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Search Results: 253 results for keyword "bad debt".
State Bank asks for extension to bad debt programme
25-05-2022 10:39
The Government has asked for an extension to a pilot programme designed to handle bad debt from domestic financial institutions during a meeting with the National Assembly yesterday in Hanoi.
SBV warns about increasing bad debts, cross-ownership, and risks of BOT projects
24-05-2022 08:00
The State Bank of Vietnam (SBV) earlier this week reported on the evaluation of the execution of Resolution No.42/2017/QH14 on piloting bad debt settlement of credit organisations at the 15th National Assembly session.
Banks under pressure despite positive credit recovery
23-05-2022 18:14
Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates.
HSBC profits slide as Ukraine war worsens inflation
27-04-2022 11:22
HSBC profits slid in the first quarter, the Asia-focused bank announced Tuesday after it was hit by bad debts as Russia's invasion of Ukraine sent inflation rocketing further.
Provision kinks leading to further study of bad debts
20-04-2022 08:00
New legislation governing Vietnamese credit institutions’ soured loans settlement would be studied after the fresh approval of bad debt settlement extension as pandemic-induced repercussions still impair banks’ financial soundness.
Gov’t approves extension on bad debt settlement scheme
30-03-2022 10:44
The Government has agreed to a proposal by the State Bank of Vietnam (SBV) to extend the pilot bad debt settlement of credit institutions based on Resolution 42/2017/QH14.
Resolution upgrade sought to craft transparent debt market
30-11-2021 12:09
Five years of banking reform are at risk of being wiped away if the bad debt ratio rises again, requiring new legislation for debt settlement with judicious changes to the present framework. Nevertheless, the detrimental influence of the pandemic is not predicted to significantly lower banks’ profit adjustment, credit growth, or net interest margin.
Hard limit for credit institutions buying corporate bonds
21-11-2021 05:44
Credit institutions with a bad debt ratio of more than 3 per cent are forbidden to buy corporate bonds, according to the latest announcement from the State Bank of Vietnam.
Banks raise provisions in anticipation of bad debt
10-11-2021 21:41
In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.
Debt trading interest creates call for new framework
29-10-2021 08:00
New legislation is needed to secure the future of debt trading – and with prudent tweaks to the current regime, Vietnam could open up the market for retail trading on its newest platform, bringing together banks and investors.
HDBank on track to hit 2021 targets
25-10-2021 16:44
HDBank has announced preliminary business results for the first nine months of 2021 with positive growth, standalone bad debt ratio at less than 1 per cent, and constrained bad debt ratio at 1.4 per cent – both lower than in the same period last year.
Perspectives on SBV’s debt rescheduling alterations
02-09-2021 21:36
The current wave of COVID-19’s Delta variant has pushed the Vietnamese government into implementing strict social distancing measures and lockdowns, which also significantly impedes the domestic economy. So, it should come as no surprise that the State Bank of Vietnam (SBV) has proposed amendments to Circular No.03/2021/TT-NHNN dated April 2 that would extend the circular’s effectiveness while widening the protections it provides for pandemic-impacted borrowers.
SHB focuses on handling debts at Vinashin and VAMC
02-08-2021 10:43
SHB will soon handle all debts of Vinashin and purchase all bonds held by Vietnam Asset Management Company this year thanks to increasing loan-loss provisioning.
SBV considering proposal for developing framework for tackling NPLs
28-07-2021 11:03
The State Bank of Viet Nam is studying a proposal for developing a law on resolving the non-performing loans (NPLs) of credit institutions over the risk of rising bad debts as the COVID-19 pandemic weighs on production and business.
Debt under control thanks to prudent and effective actions
09-07-2021 08:00
Effective usage of the state budget has helped Vietnam succeed in bringing public debt under control since 2016, ensuring national financial security.
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