40.79000 EUR
0.14
0.34%
Last update Dec 17, 9:55 PM CET
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Day range
40.62000
41.060001
Previous close
40.65000
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40.65000
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Axactor ASA
40.79
0.14
0.34%

Overview

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Description

Axactor ASA is a prominent player in the field of debt collection and management. The company primarily focuses on acquiring and recovering non-performing loans (NPLs) across several European markets. By purchasing portfolios of overdue loans from banks and financial institutions, Axactor ASA plays a critical role in aiding these entities to manage their balance sheets more effectively. The firm operates predominantly within the financial sector, dealing with unsecured consumer debts and small-to-medium enterprise loans. Headquartered in Oslo, Norway, Axactor ASA leverages advanced analytics, technology, and a customer-centric approach to enhance its recovery processes and operational efficiency. The company's efforts contribute to healthier financial systems by enabling lenders to offload distressed assets, thus improving their capital adequacy. As part of the larger debt management industry, Axactor ASA significantly impacts sectors such as banking, finance, and consumer credit, providing crucial services that support economic stability. With a strong presence in countries like Spain, Italy, and Germany, the firm's strategic expansion underscores its importance in the European debt recovery landscape.

About

CEO
Dr. Thomas Buberl Ph.D.
Employees
100041
Address
25, Avenue Matignon
Paris, 75008
Phone
33 1 40 75 57 00
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Diversified
Country
Germany
MIC code
XSTU
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