Operational update and impairment of Spanish loan portfolios
In light of recent market developments, Hoist Finance provides an update on operations and announces an impairment of Spanish loan portfolios.As previously communicated, Hoist Finance has successfully implemented its business continuity plans, and the level of customer interactions remain intact in all markets. In Germany, Poland, the UK, France, Belgium and the Netherlands, we see collection levels at, or close to, the targets for the first quarter. These markets correspond to approximately two-thirds of Hoist Finance’s loan book and collections. In Italy, performance in the first