As we predicted, the full funded quantity in March was just like February. Our traders financed €16,7M price of loans and, regardless of macroeconomic modifications, investor and borrower habits stays steady. Throughout March, Estonia and Germany once more carried out nicely, every contributing 30% of the full mortgage quantity.
Mortgage repayments amounted to half of these in February (€5,4M, 19 loans). The diploma of volatility is reflective of seasonality and never fee issues, and we count on repayments to enhance within the second quarter.
The default price decreased to five,0% and is now according to the long-term goal price we set internally. This was primarily resulting from sturdy debt administration in Estonia, the place one mission’s full principal quantity was recovered (€0,9M). The remainder (curiosity, penalties and so forth) might be obtained by our traders following the profitable conclusion of ongoing authorized disputes.
| As of 12.04.2022 | |
| Whole financed loans since 2014 | €550,8M |
| Whole repaid loans since 2014 | €304,9M |
| Whole excellent portfolio | €245,8M |
| Whole excellent defaulted loans | €12,4M |
| Whole variety of excellent defaulted loans | 48 |
| Default price (excellent loans) | 5,0% |
| Partially recovered loans price (excellent loans) | 1,6% |
| Default price (whole financed loans) | 2,3% |
| Whole quantity of recovered loans (together with partially) | €17,0M |
| Whole variety of absolutely recovered loans | 98 |
| Common return price of absolutely recovered loans | 9,5% |
| Common time from default to restoration | 8,9 months |
| Write-off price (whole financed loans) | 0,007% |
We’ll maintain you knowledgeable concerning the credit score portfolio high quality month-to-month.
