Home Credit - Wikipedia Home Credit For other uses, see Home credit ( disambiguation ). Home Credit B.V. Trading name Home Credit Group Industry Consumer loans and Personal loans Founded 1997 ( as Home Credit a.s. ) 1999 ( as Home Credit B.V. ) Headquarters Amsterdam, Netherlands Area served Eastern Europe, Central Europe, Asia and United States Operating income € 3.123 billion ( 2017 ) Net income € 244 million ( 2017 ) Total assets € 21.53 billion ( 2017 ) Total equity € 2.03 billion ( 2017 ) Owner PPF ( 88.62 % ) Emma Capital ( 11.38 % ) Number of employees 61,207 ( 2015 ) Subsidiaries Home Credit & Finance Bank Website www.homecredit.net Home Credit B.V. is an international non-bank financial institution founded in 1997 in the Czech Republic and headquartered in Netherlands. The company operates in 14 countries and focuses on lending primarily to people with little or no credit history. As of 2016 the company has over 15 million active customers, with two - thirds of them in Asia and 7.3 million in China. Major shareholder of company is PPF, a privately held international financial and investment group owned by Petr Kellner, which controls an 88.62 % stake. In 1999, Home Credit a.s. was founded in the Czech Republic and in 1999 company expanded to Slovakia. In 2000s company started to expand to Commonwealth of Independent States countries - Russia, Kazakhstan, Ukraine and Belarus. As of 2007 the company was the second largest consumer lender in Russia. In 2010s company expanded to Asia - China, India, Indonesia, Philippines and Vietnam. In 2010 the company was first foreign company to set up as a consumer finance lender in China. In 2015 company launched its operations in the United States of America through a partnership with Sprint Corporation. References Jump up ^ Home Credit : About us ^ Jump up to : Home Credit Group Annual Report 2015 ^ Jump up to : `` Key financial data ''. www.homecredit.net. Retrieved 2018 - 07 - 23. ^ Jump up to : Cienski, Jan ( 6 June 2007 ). `` The man who caught a rising tide Petr Kellner has become central Europe 's richest man by offering loans to a middle class on the point of prosperity ''. Financial Times. Jump up ^ Financial Times : PPF to float Home Credit to fund EM expansion Jump up ^ `` Home Credit to offer more loan products - Business - Chinadaily.com.cn ''. China Daily. Retrieved 22 January 2017. Jump up ^ `` China allows first foreign loan provider ''. Financial Times. 10 November 2010. Retrieved 22 January 2017. External links Companies portal Official website This article on a Czech company is a stub. You can help Wikipedia by expanding it. This bank, insurance, or other financial services corporation article is a stub. You can help Wikipedia by expanding it. Retrieved from `` https://en.wikipedia.org/w/index.php?title=Home_Credit&oldid=851581487 '' Categories : Companies established in 1997 Companies of the Czech Republic Companies of the Netherlands Czech company stubs Financial services company stubs Talk About Wikipedia Русский Edit links This page was last edited on 23 July 2018, at 08 : 11 ( UTC ). Text is available under the Creative Commons Attribution - ShareAlike License ; additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia ® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. About Wikipedia

Question: when did home credit start its operations in india *
Answer: 2010s