Hoist Finance’s annual reporting 2018 published
Hoist Finance’s Annual Report and the Pillar 3 report, are now published and available at Hoist Finance’s website.
Hoist Finance operates in a growing and profitable market and the market was considerably more attractive in 2018. In 2018, Hoist Finance has achieved strong growth in portfolio acquisitions and broadening product and geographical spread, hence delivering the best financial performance to date. Higher returns and new regulation has stimulated supply. A new operating model has been implemented to become more effective and efficient.
The regulatory changes in 2018 resulted in changes for the business; the financial targets were revised in early 2019. In a long-term perspective, the most important consideration is that we continue to create value by being more efficient in our core business. We proudly continue to develop in line with our vision, “Helping people keep their commitments”.
Hoist Finance’s business model and strategies are focused on delivering value to all stakeholders. This solution-oriented model creates value for business partners, customers, employees, shareholders and society as a whole.
Hoist Finance plays a key role in the financial eco-system, with a strong ambition to contribute to sustainable development supporting financial inclusion. In the annual report, Hoist Finance illustrates how sustainability is integrated into its business model.
The current risk position in terms of the greatest risks, how risks are managed and measured as well as information on Hoist Finance’s risk, liquidity and capital position are described in the Pillar 3 report.
This information is information that Hoist Finance AB (publ) is obliged to make public pursuant to the Securities Markets Act (Sw: lagen om värdepappersmarknaden). The information was submitted, by the below contact person, for publication at 08:30 CET on 4 April 2019.
For further information please contact:
Acting Group Head of Investor Relations
Phone: 46 (0)70 591 73 11
About Hoist Finance
Hoist Finance is a trusted debt restructuring partner to international banks and financial institutions. We are specialised in serving banks in handling non-performing loans, and supporting individuals in becoming debt free. Through expertise and rigorous compliance we earn the banks’ trust. Through respect, honesty and fairness we earn the trust of our customers. For further information, please visit hoistfinance.com.