Backgrounder

EGB Investments SA is joint - stock company of the financial sector. Since 1995 the Company has been successfully helping entrepreneurs overcome problems with unpaid receivables.

‘Business problems may happen to everybody but not everyone knows how to deal with them. In EGB we always try to help and find a common solution,’ says Krzysztof Matela, President of the Management Board of EGB Investments SA.

The activity of EGB Investments SA focuses on four basic areas:

  • collection of the portfolios purchased by the Company,
  • rendering debt collection services for other entities including, first of all, banks and insurance companies,
  • servicing securitized receivables,
  • providing due diligence services of debt portfolios offered for sale on the market, especially secured portfolios.

The Company’s authorities gradually extend their business activity finding new, niche and consequently the most profitable market segments. An example of it may be the position of the leader in advisory and consulting services (examination and assessment of debt portfolios- due diligence). In comparison to its competitors in a debt collection industry, EGB Investments maintains a high position considering a total value of the handled debt portfolios.

In the year 2006, EGB Investments SA and Skarbiec Towarzystwo Funduszy Inwestycyjnych SA, [Skarbiec Investment Fund Society] established an own securitization fund. EGB Basic Non-Standardised Securitisation Close-End Investment Fund deals with the acquisition of overdue banking receivables in relation to the physical persons and receivables of corporate nature resulting from mortgage credits, consumption credits, car credits, credit cards and leasing agreements. Up to this day, the Fund has purchased corporate banking receivables of the nominal value of above PLN 2 billion.

The Company’s own law office, which deals with servicing receivables commissioned exclusively by EGB Investments SA and its clients and the securitization fund, enables to work effectively and efficiently and concentrate on the Company’s Client and his/her requirements.

‘Our company means a strong brand, credibility and a positive image. Thanks to the growing number of the concluded contracts and positive comments made by our clients, we are seen as a credible partner,’ says Krzysztof Matela, President of the Management Board of EGB Investments SA.

‘We manage receivables of the largest banks, companies from the financial and insurance sector, stationery and mobile phones operators as well as cable TV operators. Yet, we also cooperate with oil concerns, food concerns and companies from the small and medium-sized enterprise sector,’ adds President Matela. EGB Investments SA is also a reliable partner of the worldwide financial institutions investing in the securitization market in Poland.

The Management Board of the Company - Jolanta Małgorzata Niewiarowska i Krzysztof Matela have been working together for 15 years. It is undoubtedly a guarantee of the stability of decisions and predictability of management processes. The Members of the Board combine work and passion, at the same time working actively in various entrepreneurs’ organisations.

They both are co-founders of the industry organisation: The Polish Debt Collection Association and they are still members of its supervisory bodies. Krzysztof Matela has been a Vice- President of Business Centre Club since 2007. Jolanta Małgorzata Niewiarowska is a Chairwoman of the Ethics Committee of Conference of Financial Companies in Poland.

EGB Investments SA is a well-managed enterprise. It maintains a stable level of employment. The company pursues a coherent personnel policy including the modern and effective performance control and working efficiency system, periodic appraisal system as well as the motivational and employee development system.

As one of the first debt collection companies in Poland, EGB Investments SA implemented the Quality Management System compliant with ISO 9001:2008. The applied procedures within the system enable to conduct debt collection activities in accordance with the highest standards determined in the industry.

As one of the few debt collection companies, EGB Investments SA implemented the Information Security Management System compliant with ISO 27001:2005, which guarantees full confidentiality of the processed data. It meets all the requirements specified by the Act on Personal Data Protection and regulations concerning organizational conditions which should be applied by all the devices and IT systems utilized in personal data processing.

EGB Investments S.A. operates in compliance with the law applicable in Poland, Fair Debt Collection Practices determined by the Conference of Financial Companies in Poland and ‘The Code of Professional Ethics’ specified by the Polish Debt Collection Association. Every year the Company is given prestigious awards and distinctions, among others, the following titles: The Leader of the Year, Euro Leader, Fair Play Enterprise, Polish Business Leader, the European Medal award for services as well as ‘The Transparent Company’ certificate.

One of the elements of the strategic plan of EGB Investments SA for the year 2010 is a debut on the NewConnect market. An introduction to the alternative market will enable the Company to raise capital which is indispensible to realise strategic assumptions and, in the future by the year 2012, to be listed on the main market of the Warsaw Stock Exchange.

The Management Board of the Company has drawn up the Company’s Development Strategy for the years 2010-2012 which focuses on aiming to realise five basic strategic objectives:

  • maintaining the position of the leader in the field of the securitisation of corporate receivables,
  • improving the Company’s market position in the field of purchasing portfolios of corporate and retail receivables,
  • increasing the value and volume of the portfolios in the field of debt collection on commission,
  • maintaining the position of the leader in innovation and innovative market solutions by creating and introducing new services,
  • maintaining the position of the market expert.

‘We’ve been in the market for 15 years. Our company has gained the leading position in many segments of the industry. We have higher aspirations. Thanks to new shareholders we will be able to continue the expansion into the developmental market area. We will be creating solid and real value for them, trying to make our actions effective at the same time,’ says Krzysztof Matela, President of the Management Board of EGB Investments SA.

It is worth remembering that a market segment related to unpaid receivables displays a growing tendency. Companies which manage receivables have significantly changed their policies for the last few years. Their attitude towards debtors has evolved and today they are aiming to help them settle their debts. Only fair practices are permissible and they are applied by EGB Investments in its actions. Thanks to ethical conduct and trust, the Management Board has created enormous goodwill in the market, which is also an attractive investment. There appears a unique opportunity to invest in the mature segment of the market showing a stable growing tendency in the favourable phase of the business cycle.