VostokFinance Group is a leading Eastern European credit management player which focuses on purchasing and collecting from distressed unsecured retail receivables. The Group companies have more than eight years’ experience in purchasing NPL portfolios in the CIS region. The Group specialises in purchasing and collecting distressed, unsecured retail receivables from banks, telecommunication and utilities companies. Companies of the Group also provide services to banking institutions on collection of non-performing loans on a commission basis. Since its formation in 2007, the Group has demonstrated a strong operational and financial track record. As of today, the Group has processed more than 2,500,000 cases. Since the start of 2012, VostokFinance Group has undertaken more than 70 million collection actions using one of the world’s most effective IT platforms for collection activities. VostokFinance Group’s customers chiefly consist of over 130 banks, utilities and telecommunication companies operating in Russia and Ukraine The Group’s reputation has been forged through its highly successful investment activities, its best-in-class collection performance, and its admirably ethical approach to work, dealing with both private and corporate clients.
