Hoist Finance Completes Acquisition of NPL Portfolio in Greece

Financing of the hoist completed the acquisition of the Greek portfolio of non-performing loans from Alpha Bank, previously announced on December 28, 2021. The portfolio consists of unsecured consumer loans and a small portion of small business loans and secured loans. The total investment is 108 million euros. This is Hoist Finance second portfolio acquisition in Greece.

For more information please contact:
Ingrid Östhols, Head of Communications and Investor Relations
Telephone: +46 (0) 72 506 14 23
Email: [email protected]

On Financing of the hoist
Financing of the hoist is a trusted debt resolution partner for individuals, businesses and banks in eleven European countries. With more than 1,500 dedicated colleagues, smart digital solutions and a deep understanding of individual financial situations, we help more than six million customers meet their commitments. This is achieved by agreeing sustainable repayment plans so that everyone is included in the financial ecosystem. Financing of the hoist has a diversified portfolio of asset classes and our online savings platform in Sweden and Germany enables our unique funding model. Financing of the hoist was founded in 1994 and is today a public company listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com.

https://news.cision.com/hoist-finance/r/hoist-finance-closes-acquisition-of-npl-portfolio-in-greece,c3532400

https://mb.cision.com/Main/8270/3532400/1553873.pdf