Research On The Default Risk Control Of P2P Network Lending Platform In China

P2P network lending platform as a new representative of Internet banking,to a large extent,eases the financing difficulties of small and medium enterprises,and injects new impetus into the development of our country's economy.As China's P2 P lending is still in the exploration stage,the default risk control mechanism is not perfect,and now the CPD mode(Control the Probability of Default),CRE mode(Control the Risk Exposure),CLGD mode(Control the Loss Given Default)and integrated risk control mode which collocates above three kinds of models are applied.In the specific analysis,the thesis first discusses causes of default risk in the borrowing process and the theoretical basis of controlling default risk,and defines the concept of net loan platform default risk and draws forth the source of net loan platform default risk according to credit risk loss formula in New Basel Capital Accord.The default rate factor will be divided into two aspects including the credit rating of P2 P platform and credit information sharing of P2 P platform.These two aspects are important for the platform to obtain the information of the borrower and reduce the default rate of the borrower;CRE mode mainly refers to controlling the risk exposure according to the risk reserve system.At the same time,default loss rate also will be divided into two aspects including the loan mortgage(pledge)and third party guarantee,and carry out in-depth discussion for these two aspects.On text structure,the third to the sixth chapter is the main part,and this part discusses the status quo,problems and countermeasures of domestic P2 P net loan platform default risk control,and takes Youli net for the case analysis.And the seventh chapter summarizes the contents of the first six chapters,drawing a conclusion,and puts forward some summary suggestions to control the default risk of P2 P net loan platform in china.The innovation of this paper lies in:(1)the research object is not the risk on the P2 P platform's business level or the regulatory level,but on the platform's system design level,through the control of the default rate,the default exposure,the default loss rate,to prevent the borrower's default risk fundamentally.(2)the content of the article has practical significance,the existing mechanism or system of the P2 P industry has been summarized and deepened,and on this basis,it puts forward more detailed solutions and suggestions,which can solve many problems in the proce4010 ss of P2 P platform's default risk control mode design.