Tuesday, April 18, 2017

Shinhan Bank Korea Finance Association, P2P, "digital platform" to build Convention



[Sinyuncheol financial newspaper reporter Korea - Shinhan Bank, said on the 18th that they have entered into an agreement for a "P2P lending digital platform to build trust and Finance Association of Korea P2P manner.

Shinhan Bank is expected to provide a digital platform that allows you to protect the customer's investment for the growing P2P lending Through this business agreement will dramatically recently.

Financial Services in P2P lending, representing a pin-tech has rapidly grown it into one based on 335.7 billion won this year from 23.5 billion won based on the loan balance in December 2015. But P2P finance the deposit or 'P2P loans to the trust funds received from the P2P finance investors in the FSS in February because the device is not equipped properly to protect the fund in case of bankruptcy investor to separate the company assets, such as bank It made the guidelines.

Shinhan Bank will provide funds management platform of Trust approach to P2P finance companies along the "P2P lending guidelines, the Financial Supervisory Service. Trust assets are separate and unique property can be protected by sintakbeop enforcement, auctions, secure investments from enforcement of third creditors have been unable to fund even the injunctive etc. If the P2P financial institutions go bankrupt. As well as by monitoring the sources and flow of investments, including capital investment funds through the digital platform of Shinhan Bank was able to manage investment funds transparently from investment funds embezzlement, fraud, etc.

Work progressed on this day ceremony in Korea P2P Finance Association yiseunghaeng represent more than 80 officials and 40 members attending were hot interest in the trust fund management platform manner Shinhan Bank development.

Shinhan Bank said, "The investment funds management platform for P2P finance company is part of the warm financial practices for the protection of investors," said, "With this agreement I hope dwaeteumyeon an opportunity to increase stability in recent P2P finance investments in rapidly growing "he said.



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