30 C
Ho Chi Minh City
Wednesday, June 19, 2024

spot_img

TAG

bad debts

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...

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...

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....

Challenges for banks ahead

Many banks might have recorded positive profit growth in 2022. But challenges are awaiting them this year given negative factors such as high interest...

Bad debt skyrockets at banks

The banking system is facing a decline in asset quality as bad debt has ballooned since Circular 14/2021/TT-NHNN expired. However, they can overcome the...

Extending bad debt settlement scheme can minimize potential risks

HANOI - The extension and improvement of several regulations on bad debt settlement in Resolution 42/2017 will help credit institutions handle potential bad debts...

Firms with bad debts can access zero-interest loans for salary payments

HCMC – Firms incurring bad debts can now get zero-interest loans from the loan package of VND7.5 trillion aimed at supporting Covid-19-affected employers with...

Latest news

spot_img