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Search Results: 260 results for keyword "bad debt".
Bad debts causing growing concerns to banks
28-08-2020 11:00
Banks are feeling growing concerns over their bad debts amid the current disruptions caused by COVID-19.
Bad debts tend to rise despite slow credit expansion
10-08-2020 12:56
Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.
Organisations rush to sell Sacombank shares to retrieve debts
27-07-2020 08:00
Some organisations have rushed to sell shares of Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) to retrieve bad debts, but it was not easy to find buyers agreeing with the offered price.
Banks to sell collateral assets amid fears of rising bad debts
21-07-2020 08:45
A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery.
BIDV puts Nam Son arrears on trade to resolve bad debt
13-07-2020 21:18
With the bad debts dragging BIDV down, forcing the bank to recently put the debts of Nam Son Trading Development and Construction JSC (Nam Son) on sale.
Predatory debt collectors hustling on borrowed time
01-07-2020 14:00
Debt-collecting businesses are to be banned in Vietnam as part of local government action to protect customers’ rights, with the upsurge of predatory lending services triggering heated debate and eroding public trust.
Authorities get to grips with new bad debt mountain
24-06-2020 17:20
A spike in the amount of bad loans sitting in banks’ books has triggered Vietnamese authorities to seek new paths to recovery, with the upcoming bad debt exchange platform envisaged to allow investors to buy and sell distressed assets, which can boost market liquidity.
Credit institutions must speed up restructuring to meet deadline
16-06-2020 11:20
Some credit institutions (CIs) that have not yet completed their restructuring roadmap will have to speed up the process to meet the State Bank of Vietnam (SBV)’s deadline this year.
VAMC targets to settle 50 trillion VND of bad debts this year
08-06-2020 06:58
The Vietnam Asset Management Company (VAMC) targeted to settle bad debts worth totally 50 trillion VND (2.15 billion USD) this year.
Banks sell mortgaged assets to resolve bad debts
12-04-2020 19:23
Many banks in Ho Chi Minh City are selling their mortgaged assets, mainly properties worth trillions of Vietnamese dong, to speed up the resolution of bad debts.
BIDV puts real estate project’s debt on sale for $174 million
06-04-2020 11:32
BIDV will organise an auction to put on sale the VND4 trillion ($173.9 million) debt of Tai Nguyen Trading Manufacturing Construction Co., Ltd. at the Kenton Node hotel complex project, a billion-dollar urban area project in the south of Ho Chi Minh City.
BIDV and NCB looking at losing debts at Saplastic
30-03-2020 11:44
With Saigon Plastic Packaging JSC (Saplastic) standing on the brink of bankruptcy, there is little chance for BIDV and NCB to collect their dues from the company.
Twelve banks clear all bad debts at VAMC
03-02-2020 15:52
Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Viet Nam Asset Management Company (VAMC).
VPBank completes buying back bad debts from VAMC
26-12-2019 17:11
Privately-held Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has just completed buying back all the outstanding bonds (bad debts) at state-owned Vietnam Asset Management Company – dubbed as the "bad debts bank" – providing the foundations for profit growth in the forthcoming years.
Eighth bank cleared all bad debts at VAMC
18-12-2019 17:23
Kien Long Bank has become the eighth bank to clear all bad debts they had previously sold to the Viet Nam Asset Management Company (VAMC) before the maturity date, VAMC announced on Tuesday.
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