COVID-19 pandemic risk and probability of loan default: evidence from marketplace lending market

Nigmonov, Asror; Shams, Syed

doi:10.1186/s40854-021-00300-x

Financial Innovation

Table 12 Breakdown of loans by loan originators in pre- and post-pandemic period

From: COVID-19 pandemic risk and probability of loan default: evidence from marketplace lending market

Country	Loan originator	Pre-pandemic		Post-pandemic
Country	Loan originator	N	%	N	%
Bulgaria	CashCredit	7861	1.46	3290	1.19
Bulgaria	Credissimo	6549	1.22	1850	0.67
Bulgaria	ITF Group	317	0.06	190	0.07
Bulgaria	Mogo	312	0.06	72	0.03
Bulgaria	StikCredit	4598	0.85	1800	0.65
Czech Republic	Creamfinance	1910	0.35	1120	0.41
Czech Republic	Creditstar	2350	0.44	766	0.28
Denmark	Creamfinance	2605	0.48	650	0.24
Denmark	Mozipo Group	4	0.00	–	–
Denmark	Simbo	30,563	5.67	8258	2.99
Estonia	Capitalia	2	0.00	2	0.00
Estonia	Creditstar	7247	1.35	2498	0.90
Estonia	ESTO	3559	0.66	2998	1.09
Estonia	Mogo	1254	0.23	218	0.08
Estonia	Placet	763	0.14	588	0.21
Finland	BB Finance Group	9469	1.76	1186	0.43
Finland	Creditstar	1645	0.31	659	0.24
Latvia	AgroCredit	31	0.01	9	0.00
Latvia	Banknote	62,704	11.64	47,736	17.28
Latvia	Bino	64,000	11.88	14,330	5.19
Latvia	Capitalia	333	0.06	135	0.05
Latvia	Creamfinance	889	0.17	896	0.32
Latvia	Hipocredit	12	0.00	7	0.00
Latvia	Mogo	298	0.06	84	0.03
Latvia	Mogo Renti	300	0.06	268	0.10
Latvia	VIZIA	1754	0.33	3428	1.24
Lithuania	Capitalia	104	0.02	12	0.00
Lithuania	Hipocredit	8	0.00	4	0.00
Lithuania	Mogo	605	0.11	199	0.07
Lithuania	Mozipo Group	2452	0.46	456	0.17
Lithuania	Placet	1544	0.29	572	0.21
Poland	Alfakredyt	3588	0.67	3816	1.38
Poland	Capital Service	7263	1.35	345	0.12
Poland	Creamfinance Poland	18,528	3.44	19,232	6.96
Poland	Creditstar	27,166	5.04	13,671	4.95
Poland	Dziesiatka Finanse	894	0.17	105	0.04
Poland	Everest Finanse	31,382	5.83	10,317	3.73
Poland	Kuki	95,755	17.78	42,463	15.37
Romania	Credius	1122	0.21	–	–
Romania	Mikro Kapital Romania	13	0.00	11	0.00
Romania	Mogo	304	0.06	16	0.01
Romania	Mozipo Group	716	0.13	252	0.09
Spain	Creamfinance Spain	14,232	2.64	6806	2.46
Spain	Creditstar	19,323	3.59	6915	2.50
Spain	Dineo Credito	24,989	4.64	21,243	7.69
Spain	ID Finance	62,523	11.61	52,924	19.16
United Kingdom	Evergreen	5493	1.02	175	0.06
United Kingdom	Novaloans	8897	1.65	3658	1.32
United Kingdom	Peachy	426	0.08	–	–
Total		538,656	100.00	276,230	100.00

Total values are in bold

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