Trends driving alternative lending in Southeast Asia in 2019

Analysts at Robocash Group have defined trends around alternative lending in Southeast Asia in the current year. One of the most significant indicators of the trend is the attention to alternative lending in SEA from local non-financial companies. At the same time, partially facilitated by the sharp tightening of the regulation of P2P lending in China, an increase in the number of players has made governments in Southeast Asia pay closer attention to alternative lending. For example, in early October 2019, the Investment Alert Task Force reported about 133 illegal P2P lending companies in Indonesia. Until August 2019, 60% of all P2P lending borrowers were recorded from the SME sector.

Read Full Article Here

If You Like This Story, Support NYOOOZ



Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.

Related Articles