P2P Network Lending, Loss Given Default and Credit Risks

Peer-to-peer (P2P) network lending is a new mode of internet finance that still holds credit risk as its main risk. According to the internal rating method of the New Basel Accord, in addition to the probability of default, loss given default is also one of the important indicators of evaluation cre...

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Bibliographic Details
Main Authors: Guangyou Zhou, Yijia Zhang, Sumei Luo
Format: Article
Language:English
Published: MDPI AG 2018-03-01
Series:Sustainability
Subjects:
LGD
Online Access:http://www.mdpi.com/2071-1050/10/4/1010