Performance of recovery process in Bondora – September 2016

Collection & Recovery

Recovery Rates have been consistent across the board.


  • Recovery rates in Estonia averaged 36% last month. For the last 3 quarters, Q4 of 2015 and the first 2 quarters of 2016, we are seeing an increase in recovery rates on a monthly and quarterly basis. Quarterly recoveries increase from 53% to 60% to 71%.
  • Recovery rates in Finland average 102% versus 108% last month. Here we have a slight decline from the previous month. The last 3 quarters we have seen declining monthly recoveries although our recovery process is improving. The last 3 quarters saw recoveries of 26%, 34%, and 102% respectively.
  • Recovery rates in Spain average 79% versus 95% last month, a slight decline. Like Finland, we are seeing a slight decline in recoveries over the last 3 quarters. The last 3 quarters in Spain saw recoveries of 43%, 34%, and 79% respectively. We just started using the legal process and litigating for recoveries here. We will be updating with how this process goes.
  • Recovery rates in Slovakia for the loans still outstanding there are improving. Monthly we have an increase from 1% up to 23%. Quarterly recoveries are at 110%, 96% and 23% respectively.


Below you can see the recovery rates across markets per quarterly cohorts. The cohorts are made of loans that defaulted in that particular quarter. The data in the table is as of 12.09.2016.

Quarter2014 Q12014 Q22014 Q32014 Q42015 Q12015 Q22015 Q32015 Q42016 Q12016 Q2

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


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