DEBT COLLECTION
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Survey: Four in Five Romanians Pay Bills on Time
Payment punctuality among Romanians is on the rise, as 81% of bills are paid on time in 2019, compared with 74% in 2018, according to a Kantar survey presented Tuesday by Georg Kovacs, manager of debt collection company EOS Romania.
Debt Collector APS Seeks To Buy At Least EUR250M Worth Of NPL In 2017
APS Romania, the local division of the Czech debt collection group by the same name, says it has budgeted investments of at least EUR25 million in buying non-performing loans this year.
Romanian Debt Collection Market Seen Up 8% To EUR2.7B In 2016 - Top Factoring
Romanian debt collection market is estimated to grow by minimum 8% in 2016, to EUR2.7 billion, given the general market trend and the value of the portfolios to be put up for sale, according...
Debt Collection Market Up 11% In 2015
The debt collection market rose by 11% to EUR1.6 billion (debt referred) last year, largely because of the corporate segment, but started from a very low base.
Romanian Debt Collection Market Down 28% To EUR1.25B In 2014
The Romanian debt collection market fell 28% to EUR1.25 billion in 2014, due to the 34% fall on individuals segment, but the value of collected debts rose 24% to EUR475 million, according to...
Romanian Debt Collection Market Up 18% In 1H, To EUR747M
The Romanian debt collection market rose 18% in the first half of 2013 to EUR747 million, from EUR615 million in the similar interval a year ago, the Debt Management Service Association (AMC...
Banks Sold EUR700M Bad Loans To Debt Collectors In 2011
Bankers sold non-performing loans worth EUR684 million in 2011 to firms specializing in debt collection, with most transactions being reported between September and December, as many banks s...
Debt Collection Down 12% On Year In First Quarter
Romanian debt collection market fell 12% on the year in the first quarter, as liquidity bottlenecks put upward pressure on recovery costs, the Debt Management Service Association (AMCC) said...