Net investment return is interest and loan penalties earned, after deducting losses from defaulted loans and provisions for doubtful loans. Restructured loans carry provisions of 10% which in most cases does not turn out to be an actual loss and the return improves once such loan is repaid. Interest rate ranges from 6% annually on the safest loans covered by EIF guarantee and Capitalia buyback obligation up to 18% for the most risky projects. The weighted average project interest rate is 11.93% and the annual loan loss rate is 0.63%. The return fluctuates based on the overall economic conditions, however, overall is very stable.
Growth of an EUR 1,000 investment in loans to Baltic businesses would ensure a stable savings growth over the last six year period. This return compares very favorably with returns of investment to any other general investment categories in the eurozone.
A+ | A | B | C | D | Total | |
---|---|---|---|---|---|---|
Issued | € 14,008,289 | € 17,333,275 | € 45,931,847 | € 21,360,727 | € 2,586,931 | € 101,221,069 |
Repaid | € 13,611,580 | € 12,711,652 | € 33,655,161 | € 17,975,653 | € 2,400,665 | € 80,354,711 |
Active | € 324,112 | € 3,156,806 | € 9,141,176 | € 2,471,156 | € 116,049 | € 15,209,300 |
1-30 days | € 25,986 | € 1,052,839 | € 900,323 | € 302,320 | € 36,327 | € 2,317,794 |
31-60 days | € 35,955 | € 0 | € 113,283 | € 66,176 | € 0 | € 215,414 |
61-90 days | € 10,657 | € 0 | € 579,525 | € 15,525 | € 33,890 | € 639,596 |
91-180 days | € 0 | € 306,519 | € 114,997 | € 183,974 | € 0 | € 605,490 |
181-360 days | € 0 | € 0 | € 997,846 | € 265,910 | € 0 | € 1,263,756 |
Over 361 days | € 0 | € 105,460 | € 429,535 | € 80,012 | € 0 | € 615,008 |
A+ | A | B | C | D | Total | |
---|---|---|---|---|---|---|
Weighted average interest rate | 8.54% | 11.07% | 12.04% | 13.61% | 15.52% | 12.16% |
Loan loss rate | 0.00% | 0.55% | 1.84% | 0.56% | 0.00% | 1.02% |
Loan write-off rate | 0.00% | 0.00% | 0.07% | 0.07% | 0.00% | 0.04% |
The table below provides weighted average interest rate, default rate, and loss rates for portfolios generated in each year
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Weighted average interest rate | 13.98% | 12.45% | 12.87% | 11.92% | 11.11% | 11.05% | 12.32% | 12.08% |
Weighted average term | 11.23 | 8.06 | 11.40 | 9.91 | 17.32 | 16.55 | 17.95 | 20.52 |
Annualized default rate | 0.00% | 2.38% | 3.47% | 2.06% | 6.72% | 2.83% | 1.74% | 1.29% |
Annualized loss rate | 0.00% | 0.00% | 0.32% | 0.00% | 2.56% | 0.94% | 0.27% | 0.35% |