{"id":195130,"date":"2016-09-06T16:18:16","date_gmt":"2016-09-06T13:18:16","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=4441"},"modified":"2016-09-06T16:18:16","modified_gmt":"2016-09-06T13:18:16","slug":"monthly-origination-summary-august-2016","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/monthly-origination-summary-august-2016\/","title":{"rendered":"Monthly origination summary \u2013 August 2016"},"content":{"rendered":"

Building on the record month of originations in July, in August, we saw originations grow in 2 countries (Estonia and Spain). We saw another record month of originations at \u20ac2,782,475<\/strong>, topping July\u2019s record of 2.28 million Euro. That\u2019s a 21.5% increase<\/strong> month over month. The loan origination summary for the month of August is detailed below.<\/p>\n

Loan origination by country<\/h2>\n

Estonia is still in the lead with a 56% share of all new originations. Spain is growing in originations at a solid 25% share of new originations while Finland is an 18% share of new originations for the month.<\/p>\n

\n\n\n\n\n\n\n\n\n
Share by country \u2013 August 2016<\/th>\n<\/tr>\n
Country<\/td>\nInterest<\/td>\nAmount<\/td>\nShare<\/td>\n<\/tr>\n<\/thead>\n
ESTONIA<\/strong><\/th>\n26,84%<\/td>\n1572785<\/td>\n56,52%<\/td>\n<\/tr>\n
SPAIN<\/strong><\/th>\n59,57%<\/td>\n696860<\/td>\n25,04%<\/td>\n<\/tr>\n
FINLAND<\/strong><\/th>\n34,32%<\/td>\n512830<\/td>\n18,43%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Loan origination by grade<\/h2>\n

We are seeing good distribution across the countries and across the loan grades too. Last month, the only country where you could get A and AA loans is Estonia, which has the most loans issued overall. A and AA are a pretty small share of 0.93% and 1.96% shares of all loans issued. That\u2019s less than 3% combined. B grade loans are just under 9% share of all loans from Estonia and Finland.<\/p>\n

    \n
  • Estonia\u2019s originations are primarily in the C-E grades making up 32% of all loans. Interest rates in Estonia and Finland for B-D grade loans are consistent in the mid teens to the high twenties. E and F grade loan interest in Estonia range from 31.71% up to 42.39%.<\/li>\n
  • Finland\u2019s originations are primarily in the D-F grades making up ~13% of all loans. Rates are slightly higher in Finland for comparable grade loans compared to Estonia. The rate for B grade loans in Finland is 18.92% up to 39.64% for F grade loans (slightly higher than Estonia\u2019s 38.10% for F grade loans).<\/li>\n
  • Spain\u2019s originations are primarily in the higher interest grades of E, F and HR. Rates in Spain for all 3 grades are higher than the other 2 countries with rates of 36.28%, 42.39% and 63.10%. Spain has the highest amount of HR loans with a 21% share of all loans, while HR makes up a 27% share of all new loans originated in August.<\/li>\n<\/ul>\n
    \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Share by country and grade \u2013 August 2016<\/th>\n<\/tr>\n
    <\/th>\n\"MonthlyESTONIA<\/strong><\/th>\n\"MonthlySPAIN<\/strong><\/th>\n\"MonthlyFINLAND<\/strong><\/th>\n<\/tr>\n
    BR<\/th>\nInterest<\/th>\nAmount<\/th>\nShare<\/th>\nInterest<\/th>\nAmount<\/th>\nShare<\/th>\nInterest<\/th>\nAmount<\/th>\nShare<\/th>\n<\/tr>\n<\/thead>\n
    AA<\/strong><\/th>\n9,90%<\/td>\n25905<\/td>\n0,93%<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    A<\/strong><\/th>\n12,54%<\/td>\n54470<\/td>\n1,96%<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    B<\/strong><\/th>\n15,68%<\/td>\n236240<\/td>\n8,49%<\/td>\n<\/td>\n<\/td>\n<\/td>\n18,92%<\/td>\n3715<\/td>\n0,13%<\/td>\n<\/tr>\n
    C<\/strong><\/th>\n21,03%<\/td>\n345300<\/td>\n12,41%<\/td>\n<\/td>\n<\/td>\n<\/td>\n22,06%<\/td>\n62910<\/td>\n2,26%<\/td>\n<\/tr>\n
    D<\/strong><\/th>\n26,54%<\/td>\n298680<\/td>\n10,73%<\/td>\n<\/td>\n<\/td>\n<\/td>\n27,23%<\/td>\n158110<\/td>\n5,68%<\/td>\n<\/tr>\n
    E<\/strong><\/th>\n31,71%<\/td>\n304180<\/td>\n10,93%<\/td>\n36,28%<\/td>\n27600<\/td>\n0,99%<\/td>\n33,87%<\/td>\n103390<\/td>\n3,72%<\/td>\n<\/tr>\n
    F<\/strong><\/th>\n38,10%<\/td>\n209320<\/td>\n7,52%<\/td>\n42,39%<\/td>\n83000<\/td>\n2,98%<\/td>\n39,64%<\/td>\n108690<\/td>\n3,91%<\/td>\n<\/tr>\n
    HR<\/strong><\/th>\n48,22%<\/td>\n98690<\/td>\n3,55%<\/td>\n63,10%<\/td>\n586260<\/td>\n21,07%<\/td>\n52,99%<\/td>\n76015<\/td>\n2,73%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Building on the record month of originations in July, in August, we saw originations grow in 2 countries (Estonia and Spain). We saw another record month of originations at \u20ac2,782,475, topping July\u2019s record of 2.28 million Euro. That\u2019s a 21.5% increase month over month. The loan origination summary for the month of August is detailed […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-195130","post","type-post","status-publish","format-standard","hentry","category-stats-and-data"],"acf":[],"featured_image":null,"categories_names":["Stats & Data"],"category_name":"Stats & Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/195130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=195130"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/195130\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=195130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=195130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=195130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}