News & Videos - HOIST FINANCE AB [CBOE] - English

Hoist Finance acquires major NPL portfolio in Greece PR Newswire STOCKHOLM, Dec. 28, 2021 STOCKHOLM , Dec. 28, 2021 /PRNewswire/ -- Hoist Finance has entered into an agreement with Alpha Bank to acquire a Greek portfolio of non-performing loans, compromising of unsecured consumer loans and a minor part small enterprise loans and secured loans. The total outstanding balance is approximately EUR 2.1 billion and the total investment is EUR 108 million . This is Hoist Finance's second portfolio...

ESG in Finance: FICO Platform Helps Hoist Finance Make Debt Resolution 97% Greener Will Cop26 be the catalyst for financial institutions to apply digitisation strategies to back-office operations? PR Newswire LONDON, Oct. 28, 2021 LONDON , Oct. 28, 2021 /PRNewswire/ -- Pressure is mounting on financial organisations to quickly improve their efforts in the fight against climate change. A statement from the UN's annual climate change conference (Cop26) says every company, financial firm and bank...

Hoist Finance: Interim report Q3 2021 PR Newswire STOCKHOLM, Oct. 27, 2021 STOCKHOLM , Oct. 27, 2021 /PRNewswire/ -- Focus on core business Hoist Finance's third quarter delivered slightly increased portfolio volumes with acquisitions totaling SEK 1.2 bn . The collection performance was stable at 99%. Profit before tax was SEK 82m , an increase compared to the previous quarter. Income was slightly higher, and costs were flat. "During Q3 we completed the performance review started during the...

Invitation to Hoist Finance third quarter 2021 presentation PR Newswire STOCKHOLM, Oct. 19, 2021 STOCKHOLM , Oct. 19, 2021 /PRNewswire/ -- Hoist Finance will publish the interim report for the third quarter 2021 on October 27 , at approximately 07.30 AM (CEST) . A combined presentation and teleconference for investors, analysts and media will be held at 09:30 AM (CEST) . Per Anders Fasth , CEO and Christian Wallentin , CFO will present and comment the report. The presentation will be held in...

Nomination Committee appointed for AGM 2022: Hoist Finance PR Newswire STOCKHOLM, Oct. 7, 2021 STOCKHOLM , Oct. 7, 2021 /PRNewswire/ -- In accordance with a decision by the Annual General Meeting, the Nomination Committee in Hoist Finance shall consist of four members. The members should be one representative of each of the three largest shareholders, together with the chairman of the board in Hoist Finance. The members of the Nomination Committee have been appointed based on the ownership...

Moody's affirms Hoist Finance AB's Baa3 senior unsecured ratings and stabilizes the outlook PR Newswire STOCKHOLM, Oct. 5, 2021 STOCKHOLM , Oct. 5, 2021 /PRNewswire/ -- On October 4 Moody's Investors Service affirmed Hoist Finance AB (publ)'s (the "Company") senior unsecured ratings of Baa3, the Company's issuer ratings of Baa3/P-3, and the Company's subordinate Ba3 ratings. The junior senior unsecured programme rating was upgraded to (P)Ba2 from (P)Ba3. Furthermore, the Baseline Credit...

Hoist Finance - Interim report Q2 2021 PR Newswire STOCKHOLM, July 21, 2021 STOCKHOLM , July 21, 2021 /PRNewswire/ -- Hoist Finance's second quarter was stable in terms of performance, but with limited growth. The market saw quite a lot of activity, but the competition was very high, leading to high-priced portfolios. The collection performance was solid at 102%. Without one-off effects, profit before tax was SEK 64m . "We need to focus and improve performance. We are initiating a transformation...

Hoist Finance and FICO Win Award for Digital Collections Programme in Germany and UK European consumer debt purchaser improves debt management experience for banks' customers and creates savings using FICO® Platform and consulting PR Newswire LONDON, July 14, 2021 LONDON , July 14, 2021 /PRNewswire/ -- Highlights FICO Platform operationalizes predictive models and scores to deliver fairest customer experience and help borrowers manage debt repayments Between 20,000 and 40,000 decisions rules...

Lars Wollung leaves the Board of Directors to strengthen Hoist Finance's initiatives on profitability and growth PR Newswire STOCKHOLM, June 16, 2021 STOCKHOLM , June 16, 2021 /PRNewswire/ -- Lars Wollung has more than 20 years of experience from the financial and IT industries. Among other positions, he was the CEO of Intrum for seven years and of the IT consultancy company Acando for eight years. Lars joined the Hoist Finance Board of Directors in 2019. He has now decided to leave his...

The Supreme Administrative Court has concluded a tax ruling regarding years 2012-2014: Hoist Finance PR Newswire STOCKHOLM, June 3, 2021 STOCKHOLM , June 3, 2021 /PRNewswire/ -- The Swedish Tax Agency has pursued a case against Hoist Finance where the Administrative court of appeal ruled in favour of Hoist Finance, as was communicated on 2 December 2019 . The case was then appealed by the Swedish Tax Agency to the Supreme Administrative Court (the "SAC"), which also ruled in favour of Hoist...

