Axactor acquires attractive unsecured NPL portfolio from leading bank in Spain

Axactor today announces the acquisition of a portfolio of unsecured non-performing loans from Banco Sabadell in Spain. The portfolio encompasses a total outstanding balance of close to EUR 3bn, spread across both individual and SME borrowers. The average time post default for the claims is quite long, which is reflected in the purchase price.

“We are seeing an active market for NPL portfolio transactions, and are cherry picking the deals where we see the highest value”, says CEO Johnny Tsolis. He continues “with this transaction we are off to a good start to 2026 and are on track to reach our investment target for the year”. Andrés López, Country Manager Axactor Spain, adds “we have good experience with the claim type and a long and very strong relationship with Banco Sabadell. This portfolio will add significant volumes to our servicing platform for unsecured non-performing loans, and is an attractive and important transaction for Axactor Spain”.