Podmiot Zarzadzajacy Aktywami S.A. (Poland)

Podmiot Zarzadzajacy Aktywami S.A. (PZA) is a Warsaw-based joint-stock company operating in the area of financial holdings and asset management. The company is classified under the activity of financial holding companies and was established in the context of restructuring processes conducted under the supervision of the Polish Bank Guarantee Fund (Bankowy Fundusz Gwarancyjny). PZA has taken over certain property rights and obligations, including portfolios of receivables and other financial assets, from VeloBank S.A. as part of a compulsory restructuring transaction financed through the issuance of bonds subscribed by VeloBank. In parallel, the company is involved in court proceedings and settlement processes with VB Leasing S.A. and VB Leasing Automotive S.K.A., related, among others, to restructuring arrangements and VAT settlements, and communicates that it acts as the financial creditor and representative of the interests of clients of the former VB Leasing entities. Through its website and public communications, PZA positions itself as an entity dedicated to defending and optimizing the financial claims of leasing customers, including conducting litigation, negotiating settlements and managing the acquired asset portfolios over the long term. Strategically, the company functions as a special-purpose financial holding and asset management platform whose objective is to preserve and maximize the value of assets originating from bank and leasing restructurings while resolving complex legal and tax issues associated with those legacy portfolios.