23 June 2022

Axactor Italy

Press release

Axactor Group: two new agreements signed in the Italian Servicing market

The Axactor Group signs two new partnerships and thus strengthens its strategic position in the Italian Servicing market.

The Axactor Group signs two new partnerships and thus strengthens its strategic position in the Italian Servicing market.

The first one was signed with one of the leading European financial companies and provides monthly assignments of outstanding loans linked to positions not yet defaulted.
The management of this new mandate is entrusted to C.R. Service which, with its offices in Milazzo and Grosseto, represents the Group's operational structure in Italy dedicated to Servicing.

The second partnership was concluded with one of the main Special Servicers operating in the market for the management of NPL banking portfolios.

Antonio Cataneo, CEO of Axactor Italy and C.R. Service commented:
"We are very pleased to announce these two new partnerships that are added to others already signed in 2022, which not only strengthen our presence in Italy as a Servicer, but also confirm the continuous expansion of services we offer ".

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Alessandro Scorsone

Sales & Marketing Director Italy

alessandro.scorsone@axactor.com