Bad debt ratio of banking system surges to 3.56 per cent
Some bank leaders believe the bad debt ratio will peak in the third quarter of this year and start to gradually decrease from the beginning of the next year.
Some bank leaders believe the bad debt ratio will peak in the third quarter of this year and start to gradually decrease from the beginning of the next year.
The financial statements of the first 6 months of 2023 of banks are gradually being "revealed", in which, the picture of bad debt is still covered in gray.
The risk of bad debt is warned to continue to increase, so banks recommend more legal corridors to effectively handle bad debts. At the same time, they promote the...
The Vietnam Banks Association (VNBA) has suggested the Government submit a request to the National Assembly for a resolution to support firms and people to overcome...
Without regulations allowing them to seize collateral under Resolution 42, banks may be afraid to grant credit, affecting the ability to access loans of firms and...
The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing...
According to data from the State Bank of Vietnam (SBV), the bad debt ratio on the balance sheet of the whole system by the end of February 2023 has reached 2.91%,...
If the Bad Debt Settlement Law is not released on time, it will have a detrimental influence on the pace and efficacy of bad debt settlement, as well as extend the...
Even as the biggest real estate businesses struggle with debts and bankruptcy, banks continue to stay afloat and tackle the bad debt situation over a period of time....
Concerns remain concerning the legitimacy of Resolution 42/2017/QH14 in dealing with problematic debts in the Draft Law on Credit Institutions (amended).
At the end of 2022, survey results showed that 13 of 27 banks had an increase in bad debt ratio, but by the first quarter of 2023 this number was "bigger" when it...
Having hold of a large amount of bad debts mortgaged by real estate, Vietnam’s four biggest State-owned banks are urgently recovering the debts, but the work remains...
Financial leverage of real estate businesses has increased by 9.5 times, causing a sharp decrease in debt repayment capacity.
Many domestic enterprises are facing the situation of not being able to repay bank loans despite being supported with restructuring. This leads to the risk of switching...
Though Việt Nam's banking industry expects to have many development opportunities in 2023, problems with liquidity, interest rates and bad debts are putting great...
Bad debt risk is inherent in corporate bond investments when the issuer is partially or entirely bankrupt.
Amid rising non-performing loans (NPLs), many banks have strongly increased their loan-loss reserve (LLR) funds to readily face uncertainties in the future.
Bad debts always come hand in hand with business activities of all commercial banks.
Commercial banks have been facing difficulties in recovering bad debts as they were unable to find buyers for high-value collateral despite big discounts.
Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.
The financial statements of the second quarter and the first six months of 2022 from many banks have revealed not very positive developments in credit quality when...
The recent financial statements of commercial banks for the second quarter show that the total amount of bad debts increased by about 17.5% compared to the beginning of...