04-09-2024 08:00
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.
31-08-2024 21:47
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.
21-08-2024 18:25
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.
17-08-2024 12:21
The prospects of a credit rebound, easing bad debt threats, and better net interest margins should help banks to maintain profit growth this year.
15-08-2024 09:51
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.
13-08-2024 16:38
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.
10-06-2024 15:59
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.
17-05-2024 07:50
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.
13-05-2024 16:30
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.
11-03-2024 18:02
With the low-interest rate environment and resumed credit growth, banks are expecting a rosier profit picture this year compared to 2023.
30-01-2024 09:44
Several banks saw a significant improvement in the fourth quarter (Q4) last year, leveraging credit growth and improved efficiencies to tackle bad debts.
26-01-2024 15:48
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.
26-12-2023 11:53
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.
09-11-2023 19:23
Due to lower lending interest rates, slow credit growth and rising bad debts, commercial banks have increased their provision costs.
07-11-2023 13:00
The country is grappling with soaring bad debt and a surge in black credit, straining legitimate consumer finance firms and impacting vulnerable communities.