Debitos now offers its bad debt and receivables exchange in English

Frankfurt am Main (ots) - International investors act as an
important catalyst on the European market for non-performing loans.
To serve their needs even better, Debitos' online-exchange for
distressed assets is now available in English.

Increased regulatory pressure and the recent asset quality review
result in more non-performing loan (NPL) sales by European banks
despite the historically low interest rates. In its report "European
Real Estate Loan Sales Market", Cushman & Wakefield mentions a total
volume for closed transactions of 54.9 billion Euros for the year to
date. While German banks primarily reduce their credit book outside
of their home market, international financial institutions also trade
bad debt within Germany. At the same time, more and more Anglo-Saxon
investors enter the German market for non-performing loans.

English website addresses the needs of international players

Debitos therefore now offers its online-exchange for
non-performing loans and receivables at
https://www.debitos.de/?language=english also in English. Allowing
users to choose their preferred language on the website facilitates a
faster and better communication of German bankers with their team
members in London. At the same time, the English website enables
international investors as well as foreign banks to use the platform
without any frictions. Hajo Engelke, managing partner at Debitos, is
therefore excited about this step in the development of the young
company: "International banks already traded non-performing loans
they held in other European countries successfully on our platform in
the past. However, the option to display the entire website in
English marks an important milestone for us because it enables a
smoother transaction process whenever international players are
involved and prepares our business for further international
expansion."

Higher competition leads to higher transaction prices and
increased transparency

In the past, the entire NPL-transaction process was governed by
significant administrative effort for the seller. With Debitos,
sellers can now for the first time conduct all steps of a transaction
from potential buyer identification and buyer selection through due
diligence, Q&A and pricing on a single platform. For the first time,
a true auction process is facilitated because all buyers who bid on a
portfolio are informed in real time when a competitor places a higher
bid. The English website now grants international investors access to
the exchange. Selling banks therefore benefit from more competition,
higher transaction prices and an increased level of transparency.

About Debitos Debitos is Germany's first online-exchange, on which
banks and corporates can actively trade both real estate-secured and
unsecured non-performing loans as well as receivables. The platform
is available at www.debitos.de and allows sellers to offer claims
individually or bundled as a portfolio. More than 260 institutional
investors compete with one another and place their bids in an
online-auction. Through this process, sellers increase transaction
prices and transparency. More than 1.300 corporates currently use the
exchange to trade future receivables, dunned invoices, enforceable
claims/terminated loans and bankruptcy claims. Since launching the
exchange in January 2012, a total volume of over 1 billion Euros has
been offered on the exchange. Debitos GmbH is headquartered in
Frankfurt am Main, Germany. The company's managing partners are Hajo
Engelke and Timur Peters.

Pressekontakt:
Hajo Engelke
Geschäftsführer

Debitos GmbH
Friedrich-Ebert-Anlage 36
60325 Frankfurt am Main

Email: service@debitos.de
Web: Web: www.debitos.de
Tel: +49-69-43 00 826 00
Fax: +49-69-43 00 826 08