PRA Group Donates $50,000 to the American Red Cross

NORFOLK, Va. -- PRA Group, Inc. (Nasdaq:PRAA), a global leader in acquiring and collecting nonperforming loans, announced that the company and its employees have pledged $50,000 to the American Red Cross in support of its ongoing hurricane and earthquake relief efforts.

PRA Group pledged to match individual employee donations and launched an American Red Cross corporate microsite to facilitate employee giving. The $50,000 donation was raised through the Company’s matching gift program and will help provide comfort and support to the victims of Hurricanes Harvey, Maria, and Irma, as well as the Mexico Earthquake.

“PRA Group employees across the country are passionate about giving back to the communities where we live and work and their generosity shows, especially in times of natural disasters and other emergencies,” said Kevin Stevenson, president and CEO of PRA Group. “Partnering with the American Red Cross is one of the many ways we reinforce our PRA CARES core values every day.”

PRA Group has supported the American Red Cross through onsite mobile blood drives and charitable donations for more than 10 years. PRA Group’s charitable giving supports the American Red Cross’s life-saving mission of providing about 40 percent of the nation’s blood, as well as disaster preparedness and relief, health and safety classes, and services to the armed forces.

About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. With more than 4,500 employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.