As regards debt collection outsourced to Romania, the growth trend maintained in 2016, posting a moderate growth of 2%.
Guaranteed outsourced debt in 2016 accounted for 2.5% (EUR2.6 million) of total outsourced domestic B2C bank debts (individual debtors), while guaranteed acquired debt accounted for less than 1% (EUR1.2 million) of total acquired domestic debt.
The telecom sector was among the most active, accounting for 68% of outsourced debt collection cases.
B2B (business to business) debt collected in 2016 totaled around EUR93.6 million on the Romanian market.
Debt collection revenues increased 39% in 2016, as B2C debt collection grew 6%, B2B debt collection grew 197%, and debt acquisition grew 43%.
“The Romanian debt collection market remains dynamic and competitive. Debt management companies remain focused on offering solutions to debtors, seeking amiable resolution,” said AMCC Georg Kovacs.
The association has 15 members which account for around 80% of the local debt collection market and 90% of the debt collection services market.