{"id":195137,"date":"2016-11-08T14:38:50","date_gmt":"2016-11-08T12:38:50","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=5243"},"modified":"2016-11-08T14:38:50","modified_gmt":"2016-11-08T12:38:50","slug":"performance-of-recovery-process-november-2016","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/performance-of-recovery-process-november-2016\/","title":{"rendered":"Performance of recovery process \u2013 November 2016"},"content":{"rendered":"<p>Let\u2019s have a look at the monthly results for loan recoveries at Bondora.<\/p>\n<h3>KEY TAKEAWAYS<\/h3>\n<ul>\n<li>Estonia experienced a small increase in recoveries reaching 69% compared to 67% last month. This marks a continued upward trend which started in Q3 of 2015.<\/li>\n<li>Finland saw a modest decline in recoveries hitting 72% compared to 83% seen last month. However, the performance for the month is the second highest for the country in the last three consecutive quarters.<\/li>\n<li>Many of the figures say more about the strength of recoveries in September\u00a0rather than weakness in October. Spain also dipped with 118% compared to 133%. Slovakia, while still very strong reached 429% compared to 548% last month.<\/li>\n<li>All countries showed a significant increase in recoveries compared to the previous quarter totals for 2016.<\/li>\n<\/ul>\n<h3>PRINCIPAL RECOVERY RATES ACROSS MARKETS<\/h3>\n<p>Recoveries in each country for the month represent, at minimum, 2\/3 value of the principal. Investors in Spain and Slovakia have experienced greater than 100% principal recovery for two consecutive months. Our increasingly robust litigation efforts in Spain are showing results as the 118% recovery is a dramatic improvement over just 30% for the same quarter in 2015. The data in the table below is as of 08.11.2016.<\/p>\n<div class=\"responsive-table\">\n<table class=\"bondora-table small-text-table\" width=\"620\">\n<thead>\n<tr class=\"green-bg\">\n<th class=\"border-right\">Quarter<\/th>\n<th>2014 Q1<\/th>\n<th>2014 Q2<\/th>\n<th>2014 Q3<\/th>\n<th>2014 Q4<\/th>\n<th>2015 Q1<\/th>\n<th>2015 Q2<\/th>\n<th>2015 Q3<\/th>\n<th>2015 Q4<\/th>\n<th>2016 Q1<\/th>\n<th>2016 Q2<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"border-right\" style=\"text-align: left\"><img loading=\"lazy\" decoding=\"async\" class=\"country-flag\" src=\"https:\/\/i1.wp.com\/www.goandgrow.eu\/content\/img\/flags\/et.png?w=1024&amp;ssl=1\" width=\"18\" height=\"18\" \/>Estonia<\/td>\n<td>55%<\/td>\n<td>72%<\/td>\n<td>76%<\/td>\n<td>80%<\/td>\n<td>116%<\/td>\n<td>84%<\/td>\n<td>48%<\/td>\n<td>50%<\/td>\n<td>63%<\/td>\n<td>69%<\/td>\n<\/tr>\n<tr>\n<td class=\"border-right\" style=\"text-align: left\"><img loading=\"lazy\" decoding=\"async\" class=\"country-flag\" src=\"https:\/\/i1.wp.com\/www.goandgrow.eu\/content\/img\/flags\/fi.png?w=1024&amp;ssl=1\" width=\"18\" height=\"18\" \/>Finland<\/td>\n<td>37%<\/td>\n<td>58%<\/td>\n<td>32%<\/td>\n<td>56%<\/td>\n<td>74%<\/td>\n<td>75%<\/td>\n<td>21%<\/td>\n<td>23%<\/td>\n<td>34%<\/td>\n<td>72%<\/td>\n<\/tr>\n<tr>\n<td class=\"border-right\" style=\"text-align: left\"><img loading=\"lazy\" decoding=\"async\" class=\"country-flag\" src=\"https:\/\/i1.wp.com\/www.goandgrow.eu\/content\/img\/flags\/es.png?w=1024&amp;ssl=1\" width=\"18\" height=\"18\" \/>Spain<\/td>\n<td>N\/A<\/td>\n<td>19%<\/td>\n<td>13%<\/td>\n<td>19%<\/td>\n<td>35%<\/td>\n<td>30%<\/td>\n<td>35%<\/td>\n<td>42%<\/td>\n<td>31%<\/td>\n<td>118%<\/td>\n<\/tr>\n<tr>\n<td class=\"border-right\" style=\"text-align: left\"><img loading=\"lazy\" decoding=\"async\" class=\"country-flag\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/sl.png\" width=\"18\" height=\"18\" \/>Slovakia<\/td>\n<td>N\/A<\/td>\n<td>N\/A<\/td>\n<td>5%<\/td>\n<td>11%<\/td>\n<td>31%<\/td>\n<td>16%<\/td>\n<td>59%<\/td>\n<td>85%<\/td>\n<td>88%<\/td>\n<td>429%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<hr \/>\n<p>You can find additional related information about the recovery process from these articles:<\/p>\n<ul>\n<li><a href=\"https:\/\/support.goandgrow.eu\/hc\/en-us\/articles\/213692889-How-are-recovery-rates-measured-\">How are recovery rates measured?<\/a><\/li>\n<li><a href=\"https:\/\/support.goandgrow.eu\/hc\/en-us\/articles\/213693009-Why-don-t-you-calculate-the-recovery-rate-on-the-principal-balance-\">Why don\u2019t you calculate the recovery rate on the principal balance?<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s have a look at the monthly results for loan recoveries at Bondora. KEY TAKEAWAYS Estonia experienced a small increase in recoveries reaching 69% compared to 67% last month. This marks a continued upward trend which started in Q3 of 2015. Finland saw a modest decline in recoveries hitting 72% compared to 83% seen last [&hellip;]<\/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-195137","post","type-post","status-publish","format-standard","hentry","category-stats-and-data"],"acf":[],"featured_image":null,"categories_names":["Stats &amp; Data"],"category_name":"Stats &amp; Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/195137","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=195137"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/195137\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=195137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=195137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=195137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}