AMCO AND SACE TOGETHER FOR THE OUTSOURCED MANAGEMENT OF FOREIGN NON-PERFORMING LOANS

AMCO - Asset Management Company and SACE SRV, a company of the SACE Group specialized in information services, monitoring and debt collection, kicked off operations related to the partnership for the management of loans to foreign debtors.

Specifically, AMCO outsourced to SACE SRV, the only company in Italy specialized in debt collection in the most remote foreign geographies, the management of a portfolio of corporate non-performing loans distributed in 20 countries.

The contract falls within the activities included in mutual agreement signed between the two parties to share best practices and specialised know-how in the credit management on both domestic and international markets, with the common goal of improving the effectiveness and efficiency in the value enhancement of non-performing loans.