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Wednesday, June 7, 2023
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bad debts

Challenges for banks ahead

Many banks might have recorded positive profit growth in 2022. But challenges are awaiting them this year given negative factors such as high interest...

Bad debt skyrockets at banks

The banking system is facing a decline in asset quality as bad debt has ballooned since Circular 14/2021/TT-NHNN expired. However, they can overcome the...

Extending bad debt settlement scheme can minimize potential risks

HANOI - The extension and improvement of several regulations on bad debt settlement in Resolution 42/2017 will help credit institutions handle potential bad debts...

Firms with bad debts can access zero-interest loans for salary payments

HCMC – Firms incurring bad debts can now get zero-interest loans from the loan package of VND7.5 trillion aimed at supporting Covid-19-affected employers with...

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