PRA Group Honored As Silver and Bronze Level Stevie® Award Winners in 2020 American Business Awards®
The company was recognized for its industry success and corporate social responsibility program
Norfolk, Va. – May 26, 2020 – PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, won a Silver and a Bronze level Stevie® Award in The 18th Annual American Business Awards. ® PRA Group earned a Silver Stevie® in the Corporate Social Responsibility Program category and a Bronze Stevie® in the Company of the Year – Financial Services category.
“We are honored to be recognized by the American Business Awards for two things that are essential to our core values: our charitable contributions and our financial performance and growth,” said Kevin Stevenson, president and chief executive officer of PRA Group. “As we approach our 25th anniversary, we are proud to have maintained our focus and demonstrate our commitment to excellent customer service, community engagement, and achieving strong results.”
In 2019, PRA Group achieved a number of records including generating global cash collections of $1.8 billion. This was also a record portfolio purchasing year for PRA. The company was able to spread investments across more markets than in prior years, making portfolio purchases in all nine of its operating markets in Europe and in the United States, Canada, Brazil and Colombia. Additionally, in 2019, the company donated more than $1 million towards charitable causes across the United States and Europe. PRA’s employees contributed more than 2,850 volunteer hours to several non-profits and organizations within the communities it operates in.
The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. Details about The American Business Awards and the list of 2020 Stevie winners are available at