Net loan industry continues to be cold: depository banks were further reduced yields fell to nearly a year low
In addition to the "subtraction" of bank depository management, according to the institutional statistics, in September, the net loan industry continued to maintain a "three drop" trend in terms of volume, loan balance and number of platforms. Various signs also reflect the continuing development of the net loan industry. Wen Jie Meng Fanxia Song Yitong Source: Beijing business daily Commercial banks are stepping up efforts to reduce net loan funds. In October 8th, it was reported that cooperation between Xiamen bank and Jingdong Xuhang (Xiamen) network lending information intermediary service Co., Ltd. (hereinafter referred to as "Jingdong Xu hang") has been terminated. Before the press release of the Beijing Commercial Daily, the two parties did not disclose the matter, but reporters learned from the official customer service office of Xiamen bank that as early as September 30th, the bank terminated its cooperation with Jingdong. In addition to the "subtraction" of bank depository management, according to the institutional statistics, in September, the net loan industry continued to maintain a "three drop" trend in terms of volume, loan balance and number of platforms. Various signs also reflect the continuing development of the net loan industry.
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Bank net loan deposit management business shrink again reduce In the context of repeated delays in the net loan industry, the idea of "retreat" has not been reduced. In October 8th, it was reported that the cooperation between Xiamen bank and Jingdong Xuhang's custody management service has been terminated. The information from the sky eye shows that the Jingdong was founded in September 27, 2017. The legal representative is Zhang, with a registered capital of 50 million yuan. The sole shareholder is Daxin Jun and network Technology Co., Ltd. (hereinafter referred to as "Daxin Jun and") in Tianjin. According to the equity penetration chart, Daxin Jun and its wholly-owned majority shareholders are Jingdong Digital Technology Holdings Limited. As of press release, Xiamen bank and Jingdong Xuhang official did not disclose the matter, Beijing Commercial Daily reporter tried to interview Xiamen bank official, but as of press time did not receive a reply. However, as a lender, the reporter learned from the official customer service office of Xiamen bank that as early as September 30th, the bank had concluded cooperation with Jingdong's Asahi airlines. The Bank of Xiamen was the first person to eat crab. In September 20, 2018, Xiamen bank, through the statement of fund management system evaluation, became one of the first 25 depository banks that were evaluated by the China Internet Finance Association. At the early stage of the on-line operation, the number of network loan platforms that Xiamen Bank butted was as high as 30. But the Beijing Commercial Daily reporter noted that at present, the China Internet Finance Association's "National Internet Financial Registration disclosure service platform" has not been able to query specific information about the bank's related deposit management business. This year, the Bank of Xiamen has officially announced and Hao Kang Jin clothing, Yu business, finance, short finance network, Chinese finance, tengbang venture capital, law Jin Jinrong, snowball financial management, micro loan network, sack wealth, Silver Lake network 10 platforms to stop the network loan fund depository business. From the point of view of the cessation of custody business, apart from the micro loan network and sacks and fortune two platforms, the rest of the platforms are terminated because of the suspension of the migration management service bank. In fact, in addition to Xiamen bank, Shanghai bank, Beijing bank, Guangdong Huaxing bank, Zhejiang Commercial Bank, Xin'an bank, Shangrao bank and many other banks are also reducing the net loan fund depository business. Wang Shiqiang bank, a senior researcher at the sack Research Institute, said that the reduction in the number of platforms resulted in the loss of some capital and information management businesses. In addition, the credit losses caused by the explosion of P2P net loan platform caused some commercial banks to withdraw from the P2P network loan fund depository business. In addition, a number of storage management business docking platforms, inadequate staffing and poor quality of service have also led to the replacement of some head net loan platforms for depository banks.
Yields fell to nearly a year low Behind the breakup of the bank and the net loan platform, it also reflects that banks are not optimistic about this business and the cold development of the industry. According to the latest monitoring data of the net loan home research center, in September, the net loan industry continued to maintain a "three drop" trend in terms of volume, loan balance and number of platforms. Specifically, the volume of net loan industry in September was 69 billion 742 million yuan, a decrease of 8 billion 304 million yuan compared with last month, a decrease of 10.64%. The total loan balance of the normal operation platform is 609 billion 948 million yuan, a decrease of 5.12%, a decrease of 32 billion 931 million yuan, up 28.55% from the end of September 2018. In addition, as of the end of September, the number of normal operation platforms in the net loan industry continued to show downward trend, down to 646, compared with 9 at the end of August. In terms of yield, monitoring data show that in September, the net loan industry consolidated return rate was 9.67%, falling to the lowest level in nearly a year, a decrease of 16 basis points (1 basis points =0.01%), a decrease of 63 basis points compared with the same period last year. Net loan home research center said that the decline in the overall rate of return was mainly related to the scale of the transaction, and the change in the balance between supply and demand caused the platform to cut interest rates. From the change of the net loan yield in various provinces and cities in September, the comprehensive return rate of 15 provinces and cities has declined in the 31 provinces and cities, and the three provinces with a larger decline are Tianjin, Inner Mongolia and Guizhou. Sichuan and Gansu, Fujian and Liaoning are the biggest cities with higher overall returns. Looking at the number of active borrowers and active borrowers reflecting the activity of borrowing, the number of active lending and active borrowings in the P2P lending industry in September was 1 million 700 thousand and 600 and 1 million 890 thousand and 400 respectively, of which the number of active loans decreased by 8.15%, or 150 thousand and 800. The number of active borrowers decreased by 12.25%, a decrease of about 264 thousand. Chen Xiaojun, an industry researcher of net loan home, told the Beijing Commercial Daily reporter that the yield of the net loan industry will gradually decrease in the future. The main reason is that the platform has fallen sharply in the context of "three drops", resulting in a substantial decline in the number of issued bills, resulting in the supply of funds larger than demand, and the industry yield continued to decline.
Challenges in transition lending After several years of brutal growth, the Internet financial industry has exposed many problems. The "Internet finance" that once enjoyed the scenery is being taken away by the "financial technology". Recently, the central bank's "FinTech" development plan (2019-2021 years) has attracted the attention of another industry principal lending agency. Although the plan does not specify the details of the loan assistance business, it is difficult for analysts to make a simple separation of loan and financial technology output. This is a new opportunity for both financial technology companies that are purely technology and Internet Financial platforms that are being restructured. Can the loan assistance business become a lifeline for the transformation of the net loan platform? Chen Xiaojun said that if the net loan business can not continue, loan assistance is undoubtedly a more reasonable way of transformation, but the loan business is more demanding for assets because of capital docking institutions, and it is still a big challenge for platform development loan business. In Wang Shiqiang's view, the loan assistance business has become the main source of income for mutual funds, but it is limited to the head to gold platform. For small and medium-sized mutual platforms, especially those with no background support from shareholders, banks and other licensed institutions are more cautious, and the loan assistance business is difficult to carry out. In addition, whether it can become a life-saving straw is also related to regulatory policies, such as the recent clean-up and consolidation of big data companies. Finally, the regulation did not show whether the attitude was encouraging or did not introduce relevant policies to support the loan business. Therefore, various factors led to the uncertainty of the format development. Statement: Article does not constitute throw Please print out the proposal. place
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