A typical PrimeCredit store front in Hong Kong offering low-documentation personal loans and credit cards. Photo: Google A typical PrimeCredit store front in Hong Kong offering low-documentation personal loans and credit cards. Photo: Google
A typical PrimeCredit store front in Hong Kong offering low-documentation personal loans and credit cards. Photo: Google

exclusive | Hong Kong subprime lender PrimeCredit is back on sale for at least US$600 million with ZA Bank, Elephant Club among early suitors

  • The owners of PrimeCredit are seeking buyers for the subprime lender with Hong Kong and Shenzhen operations for at least US$600 million
  • PrimeCredit had about US$1 billion of loan portfolio and over 260,000 customers at the start of the year, according to people familiar

Topic |   Mergers & Acquisitions
A typical PrimeCredit store front in Hong Kong offering low-documentation personal loans and credit cards. Photo: Google A typical PrimeCredit store front in Hong Kong offering low-documentation personal loans and credit cards. Photo: Google
A typical PrimeCredit store front in Hong Kong offering low-documentation personal loans and credit cards. Photo: Google
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