NORFOLK, Va., May 05, 2016 -- PRA Group (Nasdaq:PRAA), a global leader in acquiring and collecting nonperforming loans, has been recognized by Forbes as one of America's Best Midsize Employers.

PRA Group was #237 on Forbes' 2016 rankings, one of only 20 companies in the banking and financial services industry and the only debt buyer on the list.

In compiling the list, Forbes "reached out to workers in established companies throughout the nation to ascertain which among them make their employees feel secure, understood, needed and inspired."

According to Forbes, companies on the list were chosen based on an independent survey conducted by statistics portal Statista from a sample of 30,000 American employees working for firms or institutions employing more than 1,000 workers. Willingness to recommend one's own employer was the most important metric; a secondary dimension to the assessment involved asking employees to mention good or bad employers in sectors and industries besides their own.

The complete list of America's Best Midsize Employers is available at www.forbes.com/best-midsize-employers/list/.

About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group (Nasdaq:PRAA) returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients.

PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for three years, one of Forbes' Best Small Companies in America for eight consecutive years, and one of Forbes' Best Midsize Employers in America in 2016. For more information, please visit www.pragroup.com.

News Media Contact:
Nancy Porter
Vice President, Corporate Communications
(757) 431-7950
NAPorter@PRAGroup.com