Among banks that have already published Q3 2022 financial statements, only a few recorded declines in the bad debt ratio compared to the beginning of the year.
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans to potentially...
The number of non-performing loans (NPLs) at many banks has decreased dramatically in the past few months, with some even posting a decline of more than half.
Fitch Ratings expects Vietnamese banks to sustain their improving operating trends in the second half of 2018 (H2) on the heels of better credit quality and profitability, and broadly stable funding and liquidity in the first half.
Sacombank and Aurionpro-Integro on Wednesday signed a contract for setting up a loan originations system (LOS) at the bank at a cost of over VND100 billion (US$4.4 million) to streamline lending, improve productivity, enhance credit quality and reduce risks.
The Vietnam Bank for Industry and Trade (VietinBank) held a conference in Ha Noi on Wednesday to review its half-yearly performance and to launch tasks for the rest of 2017.
The State Bank of Viet Nam (SBV) has requested credit institutions and
foreign banks to intensify their credit quality and bad debt management
and submit their bad debt handling plans.