Minsheng electricity supplier P2P platform has finally come online

Zhang Wei by reporters from Beijing

Market focus on people's livelihood long live P2P platform has finally come online. Yesterday (July 14), "Daily Economic News" reporter learned from informed sources, Minsheng Electric's peer-to-peer P2P platform - Minsheng Yi Lo today formally launched, Minsheng e-commerce provider of Internet finance the pace of formally taken.

According to the insider, the biggest difference between Minsheng's easy-to-borrow platform and many current P2P platforms lies in two aspects: the platform does not provide guarantees for investors; at the same time, the financing requirements released by the platform are all expected to yield an annualized yield of 6% about.

Judging from the current P2P regulatory thinking, Minsheng easy platform does not provide investors with security is well understood. However, the expected annualized yield of about 6% of its financing demand is far from the interest rate of existing P2P platforms.

Draw lessons from bank risk control system

In April this year, China Banking Regulatory Commission held a press conference to require P2P network loans can not exceed the four borders: First, to clarify the intermediary nature of this platform; the second is to clear the platform itself can not provide security; third is not allowed to engage in capital pool funds Fourth, we must not illegally absorb public funds.

Judging from the current situation, regulators require that the platform itself can not provide guarantees mainly to reduce the risk of platform agglomeration, and did not propose not to allow third-party guarantee companies to provide guarantees. At present, there are a large number of P2P platforms and third-party security companies have a cooperative relationship.

Minsheng easy loans only as a financing platform for investors and investors of Internet information, not to provide investors with investment guarantees, and even third-party guarantee companies have no cooperation, then how to cover the risk?

According to the aforesaid insiders, the people's livelihood and easy loans are not willing to choose to cooperate with third-party guarantee company, mainly because the third-party guarantee company can only provide P2P platform for the company's capital 10 times the size of the guarantee

(P2P companies such as the registered capital of 100 million yuan, the guarantee company can only provide 1 billion yuan guarantee scale), and many guarantee companies a high cost of guarantee, usually in the 2% to 5%.

Many P2P companies later set up their own guarantee subsidiaries, to a certain extent, can reduce costs, but in fact still do their own security, in the event of principal and interest risks, are difficult to guarantee.Because of these factors, Minsheng Power Business decision not to provide investors with commitment to investment guarantees. "The aforementioned source said.

For risk control, the insider explained that people's livelihood easy loans through the bank-level risk control measures to conduct a rigorous review of financing projects require financing projects must have a good self-compensation capability, "the platform is mainly borrowed from the bank's wind control system , Strict control of investors. "

Prior to this, Ma Pingzhe, chairman of Ping An Insurance once said that Lu Jin will be "gradually withdraw the guarantee" to establish the risk of assets standards, with five-star, four-star, Samsung this way marked out for investors to judge and choose. For traders, similar credit standards will also be established.

According to the reporter, the people's livelihood and easy-credit entrusted the tripartite payment companies and banks to manage investors funds, without going through capital transactions, do not engage in capital pool, pool of assets, do not do the wrong period.

Electricity business has been bundled with finance

"Daily Economic News" reporter noted that the financing needs of people's livelihood loans issued in the expected annualized rate of return of about 6%, compared with other P2P platforms, much lower.

The insider explained that the platform project, just like bank-level reviews, should measure the flow of funds to the financiers rather than borrowing the mortgaged property. If the issue of the mortgaged products takes a long time, After the strict control of the more high-quality, the price can not be that high, is actually a reference bank financing, slightly higher.

Although people's livelihood easy to provide loans does not provide security, but requires all projects have guaranteed source of repayment, but also requires the financing side deposit, wealth management, financial assets on the platform to do the mortgage, pledge, and to the relevant bank investigation of the collateral to implement.

Minsheng Bank and the people's livelihood e-commerce does not have a direct stake, in the view of the above informed, Minsheng e-commerce and Minsheng Bank are fraternal units. However, it is worth noting that prior to this, Minsheng Bank's direct selling banks focused on selling wealth management products and plans to launch micro-loan products. Will this result in business cross-cutting?

"In fact, this matter livelihood electricity providers have also discussed, but more P2P platform and people's livelihood electricity supplier, direct bank is completely online banking operations, there will be no conflict." The aforementioned source said that from the current situation , Minsheng Electric Business has been e-commerce and financial tied together.