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Tag: bad debt
Vietnam four major state-owned banks can raise registered capital with gov't funding
Under the new regulation, state-owned commercial banks where the state holds more than 50% can now be able to raise their registered capital to maintain the government control.
Vietnam has first female bank governor in history
The new governor is under pressure to keep bad debt in the banking system under control.
IMF raises Vietnam GDP forecast to 2.4% in 2020, among world’s highest
Vietnam’s growth is projected to strengthen further to 6.5% as normalization of domestic and foreign economic activity continues, stated the IMF.
Banks need solutions to avoid bad debts
A banking expert said the central bank needs long-term and effective solutions to deal with bad debt after the pandemic.
Bad debt ratio in Hanoi banking sector stays at 1.91%
Total capital mobilized by credit institutions in Hanoi this year is estimated to increase by 12.91% year-on-year and total outstanding loans at 9.58%.