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...
First bond issue launched by KRUK under Seventh Bond Programme
On September 7th 2020, KRUK published the Final Terms and Conditions of Series AK1 bonds (the “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...
PFSA gives the green light for public bond issues by KRUK
The Polish Financial Supervision Authority (PFSA) has approved the prospectus, submitted on April 21st 2020, for the 7th Bond Programme with a total nominal value of all bond series of up to PLN 700m. Under the prospectus, the Company will be able...
KRUK to share its 2019 profit with investors
On July 27th 2020, the Management Board of KRUK S.A. resolved to recommend to the General Meeting that a portion of the Company’s net profit for 2019 be allocated either to buy back Company shares for cancellation at a price of PLN 350 per...
Recoveries at PLN 417m in second quarter of 2020
Recoveries from portfolios held by the KRUK Group totalled PLN 894m in the first half of 2020, having risen 2% year on year. All the markets where KRUK operates were affected to varying degrees by the COVID-19 pandemic and related lockdown...
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