Axactor acquires unsecured Non Performing Loan (NPL) portfolio in Germany
Oslo, 19 June 2017 - Axactor has acquired its first unsecured NPL portfolio originated by a large German Bank. The portfolio includes unsecured claims with a total Outstanding Balance (OB) of approximately EUR 32 million, with close to three thousand open accounts of individuals. Although a first in Germany, this acquisition means Axactor has now acquired portfolios in all Axactor countries during 2017, ensuring that the business continues to grow across the whole group. "This is our 1st portfolio acquisition since the acquisition of ALTOR GmbH and complements the