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P2P lending in South Korea spurs rush for regulation

Tuesday, July 26, 2016 - 05:50


SOUTH Korean investors beset by Asia's third-lowest benchmark yields are embracing peer-to-peer (P2P) loans that offer average rates of about 9 per cent and not a lot of information about where the money winds up.

The nascent online P2P lending market more than doubled to 72.

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