Home Credit plans to expand its regional network. Already during 2004 the Bank opened 12 new regional offices the bank increasing their total to 26. Distribution network business partner Bank rose more than 2-fold compared with last year and has over 9000 retail outlets.
"In 2004, Home Credit & Finance Bank has increased its market share in commercial lending, which by the end of 2004 amounted to about 31%. We aim to make credit products most Home Credit available to all residents of Russia, suggesting a wide range of loan programs. We are confident that the Russian market of consumer lending tremendous potential, and in 2005 we will actively develop this area of banking activities, developing new loyalty program for regular clients, expanding the range of credit products and the increasing number of business partners " , - Chairman of the Board Bank Andrey Lykov.
Source: Kredity.Ru