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Thursday, September 28, 2023

Concerns over bad debt

By Trieu Minh

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Although the debt restructuring policy of the State Bank of Vietnam (SBV) has been implemented since April, many banks continued to see bad debt increasing in the second quarter, putting the banking industry and the economy at risk. A big concern is when bad debt will peak out. Debt restructuring and bad debt At a conference held last month to review the performance of the banking system in the first half of the year, the SBV reported that since Circular 02/2023/TT-NHNN took effect on April 24 till the end of […]
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