The value of new loans extended by Home Credit group totalled EUR 1.125bn in Q1 2015. The net loan portfolio totalled EUR 5.205bn. The group’s net loss in Q1 2015 dropped to EUR 57m from EUR 62m. Operating profit reached EUR 366m. Home Credit’s board of directors chairman and CEO Jiøí Šmejc has stated that the total results were influenced negatively by the macroeconomic situation in Russia. On the other hand, the markets in Asia, led by China, are reporting positive trends.

Source: www.cianews.cz