The Russian bank HKF finally withdrew from the shareholders of the Home Credit Bank of Kazakhstan, the latter’s press service reported. The Czech businessman CEO of PPF Group (owner of the Home Credit group), Jiri Šmeits, acquired the remaining 25% of Kazakh Home Credit from the Russian HCF.
As a result of the transaction, Schmeits became the owner of 34.7% of the credit institution in the republic. It should be noted that the Kazakhstan regulator has already approved the deal.
“At the moment, there are no Russian shareholders among the shareholders of the Kazakh Home Credit Bank,” says the statement quoted by Frank Media.
In May, the Czech PPF group and Dutch Home Credit signed an agreement on the sale of assets and subsidiaries in the Russian Federation. They were acquired by a group of private investors headed by Ivan Tyryshkin, Chairman of the Board of Directors of the St. Petersburg Stock Exchange.
In the spring, HCFB sold a 75% stake in Home Credit Bank to PPF senior management, retaining only 25%.
Author:
Natalia Gormaleva
Source: RB
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