The settlement of disputes related to security assets of bad debts at banks is still limited, not accepted or resolved according to simplified procedures, affecting the...
According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market...
By the end of the first quarter of 2022, the bad debt ratio at many banks has tended to increase, while many forecasts have raised concerns that this problem will...
A report submitted to the National Assembly for extending the application period for Resolution 42/2017/QH14 on bad debts settlement by credit institutions (CIs) states...
By the end of the first quarter of 2022, the bad debt ratio at many banks tends to increase, while many forecasts have raised concerns that this problem will increase...
Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates.
Prof. Dr. Pham Hong Chuong (pictured), Rector of National Economics University, said that risks in the commercial banking system are more obvious when there are many...
Although the results of bad debt settlement, according to Resolution No.42/2017/QH14 dated June 21, 2017, of the National Assembly on piloting bad debt settlement of...
Talking to Customs News, Mr. Dang Tran Phuc, Chairman of the Board of Directors of AzFin Vietnam Joint Stock Company (an organization specializing in finance and...
The worrisome situation of rising bad debts during the ongoing Covid-19 pandemic has affected several key industries.
Experts said a law on bad debt settlement should be put in place before two regulations expire in six months.
In 2022, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said that the main focus of monetary policy is directing capital flows into production and...
Despite the negative impacts of the Covid-19 pandemic, the credit of the country economy in 2021 witnessed an increase of 13 percent compared to last year. The bad news...
Many banks have recently offered to sell mortgaged assets, mainly real estate, worth billions of VND, to recover debts amid the recovery of the realty market.
9M21 average annualized credit cost and write-off rate were higher than the levels seen in 1H21. However, the average non-performing loan (NPL) ratio rose while the...
There is a clear indication that bad debts are now increasing rapidly. This will lead commercial banks to face tremendous pressure as Resolution 42/2017/QH14 on bad debt...
According to a report by the Asset Management Company of Credit Institutions (VAMC), the Covid-19 pandemic not only negatively affected the business results of the...
In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry...
The growth rates of the three big banks, namely Vietcombank, VietinBank, and BIDV, are still positive, but the bad debt performance of Vietcombank and VietinBank is...
Banking stocks are currently not receiving the perceived response, despite the great expectation of investors. One needs to analyse the many reasons for the group of...
The State Bank of Vietnam (SBV) has proposed to issue a separate law on bad debt settlement.
The State Bank of Vietnam (SBV) has officially proposed a Law on Handling Bad Debts of Credit Institutions (CIs), when the Covid-19 pandemic may increase bad debts and...
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