HOME CREDIT PLANS TO DOUBLE NUMBER OF CHINESE CITIES 03/17/2014 | - TopicsExpress

HOME CREDIT PLANS TO DOUBLE NUMBER OF CHINESE CITIES 03/17/2014 | ČIANEWS | source: Home Credit, a.s. Home Credit International (HCI) has become the first company owned by a foreign entity allowed to provide loans anywhere in China. According to Milan Tománek, the PR manager in Home Credit International, the company plans to double the number of cities and provinces it is active in by the end of 2014. It is currently active in 109 locations. HCI holds a license for consumer loans in China. The license is not regionally limited after a change in regulation valid as of January 1, 2014.

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