12.12.2023

65% of Romanians wouldn't be able to cover their expenses for even a week if they were to run out of income, nearly half (46%) of the population doesn't save any money, and of the people who do that, more

06.29.2022

The bad debt held by Romanian banks amounted to EUR3.4 billion last year and EUR339.5 million worth of unsecured retail and corporate loan portfolios were sold on the Romanian market, debt collector more

02.18.2022

Debt collection firm Kruk Romania in 2021 bought over 60 portfolios, coming to manage more than 2 million Romanians in 15 years of activity, said Cosmina Marinescu, CEO of Kruk Romania. more

02.04.2019

Lender Patria Bank, held by investment fund Axxess Capital, sold a batch of non-performing loans (NPLs) worth a total RON502 million to companies within Polish debt collection group Kruk. more

01.25.2019

Lender Patria Bank has sold a batch of non-performing loans totaling RON331.5 million to debt collector Kruk Romania, the bank said in a statement Friday. more

10.04.2018

Patria Bank will sell to Kruk Group a portfolio of bad debts consisting of some 9800 non-guaranteed consumer loans granted to natural persons, with a nominal value of approximately RON245 million, as more

07.24.2017

16% of Romanians would use their savings if they had no money left, compared with 29% of Germans and 27% of Italians, according to a comparative social research by Kruk Group. more

03.21.2017

Romanians postpone the payment of utility bills and bank installments but not the payment of the rent and mortgage loans, according to a study by debt collection firm Kruk. more

03.06.2017

The nominal value of debts sold or externalized by banks and other entities totaled EUR3.10 billion in 2016, versus EUR2.01 billion in 2015, debt collection group Kruk said in a statement. more

11.16.2016

Nearly 80% of Romanians have a bank account and 66% of them use Internet banking services, while 60% have to pay back loan instalments, according to a study by debt collection firm Kruk. more

11.07.2016

Debt collection firm Kruk registered a net profit of RON194 million in the first three quarters of 2016, up 16% from the year-earlier period, which represents 91% of the level reported for the whole more

05.23.2016

IFC, a member of the World Bank Group, and KRUK, a leading debt collection company in Central and Eastern Europe, have agreed to purchase a portfolio of non-performing loans (NPLs) from Bancpost and more

02.19.2016

Polish-held debt collection specialist Kruk is managing about one million receivables worth 8.6 billion lei (almost EUR2 billion), 600,000 of which bank loans that may be worth up to 80% of that. more

06.11.2015

CEC Bank, the only top ten bank still state-owned, sold almost 200 million lei (EUR45 million) worth of non-performing loans to debt collector Kruk at the end of last year, market sources say. The two more

11.12.2014

Debt collection firm Kruk Romania managed around 820,000 debts in January-September, totaling 6.9 billion lei (EUR1.55 billion), with the biggest debt worth RON2.2 million, general manager Tomasz more

12.13.2011

KRUK International, the Romanian branch of Polish group KRUK, took over in the first nine months of this year receivables with a total book value of 6.3 billion lei (EUR1.45 billion), up 54% from more

04.19.2011

Romania’s KRUK International, the local unit of Polish top debt collector KRUK, has processed total receivable worth over 2 billion lei (EUR1=RON4.091) in 2010, general manager Isabela Iacob said in more