Emerging Market East-West Debt is an international financial company specializing in debt purchase and debt recovery of overdue trade or bank debt on emerging market countries.

Since 2001, East-West Debt is residing in the Antwerp city centre on the famous Meir Street with its 19th century grandeur. The building at Meir number 24 used to be the Head Office of one of Belgium's most important banks, Anhyp, known in the 19th century as "Caisse Hypothécaire Anversoise". The great black iron letters of this nomination still decorate the neo-classical building. It allows East-West Debt also to receive its clients in the atmosphere they deserve and makes a business trip to Antwerp certainly worth while having the Hilton Hotel at walking distance.

DEBT RECOVERY
Not all creditors are willing to sell their claim on an emerging market country. This has several reasons :

• The market price in case of a sale of an emerging market claim is often very low. Recovering the debt yourself gives a better perspective on a higher price.
• In case of a sale, the buyer is free to do with the claim what he wants. When he starts a hard ball game against the debtor, this might reflect on the business relation a seller still can have with the debtor. In other words, the original creditor does not have any influence anymore on what happens with his claim.
• The reputation of the creditor can be at stake. When emerging market contractual partners see that a creditor has no problem to sell an outstanding claim at a low rate, they might get tempted to default on their obligations when dealing with that specific creditor.
• Personal reputations as well can be in the line of fire. Company contracts are concluded by persons. It can be very frustrating when someone did his very best to conclude a profiting contract for his company and, afterwards, has to take notice of the fact that things are not going the way they are supposed to. Better than to sell the claim at a low rate which brings only loss of profit to the company, the persons in charge of the file with the creditor can try to make the best of it and to recover a larger part of the claim.