Kruk subsidiary wins tender for PLN 443 mln in liabilities

Kruk subsidiary Prokura NS FIZ has won a tender for WBK Bank Zachodni's liability portfolio with a face value of PLN 443 million. The company released a statement confirming the deal and said that the issuer will follow with a similar statement, ISBnews reported. Kruk SA is Poland's biggest debt collection company. In 2013, Kruk bought and took over servicing of PLN 5.1 billion in debt. The company is looking to actively expanding its services in Germany.