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P2P lending in South Korea spurs rush for regulation
Published Mon, Jul 25, 2016 · 09:50 PM
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Seoul
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 72.4 billion won (S$86.5 milli…
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