APS was established in 2004. During our 18-year existence, we have managed to take a leading position in 15 countries. We primarily operate in the markets of Central and South-eastern Europe. The core of our business consists of three pillars – alternative asset management, real estate investment, and debt recovery We carry out a full range of activities including third-party servicing, NPL portfolio management for institutional investors, and purchasing entire NPL portfolios. We are currently managing 102 NPL portfolios with a total nominal value of more than EUR 10.3 billion. Our company would not have achieved this without the highest ethical standards. This value has been an essential and integral part of our corporate strategy from the very beginning. An equally important value for us is continuity. Long-term cooperation with national institutions and supranational regulators and banks makes APS a trustworthy and stable partner. A crucial part of the APS story is also the people working for APS – they are the know-how base for the entire group.