Banks containing threats of bad debt
January 26, 2024 | 15:48
Many banks experienced a surge in bad debts in the fourth quarter of last year, driving the need to consolidate capital buffers.
How bad debts influence lending rates
May 30, 2023 | 18:38
Last week the State Bank of Vietnam continued reducing diverse regulatory interest rates in a bid to help remove impediments for borrowers, as well as support credit institution efforts to drive down input costs, and from there be able to reduce lending r
Bad bank debts cast shadow over profit outlook
May 06, 2023 | 12:10
Several banks have posted low profit growth for Q1, with some even seeing negative growth, mostly due to a spike in bad debts.
Banks set ambitious profit targets in 2021 despite COVID-19
February 23, 2021 | 13:53
Many banks have set high profit targets for the new year despite COVID-19 complexities.
VAMC bad debts exchange platform to soon receive approval
February 02, 2021 | 09:05
The Vietnam Asset Management Company (VAMC) bad debts exchange platform will be approved by the central bank at the beginning of 2021.
Bad debts causing growing concerns to banks 1
August 28, 2020 | 11:00
Banks are feeling growing concerns over their bad debts amid the current disruptions caused by COVID-19.
VietinBank puts huge debt on trade
May 18, 2020 | 11:41
VietinBank has put its $34.8 million debt on sales to recover loans they gave out to Bach Khoa Viet Trading-Consultancy-Investment-Construction long years ago.
BIDV sells 27 apartments of The Era Town building to recover bad debt
October 07, 2019 | 17:10
BIDV put 27 apartments on sale at The Era Town in Ho Chi Minh City to liquidate its non-performing loans provided to the project.
FE Credit grows with improved earnings power and quality in first half
September 27, 2019 | 15:35
FE Credit has ended the first half with continued growth momentum, along with strong growth in profitability, painting very positive prospects.
BIDV, Vietcombank, and Vietinbank amass nearly $2 billion in bad debts
August 04, 2019 | 11:28
Growing bad debts reaching hundreds of millions of US dollars keep pressuring BIDV, Vietcombank, and VietinBank.
Irrecoverable debts make up more than half of bad debts
May 21, 2019 | 13:38
Irrecoverable debts kept increasing in 2019’s first three months and currently account for more than 50 per cent of the 22 banks’ bad debts.
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