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Thursday, April 25, 2024

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Vietnam extends debt restructuring policy

HCMC - Vietnam's central bank has announced an extension of its debt restructuring policy, thus allowing commercial banks to maintain current debt classifications for...

Legal gap in handling bad debt

The progress in resolving bad debt could face a setback due to a significant legal loophole: the right to seize collateral from defaulting borrowers...

Spike in non-performing loans puts banks at risk

HCMC – Concerns are mounting as debts transition into doubtful debts and potentially bad debts at commercial banks. As of the end of the third...

The renewed fear of bad debt

Bad debt is rising again, prompting concerns among banks and authorities, after a long period of strong efforts being taken to control credit quality...

Banks see bad debt rising

HCMC – Tough business conditions, mostly in the real estate sector, led bad debt in the banking system soaring from 2% early this year...

Borrowing just to pay off debt

The State Bank of Vietnam (SBV) has issued Circular 06/2023/TT-NHNN allowing clients to borrow from one bank to pay debt owed to another bank....

Bad debt worries

The State Bank of Vietnam (SBV) has recently sounded the alarm over the escalating volume of bad debt within the real estate sector, substantiated...

Central bank raises alarm as real estate non-performing loans surge

HCMC – The rise in non-performing loans within the real estate sector has become a cause for alarm as the bad debt ratio escalated...

Banks see bad debt soaring

HCMC – Bad debt in Vietnam's banking system soared in the first half of this year and is expected to rise further in the coming months. The...

Flaws in bank restructuring found

HCMC – Flaws in the restructuring of banks in Vietnam have been exposed by a recent investigation conducted by the Government Inspectorate. The report highlights...

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