Santander puts up for sale a portfolio of NPLs

Santander puts up for sale a portfolio of NPLs
Image by: Santander

Diglo will manage the sale of Banco Santander Spain’s portfolio of real estate assets (Real Estate Owned, REO). In addition, the financial institution has entrusted Diglo with the majority management of its portfolio of non-performing loans.

This agreement consolidates the position of Diglo, a subsidiary of the Santander Group, as the bank’s main strategic partner in Spain for the management of REO assets and non-performing loans.

Diglo offers innovative solutions for asset management and marketing, supported by the implementation of technologies such as Artificial Intelligence and cloud computing. It also has experience in multi-portfolio management and the capacity to scale high-volume operations, adapting to the specific needs of each client.

“The extension of our agreement with Banco Santander Spain is a milestone that reaffirms the trust placed in Diglo and our commitment to operational excellence,” says Enrique Arnoso, CEO of Diglo.

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