Intrum: solvency improved in the third quarter and then began to deteriorate again

By: Trademagazin editor Date: 2020. 11. 09. 11:25

The financial situation of households continued to stabilize at the beginning of the third quarter, but by the end of the period Intrum’s solvency ratio had fallen slightly again, the debt management company told MTI.

The average value of the Intrum Solvency Index (IFI) was 38.1 in the third quarter, which is significantly lower than the 52-point value measured in the same period of last year, but an improvement on the 37.1-point value measured at the end of the second quarter, especially at the April peak of the pandemic when 18.9 points was measured.

From the end of July, however, the solvency of the population fell again, standing at 35.8 points by the end of September.