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mortgaged assets

Banks sell mortgaged assets to resolve bad debts

Banks sell mortgaged assets to resolve bad debts

Many banks in HCM City are selling their mortgaged assets, mainly real estate worth trillions of Vietnamese đồng, to speed up the resolution of bad debts.
Banks boost sales of mortgaged assets to resolve bad debts

Banks boost sales of mortgaged assets to resolve bad debts

Many banks are auctioning mortgaged assets, mainly real estate, worth trillions of Vietnamese dong to speed up the resolution of non-performing loans.
Banks scramble to sell assets to recover bad debts

Banks scramble to sell assets to recover bad debts

Since Vietnam Asset Management Company (VAMC) seized Sai Gon One Tower using the authority conferred on it by Resolution 42 on settling bad debts, several banks have followed suit and offered mortgaged assets for sale to help pay their bad...
Update mortgage law, experts say

Update mortgage law, experts say

Legal regulations on settling mortgaged assets must be streamlined to help credit institutions solve non-performing loans (NPLs), participants at a conference held in Ha Noi said yesterday.
Lack of borrowers hurts banking sector

Lack of borrowers hurts banking sector

The banking system is plagued by low credit growth, huge liquidity but firms unable to borrow, and difficulty in selling mortgaged assets to liquidate bad loans, heard a meeting between National Assembly members representing HCM City and the central bank in the city on...