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Krungsri to acquire 75% majority stake in Home Credit in Indonesia and The

Krungsri (Bank of Ayudhya PCL) announced the 75% majority stake acquisition of the consumer finance business of Home

Phra nakhon si ayutthayaWanda ariestiani evansBangko sentralSeiichiro akitaBank danamonHc philippines holdingsJapanese financial services agencyKrungsri bankExchange commission of philippinesFilcommerce holdings incHc consumer finance philippines incFinancial services authority otoritas jasa keuanganInsurance brokerage incPhilippines competition commissionHome creditFinancial services authority

Krungsri takes 75% stake in Home Credit

Bank of Ayudhya (Krungsri) announced yesterday the 75% majority stake acquisition of the consumer finance business of Home Credit in Indonesia and the Philippines, with an initial total consideration of €473.9 million (17.7 billion baht).

The philippinesAyudhya krungsriWanda ariestiani evansSeiichiro akitaBank danamonHc philippines holdingsJapanese financial services agencyExchange commission of the philippinesFilcommerce holdings incPhilippines competition commissionInsurance brokerage incHc consumer finance philippines incFinancial services authority of indonesiaHome creditFinancial services authorityPhilippines competition

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