Arrow Global Group PLC(LSE:ARW) dropped from S&P Global BMI Index

Arrow Global Group Plc is a United Kingdom-based company engaged in purchase, collection and servicing of non-performing loans. The Company identifies, acquires and manages secured and unsecured defaulted loan portfolios from financial institutions, such as banks, institutional fund investors and specialist lenders. It purchases accounts from a range of businesses, including retail banks, credit card and telecommunication companies. It works with customers whose debts it acquires to agree repayments plans based on their individual circumstances. It operates in European markets, United Kingdom, Ireland, Portugal, Netherlands and Italy. It operates investment and servicing brands that are part of the European financial ecosystem, where it provides investment opportunities for institutional funds and deleveraging solutions for banks.