August 21, 2014 7:04 PM ET

Consumer Finance

Company Overview of Prime Credit

Company Overview

Prime Credit is a financial institution offering personal loans. The company is based in Hong Kong. Prime Credit operates as a subsidiary of Standard Chartered Bank (Hong Kong) Limited.

,  

Hong Kong

Phone:

852 2810 5633

Fax:

852 2119 0688

Key Executives for Prime Credit

Prime Credit does not have any Key Executives recorded.

Prime Credit Key Developments

Shinsei, Carlyle Short-Listed For Prime Credit- Reports

Shinsei Bank, Limited (TSE:8303) and The Carlyle Group LP (NasdaqGS:CG) have been short listed for the final round of bidding due next month for Prime Credit which is owned by Standard Chartered PLC (LSE:STAN), Reuters reported citing people familiar with the matter. Other short-listed bidders include Pepper Australia Pty. Ltd., Chow Tai Fook Enterprises Limited and United Asia Finance Limited.

Prime Credit Draws Bidders- Reports

Prime Credit owned by Standard Chartered PLC (LSE:STAN) has drawn the likes of Pepper Australia Pty. Ltd., Chow Tai Fook Enterprises Limited and United Asia Finance Limited for the second-round bids, The Wall Street Journal reported citing people familiar with the matter. The transaction is reported to be valued at approximately between $500 million and $700 million.

Standard Chartered Reportedly Invites Bids For Prime Credit

Standard Chartered PLC (LSE:STAN) is seeking second-round bids for Prime Credit as soon as the week of May 5, 2014, The Wall Street Journal reported citing "people familiar with the process." Standard Chartered's spokeswoman did not comment further aside from saying the bank was exploring strategic opportunities.

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