New law expected to boost financial leasing
The law, which will take effect from July 1 this year, allows financial leasing companies to establish subsidiaries to handle and exploit bad debt assets. It also...
The law, which will take effect from July 1 this year, allows financial leasing companies to establish subsidiaries to handle and exploit bad debt assets. It also...
The Law on Credit Institutions (amended) has tightened the maximum ownership ratio and lending ratio to limit the influence of shareholder groups as well as minimize...
A new regulation on reducing the loan limit under the amended Law on Credit Institutions will adversely affect capital supply for enterprises so commercial banks...
The regulation under the amended Law on Credit Institutions was recently passed by the National Assembly and will take effect from July this year.
The settlement of bad debts will face many difficulties this year as there are no legal regulations related to repossessing collateral assets, industry insiders said.
The draft revised Law on Credit Institutions regulates the application of early intervention to credit institutions which fail to maintain the solvency ratio after...