The warming-up of domestic real estate market has prompted banks to withdraw non-performing debts of 2008 from property investors. Le Xuan Nghia deputy head of the National Financial Supervision Committee was quoted by the Dau Tu newspaper as saying that the non-performing loan … [Read more...] about Bad Debt Ratio at Vietnam Banking System Falls
Bad debts ratio
Vietnam Banks Cautiously Announce Bad Debt Ratios
Few among tens of banks which announced earning results by the end of November have included the ratio of bad debts, which were lowest at 0.6% and highest at 2.94% at domestic joint stock lenders. Among them, Saigon Thuong Tin Commercial Joint Stock Bank (STB-Sacombank) … [Read more...] about Vietnam Banks Cautiously Announce Bad Debt Ratios
Bad debt ratio fell to 4.46% in June
It was the second month in a row that the ratio of bad debt declined. Toxic debt accounted for 4.67% of total loans as of April 30, and that figure dropped to 4.65% by the end of May. Last month, the wholly State-owned Vietnam Asset Management Company (VAMC) was established … [Read more...] about Bad debt ratio fell to 4.46% in June
Bad debt ratio falls to 3.2% in August
HA NOI (VNS) — The ratio of bad debts in the domestic banking system dropped to 3.21 per cent at the end of August 2015, from 4.93 per cent recorded in September 2012. State Bank of Viet Nam Deputy Governor Nguyen Kim Anh announced the figures at a seminar reviewing … [Read more...] about Bad debt ratio falls to 3.2% in August
VAMC special bonds may not decrease bad debt ratio in 2015
VietNamNet Bridge – Industry insiders are doubtful whether the Viet Nam Asset Management Company (VAMC) issuing special bonds will help reduce the overall bad debt ratio to below 3 per cent in 2015. VAMC plans to issue bonds worth up to VND80 trillion (US$3.76 billion) … [Read more...] about VAMC special bonds may not decrease bad debt ratio in 2015