APS Holding SE achieved significant milestones in three key areas of its business in 2014.
APS successfully underwrote and invested in some 11 portfolios of Non-performing Loans (“NPLs”) in 2014, across 5 countries including Czech Republic, Slovakia, Bulgaria, Poland, and Romania.
IFC PARTNERS WITH APS HOLDING TO TACKLE NON-PERFORMING LOANS IN EASTERN AND SOUTHERN EUROPE
IFC, a member of the World Bank Group, signed agreements with APS Holding, a distressed asset investment management and servicing company, to acquire non-performing loan (NPL) portfolios and restore access to finance for businesses and consumers.
VB Romania closed sale of half a billion Euros of NPL
A non-performing portfolio of secured loans with a volume of EUR 495 million has been sold to an international investors consortium. First transaction of its kind on the Romanian market will allow other banks to follow.
APS Holding Buys MKB's Debt Collection Company
MKB Bank, the Hungarian group that sold Nextebank to investment manager Axxess Capital this spring, has completely left Romania, following the sale of Corporate Recovery Management to APS Holding last month.