QUALCO is pleased to announce its participation as a new member at the German Federal Association for Loan Purchase and Servicing (‘Bundesvereinigung Kreditankauf und Servicing’ or BKS) aiming to contribute to developing good market standards and best practices for the management of non-performing loans in Germany.
Jürgen Sonder, President of BKS and Chairman of the Senior Advisory Board of the Intrum Group in Germany, states that
“I would like to welcome QUALCO to the association and I ‘m convinced
that QUALCO’s international experiences will enrich our organisation.”
Johannes Busse, Regional Director DACH at QUALCO states
“Our partnership with BKS marks an exciting new chapter for QUALCO.
We look forward to exchanging great ideas and experiences with some of the leading actors of the German NPL market.”
QUALCO was recently included in BKS’ NPL Risk News, published in December 2020.
The Federal Association for Loan Purchase and Servicing (‘Bundesvereinigung Kreditankauf und Servicing’ or BKS) was established in June 2007. The members of BKS are constituted by the leading companies in the non-performing loan market in Germany. The BKS offices are located in Berlin, Germany.
The BKS is registered in the public list of interest groups of the federal parliament, the German Bundestag, and represents the industry’s interests vis-à-vis the government and the general public.
For more than 20 years, QUALCO supports organisations in adapting to a constantly changing credit risk and distressed asset landscape driven by economic, regulatory, and behavioural considerations at both global and local levels.
Our technology comprises enterprise-class, highly scalable, end-to-end systems that drive our 70+ clients around the world to new levels of efficiency and effectiveness. We’re investing in explainable AI and Machine Learning to make sense of our client’s data by bringing predictive insights to their operations.
Learn how you can improve loan collections, reduce credit risk and mitigate losses through technology and innovation at www.qualco.eu