Home Credit B.V., World Trade Center , Tower B, Level 9, Strawinskylaan 933 , 1077 XX Amsterdam, The Netherlands
Home Credit B.V.” today announces that it has acquired from “Generali PPF Holding B.V.”, either directly or via its subsidiaries, 100% stakes in the following insurance companies operating in the CIS region: “PPF Life insurance, LLC” (Russia), “PPF General insurance, LLC” (Russia), “PPF Insurance, Inc.” (Russia), and “Generali Foreign Insurance Company Inc.” (Belarus). Home Credit B.V. has also acquired a 19.9% stake in “YU - ID Systems B.V.” (Netherlands). The transactions have been approved by the respective regulators in Russia and Belarus.
Complete report available HERE.
(Commercial announcement)