DGAP-News: PRA UK Wins Credit Excellence Award in Compliance
(firmenpresse) - Portfolio Recovery Associates
29.10.2013 17:30
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KILMARNOCK, Scotland, 2013-10-29 17:30 CET (GLOBE NEWSWIRE) --
Portfolio Recovery Associates UK (PRA UK), a leading debt purchase and
contingent collections business, was honoured with the Credit Excellence Award
in Compliance for 2013 from Credit Collections&Risk (CCR) media. CCR annually
recognises excellence within the credit, collections and risk industry.
At this month's awards ceremony, CCR's presenting judge, Alasdair Skeoch, head
of credit operations, BrightHouse, said, 'This award was strongly contested
with entrants representing the very big and the very small. Our finalists were
all potential winners, but Portfolio Recovery Associates UK demonstrated that
they have invested heavily in ensuring their compliance is best in class whilst
not letting that distract them from delivering great customer outcomes.'
Owen James, chief executive, PRA UK, said, 'We are particularly pleased to have
been recognised and successful in the category of excellence for compliance.
This award reflects our clients' and our own uncompromising, continued
commitment to treating customers fairly and is a credit to our entire UK team.'
About PRA UK
Portfolio Recovery Associates UK (PRA UK) is a leading debt purchase and
recovery business. By purchasing defaulted consumer debt, PRA UK returns
capital to banks and other creditors throughout England, Ireland, Scotland and
Wales that helps expand financial services for consumers. PRA UK's fee-based
business also helps UK banks, finance houses, utilities and creditors recover
past-due receivables from their customers. The company has a strong culture of
compliance and works with customers to create realistic, affordable repayment
plans on owned accounts and those managed on behalf of its clients.
PRA UK is a subsidiary of Portfolio Recovery Associates, Inc. (Nasdaq:PRAA), a
financial and business services company and leader in the U.S. debt buying
industry. For more information, please visit www.portfoliorecovery.com/uk/.
CONTACT: News Media Contact:
Ray Atkinson
Assistant Vice President, Corporate Communications
US 757-961-3264
RayAtkinson(at)PortfolioRecovery.com
News Source: NASDAQ OMX
29.10.2013 Dissemination of a Corporate News, transmitted by DGAP -
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The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Portfolio Recovery Associates
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US73640Q1058
WKN:
End of Announcement DGAP News-Service
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Datum: 29.10.2013 - 17:30 Uhr
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News-ID 310474
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