2 February 2010
TAS Group acquired 51% of the European Agency for Debt Recovery at Swedbank
This transaction, the Group strengthened its position in the financial sectorGroup TAS has purchased 51% of the European Agency for Debt Recovery at Swedbank.
In 2010 the company plans to buy portfolios of bad loans from commercial banks, on the one hand easing the load on their balance sheets, the other - to work professionally with problem debts.
"The European Agency for Debt Recovery" was established in October 2007 with a registered fund of about $ 4 million. The main goal is to promote the financial and non-financial institutions in the field of return of troubled assets. In the organization of a company, we have collaborated with the world famous American company Accenture, which gave us a great experience in the sphere of the European practice of collecting relations.
The range of services offered by "European Agency for Debt Recovery" - is complex. Dealing with debt is in three main areas - soft-collection (pre-trial punishment through telephone conversations), individual-collection (pre-trial punishment through direct meetings with the debtor) and legal-collection (legal punishment). Kollekshina processes based on the use of modern methods of collection, implemented on the basis of the call center operators with the number up to 130 people (the ability to generate over the phone to 260 000 contacts per month) and the All-Ukrainian Network of Regional individual-collection missions.
Source: Press Group "TAS"