Asseco CE completed the acquisition of Hungarian Statlogics

Asseco Central Europe became the owner of 100% of shares of one of the best providers in the area of consumer finance in Central and Eastern Europe. This is a Hungarian company Statlogics which manages more than five million credit applications per year for an amount exceeding three billion EUR. Their unique software is a part of the IT systems of such brands as Raiffeisen, UniCredit, Sociéte Générale, BNP Paribas or Credit Agricole. The entire Asseco Group gained thanks to this acquisition significant competence in credit scoring and risk management.

“Statlogics belongs to the youngest members of Asseco Central Europe Group. Three years ago, when we entered into the company for the first time, we were convinced about the value of its unique software and quality of development. These days, we became the only shareholder and believe in its potential for the entire Asseco Group,” said Jozef Klein, CEO a Chairman of the Board of Asseco Central Europe.

Statlogics is the example of a modern company prepared to exist in a globalized world. “Consumer finance is the area that we know and want to improve and expand further. If the client wants something that we cannot provide, there are plenty of Asseco Group companies that can. Professionally and entirely. And that´s what we say to our customers, as well, and how the cooperation within the group should look like,” said Matthieu Job, CEO of Statlogics. Company is not restricted by the local markets. It started doing business after the revolution in Central Europe and gradually expands onto emerging markets where there are the greatest business opportunities. Statlogics is now active in more than 15 European countries, spread all over Western, Central and Eastern Europe, Asia and North Africa – among others Kazakhstan, Russia, Ukraine, Romania, Slovakia, Czech Republic, Hungary, CEE, most-soviet bloc and Thailand.