Electronic version of the diary + archive

  • Electronic version of jourls + archive

Subscription for 1 crown

‘);

Premium offer
Get E15 Premium for the first month for 1 crown
  • Information behind the scenes

  • Alyzes

  • Exclusive Interviews

  • Premium consulting

  • Electronic version of the diary + archive

  • Electronic version of jourls + archive

Subscription for 1 crown

The acquisition will be made through the Thai bank Bank of Ayudhya, in which Mitsubishi UFJ owns a 77 percent stake. The new owner will acquire the entire Home Credit division in the Philippines and will receive an 85 percent stake in the Indonesian division, Reuters writes.

At the same time, this is not the first regiol branch of Home Credit, which PPF has recently been getting rid of. In September, PPF and Home Credit completed the sale of their remaining 49.5% stake in Russia’s Home Credit and Fince Bank, including some subsidiaries. This meant the withdrawal of PPF and the Home Credit group from the Russian banking market.

In addition to the Czech Republic and Slovakia, Home Credit also operates in Kazakhstan, Chi, India and Vietm.

Source: E15

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Related