Hoist Finance

Hoist Finance launches savings offering to the general public in Poland under the HoistSpar brand. To date, HoistSpar has over 85,000 retail deposit customers. In Sweden, we offer savings accounts through our own platform, while in Germany, Poland and the UK, our savings offering is provided by our partner Raisin, a pan-European marketplace for savers.

To offer consumers the opportunity to save at attractive interest rates is at the core of Hoist Finance's funding. The launch of HoistSpar in Poland enables access to funding in PLN, increases our European deposit base and further strengthens our funding structure in all of our currencies.  

"The launch of our retail deposit offering in Poland constitutes an important step for Hoist Finance in becoming a leading asset manager of non-performing loans in Europe. It is also an important step in HoistSpar's journey and I'm happy that we can offer savings accounts at attractive conditions to Polish retail customers. The launch in Poland ensures that we maintain the most competitive funding in the industry and also creates a better match to the underlying currency exposures in the Hoist Finance group", says Harry Vranjes, CEO of Hoist Finance.

For more information, please contact:

Sofia Buhlin, Interim Chief Communications Officer
sofia.buhlin@hoistfinance.com
+46 708 98 24 29

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.