The Management Board of Fast Finance S.A. wishes to inform that today the Board obtained a signed contract for the purchase of a debt portfolio whose total nominal value amounts to PLN 37 694 476.21.
The contract was awarded to the Company in a tender announced by a leading retail bank. The terms of the Company’s offer did not differ from the established market standards in this scope. To date the Company has purchased retail debt portfolios with a total value exceeding PLN 237 mln. The Company pursues the strategy for acquiring retail debts of individuals, which the Company deems to be the safest products on the debt trading market. The above contract will have a significant and positive impact on Fast Finance S.A. results in 2009 and the following years.
