According to several media reports, the Guangdong branch of China Construction Bank has officially launched its online fund management product "Long Depositary Management" and will hold a press conference in Guangzhou on May 5. Up to now the bank has reached cooperation intention with a number of platforms. Obviously, fund deposit and management has become the standard allocation of online lending platforms. China Construction Bank's joining the army of P2P fund deposit and management is a great benefit to the entire online lending industry, which may usher in a new situation.
China Construction Bank to join the "natural"
As early as two months ago, it was rumored that the Guangdong branch of China Construction Bank intends to join the P2P depositary army, and this news has been confirmed recently. According to an internal release of the Guangdong Branch of China Construction Bank about the "Transaction E Depository award collection activity", "Transaction E Depository" is actually an Internet online fund depository system built by the bank on the basis of the custody business model. In this system, the bank acts as a third party for the depository of investor funds, realizing the effective separation of investor funds and Internet company funds, and more effectively protecting investors' rights and interests.
Previously, Ping An Bank has announced a high-profile move into bank depository management, this time China Construction Bank to join can be said to be "natural". On the one hand, some urban commercial banks have already been connected to the bank depositary management, and the system has entered the online stage. The joining of Ping An Bank also undoubtedly gives the confidence of China Construction Bank. On the other hand, compliance reform has entered a new stage. Many platforms have already corrected their internal non-compliance matters. At this time, China Construction Bank has launched the depository management system, which is "right" for both parties. China Construction Bank can effectively select cooperation according to the compliance rectification degree of the platform, and there are more references for the platform to select depository banks.
Dozens of banks have already joined
In Ping An Bank online deposit, there are a lot of net loan personnel think that Ping An bank "sincerity is insufficient". The main reason is the near-exacting entry criteria. If the actual controlling shareholders are the government, large state-owned enterprises, listed companies on main board or small and medium-sized board, financial institutions with professional business licenses (approved by the China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission and the Ministry of People's Insurance); The business has been officially launched for more than one year, and the average monthly turnover is not less than 100 million yuan, without adverse events; The business of depositing funds with Ping An Bank shall not be overstated, excessive or over-advertised.
Obviously for the platform, such access standards are difficult to achieve. Therefore, online lending platforms are more inclined to sign contracts with banks with lower entry thresholds. According to relevant statistics, although the number of city business signing platform is not large, but the platform is more inclined to sign city business. The specific reason is that city commercial banks have relatively low requirements for the platform, without complex terms, and some banks even only need "legal compliance". Therefore, city business houses become the main force of capital management.
According to incomplete statistics of net loan home, as of the beginning of April this year, there have been 36 urban commercial banks such as Guangdong Huaxing Bank, Jiangxi Bank, Huishang Bank and Zheshang Bank layout P2P network loan platform fund direct deposit and management business. As of April 26, Jiangxi Bank had signed agreements with more than 120 platforms, and more than 60 of them were officially online, according to a spokesman for the bank. Guangdong Huaxing Bank has also signed contracts with more than 80 platforms.
Bank deposit into the industry standard allocation
According to the statistics of Netloan Home, as of the beginning of April, 281 normal operating platforms have announced to sign direct depository agreements with banks (including platforms that have completed the connection and launch of the fund depository system), accounting for 12.32% of the total number of normal operating platforms in the P2P lending industry in the same period, among which 158 normal operating platforms have completed the connection and launch of the direct depository system with banks. It accounts for 6.93% of the total number of normal operating platforms in the P2P lending industry.
While 12.32 percent isn't too high, it's a welcome improvement from less than 1 percent at the end of February. Many unsigned platforms are also making steady progress. The proportion is expected to reach more than 90% by the first anniversary of compliance rectification in August.
In this regard, the researcher of YunQianbagan said: at the end of March this year, Yunqianbagan has reached an agreement with the Bank of Xi 'an on the deposit and management of funds, and the system is now progressing steadily. And the recent addition of the Construction Bank, also means that the state-owned bank officially access the network loan industry funds deposit management. We have reason to believe that with the passage of time, more high-quality resources will be injected into the online loan industry, promoting the industry to a better direction.
