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Mar 29, 2021 · One of PPF Group's biggest profit-making engines has been one of its earliest investments: the consumer lending division, Home Credit. In the late 1990s, Kellner used Home Credit to buy up...
Home Credit finances both the purchase of consumer goods through a cash-less loan transaction or other commodities, such as language courses, travel etc. through a cash loans. The loans are always issued in domestic currency of the market in which the brand operates.
Petr Kellner (20 May 1964 – 27 March 2021) was a Czech billionaire entrepreneur, the founder and majority shareholder (98.93%) of the PPF Group. At the time of his death, he had an estimated net worth of $17.5 billion, making him the wealthiest person in the Czech Republic .
May 12, 2021 · Home Credit, the consumer loans business that has driven the largest chunk of profitability in recent years, has been battered by the pandemic, reporting a loss of 15.3 billion koruna (584...
Sep 16, 2021 · Late Czech billionaire Petr Kellner ’s family is exploring options for consumer lender Home Credit, people familiar with the matter said, almost two years after scrapping a Hong Kong initial...
Apr 6, 2021 · He started an investment fund which he used to buy a controlling stake in the biggest Czech insurer during its privatization. His PFF Group scrapped its plans to list Home Credit, a consumer ...
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Jun 29, 2022 · Czech investment group PPF, controlled by the wife of billionaire founder Petr Kellner who died last year, aims to divest its once flagship consumer lending business in China and focus...