News

18/02/2021

KRUK places PLN 20m of Series AK2 bonds with 82% reduction rate

On February 18th 2021, KRUK allotted 200,000 Series AK2 ordinary bearer bonds with a total nominal value of PLN 20m. Subscriptions opened on February 3rd and closed on February 16th 2021. It was the Company’s second and this year’s first...

29/01/2021

KRUK launches AK2 bond issue

On January 29th 2021, KRUK published the Final Terms and Conditions of its Series AK2 bonds. The bonds will be distributed via a public offering at an issue price equal to their nominal value of PLN 100 per bond, with the aggregate nominal value not...

08/01/2021

KRUK in 2020: PLN 1.8bn in cash collections and PLN 0.5bn in new investments

In 2020, the KRUK Group’s collections from purchased portfolios reached PLN 1.83bn, up by 3% on 2019, representing a new record for the Group. Over the same period, the Group invested PLN 456m across four markets, buying new debt portfolios...

30/12/2020

KRUK invests in debt portfolios with nominal value of PLN 816m

KRUK has announced in a current report today that is has bought a debt portfolio in Spain, with a nominal value of PLN 372m, from a bank of the BNP Paribas Group. As of today, the nominal value of debts purchased or to be purchased by the KRUK Group...

22/12/2020

KRUK finalizes debt portfolios purchase agreement with nominal value of PLN 839m from Getin Noble Bank in Poland

On December 21st 2020, KRUK announced in a current report that it had signed purchase agreement to buy debt portfolios in Poland, worth nominally PLN 839m, from Getin Noble Bank S.A. “Several days ago we informed the market about our...

16/11/2020

KRUK informed about the results of the conducted purchase of own shares

On November 16th 2020, the Management Board of KRUK S.A. released Current Report No. 42/2020, in which it announced the acceptance of tenders to sell KRUK shares submitted by the Company’s shareholders in response to the buyback offer, carried...

05/11/2020

KRUK in Q3: strong recoveries, sound liquidity position and record-high cash EBITDA

In Q1–Q3 2020, KRUK generated record-high cash EBITDA, of PLN 915m, up 8% year on year. In Q3 alone, cash EBITDA and net profit reached PLN 324m and PLN 54m, respectively. KRUK more than recouped its YTD loss, delivering net profit of PLN...

29/10/2020

KRUK's Q3 2020 estimated net profit at PLN 54m, and Q1-Q3 preliminary cash EBITDA at PLN 915m

On October 29th 2020, the KRUK S.A. Management Board announced that the KRUK Group's preliminary estimated consolidated net profit for Q3 2020 was PLN 54m. On a cumulative basis, for the period from January 1st to September 30th 2020, the figure...

13/10/2020

KRUK presents details of its share buyback – the tenders will be accepted until November 13th

Today KRUK has presented details of its share buyback offer to the shareholders. Tenders submitted in response to the offer will be accepted from October 19th to November 13th 2020. Santander Biuro Maklerskie has been selected at the brokerage house...

09/10/2020

KRUK posts good recoveries and debt sales market reopens in Q3 2020

Recoveries from the portfolios held by the KRUK Group totalled PLN 1,346m in the first three quarters of 2020, having risen 3% year on year. Total recoveries in the third quarter of 2020 alone amounted to PLN 452m, up 4% year on year and as much as...