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credit risk

Better risk management needed to stem credit losses: report

Better risk management needed to stem credit losses: report

Adopting strong credit risk management strategies and tools plays an important role in protecting businesses against customers failing to pay, experts said.
Banks raise provisions in anticipation of bad debt

Banks raise provisions in anticipation of bad debt

In the face of rising bad debt in the ongoing pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources. 
VPBank completes 92% of earnings plan

VPBank completes 92% of earnings plan

The Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) has accomplished 92 per cent of the full-year pre-tax profit after nine months.
Tightening credit for luxury home purchases might rock realty market: experts

Tightening credit for luxury home purchases might rock realty market: experts

If credit policies for luxury home puchases were tightened, it could be a shock to the property market, experts warned.
Sacombank adopts credit risk measurement model

Sacombank adopts credit risk measurement model

Sacombank has begun installing a Credit Risk Model, which will help measure the risk of business portfolios for formulating business strategies, managing credit portfolios and portfolio limits, and classifying assets based on risk levels.
Company reports must meet world standards

Company reports must meet world standards

Credit-risk management should be enhanced to make sure business information was transparent and reliable to improve Viet Nam’s trade, economic and investment conditions, according to Nguyen Quang Thuan, CEO from data analysis firm StoxPlus.
StoxPlus to organise credit risk conference

StoxPlus to organise credit risk conference

A conference on “Credit Risk Management for Trade and Investment in Viet Nam” will be held in Ha Noi on January 11 to address credit risk management practices in Viet Nam and strategies to gain the trust and confidence of...
Banks use profits for risk provision

Banks use profits for risk provision

Large-sized commercial banks had to set aside nearly half of their profits for credit risk provision in the first months of the year.