Hoist Finance closes acquisition of NPL portfolio in Greece

Hoist Finance has closed the acquisition of the Greek portfolio of non-performing loans from Alpha Bank, previously announced on 28 December 2021. The portfolio comprises unsecured consumer loans and a minor part small enterprise loans and secured loans. The total investment is EUR 108 million. This is Hoist Finance’s second portfolio acquisition in Greece.

For more information, please contact:
Ingrid Östhols, Head of Communications & Investor Relations
Telephone: +46 (0) 72 506 14 23
E-mail: ir@hoistfinance.com

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