The servicer Diglo has started to operate with its asset portfolio worth more than 5 billion euros. The company, which sits under the Deva Capital umbrella, in turn, forms part of the Banco Santander Group. It inherited the group’s servicing line, which began operations in 2018.
The new servicer’s business model focuses on the comprehensive management of problem loans, the conversion and sale of real estate assets and other complementary real estate services. The project, which is independent in its own right, serves different types of clients and aspires to grow by attracting new clients as well as by growing organically through existing clients. Diglo has completed the separation of its management systems and IT support from the platform it shared until now with Aliseda.
Read the full article in Spanish.
