Nordea sells non-performing loan portfolio
Nordea has entered into an agreement with the Norwegian company B2Holding to sell a portfolio of non-performing loans. A total of 12,000 non-performing customer accounts will be transferred to B2Holding, which operates the debt collection company Nordic Debt Collection in Denmark. “We let professional debt collection companies take over more of the non-performing accounts. Instead we can focus on our prevention work and help our customers avoid debt problems,” says Mads Skovlund, Deputy Head of Personal Banking, Denmark. The portfolio of close to 12,000 customer accounts represents