KRUK releases information on recoveries and investments in Q2 2026

Recoveries from debt portfolios purchased by the KRUK Group totalled PLN 1,039 million in the three months ended 30 June 2026, up by 5% year on year and 7% quarter on quarter. The deviation between actual and projected recoveries in the three months to 30 June 2026 was PLN 45 million*.

“It was a solid quarter, with total recoveries exceeding PLN 1 billion. As in the first quarter, the majority of recoveries were generated in foreign markets, while Poland accounted for 40% of the total. We recorded year-on-year growth across each of our five geographic markets, despite the weakening of the Romanian leu. Overall, recoveries across all markets were 5%** above our accounting estimate for the period. In Spain, recoveries improved quarter on quarter, rising by almost 20%. At the same time, our operational teams, particularly in Poland, remain heavily involved in key transformation projects, including the development of KRUK’s digital ecosystem. I therefore see the ability to balance current performance with long-term growth initiatives as a key strength of our organisation,” says Piotr Krupa, CEO of KRUK S.A.

In the three months ended 30 June 2026, the KRUK Group invested PLN 351 million in debt portfolios with a nominal value of PLN 1.1 billion, compared with PLN 577 million of investments in debt with a nominal value of PLN 2.6 billion in the second quarter of 2025. More than 85% of all investments involved the purchase of unsecured retail debts.

 “In the second quarter, Poland was our largest investment market. We remained active across all five of our markets and resumed active participation in debt auctions in Spain. Competition continues to be reasonable, and our investment ambitions for the year remain unchanged. As in previous years, we expect the supply of debt portfolios and the value of potential investment opportunities to increase in the second half of the year,” concluded Piotr Krupa.

Full data for the three months to 30 June 2026 will be published on 26 August 2026.

* The ‘deviation of actual recoveries from budgeted figures, decreases on early collections in collateralised cases, and payments from the original creditor’ item of the financial statements;

** The percentage deviation between actual and projected recoveries is determined as the ratio of ‘deviation between actual and projected recoveries’ to the difference between ‘actual recoveries’ and ‘deviation between actual and projected recoveries.’