KEY TAKEAWAYS

total-recovery-rates-august-2017

  • Q2 of 2017 gave a small boost to average recovery rates for past year in both Finland and Spain. From Q2 of 2016 to Q2 of 2017, the average recovery For Finland was 59% and for Spain 32%.
  • Estonias recoveries have been very stable once again. Average recovery for 2015 dipped one percent to 67% but otherwise the recoveries are on the same level as month ago.
  • Slovakias total average recoveries saw a decrease again, dipping to 39% from 42%.

PRINCIPAL RECOVERY RATES ACROSS MARKETS

Recoveries in all countries have seen stretches of decreased recoveries aswell as some periods of increases but overall trends still remain quite stable. As a result the overall recoveries across years fluctuate within few percentage points. Estonia, Finland and Spain have all been keeping a rather stable trends for average total recoveries, with Estonia hovering around 65%, Finland 44% and Spain 27%. Principal recoveries from Slovakia have been the most volatile of the group due to much smaller principal amounts involved. The latest recovery rate dip for Slovakia was mostly the result of larger recovery decreases from 2016 loans. The total average recovery for Slovakia still hangs around 40%.

Quarter 2014 Q1 2014 Q2 2014 Q3 2014 Q4 2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1 2017 Q2
Estonia 53% 66% 72% 72% 97% 68% 47% 55% 55% 66% 67% 64% 49% 59%%
Finland 41% 60% 35% 53% 61% 59% 19% 20% 30% 53% 62% 34% 45% 100%
Spain N/A 17% 18% 19% 29% 26% 27% 32% 25% 56% 30% 13% 20% 40%
Slovakia N/A N/A 4% 8% 25% 11% 50% 38% 73% 131% 16% 33% 10% ND

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