• 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 Estonia, Finland and Spain have all remained stable as we’ve 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%.
  • 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.
  • The trend in recoveries from 2014 to 2015 for all countries has been modestly up. Given that we entered the second quarter of 2017, this increase is unlikely to change.


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 Yield-To-Maturity calculation 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’re 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.

Quarter2014 Q12014 Q22014 Q32014 Q42015 Q12015 Q22015 Q32015 Q42016 Q12016 Q22016 Q32016 Q4

You can find additional related information about the recovery process from these articles: