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Axactor ASA (LTS:0QIG) Net Interest Margin (Bank Only) %


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What is Axactor ASA Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % only applies to banks.


Axactor ASA Business Description

Industry
Traded in Other Exchanges
Address
Karenslyst alle 8A, Oslo, NOR, NO-0278
Axactor ASA is a debt management company that specializes in purchasing and collecting debt portfolios. It also provides collection services for third-party-owned portfolios. The company operates in two segments: Non-performing loans (NPL) and Third-party collection (3PC). The NPL segment invests in portfolios of non-performing loans, which are presented as 'Purchased loan portfolios' in the consolidated statement of financial position. The 3PC segment focuses on performing debt collection services on behalf of third-party clients. Axactor ASA operates in Finland, Germany, Italy, Norway, Spain, and Sweden. The majority of its revenue comes from interest earned on purchased loan portfolios.