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NPL

A well-functioning NPL market key to a healthy banking sector

A well-functioning NPL market key to a healthy banking sector

Improving the non-performing loan (NPL) resolution framework is a high priority for the banking sector to ensure efficient and effective bad debt resolution, as forecasters predict bad debts will rise post-pandemic.
HDBank profits up 44.2% in H1, NPL ratio at only 0.8%, joins hands with community to combat pandemic

HDBank profits up 44.2% in H1, NPL ratio at only 0.8%, joins hands with community to combat pandemic

The Ho Chi Minh City Development Joint Stock Commercial Bank has reported pre-tax profit of VND4.19 trillion (US$183.9 million) for the first half of the year, a year-on-year increase of 44.2 per cent and equivalent to 58 per cent of the...
Irrecoverable debts remain high

Irrecoverable debts remain high

Though non-performing loans (NPLs) at commercial banks are being kept under control at below 3 per cent, their potentially irrecoverable debts remain high.
Vietcombank to curb bad debt below 2.5%

Vietcombank to curb bad debt below 2.5%

The Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) aims to keep non-performing loans under 2.5 per cent.
Inspectors uncover banking violations

Inspectors uncover banking violations

The inspectorate body of the State Bank of Viet Nam has conducted 6,555 inspections on credit institutions in the past five years and uncovered many violations in the banking sector.
Improved economy helps VN banks

Improved economy helps VN banks

Improved macroeconomic stability was likely to help Vietnamese banks curb new non-performing loans (NPL), Fitch Ratings said in its latest Asia-Pacific Banks Chart of the Month report on Viet Nam
Experts offer suggestions for tackling bad debt

Experts offer suggestions for tackling bad debt

Several measures have been suggested by economic experts to help the banking sector reduce the non-performing loan (NPL) ratio to less than 3 per cent in 2015, as required by the Government.
SBV orders tighter measures for bad debt management

SBV orders tighter measures for bad debt management

The State Bank of Viet Nam (SBV) this week required its branches nationwide to adopt stricter, more comprehensive measures to accelerate progress in restructuring debt and resolving non-performing loans (NPLs).
VAMC offers guaranteed assets of NPLs

VAMC offers guaranteed assets of NPLs

Vietnam Asset Management Company (VAMC) has offered a list of ten guaranteed assets with about VND7.8 trillion or US$371.4 million, according to Thanh Nien Newspaper, citing the company''s source.
Vital signs of banking improve

Vital signs of banking improve

The health of the banking system has improved, with good reports coming in about asset quality, capital adequacy ratio and liquidity, according to the National Financial Supervisory Commission (NFSC).
State Bank agrees to give leeway to resolve bad debt

State Bank agrees to give leeway to resolve bad debt

The State Bank of Viet Nam (SBV) will not delay the deadline for implementing regulations regarding non-performing loans (NPL), but certain requirements will be amended to help banks cope with the problem.
City banks bad debts still high

City banks' bad debts still high

Non-performing loans (NPLs) accounted for 5.99 per cent of the total loans of HCM City-based banks in the first nine months of this year, said Nguyen Hoang Minh, deputy director of the State Bank of Viet Nam''s HCM City branch.
Banks to sell non-performing loans

Banks to sell non-performing loans

Banks with non-performing loan (NPL) ratios of 3 per cent or more will have to sell the loans to the Viet Nam Asset Management Company (VAMC), a new group due to officially begin operations on July 9 this year, according to a newly-issued...