STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Learn more at: https://www.collector.se/en/about-collector/investors/rights-issue
This information is information that Collector AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 07:30 CET on 16 September 2016.
Collector is an innovative, digital, niche bank that offers financing solutions to private and corporate customers. Since 2005, Collector has had annual organic revenue growth of just over 30% and profit growth (EAT) of approximately 56%. Operations are comprised of the Retail and Corporate segments. Within the Retail segment, the Company is engaged in lending to private individuals, invoice and payments by instalments to e-commerce and retail companies, credit card services and deposits. The Corporate segment includes factoring and company credits directed mainly at small and medium-sized enterprises, property finance, debt collection on behalf of clients (assignment debt collection) and the acquisition of portfolios of overdue receivables.
The company has offices in Gothenburg (HQ), Stockholm, Malmö, Helsinki and Oslo. The Group is comprised of the parent company, Collector AB (publ); the wholly-owned subsidiary, Collector Bank AB, in which the main operations are conducted; and Collector Finance & Law AB and Collector Norge AS, which are active in commissioned services and debt collection. Collector is listed on the Nasdaq Stockholm Mid Cap list.
Find out more at www.collector.se/en/
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