According to preliminary estimates, WSE-listed debt collector Kruk had PLN 300 million net profit in 2017 a 20.6 percent y/y growth. The Q4 figure stood at PLN 9 million, compared to PLN 62.9 million Q4 profit in 2016. The company spent PLN 976 million on debt portfolios of PLN 16.4 billion nominal ...

WSE-listed debt collector Kruk will issue up to PLN 500 million worth of bonds in the next 12 months under a new bond issue program pending approval by the Financial Supervision Authority KNF. The bonds will be denominated in PLN or €, and their terms and value will depend on the market conditions&#...

WSE-listed debt collector Kruk spent PLN 2.63 billion in Q3 on acquiring debt portfolios, the company said in a market filing. The figure is 34 percent higher y/y. In the same period, the company’s CAPEX amounted to PLN 261 million, up by 27 percent y/y. The bulk of portfolios were acquired in Polan...

WSE-listed debt collector Kruk has submitted an application to the antimonopoly watchdog UOKiK for permission to takeover Investment Fund Bison NSFIZ, the office said. The application was submitted on August 17. Bison is a non-standardized securitization closed-end investment fund, currently managed...

WSE-listed debt collector Kruk spent PLN 292 million on debt portfolios in Q2, down by 56 percent y/y, the company said in a market filing. The face value of purchased portfolios dropped by 41 percent to PLN 3.53 billion. Debt recovery went up by 47 percent to PLN 338 million….

WSE-listed debt collector Kruk has signed a  revolving €250 million loan agreement with a syndicate of four banks: DNB Bank, BZ WBK, mBank and ING Bank Śląski, the company said in a market filing. Kruk will spend the money on purchase or refinancing of purchase of debt portfolios abroad. “This is a ...

WSE-listed debt collector Kruk, through its subsidiary InvestCapital Malta acquired Romanian corporate liabilities worth some PLN 1.15 billion from BRD Groupe Societe Generale, the company said in a market filing. “The successful tender will strengthen our lead on the debt management market in Roman...

According to the report compiled by debt collector Poland, 50 percent of Poles plan to buy clothing and footwear this spring, while 25 percent of them plan to refurbish or renovate their apartments. Only 20 percent of respondents claimed that they will spend their money on the long May holiday weeke...