DDM Debt successfully restructures Greek transaction
DDM Debt AB (Nasdaq Stockholm: DDM2) announces that it has successfully restructured the Greek transaction it first entered into in August 2017. The restructuring has resulted in accelerated collections in excess of EUR 55 million and more than EUR 10 million positive impact to the net result of the third quarter. Henrik Wennerholm, CEO of DDM, commented: “I am delighted that we have successfully restructured our investment in Greece, which is particularly impressive given the current challenging market conditions. The transaction was the first larger NPL transaction in Greece and was a
Resurs will become the first the business world’s first company to support, and become a partner of, Alektrum Group’s Shoppa Lagom (‘shop in moderation’) initiative that aims to spread awareness and raise issues that help more people in society keep their finances balanced. Resurs sees the partnership as a part of its ongoing efforts to highlight the importance of sustainable credit lending, both as a basis for secure and smart loans and as a focus area for its sustainability activities.A wide range of players have emerged in the bank and credit industry in the past few years and the market
The international fintech celebrates the unprecedented success of its mobile app. The Currency Exchange app for Android has been downloaded over 2.1 million times. Many financial services providers can only dream of such a result.The app enabling quick and seamless currency exchange at attractive rates has become a hit of 2020. Exceeding 2.1 million downloads from Google Play, it recorded a 110 percent increase in downloads compared to last year. The impressive result gives Conotoxia an overwhelming advantage over some of its competitors.
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