bad debt risks make banks switch focus

Bad debt risks make banks switch focus

Vietnamese banks are increasingly shifting their focus from retail lending to corporate clients, driven by concerns over rising bad debts in the retail segment and heightened risk perceptions.
addressing legal gaps for resolving non performing loans

Addressing legal gaps for resolving non-performing loans

Legal obstacles and inconsistencies prolonging the debt resolution process, lack of specific guidance on the entrusted handling of secured assets, and the low legal compliance of judgment debtors are the main factors affecting the recovery of non-performing loans and the clearance of credit flows by banks.
bad debts remained a challenge for banks in h1

Bad debts remained a challenge for banks in H1

Banks' non-performing loans continued to grow in the first half of this year, with some banks even witnessing double-digit growth, whereas their loan loss reserve ratio trended downwards.
rosier prospects for bank tickers in h2

Rosier prospects for bank tickers in H2

The prospects of a credit rebound, easing bad debt threats, and better net interest margins should help banks to maintain profit growth this year.
assessment of non performing loans so far in 2024

Assessment of non-performing loans so far in 2024

The non-performing loan (NPL) ratio reached nearly 5 per cent at the end of May. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with VIR’s Hong Dung the assessment of NPLs in the first half of 2024.
thai banks introduce measures to cope with bad debts

Thai banks introduce measures to cope with bad debts

Thailand’s major financial institutions are preparing for a difficult second half of 2024, as a struggling economy and high household debt force banks to take a more conservative approach to lending.
regulations on bad debt trading settlement revised

Regulations on bad debt trading, settlement revised

The State Bank of Vietnam (SBV) has issued Circular 03/2024/TT-NHNN on bad debt trading and settlement of the Vietnam Asset Management Company (VAMC) to make the work more effective.
commercial banks credit growth picture in q1 through expert lens

Commercial banks' credit growth picture in Q1 through expert lens

Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with Hong Dung on the credit landscape in the first quarter of this year, its impacts on banking stocks' performance, and how some banks have tackled current challenges to achieve better growth.
lenders increase provisioning to protect against bad debt

Lenders increase provisioning to protect against bad debt

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has revealed that the central bank has greenlit a six-month extension of the debt rescheduling policy according to Circular No.02/2023/TT-NHNN.
banks predict increased profits in 2024

Banks predict increased profits in 2024

With the low-interest rate environment and resumed credit growth, banks are expecting a rosier profit picture this year compared to 2023.
banks saw profit spike in q4

Banks saw profit spike in Q4

Several banks saw a significant improvement in the fourth quarter (Q4) last year, leveraging credit growth and improved efficiencies to tackle bad debts.
banks containing threats of bad debt

Banks containing threats of bad debt

The credit quality of BaoViet Bank has receded as the bank’s non-performing loans (NPL) climbed to almost $70 million by the end of 2023, showing a near 50 per cent jump compared to the start of the year.
bank bad debts forecast to remain under great pressure in 2024

Bank bad debts forecast to remain under great pressure in 2024

Though the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as bad debts are rising.
banks increasing provision costs

Banks increasing provision costs

Due to lower lending interest rates, slow credit growth and rising bad debts, commercial banks have increased their provision costs.
rising bad debt putting brakes on lending by financial firms

Rising bad debt putting brakes on lending by financial firms

The country is grappling with soaring bad debt and a surge in black credit, straining legitimate consumer finance firms and impacting vulnerable communities.