Press release
PRA Group Honored as Bronze Stevie® Award Winner for 2 Categories in the 2022 American Business Awards®
Nonperforming Loan Purchaser Recognized for COVID-19 Response and CSR Achievements NORFOLK, Va., June 13, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA),
About this update from Pra Group, Inc.
[{"type":"text","content":"Nonperforming Loan Purchaser Recognized for COVID-19 Response and CSR Achievements\nNORFOLK, Va., June 13, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans was named the winner of two Bronze Stevie® Awards in the Most Valuable Corporate COVID-19 Response and Corporate Social Responsibility Program of the Year categories in The 20th Annual American Business Awards®.\n\n \n \n \n \n \n \n\n \nMore than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including everything from Startup of the Year to Thought Leader of the Year, among others. PRA Group was nominated for both its COVID-19 response and exceptional CSR program.\nPRA Group's COVID-19 response was characterized by constant communication between executives and employees, intensive safety measures, an employee vaccine clinic and a vaccination lottery.\nJudges noted, \"It is inspiring to hear of the quick and much needed response companies such as PRA Group undertook to protect their employees and ensure smooth business operations. Not only by focusing on the internal challenges, but also by boosting vaccine rates, which has a far-reaching impact in our society. I hope others look towards companies like PRA Group for guidance on how they can help our world move forward.\"\nThe company's CSR program encompassed donating an additional $250,000 in honor of the company's 25th anniversary through an employee-led non-profit initiative, giving over $1.7 million to charitable causes worldwide and finding ways for its employees to stay involved in the community virtually. Judges applauded PRA Group's creative ways of supporting worthy organizations, while simultaneously empowering employees.\n\"It is a great honor to be recognized for not one, but two categories of the Stevies,\" said PRA Group President and CEO Kevin Stevenson. \"It all comes back to our employees, who have supported one another, our customers and our communities in incredible ways through the past few challenging years. I would like to thank every single one of them for partnering with us in making an impact by doing things the right way, for the right reasons, with a long-term focus.\" \nThe American Business Awards are the U.S.A.'s premier b...