- (PLX AI) - Hoist Finance's acquisition of a portfolio of EUR 2.1 billion of non-performing loans in from Alpha Bank in Greece bodes well for the lender in the next year, SEB analysts said.
- • Hoist total investment in this transaction was EUR 108 million and is the lender's second portfolio acquisition in Greece
- • This is a positive step in the right direction for Hoist, SEB said
- • This shows that Hoist's released capital is used for investments, which should lead to increased EPS estimates for 2022, SEB said
- • Hoist is rated buy, with price target SEK 38 at SEB
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