With over 10 million customers served and PHP 320 billion worth of loans disbursed since its establishment in 2013, Home Credit Philippines (HCPH) is ushering in a new decade with innovative financial solutions and expanded credit opportunities to empower Filipinos to live more rewarding lives.
Home Credit PH
As the country’s leading consumer finance company, marked by its 23 million loan transactions and counting, HCPH continues meeting the evolving needs of Filipinos through diverse credit products and value-added services. These offer financial solutions across demands like product installments, cash loans, credit cards, and insurance solutions under its “Protect” brand.
“At the heart of Home Credit lies the mission of financially empowering Filipinos in every aspect and stage of their lives. Our innovative efforts to broaden our products and services over the years have helped us ensure that our customers have convenient access to credit when they need it most.”
“Our milestones, more than anything, reflect our customers’ trust in us. We express gratitude to all our customers who have placed their trust in us over the years. This support fuels our determination to continue expanding our business and leading the consumer finance market in the country,”
– David Minol, Chief Executive Officer of HCPH
Strong Funding for Responsible Lending
Home Credit’s acquisition by Thailand’s Krungsri Bank and Japan’s Mitsubishi UFJ Financial Group strengthens its drive to empower more Filipinos. This partnership allows accessing vast financial resources dedicated to promoting responsible lending in the country while leveraging the new shareholders’ expertise to further enable growth.
Additionally, HCPH partners with a vast local and international banking community, recently signing its biggest creditor, BPI, with P13.5 billion in combined credit line facilities. These funding lines from major financial institutions are poised to expand funding for Home Credit’s range of solutions and services.
“Home Credit’s vast banking community signifies our strong performance and stability in the country as a leading consumer finance company. These partnerships give us more space to further expand credit opportunities and support financial inclusion.”
“As we welcome a new decade of serving the Filipinos, we will continuously expand our availability and financial solutions, so that our customers can get the things they need to uplift themselves and their families.”
To officially mark the new decade, HCPH recently held an event with trusted brand and retail partners like Abenson, Acer, Cellboy, Digimap, Imperial Appliance Plaza, Octagon, Power Mac Center, Samsung, and Silicon Valley. The company shared milestones and its outlook for coming years as the country’s leading consumer finance industry player.
Home Credit Philippines operates as a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).
Emman has been writing technical and feature articles since 2010. Prior to this, he became one of the instructors at Asia Pacific College in 2008, and eventually landed a job as Business Analyst and Technical Writer at Integrated Open Source Solutions for almost 3 years.
