HCFB

AcronymDefinition
HCFBHome Credit & Finance Bank
HCFBHuron County Farm Bureau (Michigan)
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References in periodicals archive ?
HCK's Long-Term IDR would only be downgraded if both its standalone financial profile deteriorated significantly and HCFB failed to provide timely support.
Fitch continues to view HCFB's propensity to support HCK as high given the strategic importance of the subsidiary; the latter remained profitable in 1H14 while the parent reported significant losses.
6 March 2012 - The net loan portfolio of Home Credit and Finance Bank (HCFB) increased by about a half to RUB112.8bn (USD3.8bn/EUR2.9bn) in 2011, the Russian consumer lender said in a statement on Monday.
The upgrade of HCFB's IDRs to 'BB-' and OTP's VR to 'bb-' mainly reflects stronger earnings at both banks underpinned by lower credit losses and reduced funding costs, and improved capitalisation.
2 September 2011 -- S&P said on Thursday it had revised to "positive" from "stable" its outlook on Russian lender Home Credit and Finance Bank LLC (HCFB).
15 August 2011 - Russian Home Credit and Finance Bank (HCFB) said today it had secured a one-year USD200m (EUR138.7m) syndicated loan with a one-year extension option.
HCFB's acquisition from shareholders of a 100% interest in Home Credit Bank, whose offering includes point-of-sale loans at partner shops, cash loans and deposit products, is in line with Home Credit Group's strategy in the Commonwealth of Independent States (CIS) region, HCFB's management board chairman Ivan Svitek noted.
Russian retail finance specialist Home Credit and Finance Bank LLC (HCFB) said it had taken full control of Kazakh lender Home Credit Bank JSC, without providing financial details on the deal.
28 July 2011 - Russian Home Credit and Finance Bank (HCFB) said today it intends to draw a syndicated loan of about USD200m (EUR140m).
The financial entity was in negotiations to buy out local Home Credit and Finance Bank (HCFB), but eventually the parties could not reach an agreement on the deal price.
M2 EQUITYBITES-March 6, 2012--Russian HCFB's net loan portfolio grows about 50% in 2011(C)2012 M2 COMMUNICATIONS http://www.m2.com
27 April 2011 - Russian Home Credit and Finance Bank (HCFB) said yesterday it had issued RUB7bn (USD252.3m/EUR171.8m) worth of bonds with a three-year maturity.