Kruk’s debt portfolio acquisitions 84% down y/y in Q1 2018

The nominal value of liabilities acquired by debt collector Kruk in Q1 2018 amounted to PLN 600 million, an 84 percent drop y/y. Investment outlays stood at PLN 125 million, a 41 percent decrease y/y, the company stated. “We’ve been closing the final details on several more major transactions, … altogether we’ve purchased portfolios worth PLN 1.3 billion. The new acquisitions will go into second quarter investments,” CEO Piotr Krupa said.