a city street filled with lots of trafficPhoto by Thomas Lohmann
  • KRUK Group’s Q2 2024 recoveries hit PLN 883 million, up 14% YoY and 3% QoQ, with a 16% YoY increase for H1 2024 to PLN 1,738 million.
  • Foreign markets, especially Italy, contributed 58%. Investments in debt portfolios totaled PLN 565 million in Q2 2024 and PLN 900 million in H1 2024, mainly in unsecured retail debt.

July 09 2024 10:10:18 UTC– Polish KRUK S.A. invested PLN 565 million in debt portfolios in Q2 2024, while recovering PLN 883 million, a 14% increase year on year.

CEO Piotr Krupa highlighted strong recoveries, especially in foreign markets like Italy, and emphasized the focus on unsecured retail debt portfolios.

The company aims for enhanced operational efficiency and data-driven decisions. Investments were mainly international, with Italy being a key market.

Full data for the first half of 2024 will be released on August 27, 2024.

By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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