{"id":7231,"date":"2017-04-20T15:37:20","date_gmt":"2017-04-20T12:37:20","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=7231"},"modified":"2017-04-20T15:37:20","modified_gmt":"2017-04-20T12:37:20","slug":"performance-of-recovery-process-april-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/performance-of-recovery-process-april-2017\/","title":{"rendered":"Performance of recovery process \u2013 April 2017"},"content":{"rendered":"<h2>KEY TAKEAWAYS<\/h2>\n<ul>\n<li>The average recovery performance in Slovakia has made strong progress over the years. The recovery rate from the start of 2014 through 2016 was 50%. However, the 2016 average is 85%. As 2016 data continues to mature this figure may drop but the overall trend is encouraging.<\/li>\n<li>The yearly average recovery performance for Estonia, Finland and Spain have all remained stable as we\u2019ve grown the scale of our marketplace lending base. Recovery rates for Estonia is still firmly hovering near 70%, while recovery rates for Finland and Slovakia are fluctuating around 50%. Spain has the weakest total recovery rate with just above 30%.<\/li>\n<li>Finland, Spain, and Slovakia have all seen improvements in their average annual recovery figures from 2014 to 2016. Again, averages for 2016 may drop, however, the upward trend is likely to survive.<\/li>\n<li>The trend in recoveries from 2014 to 2015 for all countries has been modestly up. Given that we\u00a0entered the second quarter of 2017, this increase is unlikely to change.<\/li>\n<\/ul>\n<h2>PRINCIPAL RECOVERY RATES ACROSS MARKETS<\/h2>\n<p align=\"left\">The average recovery rates across all countries in 2014 and 2015 was relatively unchanged. This consistency offers stable data for investors seeking to forecast the success of recovery rates or factor this data into the <a href=\"https:\/\/www.goandgrow.eu\/blog\/forward-looking-return-calculation\/\" target=\"_blank\" rel=\"noopener\">Yield-To-Maturity calculation<\/a> in the Dashboard. Data from 2016 illustrates that this consistency will continue or even improve. Even if 2016 falls from its current average of 60%, relative to the 2014 and 2015 averages of 42% and 44% respectively, we\u2019re still unlikely to see a yearly downtrend in recoveries. As we adjust to the growing scale of our user base we expect to see recoveries increase as efficiencies in our efforts grow.<\/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<th>2016 Q3<\/th>\n<th>2016 Q4<\/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>53%<\/td>\n<td>68%<\/td>\n<td>73%<\/td>\n<td>76%<\/td>\n<td>103%<\/td>\n<td>73%<\/td>\n<td>48%<\/td>\n<td>54%<\/td>\n<td>55%<\/td>\n<td>68%<\/td>\n<td>75%<\/td>\n<td>66%<\/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>40%<\/td>\n<td>63%<\/td>\n<td>36%<\/td>\n<td>56%<\/td>\n<td>67%<\/td>\n<td>61%<\/td>\n<td>16%<\/td>\n<td>18%<\/td>\n<td>29%<\/td>\n<td>56%<\/td>\n<td>75%<\/td>\n<td>41%<\/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>18%<\/td>\n<td>18%<\/td>\n<td>19%<\/td>\n<td>30%<\/td>\n<td>26%<\/td>\n<td>30%<\/td>\n<td>33%<\/td>\n<td>30%<\/td>\n<td>72%<\/td>\n<td>35%<\/td>\n<td>17%<\/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>4%<\/td>\n<td>9%<\/td>\n<td>27%<\/td>\n<td>13%<\/td>\n<td>55%<\/td>\n<td>51%<\/td>\n<td>75%<\/td>\n<td>190%<\/td>\n<td>28%<\/td>\n<td>47%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<hr \/>\n<p align=\"left\">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>KEY TAKEAWAYS The average recovery performance in Slovakia has made strong progress over the years. The recovery rate from the start of 2014 through 2016 was 50%. However, the 2016 average is 85%. As 2016 data continues to mature this figure may drop but the overall trend is encouraging. The yearly average recovery performance for [&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-7231","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\/7231","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=7231"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/7231\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=7231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=7231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=7231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}