bad debts

Bad debts remain a challenge for banks in Q4 2022

20:25 | 25/09/2022 Finance

Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.

Banks bad debt tends to increase

10:21 | 14/08/2022 Finance

The financial statements of the second quarter and the first six months of 2022 from many banks have revealed not very positive developments in credit quality

Banks have difficulty in handling assets to ensure bad debt recovery

13:13 | 06/07/2022 Finance

VCN - 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 rights and interests of the parties in the bad debt settlement process.

Worried about potential bad debt in the future

12:09 | 31/05/2022 Finance

VCN - 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 when potential bad debts and bad debts from restructuring "explode" in the last mo

Bad debt has increased sharply, but the reserve buffer is "thin"

20:14 | 26/05/2022 Finance

At the end of the first quarter of 2022, banks recorded strong profit growth but the bad debt ratio tended to increase.

There are some risks in the banking sector

22:00 | 21/05/2022 Finance

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 unhealthy indicators

Bad debt is not a concern for the growth of banks

09:25 | 05/03/2022 Import-Export

VCN - 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 securities), said that growth in credit, retail expansion along with capital increases

Bad debt worries to ease thanks to high provision rate

08:55 | 21/02/2022 Import-Export

VCN - As shown by a survey in 2021, the ratio of bad debts to total loans of 12 out of 27 surveyed banks has increased. However, the leaders of banks said that they had increased the bad debt coverage ratio to a record level in order to ease concerns over

Directing cash flow to priority areas, preventing bad debts from increasing

10:09 | 12/01/2022 Import-Export

VCN - 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 business, while handling and preventing bad debts.

Banks boost sales of mortgaged real estate to recover bad debts

16:04 | 28/12/2021 Finance

Many banks have recently offered to sell mortgaged assets, mainly real estate, worth billions of Vietnamese đồng, to recover debts amid the recovery of the realty market.

Three big banks have great profits, but bad debts increase fast

17:42 | 05/11/2021 Finance

VCN - 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 remarkable.

Bad debts at some banks have skyrocketed

10:25 | 03/11/2021 Finance

VCN- In the third quarter, the devastating impacts of the 4th outbreak of COVID-19 on the whole economy has caused the bad debt of many banks to increase, especially at small and medium-sized banks.

Concerned about amending regulations on debt restructuring time

13:15 | 24/09/2021 Import-Export

VCN - From September 7, Circular 14/2021/TT-NHNN amending Circular 01/2020/TT-NHNN of the State Bank (SBV) takes effect.

"Upgrading regulations" into a law on bad debt handling

19:53 | 28/06/2021 Import-Export

VCN- According to Mr. Nguyen Quoc Hung, General Secretary of VNBA, Resolution No. 42/2017/QH14 on piloting bad debt settlement of credit institutions was promulgated by the National Assembly on June 21, 2017, effective from August 15, 2017.

MoF responds to settlement of collateral of bad debts

08:44 | 27/03/2021 Finance

VCN - Related to the settlement of bad debts and collateral of bad debts of credit institutions, foreign bank branches and bad debt purchasers/managers, the Ministry of Finance has issued a written response to Ben Tre's elector on this issue.