Question 1

What is Hoist Finance?

Accepted Answer

Hoist Finance is a Swedish financial institution specializing in the acquisition and management of non-performing loan (NPL) portfolios across Europe. Headquartered in Stockholm, Sweden, the company operates as a credit market company (kreditmarknadsbolag) serving as a partner to international banks and financial institutions. With over 25 years of experience and operations in 13 European markets, Hoist Finance has established itself as one of Europe's leading debt restructuring specialists, focusing on converting non-performing debt to performing debt through sustainable repayment plans for consumers and SMEs.

Question 2

When was Hoist Finance founded?

Accepted Answer

Hoist Finance was founded in 1994, with its subsidiary Hoist Kredit AB (publ) established in 1996. A key milestone occurred in 1996 when Hoist Kredit AB (publ) received approval from the Swedish Financial Supervisory Authority (Finansinspektionen) under new credit company regulations, becoming a licensed credit market company. The group has operated under the Hoist Finance brand since 2012.

On March 25, 2015, Hoist Finance was successfully listed on Nasdaq Stockholm Mid-Cap, marking its transition to a publicly traded company. The company received formal authorization to operate financing business under the Swedish Banking and Financing Business Act (2004:297) on March 17, 2017.

Question 3

Where is Hoist Finance headquartered?

Accepted Answer

Hoist Finance is headquartered in Stockholm, Sweden. The registered office is located at Box 7848, 103 99 Stockholm, with operational headquarters at Bryggargatan 4, 111 21 Stockholm.

Question 4

Where does Hoist Finance operate?

Accepted Answer

Hoist Finance operates across 13 European markets, organized into three geographic regions: Western Europe, Mid-Europe, and Central Eastern Europe. The company maintains local branches and operations in Sweden, United Kingdom, Germany, France, Belgium, Netherlands, Poland, Spain, Italy, Austria, and other European jurisdictions. This pan-European presence enables comprehensive debt restructuring services across the continent, with approximately 1,285 employees (as of 2016).

Question 5

What services does Hoist Finance offer?

Accepted Answer

Hoist Finance provides specialized non-performing loan portfolio acquisition services to banks and financial institutions seeking to optimize balance sheets, reduce capital requirements, and free up resources for core business operations. The company acquires portfolios of unsecured consumer loans and SME debts from well-reputed international banks.

For consumers and businesses in debt situations, Hoist Finance offers debt restructuring services, sustainable repayment plans, customized payment arrangements, and financial rehabilitation support. The company emphasizes amicable settlement methods and ethical collection practices aimed at helping customers become debt-free and reintegrate into the financial ecosystem.

The business model combines portfolio acquisition expertise (based on over 25 years of data analytics) with efficient collection operations to generate returns while supporting financial inclusion. The company also offers retail deposit services in certain markets.

Question 6

What makes Hoist Finance unique?

Accepted Answer

As a publicly traded specialist in NPL management listed on Nasdaq Stockholm (ticker: HOFI), Hoist Finance combines the stability of a regulated credit institution with specialized expertise in debt restructuring. The company holds credit ratings from Moody's (Ba1 with stable outlook) and operates under the same regulatory standards as traditional banks.

Hoist Finance emphasizes amicable collection methods and ethical customer treatment, distinguishing itself from aggressive debt collectors. The company's business model is designed to ensure stability while delivering long-term growth, with strong financial performance including an EBIT margin of approximately 29-36% and Return on Equity around 18%. The company maintains a Common Equity Tier 1 (CET1) capital ratio target of approximately 12% under normal conditions.

Strategic partnerships with institutions like the Bank of Greece demonstrate its position as a trusted partner to major European financial institutions.

Question 7

What type of financial institution is Hoist Finance?

Accepted Answer

Hoist Finance AB (publ) is a credit market company (kreditmarknadsbolag) regulated under Swedish law, specifically the Swedish Banking and Financing Business Act (2004:297). It operates through its subsidiary Hoist Kredit AB (publ), which holds the credit market license and is supervised by the Swedish Financial Supervisory Authority (Finansinspektionen).

As a credit market company, it functions as a specialized bank focused on financing activities and debt portfolio management rather than traditional retail or commercial banking. The institution participates in the Swedish National Debt Office (Riksgäldskontoret) deposit guarantee scheme, protecting deposits up to 950,000 SEK per depositor. The parent holding company is Hoist International AB (Publ), and the group prepares consolidated financial statements in accordance with International Financial Reporting Standards (IFRS).

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