Collector AB Announces Board Changes

Collector AB is a Sweden-based company engaged in the financial industry. The Company provides financial services, credit management and payment solutions primarily in the domestic market, Norway and Finland. It operates through two segments, such as Retail and Corporate. The Retail segment provides personal loans, credit cards and retail financing solutions for e-commerce and retail chains, as well as savings accounts through online services. The Corporate segment is responsible for the factoring and corporate lending to small and medium-sized enterprises, real estate credits and debt collection on behalf of clients, as well as acquires and manages portfolios of overdue or written off receivables.