PRA Group Inc

NASDAQ:PRAAUnited States

PRA Group, Inc. is a financial and business services company with operations based primarily in the Americas and Europe and Australia. The Company’s primary business is the purchase, collection and management of portfolios of nonperforming loans. The accounts it purchases are primarily the unpaid obligations of individuals owed to credit originators. It purchases portfolios of nonperforming loans at a discount in two categories: Core and Insolvency. Core operation specializes in purchasing and collecting nonperforming loans, which it purchases since the credit originators have chosen not to pursue, or have been unsuccessful in, collecting the full balance owed. Insolvency operation consists primarily of purchasing and collecting nonperforming loans where the customer is involved in a bankruptcy proceeding, or the equivalent thereof, in certain European countries. It also provides fee-based services on class action claims recoveries in the United States.

Contact Information

Headquarters

120 Corporate Blvd Ste 100NORFOLK, VA, United States 23502

Phone

757-519-9300

Fax

302-636-5454

Executives

Non-Executive Independent Chairman of the Board

Steven Fredrickson

President, Chief Executive Officer, Director

Vikram Atal

Chief Financial Officer, Executive Vice President

Rakesh Sehgal

President, PRA Group Europe

Martin Sjoelund

Chief Human Resource Officer, Executive Vice President, General Counsel

Latisha Tarrant