Home Credit Philippines recently signed an agreement for an additional ₱7 billion loan facility with BPI. This deal makes BPI the company’s biggest creditor with a total of ₱13.5 billion combined credit line facilities.
This is the third loan credit facility extended to Home Credit by BPI. It follows a ₱1 billion facility in December 2022, ₱4 billion in August 2023, and an additional ₱1.5 billion in November 2023 from Robinsons Bank Corporation following its recent merger with BPI.
Home Credit Philippines has been a pioneer in financial inclusion efforts in the Philippines for more than a decade. The company has consistently provided innovative credit opportunities for Filipinos earning less than ₱20,000 a month.
But even with time, the company stands to meet all its financial commitments and sustain its growth in the market. Home Credit was also issued a double-A Issuer Credit Rating with stable outlook by PhilRatings in 2023.
HC Consumer Finance Philippines Inc., Home Credit Philippines’ corporate entity, was also acquired by Thailand’s Krungsri (Bank of Ayudhya PCL) and Japan’s MUFG (Mitsubishi UFJ Financial Group, Inc.) in June 2023.
Home Credit stands as the largest consumer finance company in the Philippines. As of the end of 2023, they’ve also served 10.4 million customers throughout the Philippines with a suite of accessible financing products.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
How to transfer, withdraw money from PayPal to GCash
Prices of Starlink satellite in the Philippines
Install Google GBox to Huawei smartphones
Pag-IBIG MP2 online application
How to check PhilHealth contributions online
How to find your SIM card serial number
Globe, PLDT, Converge, Sky: Unli fiber internet plans compared
10 biggest games in the Google Play Store
LTO periodic medical exam for 10-year licenses
Netflix codes to unlock hidden TV shows, movies
Apple, Asus, Cherry Mobile, Huawei, LG, Nokia, Oppo, Samsung, Sony, Vivo, Xiaomi, Lenovo, Infinix Mobile, Pocophone, Honor, iPhone, OnePlus, Tecno, Realme, HTC, Gionee, Kata, IQ00, Redmi, Razer, CloudFone, Motorola, Panasonic, TCL, Wiko
Best Android smartphones between PHP 20,000 - 25,000
Smartphones under PHP 10,000 in the Philippines
Smartphones under PHP 12K Philippines
Best smartphones for kids under PHP 7,000
Smartphones under PHP 15,000 in the Philippines
Best Android smartphones between PHP 15,000 - 20,000
Smartphones under PHP 20,000 in the Philippines
Most affordable 5G phones in the Philippines under PHP 20K
5G smartphones in the Philippines under PHP 16K
Smartphone pricelist Philippines 2024
Smartphone pricelist Philippines 2023
Smartphone pricelist Philippines 2022
Smartphone pricelist Philippines 2021
Smartphone pricelist Philippines 2020
