Hoist Finance AB

Hoist Finance AB (publ) is a Swedish bank headquartered in Stockholm that specializes in acquiring, managing, and servicing portfolios of primarily unsecured consumer receivables from banks and other creditors across several European markets, including Sweden, Germany, France, Italy, Spain, and Poland. The group’s business model centers on buying non-performing loans and, to a lesser extent, performing consumer assets, then collecting cash flows over time through in-house and outsourced servicing platforms; it also provides third‑party servicing. For funding, Hoist relies mainly on retail deposits gathered via online savings accounts and fixed‑term deposits offered in selected countries (marketed under the HoistSpar brand in some jurisdictions), supplemented by senior unsecured and subordinated debt issued under its capital markets programs. The bank is authorized and supervised by the Swedish Financial Supervisory Authority, and eligible deposits placed with the Swedish entity and its EEA branches are protected by the Swedish deposit guarantee scheme up to the statutory limit. Reported results are driven by gross collections, portfolio amortization, and valuation adjustments, making earnings sensitive to changes in consumer affordability, labor markets, interest rates, and country‑specific legal and enforcement frameworks. As a listed company on Nasdaq Stockholm, Hoist is subject to CRR/CRD capital and liquidity rules and minimum requirements for own funds and eligible liabilities (MREL). Key risks include macroeconomic volatility, pricing and underwriting discipline when purchasing portfolios, conduct and data‑protection compliance in collections, and refinancing and deposit‑pricing risk as rates move; prospective depositors should review terms, early‑withdrawal conditions, and local tax treatment, and investors should consider regulatory changes affecting non‑performing exposure and provisioning.