We saw €6.1M in loan repayments in January, with an additional €0.5M from recovered loans. Total returns amounted to €1.2M euros, with an average return rate of 8.6%. We originated €7.4M worth of loans. The slightly lower volume compared to the previous month reflects a typical seasonal trend.
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In January investors received €1.2M in returns from repaid and recovered loans (including interest, bonuses, penalties and indemnities). These repayments came mostly from loans in Estonia and Lithuania.
Repayments (blue) and recoveries (grey) over a 6-month period:
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Loan origination numbers remain stable. In January, we originated €7.4 million worth of loans, mostly in Estonia and Lithuania. The new loans all meet the criteria outlined in our enhanced credit policy, and they have all received a grade of B or higher according to Moody’s Analytical Assessment.
Loan origination over a 6-month period:
Summary of the loan portfolio as of January 31st:
