Hoist Finance takes mitigation actions and will continue to grow
Following the announcement by the Swedish Financial Supervisory Authority on 18 December 2018 regarding new interpretation of risk weights for purchased defaulted assets; the Board of Hoist Finance has today, 20 December 2018, decided to take the following actions. Dividend Given the exceptional circumstances, the Board will for the years of 2018 and 2019 recommend to the Annual General Meeting (AGM) to deviate from the established dividend policy. The Board recommends not to pay any dividend for 2018 nor any dividend in respect of 2019. This will increase the CET1 ratio by an