About FENCA
Founded in 1993, FENCA’s 23 national member associations represent 75% of all credit management, debt collection and debt purchase companies in Europe and hold 80% of the market share within the EU, with well over 80,000 staff providing services for more than five million businesses, including SMEs, European and overseas banks, as well as the public sector across the EU.
One of the key activities of FENCA is to set and continuously improve business standards and good practices within the sector across the EU, to which its members subscribe in order to provide the best possible service to creditors, clients and consumers alike.
The European credit management, debt collection and debt purchase sector re-injects between 45 and 55 billion Euros of valid claims back into the EU-economy each year, thereby securing above all the liquidity of micro, small and medium enterprises within the EU, while helping to keep the cost of credit at a reasonable level for all consumers.
Polish Association of Financial Companies ZPF joins FENCA
Berlin, 12 August 2024
We are delighted to announce that ZPF (Związek Przedsiębiorstw Finansowych w Polsce), the leading Association of Financial Companies in Poland, has joined FENCA as a full member.
Commenting on this announcement Claus Spedtsberg, President of FENCA, said:
“We are very happy to welcome ZPF to FENCA and I am especially glad that we now have a second member representing the very important Polish market. The entire financial and legal services sector is changing at an increasing pace, employing latest digital technologies while widening the business scope. To have the expertise of ZPF and its members who are not only active in debt collection and management, but also in consumer finance banking, credit intermediation, financial advisory, economic information exchange, and insurance, is a great benefit to FENCA and all its members.”
Marcin Czugan, President of the Management Board of ZPF, stated:
„On behalf of ZPF, I would like to thank FENCA for welcoming us to the organisation. ZPF is the largest multi-sectoral organisation in Poland, representing financial companies, including debt collectors. Debt management is one of the key elements ensuring the proper functioning of the economy, in particular the financial market. Polish debt collection companies are already key players on the European market. Therefore, our membership of FENCA creates a natural synergy that will strengthen the European representation of our companies. I believe that we can bring new energy, experience and knowledge to our European family”.
