MOSCOW, August 3 (RIA Novosti) - Home Credit & Finance Bank (HCFB), Russia's second largest consumer credit bank, announced Thursday a tender for delinquent loans.
The bank, which controls 27.1% of the market, said this was going to be Russia's first open tender on defaulted loans.
The closing date for the tender is August 25.
Home Credit & Finance Bank is a member of Home Credit Group that operates on the eastern European consumer credit market and is part of the PPF international group.
