19/06/2024
KRUK purchases more debt portfolios in Spain
As announced today, KRUK’s Management Board has signed agreements to acquire portfolios of unsecured retail debt with a total nominal value close to EUR 363 million (PLN 1.57bn, when translated at the mid exchange rate quoted by the National...
22/05/2024
KRUK increases access to bank credit
On 21 May 2024, the KRUK Group executed an annex to the multi-currency revolving credit facility agreement with a bank syndicate, with Oslo-based DNB Bank ASA serving as the agent. The annex increased the available credit from EUR 575 million to a...
08/05/2024
KRUK Group announces Q1 2024 earnings
The Management Board of KRUK S.A. has today released KRUK’s financial results for the first quarter of 2024. The KRUK Group’s net profit amounted to PLN 338 million, up 44% y/y, while recoveries from purchased debt portfolios reached PLN...
22/04/2024
KRUK increases investments in Italy
Today, KRUK has signed an agreement with UniCredit S.p.A. of Milan to acquire a portfolio of unsecured retail debt totalling EUR 35m of nominal value (PLN 152m, translated at the mid exchange rate quoted by the National Bank of Poland for 22 April...
09/04/2024
KRUK invests PLN 335m and recovers PLN 856m in Q1 2024
Recoveries from purchased portfolios posted by the KRUK Group for the three months to 31 March 2024 totalled PLN 856m, up by 18% year on year and 10% quarter on quarter. The deviation between actual and projected recoveries was PLN...
27/02/2024
KRUK Group’s 2023 net profit exceeds PLN 1bn
Today, the Management Board of KRUK S.A. has released KRUK’s financial results for the full year 2023. The Group’s net profit for 2023 reached PLN 1,013m, marking a 26% increase year on year, and cash EBITDA stood at PLN 2,104m, a 16%...
23/02/2024
KRUK allocates PLN 70m worth of bonds with 75% order reduction
Today, KRUK has successfully allocated its Series AO7 bonds with a total nominal value of PLN 70m. The order reduction of 75.37% sets a new record in the Company’s history for issuing prospectus-based bonds with a nominal value exceeding PLN...
