{"id":8651,"date":"2017-07-06T18:11:41","date_gmt":"2017-07-06T15:11:41","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=8651"},"modified":"2017-07-06T18:11:41","modified_gmt":"2017-07-06T15:11:41","slug":"monthly-origination-summary-for-june-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/monthly-origination-summary-for-june-2017\/","title":{"rendered":"Monthly origination summary for June 2017"},"content":{"rendered":"

June\u2019s originations came in at \u20ac2,778,332, outpacing the months of February and May, although the total was below the monthly average for 2017 of \u20ac2,845,226. Just over half of this total came from loans rated in the \u201cB,\u201d \u201cC,\u201d and \u201cD\u201d range. However, there was something of a polarizing effect with regard to risk. The second highest portion of the months total originations came from \u201cHR\u201d loans, exhibiting the greatest risk. \u201cC\u201d rated loans took the greatest share at 21.14% of the total.<\/p>\n

Loan origination by country<\/h2>\n

As expected Estonia carries the largest portion of the total at 67.56%. However, this is a definitive drop from last month when the country took in 77.44% of the total. Spain was second with an 18.57% share of June\u2019s originations followed by Finland at 13.88%. Both figures are clear increases over May. This may be the start of an equalizing trend where originations are more evenly distributed across regions.<\/p>\n

\n\n\n\n\n\n\n\n\n
Share by country \u2013 June 2017<\/th>\n<\/tr>\n
Country<\/td>\nInterest<\/td>\nAmount<\/td>\nShare<\/td>\n<\/tr>\n<\/thead>\n
ESTONIA<\/strong><\/th>\n20.74%<\/td>\n1876925<\/td>\n67.56%<\/td>\n<\/tr>\n
SPAIN<\/strong><\/th>\n95.81%<\/td>\n515814<\/td>\n18.57%<\/td>\n<\/tr>\n
FINLAND<\/strong><\/th>\n50.24%<\/td>\n385593<\/td>\n13.88%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Loan origination by rating<\/h2>\n

There was little or no consistency among loans by rating. There were only three common ratings among the originations in each country, \u201cD,\u201d \u201cE,\u201d and \u201cF\u201d which, among this group, dominated in Estonia, Finland and Spain respectively. Originations seem to be driven more by what\u2019s available rather than pure investor risk tolerance.<\/p>\n

    \n
  • \u201cAA,\u201d and \u201cA\u201d rated loans were the two lowest groups stemming, likely, from lower availability.<\/li>\n
  • Both Spain and Finland saw loan originations also from less risky ratings than usual – “D” and “E” rated loans for Spain, \u201cAA,\u201d \u201cA,\u201d and \u201cB\u201d rated loans from Finland.<\/li>\n
  • Interestingly, \u201cHR\u201d loans in Finland represent the highest portion despite a wide range of options. This metric may signal a more flexible approach to risk by investors.<\/li>\n
  • \u201cAA,\u201d \u201cA,\u201d and \u201cB\u201d loans together represent 25.94% of originations whereas \u201cHR\u201d and \u201cF\u201d loans together hold 26.34% of the total. Again, it seem investor\u2019s drive towards return is more influential than their concern with the risk of a higher default.<\/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 June 2017<\/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>\n10.20%<\/td>\n77799<\/td>\n2.80%<\/td>\n<\/td>\n<\/td>\n<\/td>\n8.47%<\/td>\n2650<\/td>\n0.10%<\/td>\n<\/tr>\n
    A<\/strong><\/th>\n11.66%<\/td>\n149217<\/td>\n5.37%<\/td>\n<\/td>\n<\/td>\n<\/td>\n11.27%<\/td>\n5840<\/td>\n0.21%<\/td>\n<\/tr>\n
    B<\/strong><\/th>\n14.57%<\/td>\n468695<\/td>\n16.87%<\/td>\n<\/td>\n<\/td>\n<\/td>\n16.60%<\/td>\n16590<\/td>\n0.60%<\/td>\n<\/tr>\n
    C<\/strong><\/th>\n20.13%<\/td>\n545595<\/td>\n19.64%<\/td>\n<\/td>\n<\/td>\n<\/td>\n22.12%<\/td>\n41642<\/td>\n1.50%<\/td>\n<\/tr>\n
    D<\/strong><\/th>\n26.25%<\/td>\n372867<\/td>\n13.42%<\/td>\n29.40%<\/td>\n7872<\/td>\n0.28%<\/td>\n25.12%<\/td>\n41327<\/td>\n1.49%<\/td>\n<\/tr>\n
    E<\/strong><\/th>\n33.09%<\/td>\n219303<\/td>\n7.89%<\/td>\n38.48%<\/td>\n21920<\/td>\n0.79%<\/td>\n35.25%<\/td>\n75155<\/td>\n2.71%<\/td>\n<\/tr>\n
    F<\/strong><\/th>\n35.17%<\/td>\n43449<\/td>\n1.56%<\/td>\n48.79%<\/td>\n67300<\/td>\n2.42%<\/td>\n48.91%<\/td>\n62458<\/td>\n2.25%<\/td>\n<\/tr>\n
    HR<\/strong><\/th>\n<\/td>\n<\/td>\n<\/td>\n107.62%<\/td>\n418722<\/td>\n15.07%<\/td>\n80.89%<\/td>\n139931<\/td>\n5.04%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    June\u2019s originations came in at \u20ac2,778,332, outpacing the months of February and May, although the total was below the monthly average for 2017 of \u20ac2,845,226. Just over half of this total came from loans rated in the \u201cB,\u201d \u201cC,\u201d and \u201cD\u201d range. However, there was something of a polarizing effect with regard to risk. The […]<\/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-8651","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\/8651","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=8651"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/8651\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=8651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=8651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=8651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}