LAAP is Encore’s business unit that serves the Latin America and Asia-Pacific markets. In Latin America, LAAP owns non-performing mortgage loan portfolios in Mexico where collections are performed through third-party servicer.

In India, we operate through the Encore Asset Reconstruction Company (EARC), which is a joint venture between Encore Capital Group, International Finance Corporation (IFC), a member of the World Bank Group, and ADV Partners, an Asian private equity fund. Encore ARC focuses on resolving micro, small and medium enterprises (MSME) and retail distressed debt. EARC is headquartered in Gurgaon, India.