formalising law to remove npl barriers

Formalising law to remove NPL barriers

The continued codification of regulations under the existing legal system is expected to facilitate the resolution of bad debts, as well as remove obstacles that undermine credit institutions.
banks optimise credit plans to boost efficiency

Banks optimise credit plans to boost efficiency

Military Commercial Joint Stock Bank (MB) is aiming to increase its outstanding credit volume and capital mobilisation by more than 25 per cent to surpass $40 billion by the end of this year. The bank is also targeting a maximum bad debt ratio of 1.7 per cent along with a bad debt coverage ratio of over 100 per cent
banking sector seeks to build on last years strong growth

Banking sector seeks to build on last year’s strong growth

2024 marked a successful year for the banking system, with achievements in monetary policy and credit institution performance, setting the stage for ongoing efforts on bad debts, green credit, and sandboxes.
forecast upbeat for banking industry in 2025

Forecast upbeat for banking industry in 2025

Commercial banks' pre-tax profits in 2025 are forecast to grow by 14.9 per cent year-on-year, while bad debt has peaked and is expected to decrease next year.
additional cross border deals depend on stronger reforms

Additional cross-border deals depend on stronger reforms

With the restructuring of the credit institution system associated with bad debt handling, the country is expected to witness a rise in mergers of weak banks and an open door for more strategic foreign investment.
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.
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