Hoist Finance acquires performing mortgage portfolio in Poland
Hoist Finance has entered into an agreement to acquire a Polish retail mortgage portfolio with approximately 2.300 claims and an outstanding balance of approximately 1.000 MSEK. The portfolio is divested by Nykredit A/S Polish branch. The transaction also includes a small credit management team located in Warsaw. “We continue to broaden our expertise and capabilities in new asset classes. This is our second transaction in the performing loan space during 2018 and we see this as an area with further growth potential. The deal is a consequence of our successful broadening of our product