Germany · Delayed Price · Currency is EUR PRA Group Company Description
PRA Group, Inc., a financial services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide.
The company purchases accounts that are primarily unpaid obligations of individuals owed to credit originators.
It also purchases and collects nonperforming loans, which are sold by credit originators when they choose not to pursue, or have been unsuccessful in, collecting the full balance owed.
In addition, the company is involved in purchasing and collecting on nonperforming loans where the customer is involved in a bankruptcy or similar proceeding; and purchase and provide fee-based services for class action claims recoveries.
Its nonperforming loans, includes general purpose and private label credit cards, consumer loans, auto loans, overdrafts, and small business loans.
The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014.
PRA Group, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia.
| Country | United States |
| Founded | 1996 |
| Industry | Short-Term Business Credit Institutions, Except Agricultural |
| Employees | 3,115 |
| CEO | Martin Sjolund |
Contact Details
Address: 120 Corporate Boulevard Norfolk, Delaware 23502 United States | |
| Phone | 888 772 7326 |
| Website | pragroup.com |
Stock Details
| Ticker Symbol | POV1 |
| Exchange | Frankfurt Stock Exchange |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| SIC Code | 6153 |
Key Executives
| Name | Position |
|---|---|
| Martin Sjolund | Chief Executive Officer |
| Rakesh Sehgal | Chief Financial Officer |
| Steven Macke | Chief Operating Officer |
| Lauren Partin | Head of Investor Relations |