P2P fear into fight dad era

Legal Evening News (Reporter Liu Jingyi) P2P seems to be entering the "fight father" era. From Ping An Bank Lu Jin, China Merchants Bank's small business E home "e + stable financing project", and then to Minsheng e-commerce P2P platform Minsheng easy to loan, the Department of the Bank of P2P wind and water.

Reporters found that bank-based P2P is expected to benefit less than 10% of annualized earnings, and the entire industry a far cry from the average.

Department of P2P bank wind and water

The domestic banking industry have joined the P2P platform layout matrix.

Recently, Minsheng Electric formally intervened in the field of P2P online lending. Minsheng Loan, its P2P platform, officially operated on the 15th of this month. Following the launch of a bill financing service on the first day, it launched another four "wishful" products. The duration of these projects are both 119 days, with an expected annualized return of 5.7% to 6.0%.

In fact, bank trial network loan is not the first case. In September 2011, Shanghai Lujin, which was described as "born with a golden key" by the media, was funded by Ping An Bank with a total volume of 837 million yuan. It has become the largest P2P lending platform in China. After the peace, CDB Finance, a wholly-owned subsidiary of China Development Bank, and Jiangsu Jinnong Company jointly built Nanjing Kaixin Loan, adding another member of the "National Team" to P2P net loan industry. China Merchants Bank launched a P2P e-lending product called "e + Sound Financing Project", which is praised as the first P2P business of traditional commercial banks.

Right now, grab food to eat not only traditional financial institutions such as banks, A-share listed companies have also come to join in the fun. Recently, Hunan listed Panda fireworks, Founder Securities has come to get involved in the net loan news, Panda Fireworks's Internet financial platform, "Silver Lake Network" has been officially launched on July 1.

· Reporters observed that the bank's P2P revenue generally lower than 10%

The existing bank-based P2P platform is divided into three modes: one is the self-built P2P platform of the bank, such as the "Maxima" of the Small Business Enterprise E and Baoshang Bank of China Merchants Bank; the second is the independent P2P company invested by the subsidiaries to establish a new independent P2P company, Open the financial establishment of open Xin loan; third bank is set up independent P2P companies, such as Lu Jin Su monks in preparation for the Teng letter.

Despite the different forms of bank-based P2P, one common characteristic is that the yield is lower than the average in the P2P industry.

Reporter combing found that the expected annualized rate of return of bank-based P2P platform is generally below 10%, while the expected annualized return rate of other P2P platforms is about 18% on average, and even some up to 42%.

It is reported that, for the normal P2P platform, 18% is a police cord. Lynn Silver net president Lin Min said investors should first understand the platform and its founder's biographical information and business registration background, followed by the background of the project, the background of the borrower and the relevant information released by the platform audit, focusing on the analysis platform Do not over-believe the propaganda information of high interest rate and high return, and should carefully consider the annualized interest rate higher than 18% to avoid the potential risk.

Minsheng Easy Loan platform has released 5 projects expected annualized return of 5.7% to 6.0%; China Merchants Bank Small Business E-home P2P project yields generally below 6%, less than some small and medium banks over the same period earnings management products; package Commercial Bank "Pony Bank" project is relatively high, but its expected annualized rate of return is only 7.5%.

Although the income is not high, but the bank P2P platform was unexpectedly favorable, on-line projects are often spike, sold out in a few minutes. Industry analysts believe that investors may pay more attention to the "bank risk control, do not run" signs.

"Compared to most grassroots network loan platform, the biggest advantage of the bank is undoubtedly its risk control.Now the ongoing storm turmoil, of course, the bank's credit is more secure." The above-mentioned industry sources said that regardless of the amount of funds or brand influence, banks are P2P Industry "predators", will dominate the future trend of P2P industry. As more banks join in, they will also regulate the development of the P2P industry while aggravating the competition.