Corporate governance

Home Credit as a Group of companies is committed to high standards of corporate governance and to maintaining a sound framework through which the strategy and objectives of the Group are set, and the means of attaining these objectives and monitoring performance is determined. The Board of Directors is responsible for determining the objectives and business strategy of the Group and the overall supervision of these internal processes.

The Board holds responsibility for the approval of the long-term strategy and objectives of the Group; acquisitions, disposals and material contracts; the approval of financial statements; dividend policy; and governance matters. The Board is also responsible for ensuring the maintenance of a sound system of internal control and risk management (including financial, operational and compliance controls, and reviewing the overall effectiveness of the systems in place), and approving any changes to the capital, corporate, management and control structures of the Group.


Home Credit Group’s management comprises the Board of Directors, executive management, and country management.

Management of the Group

In addition to the Board, relevant Group committees have been formed and meet regularly to deal with specific areas of governance. The Board and executive management oversee the commercial affairs of the Group and the operating activities of its subsidiaries. The management teams are focused on creating value for stakeholders, drawing on best practice and management standards.

Centralised functions

Many of our key business functions are centralised: risk management, finance and IT among others. This integrated structure makes our organisation more efficient, as we can share expert knowledge drawn from the various markets in which we operate.


The following committees have been formed to deal with specific areas of governance:

  • Strategic Committee
  • Executive Committee
  • Government & Public Relations Committee

Major shareholders

PPF Group N.V. (PPF)

PPF Group invests in multiple market segments such as banking and financial services, insurance, real estate, energy, metal mining, agriculture, retail and biotechnology. PPF’s reach spans from Central and Eastern Europe to Russia and across Asia. PPF Group has assets of EUR 21.3 billion (as at 30 June 2015).

PPF Group N.V. shareholders are:

  • Mr Petr Kellner: 98.92%
  • Mr Ladislav Bartonicek: 0.54%
  • Mr Jean-Pascal Duvieusart: 0.54%

Registered office: Strawinskylaan 933, 1077 XX Amsterdam, Netherlands; incorporated in the Commercial Register of the Chamber of Commerce and Industry for Amsterdam under registration number 33264887

More information:


EMMA OMEGA is an investment holding company ultimately owned by Mr Jiri Smejc.

Registered office: Esperidon 12, 4th floor, 1087 Nicosia, Republic of Cyprus; registration number HE 319479