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.
AMCA of Bosnia and Herzegovina joins FENCA
Berlin, 16 September 2024
We delighted to announce that AMCA (Udruženje kompanija za upravljanje imovinom i naplatu potraživanja), the Association of Companies for Asset Management and Debt Recovery of Bosnia and Herzegovina, has joined FENCA as a full member.
Commenting on this announcement Claus Spedtsberg, President of FENCA, said:
“We are very happy to welcome AMCA to the FENCA family, and I am especially pleased that AMCA joins in the year that the has marked the beginning of the negotiations between Bosnia and Herzegovina and the European Commission for EU membership. FENCA and its members stand for constantly improving business standards for credit servicing and purchasing across Europe, and it is important for our sector to speak with one voice, and AMCA will be a great addition.”
Petar Mrconjic, President of AMCA, stated:
„It is a great pleasure to become part of FENCA family. FENCA is well-known organization among financial and government institutions in Bosnia and Herzegovina. At AMCA we expect that FENCA membership will provide us with much needed boost for further development of Bosnian market. We look forward to successful future co-operation for the benefit of all stakeholders involved, including Bosnian market in general.”.
FENCA members subscribe to continuously improve business standards and good practices within the sector across the EU, in order to provide the best possible service to creditors, clients and consumers alike.
