OREANDA-NEWS. January 16, 2009. Home Credit & Finance Bank (“HCFB” or “the Bank”), rated Moody’s Ba3/NP/D-, S&P B+/B, and one of the leading banks specializing in consumer banking in Russia, announced two additional capital injections for a total amount of RUB 2 billion which were effected in December, reported the press-centre of HCFB.

The capital injections were made in December 2008 and followed approvals granted at the HCFB General Meetings held on 19th and 30th December, 2008 respectively.

The additional capital increases were executed by way of two capital injections of RUB 500 million and RUB 1,500 million respectively by the majority shareholder of the Bank - Home Credit B.V.

The capital injections were provided by the parent company as a part of its ongoing and strong support of HCFB's operations.