Category: Banking

See how we are delivering success to our Category: Banking debt collection clients around the world.

Whopping $3.2 Million Debt Recovered from a Major Kuwaiti Bank

Challenges of Debt Recovery on International Soil Handling debt recovery on a worldwide scale requires skill, cultural sensitivity, patience, and a deliberate approach to relationship building. Cedar Financial recently proved these characteristics in a hard case involving the collection of a $3.2 million debt from a well-known Kuwaiti bank with close ties to Kuwait’s royal … Continue reading Whopping $3.2 Million Debt Recovered from a Major Kuwaiti Bank

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Relationship Restored With COVID-19-Impacted Bank Debtor

An Indonesian consumer owed on a large-balance bank loan, but suddenly stopped making payments. The claim was assigned to Cedar Financial for amicable collections attempts.

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Defiant Bank Debtor Who Fled to UAE Settles in Full

A UK expatriate working in Kuwait took out a loan with a bank on the condition of his continued employment. A few months later, he lost his job and moved out of country without paying the balance, rendering the amount immediately due in full, according to the signed contract.

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