The monthly report of the online lending industry belongs to the market data monitoring and analysis report of the Big Data Institute, which mainly monitors and analyzes domestic online lending platforms.
The data dimensions of this report include: problematic platforms, lenders, borrowers, turnover, outstanding balance, expected yield, product term, depository bank, etc. The highest frequency of data monitoring is weekly/weekly. At present, the highest frequency of data monitoring is weekly/times, and the regional dimensions of the release are national, Beijing, Shanghai, Guangdong and Shenzhen.
This report focuses on the changes in the national online lending industry and analyzes the current online lending situation based on the monitoring data.
Due to changes in the number of platforms monitored by the online lending database (such as new interface platforms), we backtrack on the historical data of the platforms, which will lead to a slight discrepancy between the data of the current monthly report and the data of the monthly report of the historical period, subject to the current monthly report.
The data of multiple indicators improved, and the two-eight effect of the online lending industry was obvious
The data of multiple indicators of the online lending industry in August 2018 improved compared with the previous month. The number of new problematic platforms decreased significantly compared with the previous month; although the turnover and outstanding balance were still declining this month, the sequential decline of both was significantly narrowed; in addition, the decline of lenders was also further narrowed. Overall view of this month's data compared to last month's significant improvement, the online lending industry shows some signs of optimism, in addition, online lending data show that funds have to the head of the platform inflow trend, the industry shows a clear two-eighths effect.
First, the new problem platform 104 compared to last month, a significant reduction of 63% ringgit
According to the key monitoring data of the net credit rating group, as of the end of August 2018, the normal operation of the national network lending platforms*** counted 1,190, the new platforms in this month, 0, the network lending industry*** 104 platforms have problems, including 66 difficulties in withdrawing money, running away platforms 16, the investigation intervened in 10, 10 benign withdrawal, 1 disputed, and 1 suspended operations.
This month, the number of new problem platforms is still higher than the average of 70 since 1 year, but compared to last month's 275 a sharp decrease of 63%, there are some signs of improvement, the reason may be the following aspects, first, with the obvious non-compliance of the platform is focused on elimination, the industry's own problems in the number of platforms sharply reduced; second is with the recovery of the confidence of the lenders, the platform liquidity pressure is lower than the last month, there is an easing of the pressure. last month has eased.
New problematic platforms per month
Types of problematic platforms in August
Second, the reduction in the number of lenders narrowed, and the decline in the industry's popularity improved
According to the key monitoring data of the online lending ratings group, the number of lenders and borrowers in the current period was 3,004,400 and 5,965,500, respectively, in August 2018, down 15.11 percent and 20.5 percent from the previous month, respectively. decreased by 15.11% and 20.86%. The number of lenders and borrowers still declined, but the decrease in the number of lenders narrowed. The recent frequent occurrence of overdue events has caused a certain degree of impact on investor confidence, this month, although the continuation of last month's downward trend, but with the improvement of the industry as a whole, the number of lenders and borrowers narrowed the rate of reduction.
Changes in the number of lenders and borrowers
Third, turnover, outstanding balance decreased sharply from the ringgit
According to the key monitoring data of the online loan rating group, the turnover of online lending platforms in August 2018 was 92.041 billion yuan, a decrease of 13.56% compared with the previous month from the ringgit, and the outstanding balance as of August 31, 2018, was 734.143 billion yuan, down 2.01% sequentially from the previous month. Although the volume and outstanding balance were still declining in the month, however, the YoY decline of both narrowed significantly.
Monthly Volume
According to the key monitoring data of the online lending rating group, the total outstanding balance of the top 20 platforms (the top 20 outstanding balances among all online lending platforms monitored) in August 2018 was 521.173 billion yuan, an increase of 10.60% from the previous month on a year-on-year basis, and the total volume of 63.393 billion yuan, a year-on-year increase of 9.44%.
Outstanding balance
Fourth, the weighted yield continued to rebound, and the average borrowing cycle was further lengthened
The data of online lending platforms focused on monitoring by the online lending rating group showed that the weighted yield of the platform in August 2018 was 10.36%, a slight rebound of 0.41 percentage points compared with the previous month on a year-on-year basis, and some platforms have increased their efforts on products in order to attract lenders and alleviate the short-term capital end of the outflow The problem of the product to increase efforts to raise interest rates, in addition, by the industry environment affects the industry's financial constraints, the yield of the new standard also appeared to be a certain rebound.
Yield trend
According to the net credit rating group focus on monitoring data shows that in August, the average borrowing period of online lending platforms issued by the standard 14.70 months, compared with the previous month increased by 0.60 months, borrowers and platforms are more inclined to medium- and long-term borrowing, the longer the borrowing period will be a relative recovery in yields, the growth of the average borrowing period in August is also a reason for the increase in weighted The increase in the average borrowing period in August is also a reason for the rise in weighted yields.
Borrowing period trend
Fifth, 56.73% of the problem platform without bank depository
According to the key monitoring data of the network loan rating group, the country *** there are 828 normal operation of the network loan platform on-line bank funds depository system, accounting for the monitoring range of the normal operation of the platform of 69.57%, at present there is no on-line depository bank in operation The platform still has about 362.
From the platform depository bank point of view, in August 2018, 59 platforms in the problem platform did not go online depository bank, accounting for 56.73% of the total number of problem platforms this month. There are 45 problem platforms online bank depository, of which Jiangxi Bank is the largest number of depository bank problem platforms. It is worth noting that in the 16 running platform only 3 platforms on-line bank depository, bank depository coverage rate of only 18.7%, lenders in the selection of platforms should be prioritized to choose the on-line depository bank platform.
Online depository bank platforms
Six, analysis and outlook
August 2018 a number of online lending indicators compared to the previous month showed significant improvement. With the continuation of industry clearing and rectification, the industry's two-eighths effect appeared, and the head platform appeared to have capital inflow due to resource advantages, etc. Overall, the whole industry showed certain signs of warming up. This month, "network lending information intermediaries compliance check list" 108 P2P regulatory rules were introduced to improve and supplement the policy system of the online lending industry, for investors as well as platforms, the online lending industry and other three levels play a positive role. It is expected that in the coming period of time, the probability that the industry data will continue to rebound is higher.