We witnessed no main modifications throughout June when it comes to repayments. We’re not seeing any main improve in purposes referring to the extension of loans and typically the exits and repayments are occurring in accordance with the unique plans.
The default charge stays steady at 5,1%. No new mortgage recoveries have occurred since our final portfolio report, nevertheless, repayments are anticipated in July referring to Finnish defaults and one default in Estonia.
We proceed to proactively cope with late loans in all international locations and goal to maintain buyers absolutely knowledgeable always. Our operations and investor relations groups have additionally reviewed the mortgage updates logic and we’re planning to extend the output and data to our buyers. This implies which you could count on extra detailed and frequent communication round late loans in future.
For additional perception into our operations, our independently audited Annual Report for 2021 is accessible to obtain.
We’ll maintain you knowledgeable in regards to the credit score portfolio high quality month-to-month.