The banking sector continues to promote system restructuring and bad debt handling

The banking sector continues to promote system restructuring and bad debt handling

The financial potential of the entire credit institution system in Vietnam is still low, so the SBV has continued to issue an action plan on restructuring the system associated with bad debt settlement in 2021-2025.
Banks bad debt tends to increase

Banks bad debt tends to increase

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
There are some risks in the banking sector

There are some risks in the banking sector

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
SBV focuses on improving credit quality

SBV focuses on improving credit quality

Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans to potentially risky industries.
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