Farmers Become Lenders

Longwan Rural Cooperative Bank,a bank of the farmers,by the farmers and for the farmers,was set up in

Impending Crisis for Mortgage Lenders?

As housing prices start to drop, industry observers are divided overwhether the country’s banks might face huge losses from badmortgage

从国开行看政策性银行转型

对于国开行来说,2008年和2015年是两个重要节点,两次改革使政策性银行这一特殊群体的转型之路更加完善。坚持政策性银行的办行方向,稳步推进开发性金融服务,建设和完善市场化运作机制,以改革创新引领业务发展的总体方向,可以让政策性银行在获得可持续发展能力的同时,更好地服务国家经济建设,

A predictive indicator using lender composition for loan evaluation in P2P lending

Most loan evaluation methods in peer-to-peer(P2P)lending mainly exploit the borrowers’credit information.However,the present study presents the maturity-based lender composition score,which exploits the investment capability of a group of lenders who fund the same loan,to enhance the P2P loan evaluation.More specifically,we extract lenders’profiles in terms of performance,risk,and experience by quantifying their investment history and develop our loan evaluation indicator by aggregating the profiles of lenders in the composition.To measure the ability of a lender for continuous improvement in P2P investment,we introduce lender maturity to capture this evolvement and incorporate it into the aggregation process.Our empirical study demonstrates that the maturity-based lender composition score can serve as an effective indicator for identifying loan quality and be included in other commonly used loan evaluation models for accuracy improvement.

ACTIVE-A Real Time Commit Protocol

Many existing real time commit protocols try to improve system performance by allowing a committing cohort to lend its data to an executing cohort, thus reducing data inaccessibility. They block the borrower from sending WORKDONE/PREPARED message and restrict them from lending data so that transaction abort chain is limited to one. Thus, transaction execution time increases. This paper proposes a modified real time commit protocol for distributed real time database systems (DRTDBS), Allow Commit Dependent and in Time borrowers for Incredible Value added data lending without extended abort chain (ACTIVE), where borrower cohorts are categorized as commit and abort dependent. Further, the commit dependent borrowers can lend data to executing cohorts with still limiting the transaction abort chain to one only and reducing the data inaccessibility. Also, an incoming executing cohort having borrowing factor greater than one can only borrow the dirty data items from lender. This minimizes the fruitless borrowing by the cohort. The performance of ACTIVE is compared with PROMPT, 2SC and SWIFT protocols for both main memory resident and disk resident databases with and without communication delay. Simulation results show that the proposed protocol improves the system performance up to 4% as transaction miss percentage.

BRICS Bank Could Change the World

THE New Development Bank（NDB）,popularly known as the＂BRICS bank,＂established by Brazil,Russia,India,China and South Africa,should open for business before the end of the year.The bank will be based in Shanghai,but its first chairman is India＇s Kundapur Vaman Kamath.The importance India attaches to this post is shown by Kamath being,prior to his appointment,chairman of ICICI Bank,India＇s largest private lender.

Readiness of financial resilience in start-ups

Financial resilience refers to a start-up's capacity to anticipate,plan for,respond to,and adapt to gradual change and abrupt unforeseen shocks to survive and thrive by enacting appropriate economic policies to decrease budget deficits.Economic history tells us that more companies fail to emerge from a downturn than go into or during it.Many studies have been done on financial resilience in many dimensions,but no one has studied start-ups’organizational readiness for financial resilience.This gap inspires the current research,which uses the Total Interpretive Structural Modelling(TISM)approach to identify financial resilience factors and analyze hierarchical interrelationships start-ups’organizational readiness factors for financial resilience.This article aims to identify,assess,and categorize start-up organizational preparation elements for financial resilience.The result shows that the first importance should be given to digital financial innovation,liquidity planning,going concern consideration,financial strategy of CFOs,and cyberthreats.Managers of start-ups can utilize the findings of this study to prepare for financial resilience professionally.In a fast-paced environment,start-ups may use financial resilience to gain a competitive edge.

A GROWING FAMILY

New development lender in Asia assists with regional infrastructure connectivityThe Asian Infrastructure Investment Bank（AIIB）announced on April 6 that it had admitted 13 new members,bringing its total approved membership to 70.The new AIIB members come from Asia,Africa,Europeand the Americas.

如何看待互联网金融对传统金融的影响

互联网金融是传统金融和互联网结合的新型金融模式,支付宝、余额宝、网络信用卡这些都是我们身边常见的互联网金融。新模式往往有着超强的颠覆力量,这或许也是还没准备好的传统力量不愿意看到的。去年,网络信用卡暂停,金融圈一致指向央行护犊银联。马云在发言中也坦言＂有时候,打败你的不是技术,可能只是一份文件＂。互联网金融孰是孰非。