Home Credit Philippines recently signed an agreement for an additional ₱7 billion loan facility with BPI. This deal makes BPI the company’s biggest creditor with a total of ₱13.5 billion combined credit line facilities. This is the third loan credit facility extended to Home Credit by BPI. Home Credit Philippines has been a pioneer in financial inclusion efforts in the Philippines for more than a decade. The company has consistently provided innovative credit opportunities for Filipinos earning less than ₱20,000 a month. Home Credit was also issued a double-A Issuer Credit Rating with stable outlook by PhilRatings in 2023. HC Consumer Finance Philippines Inc., Home Credit Philippines’ corporate entity, was also acquired by Thailand’s Krungsri (Bank of Ayudhya PCL) and Japan’s MUFG (Mitsubishi UFJ Financial Group, Inc.) in June 2023. Home Credit stands as the largest consumer finance company in the Philippines. Read more in our articles including "Home Credit signs 7B Loan Credit Facility with BPI" and "My Home Credit mobile app officially launched".
Home Credit Philippines recently signed an agreement for an additional ₱7 billion loan facility with BPI. This deal makes BPI the company’s biggest creditor with a total of ₱13.5 billion combined credit line facilities.
This is the third loan credit facility extended to Home Credit by BPI. Home Credit Philippines has been a pioneer in financial inclusion efforts in the Philippines for more than a decade. The company has consistently provided innovative credit opportunities for Filipinos earning less than ₱20,000 a month.
Our coverage of home credit ph includes: "Home Credit signs 7B Loan Credit Facility with BPI"; "My Home Credit mobile app officially launched"; "Home Credit offers MacBook Neo at PHP 44 per day". Each article provides unique insights and information.