Hoist Finance expands HoistSpar fixed-rate savings offering to Spain

Hoist Finance AB ( (SE:HOFI) ) just unveiled an announcement.

Hoist Finance is a Stockholm-listed asset manager specialising in non-performing loans, buying and managing debt portfolios from international banks and financial institutions across Europe. Regulated as a credit market company under the Swedish Financial Supervisory Authority, it operates in 14 European countries and supports consumers and small businesses in debt through sustainable repayment plans.

The company is expanding its retail savings brand HoistSpar into Spain, offering online fixed-rate euro savings accounts with terms from three to 24 months and interest rates currently up to 2.70 percent. The launch, backed by the Swedish government deposit guarantee, broadens Hoist Finance’s funding base and strengthens its pan-European footprint, adding Spanish savers to a network of more than 100,000 customers across six other European markets.

The most recent analyst rating on (SE:HOFI) stock is a Hold with a SEK167.00 price target. To see the full list of analyst forecasts on Hoist Finance AB stock, see the SE:HOFI Stock Forecast page.

More about Hoist Finance AB

Hoist Finance is a Stockholm-listed asset manager specialising in non-performing loans, buying and managing debt portfolios from international banks and financial institutions across Europe. Regulated as a credit market company under the Swedish Financial Supervisory Authority, it operates in 14 European countries and supports consumers and small businesses in debt through sustainable repayment plans.

Average Trading Volume: 174,803

Technical Sentiment Signal: Buy

Current Market Cap: SEK12.54B

See more insights into HOFI stock on TipRanks’ Stock Analysis page.