Investor, Servicer & Debt Buyer Newsroom NPL - Distressed Asset

Hoist Finance launches a savings offer in Poland with Hoistspar

Hoist Finance, under the HoistSpar brand, launches in Poland the savings offer to the general public. Currently, HoistSpar has reached more than 85,000 retail deposit customers. In Sweden, savings accounts are offered through their platform, while in Germany, Poland and the United Kingdom the savings offer is provided by partner Raisin, a European marketplace for savers. Hoist Finance has focused its investments on offering to consumers the opportunity to save at attractive interest rates.

According to the company’s statements “the launch of HoistSpar in Poland provides access to financing in PLN, increases the company’s European deposit base and further strengthens the financing structure in all currencies”.

Harry Vranjes, CEO di Hoist Finance says 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“.

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