{"id":86688,"date":"2022-01-18T13:00:00","date_gmt":"2022-01-18T11:00:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=86688"},"modified":"2022-01-18T13:00:00","modified_gmt":"2022-01-18T11:00:00","slug":"bondora-recoveries-end-2021-on-positive-note","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/bondora-recoveries-end-2021-on-positive-note\/","title":{"rendered":"Bondora Recoveries End 2021 on Positive Note"},"content":{"rendered":"\n

December\u2019s collection figures paint a similar picture to what we saw in November<\/a>, showcasing a sustainable and solid month of recoveries. After increasing since September, the count of loans recovered rose again in December, this time by 2.1% to 73,962. A total of \u20ac855,788 was recovered. Read more:<\/p>\n\n\n\n

\"December\u2019s
December\u2019s collection figures paint a similar picture to previous months.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

As we\u2019ve come to expect, most recoveries come from the Bailiff phase, accounting for 33,339 of all recoveries\u2014a 45.1% share. The second-largest share (27.4%) comes from the Default & Court phase with 20,292 recoveries. As far as country-specifics are concerned, we saw growth in Estonia (3.2%) and Finland (2.3%), a slight decline in Spain (0.1%), and a standstill in Slovakia. The largest portion of loans recovered also stems from Estonia, taking up a 45.2% share.<\/p>\n\n\n\n

\"Recoveries<\/a>
Recoveries by the count of loans \u2013 December 2021 (Click to enlarge)<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Cash recoveries<\/h2>\n\n\n\n

The total amount of cash recovered is \u20ac855,788. This is a decline of 1.9% from last month. As we saw in November and previous months, the increased loan payments recovered do not necessarily mean an increase in the amount of cash recovered.<\/p>\n\n\n\n

In contrast to November, when Finland had the highest amount of cash recovered in December, Estonia took over, making up 47% of all cash recovered. Finland instead took 2nd<\/sup> place, making up 40.4%. Spain makes up 8.6%, a 21.0% decline from last month. It\u2019s worthy to note that the amounts recovered from Slovakia skyrocketed from \u20ac1,046 in November to \u20ac34,010 in December.<\/p>\n\n\n\n

Unsurprisingly, the Bailiff stage is responsible for 82.5% of all recovered cash.<\/p>\n\n\n\n

\"Recoveries<\/a>
Recoveries by cash flow \u2013 December 2021<\/em> (Click to enlarge)<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Yearly recovery rate<\/h2>\n\n\n\n

To end 2021 with the highest recovery rate in history is something we\u2019re immensely proud of. The 2021 return rate ended the year at 73.2%\u20146% lower than in November. The cumulative return rate for 2014-2021 is 40.4%\u2014a 6.1% decline. Like the previous month, the return rates for 2014, 2015, and 2016 all increased somewhat. In contrast, the other years\u2019 return rates all decreased slightly.<\/p>\n\n\n\n

\"Recovery
Recovery rate \u2013 December 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Recoveries by country<\/h2>\n\n\n\n

As we\u2019ve seen over the last few months, Estonia tends to be an outlier. With a 2021 recovery rate of 123.7%, it lies far ahead of the rest. Finnish recoveries come in with 23.4%\u2014which is a 0.5% decline from November. Spanish recoveries for 2021 dove 8.3% to 55.4%. The second-highest recovery rate of the last 7 years is in 2014, and again comes from Estonia, with 82.1%.<\/p>\n\n\n\n

\"Recovery
Recovery rate by country \u2013 December 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Recoveries end 2021 on a positive note<\/h2>\n\n\n\n

December\u2019s recoveries rounded the year off on a positive note. Missed payment and cash recoveries closely resembled November\u2019s figures, indicating stability. In 2021, we managed to set a new recovery record<\/a> of \u20ac2.3M in September, and we had an average of \u20ac991,727 collected each month. We also had the highest yearly recovery rate in Bondora history. We\u2019re excited to see what 2022 will hold in store for us.<\/p>\n\n\n\n

You can always view missed payment recoveries and all other Bondora data at any time. Check out our <\/em>real-time statistics<\/em><\/a> to see not only recovery data on all Bondora missed payments, but loan history, returns data, and more.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

December\u2019s collection figures paint a similar picture to what we saw in November, showcasing a sustainable and solid month of recoveries. After increasing since September, the count of loans recovered rose again in December, this time by 2.1% to 73,962. A total of \u20ac855,788 was recovered. Read more: As we\u2019ve come to expect, most recoveries […]<\/p>\n","protected":false},"author":11,"featured_media":86689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[113,103],"class_list":["post-86688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats-and-data","tag-collectionrecovery","tag-english"],"acf":[],"featured_image":null,"categories_names":["Stats & Data"],"category_name":"Stats & Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/86688","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=86688"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/86688\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=86688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=86688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=86688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}