In November, the total financed amount was €13,2M. Our core markets performed as expected, despite the holiday season having begun. In November, the Estonian market produced €5,4M worth of loans, followed by Lithuania with €3,2M and Finland with €2,1M.
Repayments were modest in November, reaching €7,0M. The average return has remained stable at 8,2% with a total of 38 loans (including stage loans) repaid.
The default rate increased to over 10% after new defaults in Lithuania, Latvia, and Germany. We recovered one defaulted loan in Estonia (€0,4M).
As per our investors’ request, we have added outstanding prolonged loans to the table above.
