The central bank must push up banking restructuring and settlement of bad debt to ease pressure on rate hikes and keep rates stable this year, experts agreed at an online meeting yesterday on 2017 interest rate trends.
The restructuring has so far helped the banking system avoid the risk of
collapse and gradually stabilise with achievements gained in handling
non-performing loans (NPLs). Vietnam News Agency talks with SBV deputy governor Nguyen Thi Hong.
Agreement and sharing are critical in the current stage of handling
purchased bad debts in Viet Nam, which helps save enterprises, avoid
clashes and losses for all related parties.
The State Bank of Viet Nam (SBV) has discovered two more weak banks and
six credit institutions to be restructured this year, along with nine
other banks now being monitored.
