Hoist Finance will launch deposit offer in Germany

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Hoist Kredit, a fully-owned subsidiary of Hoist Finance, will start to offer deposits to individuals in Germany. By adding deposits from the public in Euro to the existing offer in Swedish kronor, Hoist Finance will take another step towards a strengthened and diversified funding base.

The savings account will be offered in cooperation with Europe's largest deposit marketplace, Raisin. Since inception 2013 Raisin has allowed over 90,000 customers to deposit over EUR 4.0 billion at competitive interest rates.

The interest rates that will be offered for our savings accounts in Euro will be:

  • Instant Access Savings Accounts 0.60%
  • Fixed Term Savings Account 12 months 0.75%
  • Fixed Term Savings Account 24 months 0.85%

For further information please contact: 

Michel Jonson, Group Head of Investor Relations

Telephone: +46 (0)8 555 177 19

About Hoist Finance

Hoist Finance is a trusted debt restructuring partner to international banks and financial institutions. We are specialised in serving banks in handling non-performing loans, and supporting individuals in becoming debt free. Through expertise and rigorous compliance we earn the banks’ trust. Through respect, honesty and fairness we earn the trust of our customers.

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