CEO Klaus-Anders Nysteen leaving Hoist Finance PR Newswire STOCKHOLM, May 31, 2021 STOCKHOLM , May 31, 2021 /PRNewswire/ -- Hoist Finance Board of Directors have appointed newly elected Board member Per Anders Fasth acting CEO as of May 31, 2021 . Klaus-Anders Nysteen is leaving as CEO of Hoist Finance with immediate effect. The Board will start the work to find a permanent solution immediately. "Klaus-Anders has led Hoist Finance well during three challenging years, including implementation of...

Christian Wallentin appointed new CFO of Hoist Finance PR Newswire STOCKHOLM, May 20, 2021 STOCKHOLM , May 20, 2021 /PRNewswire/ -- Hoist Finance has appointed Christian Wallentin as CFO. As previously communicated, the current CFO Christer Johansson will leave Hoist Finance later this year. Christian has more than 20 years of experience from the financial industry. During the last 11 years, Christian has worked at Nordea, where among other roles, he worked as CFO of the merged Nordea and DNB...

Hoist Finance Selects LTI's Digital Banking Platform to Achieve Accelerated Growth in Europe PR Newswire MUMBAI, India, May 18, 2021 Platform to support growth in Performing Loans segment MUMBAI, India , May 18, 2021 /PRNewswire/ -- Larsen & Toubro Infotech Ltd. (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company has entered into a strategic engagement with Hoist Finance AB, a pan European financial services company, to provide Banking-as-a-Service for...

Hoist Finance Selects LTI's Digital Banking Platform to Achieve Accelerated Growth in Europe PR Newswire MUMBAI, India, May 18, 2021 - Platform to support growth in Performing Loans segment MUMBAI, India , May 18, 2021 /PRNewswire/ -- Larsen & Toubro Infotech Ltd. (BSE: 540005), (NSE: LTI ), a global technology consulting and digital solutions company has entered into a strategic engagement with Hoist Finance AB, a pan European financial services company, to provide Banking-as-a-Service for...

Interim report Q1 2021 PR Newswire STOCKHOLM, April 29, 2021 STOCKHOLM , April 29, 2021 /PRNewswire/ -- "Hoist Finance's first quarter was impacted by the consequences of the pandemic and further lockdowns across Europe . Limited investment volumes in 2020 and forward-looking impairments in some portfolios, predominately in the UK and Spain , explain the negative profits in the quarter. The underlying financial performance adjusted for forward-looking impairments totals SEK 120m compared to SEK...

Invitation to Hoist Finance first quarter 2021 presentation PR Newswire STOCKHOLM, April 15, 2021 STOCKHOLM , April 15, 2021 /PRNewswire/ -- Hoist Finance will publish the interim report for the first quarter 2021 on Thursday, April 29, 2021 , at approximately 07.30 AM (CEST) . A combined presentation and teleconference for investors, analysts and media will be held at 11.00 AM (CEST) . Klaus-Anders Nysteen, CEO and Christer Johansson , CFO will present and comment the report. The presentation...

Hoist Finance announces SEK 350 million negative impairment and provides Q1 update PR Newswire STOCKHOLM, April 1, 2021 STOCKHOLM , April 1, 2021 /PRNewswire/ -- Despite that total collection performance continues to be above the active forecast for the quarter (102 per cent), Hoist Finance has decided to make an impairment of approx. SEK -350m for the first quarter of 2021. In the first quarter, most jurisdictions have performed in line with or above the active forecast, which since Q2-20 takes...

Hoist Finance's Annual Report 2020 Published PR Newswire STOCKHOLM, March 23, 2021 STOCKHOLM , March 23, 2021 /PRNewswire/ -- Hoist Finance's annual report 2020 and the Pillar 3 report are now published on our website. The annual report is available both in an online version and as a downloadable PDF document. Despite the global turmoil in 2020, Hoist Finance continued to deliver on the strategic agenda set in 2018. There has been significant performance improvements in France and Germany ....

Capital Markets Day 2021: Leaving regulatory challenges behind and profitable growth ahead PR Newswire STOCKHOLM, Feb. 25, 2021 STOCKHOLM , Feb. 25, 2021 /PRNewswire/ -- During today's virtual Capital Markets Day, Hoist Finance presented an update on the company's strategic direction and financial targets. The day has covered: An in-depth presentation of the company's four business lines: Digital, Contact Centre Operations, Secured Assets and Retail Banking. The significant progress made in...

Hoist Finance Capital Markets Day 25 February 2021 PR Newswire STOCKHOLM, Feb. 19, 2021 STOCKHOLM , Feb. 19, 2021 /PRNewswire/ -- Hoist Finance is pleased to invite investors, analysts, media and other stakeholders to a virtual live streamed Capital Markets Day on Thursday February 25 from 13:00 to approximately 16:30 CET . The executive management team will give an update on the strategy and financial targets, as well as ambitions for the coming years with a continued focus on sustainable...