APS Group in Ukraine: Portfolios acqusitions and servicing under highest international standards

APS Group is pursuing its strategy for the Ukrainian NPL market. The company headquartered in Prague has been present in Ukraine since 2019 and has already sealed two servicing deals of secured portfolios. APS is seeking opportunities for future portfolio acquisitions and servicing directly from banks as well as from Ukrainian Deposit Guarantee Fund (DGF). 

"Our recently concluded servicing deals are the first steps in the new territory. Our strategic goal is to purchase and service non-performing loan portfolios directly from banks or Deposit Guarantee Fund," said the owner and CEO of APS Martin Machon.

DGF is one of the largest asset holders on the market. Between 2014 and 2018 the fund got under the management assets amounting 16,5 billion euros from banks that failed. The main aim of DGF is to help with NPL reduction and recovery of the financial sector. 

"APS strongly believes that only by connecting the local and foreign expertise can the highest value-added be delivered. Therefore, we are glad to announce that APS Group and Avistar Group are currently in the final stages of negotiations on the strategic acquisition of Avistar´s servicing company. APS remains committed to our objective to bring foreign investment and highest standards in debt recovery strategies to Ukraine and help resolve the burden of non-performing loans,” CEO Martin Machon added. 

APS is a leading asset management firm focusing on investment and management of distressed debt and, real estate within Central and South-eastern Europe. The company employs about 1000 professionals in 17 countries. APS was founded in 2004 and is headquartered in Prague. More information on www.aps-holding.com

 

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