PBoC’s 2013 annual report shows that foreign banks in China showed steady growth and even outpaced GDP growth in terms of new deposits, but still lag their domestic competitiors.
According to Wangdaizhijia, a resouce on the P2P industry in China, there are 148 P2P platforms in total closing, already closed or facing difficulties in redemptions.
The latest 2014 China Online Lending Industry Report reveals that China’s P2P lending platform industry has grown rapidly both in terms of number of providers and turnover.
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Established in 2007, Atlas Technologies Singapore, an Atlas Technologies Group Company, is a leading consulting and market research firm specializing in fintech, banking, payments, and capital markets. Our services aim to equip clients across the region with the necessary insights to capitalize on their most valuable opportunities and maintain a competitive edge in the market.