Bank abs is asset-backed securities. Bonds or bills issued by banks, credit card companies or other credit providers according to loan agreements or accounts receivable. Mainly banks and other institutions use housing mortgage loans to form an aggregate.

A core competitiveness of consumer finance is the capital cost of borrowing. Because it can't absorb public deposits, various consumer financial institutions are trying to find low-cost sources of funds, and ABS is one of them.

The loan groups that consume financial services are basically groups that commercial banks are unwilling to serve. Most of these people have no personal credit records in the central bank, and the bad debt rate is significantly higher than the industry average. ABS based on this crowdfunding loan is more likely to default than other asset classes.