Hoist Finance acquires non-performing loans from Polish company GetBack
As communicated to the market, Hoist Finance has submitted an offer to acquire assets held by Polish debt management and collection company GetBack. Hoist Finance has now entered into an agreement to acquire assets at a value up to approximately PLN 400m. More than 95% of the assets are comprised of non-performing unsecured consumer loans; a minor part includes secured consumer and SME loans. The transaction is expected to close in mid-April, subject to approval by relevant authorities and stakeholders, including the court supervisor of GetBack. “Hoist Finance is committed to continued
Having long-term focus, safety, and high quality has always been integral to Kiilto’s operations. Environmental responsibility is built into our processes. The drive for continuous improvement shows in our efforts to use more environmentally friendly raw materials, to engage more in the circular economy, and to use energy efficiently. Our desire to be the environmental leader in our field of business guides our actions.We will achieve this leadership through our actions. In Finland, we launched the Promise to the Environment project in spring 2018, with the goal of setting concrete,
