Proper rules for P2P lending in demand
Proper rules for P2P lending in demand 09:00 | 28/01/2021 Chinaâs elimination of the peer-to-peer (P2P) lending model is raising concern about the shifting of these companies to Vietnam, which has yet to implement an appropriate legal framework for it. P2P lenders may be more attractive in areas with fewer banks, but can charge extraordinary lending rates, Photo: Dung Minh The Peopleâs Bank of China (PBOC) has issued a notification relating to increasing the legal framework to control this model. In November, the PBOC decided to close more than 10,000...
Source: vir.com.vn