{"id":7159,"date":"2017-04-11T14:55:06","date_gmt":"2017-04-11T11:55:06","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=7159"},"modified":"2017-04-11T14:55:06","modified_gmt":"2017-04-11T11:55:06","slug":"monthly-origination-summary-for-march-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/monthly-origination-summary-for-march-2017\/","title":{"rendered":"Monthly origination summary for March 2017"},"content":{"rendered":"

Loan originations increased over previous month reaching \u20ac3,017,555. Much of this month\u2019s originations comes from Estonia which comprises 75.60% of the total. This proportion exceeds the same measurement for January and February of this year. Most of the originations fell on ratings B, C and D which held a combined share of over 60% of all March loan originations.<\/p>\n

Loan origination by country<\/h2>\n

Estonia leads the pack with 75.60% share of the total, followed by Spain at 12.92% and Finland at 11.48%. Part of Estonia\u2019s larger presence comes from \u201cAA\u201d and \u201cA\u201d rated loans which are not offered by Spain or Finland. However, even among \u201cB\u201d through \u201cE\u201d rated loans Estonia is generating more originations. Some of this performance may be the result of a thriving P2P market and greater demand within the country compared to Spain and Finland. March\u2019s figures represent a trend in this regard. Estonia captured 62.98% of the total in January and 70.24% in February.<\/p>\n

\n\n\n\n\n\n\n\n\n
Share by country \u2013 March\u00a02017<\/th>\n<\/tr>\n
Country<\/td>\nInterest<\/td>\nAmount<\/td>\nShare<\/td>\n<\/tr>\n<\/thead>\n
ESTONIA<\/strong><\/th>\n20,43%<\/td>\n2281250<\/td>\n75,60%<\/td>\n<\/tr>\n
SPAIN<\/strong><\/th>\n101,28%<\/td>\n389880<\/td>\n12,92%<\/td>\n<\/tr>\n
FINLAND<\/strong><\/th>\n51,72%<\/td>\n346425<\/td>\n11,48%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Loan origination by rating<\/h2>\n

A concentration within \u201cC\u201d rated loans appears to illustrate a drive towards larger returns. This middle ground of risk offers more aggressive returns amid slightly elevated risk. This acceptance of risk steadily drops off moving down the list from \u201cD\u201d to \u201cF\u201d loans. Interestingly, \u201cHR\u201d loans still capture a significant portion of the total (14.70%) as it appears there is a segment committed to seeking outsized returns in exchange for riskier loans.<\/p>\n

    \n
  • It\u2019s important to remember that investors can only fund the loans that are available. For example, \u201cA\u201d and \u201cAA\u201d rated loans are a much smaller portion relative to \u201cHR\u201d loans. This difference is due, in part, to the characteristics of borrowers in the market.<\/li>\n
  • Investors considering \u201cE\u201d \u201cF\u201d and \u201cHR\u201d loans in the Spain and Finland markets appear to choose return over risk.<\/li>\n
  • Finland has the most even distribution of originations among ratings. This wide sampling of credit risk represents an equitable distribution of risk and return among investors within the country.<\/li>\n<\/ul>\n
    \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Share by country and rating \u2013 March\u00a02017<\/th>\n<\/tr>\n
    <\/th>\nESTONIA<\/strong><\/th>\nSPAIN<\/strong><\/th>\nFINLAND<\/strong><\/th>\n<\/tr>\n
    Rating<\/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>\n10,00%<\/td>\n26745<\/td>\n0,89%<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    A<\/strong><\/th>\n11,78%<\/td>\n118370<\/td>\n3,92%<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    B<\/strong><\/th>\n14,65%<\/td>\n555785<\/td>\n18,42%<\/td>\n<\/td>\n<\/td>\n<\/td>\n\u00a017,05%<\/td>\n\u00a03720<\/td>\n0,12%<\/td>\n<\/tr>\n
    C<\/strong><\/th>\n19,19%<\/td>\n770125<\/td>\n25,52%<\/td>\n<\/td>\n<\/td>\n<\/td>\n23,95%<\/td>\n39145<\/td>\n1,30%<\/td>\n<\/tr>\n
    D<\/strong><\/th>\n25,35%<\/td>\n462440<\/td>\n15,32%<\/td>\n<\/td>\n<\/td>\n<\/td>\n27,89%<\/td>\n38140<\/td>\n1,26%<\/td>\n<\/tr>\n
    E<\/strong><\/th>\n31,82%<\/td>\n294255<\/td>\n9,75%<\/td>\n37,33%<\/td>\n4270<\/td>\n0,14%<\/td>\n36,34%<\/td>\n75425<\/td>\n2,50%<\/td>\n<\/tr>\n
    F<\/strong><\/th>\n36,11%<\/td>\n53530<\/td>\n1,77%<\/td>\n41,14%<\/td>\n46460<\/td>\n1,54%<\/td>\n46,63%<\/td>\n85570<\/td>\n2,84%<\/td>\n<\/tr>\n
    HR<\/strong><\/th>\n<\/td>\n<\/td>\n<\/td>\n108,87%<\/td>\n339150<\/td>\n11,24%<\/td>\n87,58%<\/td>\n104425<\/td>\n3,46%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Loan originations increased over previous month reaching \u20ac3,017,555. Much of this month\u2019s originations comes from Estonia which comprises 75.60% of the total. This proportion exceeds the same measurement for January and February of this year. Most of the originations fell on ratings B, C and D which held a combined share of over 60% of […]<\/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-7159","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\/7159","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=7159"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/7159\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=7159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=7159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=7159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}