Hoist Finance launches savings offering in Ireland and Austria

Today, Hoist Finance launches a savings offering to the general public in Ireland and Austria under the HoistSpar brand. To date, HoistSpar has over 120,000 retail deposit customers in Germany, the Netherlands, Poland, Sweden, and the United Kingdom. By opening in Ireland and Austria as well, Hoist Finance diversifies its savings offering and further strengthens its access to funding.

"The launch of our savings offering in Ireland and Austria is yet another step on our journey towards becoming the leading asset manager of NPLs in Europe. I'm proud that we now, through the HoistSpar product, offer savings accounts at attractive terms and conditions to retail customers also in Ireland and Austria - and I warmly welcome all new savings customers”, says Harry Vranjes, CEO of Hoist Finance.

For more information, please contact:

Karin Tyche, Chief Investor Relations Officer
ir@hoistfinance.com
+46 76 780 97 65

About Hoist Finance

Hoist Finance is an asset manager specialised in non-performing loans. For more than 25 years, we have focused on investing in and managing debt portfolios. We are a partner to international banks and financial institutions across Europe, acquiring non-performing credit portfolios. We are also a partner to consumers and SMEs in a debt situation, creating long-term sustainable instalment plans enabling them to convert non-performing debt to performing debt. We are present in 13 markets across Europe and our shares are listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com.