Axactor acquires a large unsecured portfolio from "Santander Consumer Finance" in Spain.
Oslo, February 22th, 2018 Axactor has acquired a portfolio with a total outstanding balance of EUR 133 million from "Santander Consumer Finance", one of the largest financial institution in Spain. The portfolio consists of more than 15 000 cases coming from non-performing loans on auto market. It is the second auto portfolio Axactor Spain purchases in less than six months, and implies a remarkable increase on the expertise and know-how of Axactor Spain Auto management. "Axactor Spain is delighted to close its first unsecured NPL transaction of the year. The portfolio demonstrated