ACABG is the only Bulgarian Association which unites the professionally run Debt Collection Companies and Acquirers of NPLs. The Association has been working hard on enforcing high business ethical practices in collecting receivables. Membership in the Association of Debt Collection Agencies is a hallmark of a long-term vision for enhancing the financial culture of both business and consumers. High standards of work and more transparency in the industry are the signs that connect all member companies of ACABG.
The Association assists its members to manage their business transparently, efficiently and in accordance with the ethical rules of the industry. We monitor domestic and international trends and regulatory requirements to make sure our members are aware of the latest news and best practices.
An important focus is placed on the exchange of know-how with branch associations from other countries as well as with the Federation of European National Collection Associations (FENCA). ACABG closely follows the legal framework and provides its members with timely information on the forthcoming changes in the regulation of the Debt Collection business, and gives them the opportunity to participate in our joint efforts to be part of this process.
There are two types of membership in ACABG - full and associate. Full members participate in all processes and decisions related to the activity of the association, and the associates are part of the association's projects, but are do not have the right to vote in the General Assembly.