Statistics | CAPITALIA

Net return

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.

Net return is weighted average interest rate of all funded projects reduced by the observed annualized loan loss rate

How it compares

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.

Cumulative By year

Source: Capitalia Net Returns, iShares Core MSCI World UCITS ETF, iShares Global High Yield Corp Bond, iShares Developed Markets Property Yield UCITS ETF, iShares iBoxx $ Investment Grade Corporate Bond ETF, JPM Eur Money Market VNAD D Eur

Asset class	2019	2020	2021	2022	2023	2024	Average
Capitalia	12.55%	11.92%	8.55%	10.11%	12.05%	11.73%	11.15%
Equity	27.80%	15.90%	21.90%	-18.00%	23.90%	18.70%	15.03%
Real estate	22.00%	-9.50%	25.20%	-24.30%	9.90%	1.00%	4.05%
Investment-grade bonds	17.13%	-11.14%	-1.57%	-18.01%	9.27%	0.99%	-0.56%
High-yield bonds	11.90%	7.10%	0.50%	-12.50%	13.40%	2.90%	3.88%
Deposits	-0.52%	-0.59%	-0.69%	-0.15%	2.66%	3.17%	0.65%

Important note

Past performance does not guarantee future results. Any historical returns or default statistics may not reflect actual future performance. All investments involve risk and may result in significant losses. Read more in the Risk management section and take a look at our statistics below.

Funded projects

Sum of financed projects by months

By amount, EUR By number

Portfolio quality

Distribution of the portfolio by risk and late days

By amount, EUR By number

	A+	A	B	C	D	Total
Issued	€ 13,904,989	€ 15,743,939	€ 43,132,366	€ 20,322,536	€ 2,457,865	€ 95,561,695
Repaid	€ 13,417,478	€ 11,325,817	€ 30,508,019	€ 16,666,652	€ 2,018,815	€ 73,936,782
Active	€ 358,968	€ 4,265,262	€ 9,142,689	€ 2,805,804	€ 412,766	€ 16,985,490
1-30 days	€ 100,433	€ 47,400	€ 1,374,814	€ 201,522	€ 12,928	€ 1,737,097
31-60 days	€ 14,406	€ 0	€ 0	€ 275,224	€ 13,355	€ 302,985
61-90 days	€ 13,703	€ 0	€ 188,566	€ 21,232	€ 0	€ 223,501
91-180 days	€ 0	€ 0	€ 1,411,531	€ 271,271	€ 0	€ 1,682,802
181-360 days	€ 0	€ 0	€ 284,413	€ 60,313	€ 0	€ 344,726
Over 361 days	€ 0	€ 105,460	€ 222,335	€ 20,518	€ 0	€ 348,313

	A+	A	B	C	D	Total
Issued	525	99	307	258	33	1,222
Repaid	458	73	193	174	22	920
Active	49	24	84	61	9	227
1-30 days	13	1	16	10	1	41
31-60 days	3	0	0	3	1	7
61-90 days	2	0	2	1	0	5
91-180 days	0	0	6	5	0	11
181-360 days	0	0	3	2	0	5
Over 361 days	0	1	3	2	0	6

Last updated 29.04.2025

	A+	A	B	C	D	Total
Weighted average interest rate	8.55%	11.31%	12.16%	13.71%	15.60%	12.27%
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%

Last updated 25.02.2025

Loan loss rate calculations are based on the latest recovery estimates. Losses from written-off loans and provision expense for doubtful loans are summed and divided by the total loans issued. Loan write-off rate shows loans deemed unrecoverable divided by the total loans issued.

The regulatory Default Rate Disclosure Information is available here

Portfolio quality by vintage

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%

Investors

1737 Number of registered investors
11 Average number of investors per project
1,940 € Average investment per investor
12.27% Average
interest rate