Non-performing loans in Bulgaria fell to their lowest level since 2009 but their share continues to be higher than the EU average The non-performing loans (NPLs) throughout the EU have diminished to their lowest level since the financial crisis, according to the newest data from the European Banking Authority (EBA), which examined a sample of 150...

Norway-based B2Holding, that owns Debt Collection Agency EAD (DCA), today reports all-time high gross cash collection and cash EBITDA combined with reductions in leverage and cost to collect, the company’s interim report shows. B2Holding had total operating revenues of NOK 880 million (€86.6M) in the third quarter, an increase of 18 per cent from the...

This year was an eventful one at Debt Collection Agency. In our seventh year, we managed to become the first in the sector in Bulgaria, acquired the largest non-performing loan portfolio ever sold on the local market, and we were the first to launch a digital solution for their private clients.We’ve reached many milestones, but...

Norway-based B2Holding, the owner of Bulgarian Debt Collection Agency (DCA), has through its Czech subsidiary B2 Kapital entered into an agreement with Moneta Money Bank to acquire a portfolio of non-performing loans in Czech Repiblic. The portfolio has an aggregate nominal value of approximately EUR 47 million and consists of approximately 12,000 unsecured, retail non-performing...

At a time when everyone is talking about customer care and a human factor in digital communication, it may be surprising that there are also areas where the rule “less human – the better” tends to be more effective. Receiving letter after letter and discussing with a stranger the unpleasant situation of having overdue loans...

Norway-based B2Holding, the owner of Debt Collection Agency (DCA), has through its Italian subsidiary B2 Kapital entered into an agreement to  acquire a portfolio of secured retail and non-retail non-performing loans from EMIL BANCA – CREDITO COOPERATIVO SOCIETÀ COOPERATIVA. The  portfolio has an aggregate nominal value of approximately EUR 100 million. With this transaction B2K...

After the strong performance of the sector in 2017, companies are preparing for record volume deals Overdue debts are a valuable asset that attracts investors and can bring profits. It wasn’t exactly this way seven years ago, when the first debt management and collection companies started their businesses in Bulgaria. The perception of bad debts...

Debt Collection Agency (DCA), part of Norway-based B2Holding, continues to grow its business and retains a leading position on the debt purchase market in Bulgaria. In the past year the company increased its revenues by 18% to BGN 22.3 million generating a net profit of BGN 6.17 million, reveals the company’s annual financial report. DCA’s...

B2Holding, the owner of Debt Collection Agency (DCA), has through its Croatian subsidiary B2 Kapital d.o.o, entered into an agreement with Zagrebacka banka d.d to acquire a portfolio of non-performing loans in Croatia. The total gross book value of the portfolio is EUR 245.7m as of July 2017. The agreement was signed on June 15...