KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) provided comprehensive legal advice to DKB Finance GmbH and DKB Kreditbank AG on the sale of FMP Forderungsmanagement Potsdam GmbH (FMP) to the LOANCOS Group. DKB is the second largest direct bank in Germany in terms of customer numbers and a wholly owned subsidiary of Bayerische Landesbank.
FMP is a specialized service provider in receivables management and manages non-performing loan exposures both in the consumer segment and in the secured loan segment. As part of the share deal, the receivables volume of over EUR 500 million managed by FMP will be transferred to LOANCOS.
The acquisition is in the context of the Secondary Credit Market Act, which came into force at the end of 2023 and creates a uniform regulatory framework for the sale of non-performing loans (NPL) in Germany for the first time and establishes a transparent secondary market. The transaction should enable the DKB Group to meet the increasing regulatory requirements in its portfolio strategy.
The Potsdam site will be retained, all employees will be taken on and operations will continue within the LOANCOS Group with expanded functionalities.
KPMG Law: Dr. Dr. Boris Schilmar (Partner, lead), Dr. Anna Melikov (Senior Manager), Franz Jakob Schipp (Manager), Pia Schmitt (Associate), all Corporate/M&A, Düsseldorf; Dr. Martin Trayer (Partner), Hanna Michalak (Senior Manager), both Employment Law, Frankfurt a.M.; Maik Ringel (Senior Manager, Data Protection Law, Frankfurt a.M.)
KPMG Law
© 2026 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.
KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.
