Building Bridges
in the World

We’re changing the way of providing loan & financial services for an efficient and sound financial system.

Our Company

AxFina (Ax Financial Holding SA.) is a Pan-European Financial Services Group with the mission of “Building Bridges in the World“ and is working with other financial service providers to support an efficient and sound financial services system that is dedicated to creating and providing convenient and efficient loan servicing and financial services platform capacities (to include the excluded & underbanked).

Our History

October 2019

Foundation of Ax Financial Holding SA. (AxFina), headquartered in Vienna, Austria. A pan-European financial service provider, merging all previous acquisitions, markets and knowhow together under one roof.

November 2018

Establishment of SEE servicing platform with current regional hubs in Croatia and Slovenia.

July 2017

Acquisition of majority stake in Thea Artemis (Financial Solutions) SA Greece, servicing a secured Corporate, SME and Retail Loan Portfolio of EUR 1,3 bn.

December 2016

Acquisition of 100% of Lombard Leasing Group, a fully licensed operation for the Hungarian market.

Our Culture

AxFina is dedicated to “Building Bridges in the World”. Our culture plays an important role in the company’s approach towards our operations, recruitment, staff assessment and remuneration and is described in our four pillars below:

Pillar 1

Know Your Priorities

We understand that our customers and partners are our number one priority.

Pillar 2

Show Your Spirit

We are proud and privileged to have a “true” European team spirit.

Pillar 3

Embrace Change

We realize that change and innovation are the only constants in business.

Pillar 4

Never Give Up

We remain optimistic, honest, and never give up in the face of a challenge.

Our Management

Bernhard Engel

CEO of AxFina Group and responsible for AxFina Pan-European Business

Nikola Avramovic

COO of AxFina Group and responsible for AxFina Advisory Business

Johannes Wolfslehner

CTO of AxFina Group and responsible for AxFina Digital

Stefan Selden

CSO of AxFina Group and responsible for AxFina Servicing Business

Lovro Plejic

Country Manager and responsible for AxFina Croatia/SEE Business

Géza Mihályi

Country Manager and responsible for Hungary

Tassos Karkazis

Country Manager and responsible for Greece/Cyprus

Our Family

Our Responsibility

No matter the size of your business, credit has grown to play a key role in society. It enables people and organizations with capacity for development over time to gain access to larger sums more quickly than by simply earning those funds. In many cases, this enables individuals, companies and authorities to make investments that would not otherwise have been possible and thus to achieve greater development and thus greater capacity to generate earnings.


Strategic rationale

AxFina is uniquely positioned to cover the full range of servicing activities for performing and non-performing loan and leasing portfolios, including:

  • Development and Execution of tailored work-out strategies for single assets and portfolios
  • Stringent monitoring and real-time reporting
  • Work-out strategies and management
  • Cash management
  • Coordination of external collection agencies
  • Asset disposal and management
  • (NPL) Servicing is a non-core activity for financial institutions, while it is core for AxFina
  • AxFina delivers higher returns and helps save costs in expensive work-out departments
  • Extensive expertise in SME and corporate/SME secured work-out


Strategic rationale

Support in acquisitions of loan / leasing and Real Estate portfolios to identify potential risk factors that affect loan collection and competitive pricing:

  • Portfolio analysis and valuation
  • Due Diligence (financial, legal)
  • Underwriting of loans and business planning
  • Deal structuring / arranging (including Securitization) and execution
  • Support in portfolio sales processes
  • Refinancing support for borrowers
  • Complementary advisory services across the deal cycle
  • Mitigate risks for loan collection
  • Economies of scale on financial and legal advisor fees
  • Ongoing client support as a “one stop shop”


Strategic rationale

In-house RE services as a strong complimentary arm to provide in-house expertise for acquisitions and maximize recoveries from repossessed assets, including:

  • RE work-out and disposals (with strong links to local brokers)
  • RE development and commercialization
  • RE asset management (with network of local facility managers)
  • RE advisory and appraisals
  • Leverage knowledge on steady-flow incoming RE asset
  • Maximize proceeds from work-out
  • Improve pricing and due diligence
  • Value creation versus asset liquidation


Strategic rationale

Trusted partner for banks to outsource cost-intensive services, powered by strong data analytics:

  • KYC/AML processes, credit / country risk analysis, etc.
  • Loan origination and underwriting support for banks
  • Direct lending hub
  • Banks are looking to decrease costs and refocus on core activities
  • Leverage large base of debtors for ancillary products


Strategic rationale

Leveraging data gathered from servicing the large borrower base to increase efficiency in work-out, but also to create additional value for other products, including:

  • Portfolio monitoring and analytics
  • State-of-the-art reporting for internal and external purposes (third-party interface)
  • Data quality management
  • Market information and transaction insights
  • Positive impact on recovery curves
  • Continuous monitoring of data quality
  • Leverage of dataset for other related activities (e.g., pricing, rating, curves, etc.)

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