Analysis and Countermeasure Research on Financial Risks of P2P Network Lending Platforms

DOI

10.2991/icesem-17.2017.44How to use a DOI?

Keywords

internet financial; P2P network lending; platform; financial risk

Abstract

Along with the arrival of P2P lending platforms, the financing demand of small-scale lending subject has been satisfied and the prosperous development of medium and small-sized enterprises has also been facilitated. However, the financial strength of P2P borrowers is generally not strong and the platform is confronted with large financial risk. Thus, the economic benefit it brings is insignificant. In this paper, the financial risks of P2P lending platform will be deeply analyzed. Besides, related suggestions for corresponding financial risks will be also proposed. The financial risks of P2P platform including capital fund risk, liquidity risk, asset quality risk and profit risk will be obtained through analysis by combining with the characteristics of financial risk of commercial bank and financial risk of P2P platform itself. Some measures such as extracting enough loan loss provision, strengthening liquidity management, looking for high quality customers, making impairment test for creditor's rights and improving financial risk management system need to be adopted to cope with according to these financial platforms.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wei Wei
PY  - 2017/10
DA  - 2017/10
TI  - Analysis and Countermeasure Research on Financial Risks of P2P Network Lending Platforms
BT  - Proceedings of the 2017 International Conference on Education Science and Economic Management (ICESEM 2017)
PB  - Atlantis Press
SP  - 196
EP  - 199
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesem-17.2017.44
DO  - 10.2991/icesem-17.2017.44
ID  - Wei2017/10
ER  -