Asset quality of P2P players remain intact


DESPITE the onslaught of the Covid-19 pandemic, some peer-to-peer (P2P) lending platforms have been able to ensure their asset quality remains sound.

Major players such as Funding Societies Malaysia and Fundaztic tell StarBizWeek their risk management strategies have proved effective in helping to keep the default rates of their funds stable at a time when so many businesses are struggling.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

asset , quality , P2P , players , intact , Kelvin Foo , risk management , rates ,

   

Next In Business News

S P Setia appoints Annuar Marzuki Abdul Aziz as CFO
CelcomDigi formalises Idham Nawawi, Albern Murty as CEO, deputy CEO
EP Manufacturing appoints Lim Sim Yee as acting CEO
External factors continue to lift ringgit higher
Malaysia's digital assets market regulated to protect investors: SC
Mohamed Ridza Mohamed Abdulla retires from BIMB Group
China's EVE Energy to build US$422.3mil cylindrical battery plant in Malaysia
Ranhill Utilities unit bags RM50mil contract from MMHE
Sime Darby Plantation to sell Klang land for RM618mil
AMMB Holdings, QL Resources join KLCI constituents

Others Also Read