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
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
Brokerages set for tighter debt ratios
HA NOI — Capital inflows into the stock market are likely to decline substantially if a draft circular being prepared to replace Ministry of Finance Decision No 27/2007/QD-BTC is approved. The draft regulation on the organisation and operation of securities companies … [Read more...] about Brokerages set for tighter debt ratios