bad debts

Accumulating bad debt ratio put pressure on banks

09:53 | 11/03/2024 Import-Export

VCN - According to the summary of 2023 business results of 28 listed banks, the total volume of bad debt by the end of 2023 has increased by more than 40% compared to 2022, to nearly 195,000 billion VND.

The bad debt ratio has increased, putting pressure on banks

08:42 | 03/03/2024 Finance

According to the summary of 2023 business results of 28 listed banks, the total volume of bad debt by the end of 2023 increased by more than 40% compared to 2022, to nearly 195,000 billion VND.

Credit quality suffer from objective factors declining bad debt handling effectiveness

00:00 | 28/10/2023 Finance

VCN - According to the Government's report, as of the end of July 2023, the on-balance sheet bad debt ratio was 3.56%, higher than 2% at the end of 2022.

The WB highlights a series of challenges, the banking system must enhance resilience

13:57 | 25/08/2023 Finance

VCN - Although the average Capital Adequacy Ratio (CAR) of the banking sector was at 11.4% in 2022, which was higher than the minimum safety level, the capital buffer at some large State-owned commercial banks and small private banks remains low.

Law needed to ensure banks can repossess collateral on bad debts

15:29 | 19/07/2023 Finance

It is necessary to create a synchronous and breakthrough legal framework to deal with bad debts in order to achieve more positive results as the work is facing many challenges, according to experts.

Need a solution to open up the bad debt trading market

07:57 | 03/06/2023 Import-Export

VCN - According to data from the State Bank of Vietnam (SBV), the bad debt ratio on the balance sheet of the whole system by the end of February 2023 has reached 2.91%, compared to 2% at the end of 2022 and nearly doubled by the end of 2021. Experts forec

Bad debts remain a challenge for banks in Q4 2022

20:25 | 25/09/2022 Finance

Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.

Banks bad debt tends to increase

10:21 | 14/08/2022 Finance

The financial statements of the second quarter and the first six months of 2022 from many banks have revealed not very positive developments in credit quality

Banks have difficulty in handling assets to ensure bad debt recovery

13:13 | 06/07/2022 Finance

VCN - The settlement of disputes related to security assets of bad debts at banks is still limited, not accepted or resolved according to simplified procedures, affecting the rights and interests of the parties in the bad debt settlement process.

Worried about potential bad debt in the future

12:09 | 31/05/2022 Finance

VCN - By the end of the first quarter of 2022, the bad debt ratio at many banks tends to increase, while many forecasts have raised concerns that this problem will increase when potential bad debts and bad debts from restructuring "explode" in the last mo

Bad debt has increased sharply, but the reserve buffer is "thin"

20:14 | 26/05/2022 Finance

At the end of the first quarter of 2022, banks recorded strong profit growth but the bad debt ratio tended to increase.

There are some risks in the banking sector

22:00 | 21/05/2022 Finance

Prof. Dr. Pham Hong Chuong (pictured), Rector of National Economics University, said that risks in the commercial banking system are more obvious when there are many unhealthy indicators

Bad debt is not a concern for the growth of banks

09:25 | 05/03/2022 Import-Export

VCN - Talking to Customs News, Mr. Dang Tran Phuc, Chairman of the Board of Directors of AzFin Vietnam Joint Stock Company (an organization specializing in finance and securities), said that growth in credit, retail expansion along with capital increases

Bad debt worries to ease thanks to high provision rate

08:55 | 21/02/2022 Import-Export

VCN - As shown by a survey in 2021, the ratio of bad debts to total loans of 12 out of 27 surveyed banks has increased. However, the leaders of banks said that they had increased the bad debt coverage ratio to a record level in order to ease concerns over

Directing cash flow to priority areas, preventing bad debts from increasing

10:09 | 12/01/2022 Import-Export

VCN - In 2022, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said that the main focus of monetary policy is directing capital flows into production and business, while handling and preventing bad debts.