Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
OSLO, Norway, Sept. 06, 2016 -- PRA Group, Inc. (Nasdaq:PRAA), a global leader in acquiring and collecting nonperforming loans, has donated €25,000, nearly $28,000 USD to the Italian Red Cross to support its disaster relief operations.
In response to the 6.2 magnitude earthquake that struck the Amatrice area – 100km north-east of Rome on 24 August, PRA Group’s donation will provide much needed funds to assist with the search and rescue aid for survivors, and support people who have been forced to leave their damaged or destroyed homes.
“PRA has made a long-term commitment to supporting the Red Cross globally in its lifesaving mission,” said Tiku Patel, Europe CEO of PRA Group. “None of PRA’s Italy operations or employees were directly impacted by this event. This donation provides much needed funds to assist our neighbours and local Italian communities affected by this tragedy.”
PRA Group has supported the Red Cross with major contributions for more than 10 years to help provide assistance to victims of natural disasters and other emergencies.
About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. With almost 4,000 employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients. For more information, please visit www.pragroup.com.
News Media Contact: Nancy Porter Vice President, Corporate Communications (757) 431-7950 [email protected]
