Hoist Finance

Today, Hoist Finance launches a savings offering to the general public in the Netherlands under the HoistSpar brand. To date, HoistSpar has over 90,000 retail deposit customers in Sweden, Germany, Poland and the UK. By opening up in Netherlands as well, we are further diversifying our savings offering and access to funding across Europe.

"The launch of our retail deposit offering in the Netherlands is one more step on our journey towards becoming the leading asset manager of non-performing loans in Europe. It is also an important step in the development of the HoistSpar product, and I'm proud that we can offer savings accounts at attractive conditions to retail customers in the Netherlands, starting today.", says Harry Vranjes, CEO of Hoist Finance.

For more information, please contact:

Christian Wallentin, CFO och vice VD
ir@hoistfinance.com

About Hoist Finance

Hoist Finance is an asset manager specialised in non-performing loans. For more than 25 years, we have focused on investing in and managing debt portfolios. We are a partner to international banks and financial institutions across Europe, acquiring non-performing credit portfolios. We are also a partner to consumers and SMEs in a debt situation, creating long-term sustainable instalment plans enabling them to convert non-performing debt to performing debt. We are present in 13 markets across Europe and our shares are listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com.