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vietnam credit institutions

Credit institutions recover nearly 1.2b of bad debts in Q1 2020

Credit institutions recover nearly $1.2b of bad debts in Q1 2020

Credit institutions in Viet Nam settled more than VND26.94 trillion (US$1.17 billion) of non-performing loans (NPLs) in the first quarter of this year.
Vietnamese banks see improved capital adequacy ratios

Vietnamese banks see improved capital adequacy ratios

The capital adequacy ratio (CAR) of Viet Nam''s credit institutions has improved thanks to their increased equity.
Govt takes bold measures to ensure safety of finance system

Gov’t takes bold measures to ensure safety of finance system

Poorly-performing State-owned people’s credit funds – a type of credit institution focusing on people in rural areas to help them escape poverty and avoid dependence on loan sharks – will be merged, acquired or dissolved to ensure the safety of...
Vietcombank no longer a major shareholder at other credit institutions

Vietcombank no longer a major shareholder at other credit institutions

Vietcombank has officially completed a plan to reduce its holding ratio at other credit institutions to below 5 per cent as required by the central bank.
Credit institutions future bright

Credit institutions’ future bright

A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey released on Thursday by the...
Credit institution assets rise again

Credit institution assets rise again

The perform-ance of the system used by credit institutions has shown improvement, with its total assets increasing after a sharp in January.
Capital injection needed to cut loan interest rates

Capital injection needed to cut loan interest rates

The State Bank of Viet Nam needs to inject privileged capital into the banking system to help credit institutions cut lending costs without causing a systematic imbalance in interest rates.